Union Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 03-03-2025
₹ 23.13
1D
Inception Returns
16.2%
/yr
About Union Focused Fund Direct Growth
Union Focused Fund Direct Growth is an equity fund. This fund was started on 13 August, 2019. The fund is managed by Pratik Dharmshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Focused Fund Direct Growth has ₹397 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
Union Focused Fund Direct Growth has given a CAGR return of 16.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.49%, 9.72% and 16.03% respectively.
Holdings
Union Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Health, Communication, Utilities, Consumer Defensive, Energy, Government. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Tata Consumer Products Ltd, Info Edge (India) Ltd
Taxation
As it is a focused fund mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Union Focused Fund Direct Growth
The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps. However, there can be 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 Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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49 people have invested ₹ 9.4L in Union Focused Fund Direct Growth in the last three months
INDmoney Rank for Union Focused Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Union Focused Fund Direct Growth Overview
| Expense ratio | 1.55% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹397 Cr |
| Inception Date | 13 August, 2019 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 154.83% |
| 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 |   Very High Risk |
Trailing Returns
as on (03-Mar-25)
Fund Distribution
as on (31-Jan-25)
Large cap
76.5%
Mid cap
12.9%
Small cap
7.7%
Sector Allocation
Financial Services
25.2%
Tech
15.7%
Industrial
15.6%
Consumer Cyclical
10.4%
Health
10.3%
Communication
8.4%
Utilities
5.4%
Consumer Defensive
5.3%
Energy
3.7%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 428.3 Cr as of Jan'25
- AUM increased by 4.9 Cr between Jan'25 and Dec'24
Top Stocks bought last month
CG Power & Industrial Solutions Ltd's allocation increased from 1.21% to 4.04%
Tata Consumer Products Ltd's allocation increased from 4.1% to 5.17%
State Bank of India's allocation increased from 2.47% to 3.35%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.06 % to 7.63 %
Info Edge (India) Ltd's allocation decreased from 4.92 % to 4.91 %
Larsen & Toubro Ltd's allocation decreased from 3.94 % to 3.49 %
Small Cap allocation has gone down from 14% to 7.7%
Mid Cap allocation has gone down from 17.6% to 12.9%
Large Cap allocation has gone up from 62.3% to 76.5%
Cash allocation has gone down from 6.1% to 2.9%
Debt allocation has gone up from 0% to 0.1%
Top 3 Sectors in January were Financial Services, Industrial & Tech
Jan'25
Financial Services
25%
Tech
16%
Industrial
16%
Dec'24
Financial Services
22%
Industrial
16%
Tech
15%
See all
Top Growth Drivers | 1M Return |
|---|---|
 JSW Energy Ltd | 4.1% |
 HDFC Bank Ltd | 3.2% |
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Pratik Dharmshi
Fund Manager of Union Focused Fund Direct Growth, since 9 December 2024
Top funds managed
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹24.63K Cr
as on 31-Jan-2025
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Website
investorcare@unionmf.com
Mutual Fund Insights
In the last 1 year, Invesco India Focused Fund Direct Growth has given 12.4% return, outperforming this fund by 13.89%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 23.89% return, outperforming this fund by 14.16% per annum.
Over the last 1 month, this fund has experienced a 7.4% drop in AUM moving from 428.28 Cr to 396.5 Cr.
In the last 5 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 25.24% return, outperforming this fund by 9.21% per annum.
Union Focused Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.24% since inception which is more than its category average return of 13.87%
Fund Allocations
This fund has an allocation of 97.07% in Equity, 0.07% in Debt and 2.85% in Cash related instruments
AUM size ₹397 Cr
This fund has AUM of ₹397 Cr which is less than its category average of ₹ 4908 Cr
Expense Ratio 1.55%
This fund has an expense ratio of 1.55% which is more than its category average expense ratio of 1.44%
Frequently Asked Questions for Union Focused Fund Direct Growth
The current NAV of Union Focused Fund Direct Growth is ₹23.13 as on 03-Mar-2025.
Existing (Absolute + CAGR) as on 03-Mar-2025.
Union Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.55% | -8.55% |
6 Month Returns | -14.42% | -14.42% |
1 Year Returns | -1.49% | -1.49% |
3 Years Returns | 32.09% | 9.72% |
5 Years Returns | 110.29% | 16.03% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
1.55% as on February 2025
₹397 Cr as on February 2025
ICICI Bank Ltd(8.49%), HDFC Bank Ltd(7.63%), Infosys Ltd(7.04%), Tata Consumer Products Ltd(5.17%), Info Edge (India) Ltd(4.91%) as on February 2025
Financial Services(24.43%), Tech(15.25%), Industrial(15.14%) as on February 2025
The alpha ratio for the Union Focused Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Focused Fund Direct Growth | -1.39 | -1.71 | -0.48 |
As on February 2025
The alpha for Union Focused Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Union Focused Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Focused Fund Direct Growth | 0.94 | 0.83 | 0.89 |
As on February 2025
The Beta for Union Focused Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Union Focused Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Focused Fund Direct Growth | -0.47 | 0.3 | 0.63 |
As on February 2025
The sharpe ratio for Union Focused Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Union Focused Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Focused Fund Direct Growth | 15.34 | 12.78 | 17.91 |
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.43 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Pratik Dharmshi is the fund manager of Union Focused Fund Direct Growth
The Exit load of Union Focused Fund Direct Growth is 1%