Union Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 12-03-2025
₹ 9.73
1D
Inception Returns
/yr
About Union Multi Asset Allocation Fund Direct Growth
Union Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 10 September, 2024. The fund is managed by Anindya Sarkar, Sanjay Bembalkar. This fund gives you the benefit of diversification.
Key Parameters
- Union Multi Asset Allocation Fund Direct Growth has ₹838 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
Union Multi Asset Allocation Fund Direct Growth has given a CAGR return of -3.60% since inception.
Holdings
Union Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Tech, Consumer Cyclical, Industrial, Government, Basic Materials, Health, Consumer Defensive, Energy, Communication, Utilities.
Taxation
As it is a multi asset allocation 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 Multi Asset Allocation Fund Direct Growth
The Scheme seeks to generate long-term capital appreciation by investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments, units of Gold Exchange Traded Funds (ETFs) and / or Silver ETFs and units of REITs & InvITs as per the asset allocation pattern of the Scheme.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Multi Asset Allocation Fund Direct Growth has no lock in period.
Historical NAV & Returns
Union Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 1.04% |
Benchmark | IISL Nifty 50 TR INR |
| AUM | ₹838 Cr |
| Inception Date | 10 September, 2024 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (12-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 858.1 Cr as of Jan'25
- AUM decreased by 10.4 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Industrial & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Pru Gold ETF | 9.23% | 0% | |
 HDFC Gold ETF | 8.89% | -2.9% | |
 HDFC Bank Ltd | 4.09% | -12.3% | |
 Union Gold ETF | 3.51% | 0% | |
 ICICI Bank Ltd | 3.32% | 0% |
Union Multi Asset Allocation Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹838 Cr
Expense Ratio 1.04%
Frequently Asked Questions for Union Multi Asset Allocation Fund Direct Growth
Union Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.73% | -1.73% |
6 Month Returns | -3.6% | -3.6% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 |