Union Value Fund Direct Growth
Equity
Direct
Value
NAV as on 19-11-2024
₹ 28.26
▲0.3%
1D
Inception Returns
19.1%
/yr
About Union Value Fund Direct Growth
Union Value Fund Direct Growth is an equity fund. This fund was started on 5 December, 2018. The fund is managed by Sanjay Bembalkar, Hardick Bora. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Value Fund Direct Growth has ₹295 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
Union Value Fund Direct Growth has given a CAGR return of 19.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.49%, 16.99% and 21.17% respectively.
Holdings
Union Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Utilities, Consumer Defensive, Basic Materials, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, ITC Ltd, Reliance Industries Ltd
Taxation
As it is a value 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 Value Fund Direct Growth
The investment objective of the scheme is to seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
20 people have invested ₹ 1.2L in Union Value Fund Direct Growth in the last three months
INDmoney Rank for Union Value Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Union Value Fund Direct Growth Overview
| Expense ratio | 1.34% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹295 Cr |
| Inception Date | 5 December, 2018 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 138.9% |
| 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)
Large cap
53.9%
Small cap
29.3%
Mid cap
11.4%
Sector Allocation
Financial Services
28.2%
Industrial
15.4%
Tech
11.8%
Consumer Cyclical
11.6%
Health
6.5%
Utilities
6%
Consumer Defensive
5.5%
Basic Materials
5.1%
Communication
4.5%
Energy
4.3%
Real Estate
1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -3.57% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 2.94% in Oct'24
- AUM of the fund stands at 297.8 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Bharat Electronics Ltd's allocation increased from 0.49% to 1.99%
Karur Vysya Bank Ltd's allocation increased from 0.86% to 1.8%
Maruti Suzuki India Ltd's allocation increased from 0.93% to 1.54%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 5.17 % to 4.89 %
ITC Ltd's allocation decreased from 3.17 % to 3.02 %
Reliance Industries Ltd's allocation decreased from 3.02 % to 2.76 %
Small Cap allocation has gone down from 29.6% to 29.3%
Mid Cap allocation has gone down from 11.5% to 11.4%
Large Cap allocation has gone down from 55% to 53.9%
Cash allocation has gone up from 3.8% to 5.4%
Top 3 Sectors in October were Financial Services, Industrial & Tech
Oct'24
Financial Services
28%
Industrial
15%
Tech
12%
Sep'24
Financial Services
27%
Industrial
15%
Tech
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.78% | 3.1% | |
 ICICI Bank Ltd | 5% | 0% | |
 Infosys Ltd | 4.89% | 0% | |
 ITC Ltd | 3.02% | 0% | |
 Reliance Industries Ltd | 2.76% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 S J S Enterprises Ltd | 0.6% |
Loading...
We are taking more time than usual
Sanjay Bembalkar
Fund Manager of Union Value Fund Direct Growth, since 7 June 2021
Top funds managed
Hardick Bora
Fund Manager of Union Value Fund Direct Growth, since 25 January 2023
Top funds managed
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹22.24K Cr
as on 31-Oct-2024
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
Mutual Fund Insights
In the last 5 years, Bandhan Sterling Value Fund Direct Plan Growth has given 26.61% return, outperforming this fund by 5.44% per annum.
In the last 1 year, Quant Value Fund Direct Growth has given 43.67% return, outperforming this fund by 18.18%.
Over the last 6 months, this fund has experienced a 24.0% growth in AUM moving from 237.46 Cr to 294.54 Cr.
In the last 3 years, JM Value Fund (Direct) - Growth has given 24.04% return, outperforming this fund by 7.05% per annum.
Union Value Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.05% since inception which is more than its category average return of 17.13%
Fund Allocations
This fund has an allocation of 94.6% in Equity, 0% in Debt and 5.4% in Cash related instruments
AUM size ₹295 Cr
This fund has AUM of ₹295 Cr which is less than its category average of ₹ 5375 Cr
Expense Ratio 1.34%
This fund has an expense ratio of 1.34% which is less than its category average expense ratio of 1.44%
Frequently Asked Questions for Union Value Fund Direct Growth
The current NAV of Union Value Fund Direct Growth is ₹28.26 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Union Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.3% | -6.3% |
6 Month Returns | 6.88% | 6.88% |
1 Year Returns | 25.49% | 25.49% |
3 Years Returns | 60.11% | 16.99% |
5 Years Returns | 161.18% | 21.17% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
1.34% as on October 2024
₹295 Cr as on October 2024
HDFC Bank Ltd(7.78%), ICICI Bank Ltd(5%), Infosys Ltd(4.89%), ITC Ltd(3.02%), Reliance Industries Ltd(2.76%) as on October 2024
Financial Services(26.68%), Industrial(14.61%), Tech(11.2%) as on October 2024
The alpha ratio for the Union Value Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Value Fund Direct Growth | 6.89 | 4.04 | 2.71 |
As on October 2024
The alpha for Union Value Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Union Value Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Value Fund Direct Growth | 0.78 | 0.88 | 0.95 |
As on October 2024
The Beta for Union Value Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Union Value Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Value Fund Direct Growth | 2.34 | 0.99 | 0.91 |
As on October 2024
The sharpe ratio for Union Value Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Union Value Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Value Fund Direct Growth | 11.38 | 12.74 | 18.67 |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.86 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.81 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Value Fund Direct Growth
The Exit load of Union Value Fund Direct Growth is 1%