Union Liquid Fund Direct Growth
Debt
Direct
Liquid
NAV as on 08-09-2024
₹ 2402.48
Inception Returns
6.5%
/yr
About the Fund
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.
Key Parameters
- Union Liquid Fund Direct Growth has ₹4795 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
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.
Holdings
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
Taxation
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.
Investment objective of Union Liquid Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Fund Overview
| 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 |
Trailing Returns
as on (08-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 4.3K Cr as of Jul'24
- AUM increased by 1.5K Cr between Jul'24 and Jun'24
Top 2 Sectors in July were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Limited | 2.59% | 0% | |
91 DTB 18102024 | 2.58% | 0% | |
91 DTB 31102024 | 2.57% | 0% | |
Alembic Pharmaceuticals Limited | 2.07% | 100% | |
Indian Bank | 2.07% | 100% |
Mutual Fund Insights
Union Liquid Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.07%
Frequently Asked Questions
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% |
- 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 |