Union Retirement Fund Direct Growth

Union Retirement Fund Direct Growth

NAV as on 28-03-2025

₹ 14.86

-0.2%

1D

Inception Returns

17.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
67 people have invested ₹ 1.1L in Union Retirement Fund Direct Growth in the last three months

About Union Retirement Fund Direct Growth

Union Retirement Fund Direct Growth is a hybrid fund. This fund was started on 22 September, 2022. The fund is managed by Pratik Dharmshi. This fund gives you the benefit of diversification.

Key Parameters

  1. Union Retirement Fund Direct Growth has ₹142 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Union Retirement Fund Direct Growth has given a CAGR return of 17.07% since inception. Over the last 1 year the fund has given a CAGR return of 7.06%.

Holdings

Union Retirement Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Basic Materials, Communication, Energy, Consumer Defensive, Utilities, Government, Real Estate.

Taxation

As it is a retirement 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 benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Union Retirement Fund Direct Growth

The investment objective of the Scheme is to generate long term capital gains by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide a retirement investment solution to investors. 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. There is a lock in period for Union Retirement Fund Direct Growth of 5 Years

Union Retirement Fund Direct Growth Overview

Expense ratio0.92%
Benchmark
S&P BSE 500 India TR INR
AUM₹142 Cr
Inception Date22 September, 2022
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock In5 Years
TurnOver
121.25%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (28-Mar-25)

Period
Union Retirement Fund Direct Growth
Retirement Index
1M
7.8%
-
3M
-5.7%
-
6M
-11.3%
-
1Y
7.1%
-

Fund Distribution

as on (28-Feb-25)

  • Equity 93.7%

  • Debt & Cash 6.3%

Large cap
63.5%

Mid cap
17%

Small cap
13.1%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
29%
Industrial
13.5%
Tech
12%
Consumer Cyclical
12%
Health
7.8%
Basic Materials
7.1%
Communication
5.1%
Energy
4.4%
Consumer Defensive
4%
Utilities
3.7%
Real Estate
1.5%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 141.9 Cr
₹ 156.3 Cr
₹ 154 Cr
  • AUM of the fund stands at 141.9 Cr as of Feb'25
  • AUM decreased by 14.3 Cr between Feb'25 and Jan'25
Top Stocks sold last month
Varun Beverages Ltd's allocation decreased from 1.29 % to 0.81 %
Varun Beverages Ltd's allocation decreased from 1.29 % to 0.81 %

Top 3 Sectors in February were Financial Services, Industrial & Tech

Feb'25
Financial Services
29%
Industrial
13%
Tech
12%
Jan'25
Financial Services
27%
Industrial
14%
Tech
13%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
77
77
76
Top 5 Company Concentration
25.1%
24.2%
22.8%
Company having highest exposure
HDFC Bank Ltd (8.4%)
HDFC Bank Ltd (7.7%)
HDFC Bank Ltd (8%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
74.2%
73.9%
75%
Sector having highest exposure
Financial Services (29%)
Financial Services (26.9%)
Financial Services (24.1%)
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Pratik Dharmshi
Pratik Dharmshi
Fund Manager of Union Retirement Fund Direct Growth, since 9 December 2024
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹25.08K Cr
as on 28-Feb-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

Union Retirement Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.07% since inception which is more than its category average return of 10.22%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.73% in Equity, 0.1% in Debt and 6.16% in Cash related instruments
AUM size ₹142 Cr

AUM size ₹142 Cr

This fund has AUM of ₹142 Cr which is less than its category average of ₹ 731 Cr
Expense Ratio 0.92%

Expense Ratio 0.92%

This fund has an expense ratio of 0.92% which is less than its category average expense ratio of 1.55%

More funds from Union

Union Aggressive Hybrid Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

3Y CAGR

▲ 12.28

Union Balanced Advantage Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

5Y CAGR

▲ 16.31

Union Equity Savings Fund Direct Growth

Union Equity Savings Fund Direct Growth

5Y CAGR

▲ 10.89

Union Arbitrage Fund Direct Growth

Union Arbitrage Fund Direct Growth

5Y CAGR

▲ 5.88

Union Children's Fund Direct Growth

Union Children's Fund Direct Growth

1Y CAGR

▲ 8.91

Frequently Asked Questions for Union Retirement Fund Direct Growth

The current NAV of Union Retirement Fund Direct Growth is ₹14.86 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Union Retirement Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.76%
7.76%
6 Month Returns
-11.34%
-11.34%
1 Year Returns
7.06%
7.06%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.92% as on March 2025
₹142 Cr as on March 2025
HDFC Bank Ltd(8.42%), ICICI Bank Ltd(6.64%), Reliance Industries Ltd(3.61%), Bharti Airtel Ltd(3.22%), Infosys Ltd(3.19%) as on March 2025
Financial Services(27.2%), Industrial(12.64%), Tech(11.23%) as on March 2025
AAA
100
Pratik Dharmshi is the fund manager of Union Retirement Fund Direct Growth
The Exit load of Union Retirement Fund Direct Growth is 0%