1M
6M
1Y
3Y
5Y
All
| NAV: 22 Oct 2024 | ₹20.91 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹1,527.45Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 19.8% | 10.3% | 13.4% | 11.4% |
| Category average | 22.5% | 11.3% | 13.2% | NA |
| Rank with in category | 29 | 21 | 14 | NA |
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Holdings (128)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.71% |
Reliance Industries Ltd. | Energy | Equity | 4.59% |
ICICI Bank Ltd. | Financial | Equity | 4.29% |
Reserve Bank of India | Financial | T-Bills | 3.21% |
Reserve Bank of India | Financial | T-Bills | 3.18% |
Bharti Airtel Ltd. | Communication | Equity | 2.81% |
Infosys Ltd. | Technology | Equity | 2.44% |
Tata Motors Ltd. | Automobile | Equity | 2.36% |
State Bank of India | Financial | Equity | 1.88% |
Larsen & Toubro Ltd. | Construction | Equity | 1.79% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
5Y annualised returns higher than category average by 0.24%
Higher alpha: 1.29
The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Lower expense ratio: 0.96%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
Consistently lower annualised returns than category average for the past 1Y and 3Y
Expense ratio, exit load and tax
Expense ratio: 0.96%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Parijat AgrawalDec 2017 - PresentView details
Parijat Agrawal
Dec 2017 - Present
View details
Education
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience
Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Also manages these schemes
Hardick BoraJun 2018 - PresentView details
Hardick Bora
Jun 2018 - Present
View details
Education
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience
Prior to joining Union Mutual Fund, he has worked with Motilal Oswal Securities Ltd., Dolat Capital Markets Pvt Ltd. as Research Associate, Khandwala Securities Ltd. as Research Associate, Yen Management Consultants Pvt. Ltd. and 3 Global Services Pvt. Ltd.
Also manages these schemes
Sanjay BembalkarJan 2023 - PresentView details
Sanjay Bembalkar
Jan 2023 - Present
View details
Education
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience
Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Launch Date
30 Dec 2009
E-mail
[email protected]Website
www.unionmf.com
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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