Debt
Direct
Liquid
NAV as on 08-09-2024
₹ 2402.48
Inception Returns
6.5%
/yr
Union Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Devesh Thacker. This fund is suitable to keep your money safe.
Union Liquid Fund Direct Growth has given a CAGR return of 6.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.45%, 6.11% and 5.34% respectively.
Union Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are ICICI Bank Limited, 91 DTB 18102024, 91 DTB 31102024, Alembic Pharmaceuticals Limited, Indian Bank
As it is a liquid mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Union Liquid Fund Direct Growth has no lock in period.
Expense ratio | 0.07% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹4795 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 432.37% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (08-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
Union Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.69% | 3.69% |
1 Year Returns | 7.45% | 7.45% |
3 Years Returns | 19.47% | 6.11% |
5 Years Returns | 29.73% | 5.34% |
AAA | 100 |