Union Equity Savings Fund Direct Growth
NAV as on 11-04-2025
₹ 16.78
▲0.5%
1D
Inception Returns
8.1%
/yr
Historical NAV & Returns
About Union Equity Savings Fund Direct Growth
Union Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 6 August, 2018. The fund is managed by Sanjay Bembalkar. This fund gives you the benefit of diversification.
Key Parameters
- Union Equity Savings Fund Direct Growth has ₹399 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
Union Equity Savings Fund Direct Growth has given a CAGR return of 8.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.09%, 7.33% and 10.10% respectively.
Holdings
Union Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Communication, Tech, Basic Materials, Consumer Defensive, Energy, Government, Corporate, Health, Utilities, Real Estate.
Taxation
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Union Equity Savings Fund Direct Growth
To seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments, arbitrage and derivative strategies and exposure in debt and money market instruments. However, there is no assurance that the Investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Equity Savings Fund Direct Growth has no lock in period.
Union Equity Savings Fund Direct Growth Overview
| Expense ratio | 1.43% |
Benchmark | Crisil Equity Savings Index TR INR |
| AUM | ₹399 Cr |
| Inception Date | 6 August, 2018 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 125.77% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderate Risk |
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 393.1 Cr as of Feb'25
- AUM decreased by 8.8 Cr between Feb'25 and Jan'25
Top 3 Sectors in February were Financial Services, Tech & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 3.38% | 0% | |
 Bharti Airtel Ltd | 2.99% | 0% | |
 Indus Towers Ltd Ordinary Shares | 2.84% | 0% | |
 InterGlobe Aviation Ltd | 2.72% | 0% | |
 Kotak Mahindra Bank Ltd | 2.69% | 25% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Union Equity Savings Fund Direct Growth | 4.09% | 7.33% | 10.1% | 8.06% |
 DSP Equity Savings Fund Direct Plan Growth | 10.4% | 10.21% | 14.3% | 10.02% |
 Sundaram Equity Savings - Direct Plan - Growth Option | 8.25% | 11.42% | 16.28% | 9.94% |
 ICICI Prudential Equity Savings Fund Direct Growth | 7.55% | 8.4% | 11.3% | 8.54% |
Mutual Fund Insights
Union Equity Savings Fund Direct Growth Highlights
Moderate Risk
About the fund
Fund Allocations
AUM size ₹399 Cr
Expense Ratio 1.43%
More funds from Union
3Y CAGR
▲ 10.62
5Y CAGR
▲ 14.78
5Y CAGR
▲ 5.86
1Y CAGR
▲ 1.13
1Y CAGR
▲ 3.25
Frequently Asked Questions for Union Equity Savings Fund Direct Growth
Union Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.21% | 1.21% |
6 Month Returns | -1.18% | -1.18% |
1 Year Returns | 4.09% | 4.09% |
3 Years Returns | 23.66% | 7.33% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |