Union Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 05-03-2025
₹ 16.54
▲0.1%
1D
Inception Returns
7.9%
/yr
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 ₹402 Cr worth of assets under management (AUM) as on Jan 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 7.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.81%, 7.56% and 8.50% respectively.
Holdings
Union Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Communication, Energy, Basic Materials, Government, Corporate, Consumer Defensive, 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.
Historical NAV & Returns
Union Equity Savings Fund Direct Growth Overview
| Expense ratio | 1.43% |
Benchmark | Crisil Equity Savings Index TR INR |
| AUM | ₹402 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 (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 401.9 Cr as of Jan'25
- AUM increased by 27.8 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Industrial & Tech
Mutual Fund Insights
Union Equity Savings Fund Direct Growth Highlights
Moderate Risk
About the fund
Fund Allocations
AUM size ₹402 Cr
Expense Ratio 1.43%
Frequently Asked Questions for Union Equity Savings Fund Direct Growth
Union Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.26% | -2.26% |
6 Month Returns | -2.89% | -2.89% |
1 Year Returns | 2.81% | 2.81% |
3 Years Returns | 24.43% | 7.56% |
5 Years Returns | 50.37% | 8.5% |
- 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 |