Union Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 19-11-2024
₹ 15.59
▲0.5%
1D
Inception Returns
26%
/yr
About Union Multicap Fund Direct Growth
Union Multicap Fund Direct Growth is an equity fund. This fund was started on 19 December, 2022. The fund is managed by Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Multicap Fund Direct Growth has ₹1075 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Union Multicap Fund Direct Growth has given a CAGR return of 26.03% since inception. Over the last 1 year the fund has given a CAGR return of 25.12%.
Holdings
Union Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Tech, Health, Basic Materials, Communication, Utilities, Energy, Consumer Defensive, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, HCL Technologies Ltd
Taxation
As it is a multi-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Union Multicap Fund Direct Growth
The investment objective of the Scheme is to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies. 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 Multicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Union Multicap Fund Direct Growth Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1075 Cr |
| Inception Date | 19 December, 2022 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 147.27% |
| STCG | Redeeming 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -5.14% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.38% in Oct'24
- AUM of the fund stands at 1.1K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 4.62% | 5.7% | |
 ICICI Bank Ltd | 3.81% | 0% | |
 Infosys Ltd | 2.75% | 0% | |
 Reliance Industries Ltd | 2.28% | 0% | |
 HCL Technologies Ltd | 1.85% | 65.6% |
Top Growth Drivers | 1M Return |
|---|---|
 Cartrade Tech Ltd | 30.5% |
 S J S Enterprises Ltd | 0.6% |
Union Multicap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1075 Cr
Expense Ratio 0.9%
Frequently Asked Questions for Union Multicap Fund Direct Growth
Union Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.08% | -6.08% |
6 Month Returns | 7.81% | 7.81% |
1 Year Returns | 25.12% | 25.12% |
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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Multicap Fund Direct Growth | 3.12 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Multicap Fund Direct Growth | 0.8 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Multicap Fund Direct Growth | 2.16 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Multicap Fund Direct Growth | 11.84 | - | - |