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Union Business Cycle Fund Direct Growth

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Overview

Union Business Cycle Fund Direct Growth

Union Mutual Fund

The Schemeseeks to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy.

Investments in Union Business Cycle Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.

Latest NAV

₹ 10.74

Fund Size (AUM)

₹549.98 Cr

Risk

Very High (Risk rating: 6/10)

Minimum Investment

Lumpsum: ₹ 1000

SIP: ₹500

Launch Date

05-Mar-2024

Expense Ratio

0.6%

Exit Load

Exit load of 1%, if redeemed within 1 year.

Benchmark

NIFTY 500 Total Return Index

Standard Deviation

N/A

History

Performance & Ratios

1-Year SIP Return

-21.14%

3-Year SIP Return

N/A

5-Year SIP Return

N/A

Mean Return

N/A

Alpha

-

Beta

-

Sharpe Ratio

-

Sortino Ratio

-

Information Ratio

-

Returns
1Y 3Y 5Y All Time
Fund Returns 6.3% N/A N/A N/A
Category Average 5.23% 17.08% 27.03% N/A
Rank Within Category 34 N/A N/A N/A

Holdings (55)

Company Sector Instrument Assets
HDFC Bank Ltd. Financial Equity 8.17%
ICICI Bank Ltd. Financial Equity 6.52%
Bharti Airtel Ltd. Communication Equity 5.58%
Reliance Industries Ltd. Energy Equity 3.93%
Infosys Ltd. Technology Equity 3.58%
Ultratech Cement Ltd. Construction Equity 3.47%
Kotak Mahindra Bank Ltd. Financial Equity 3.41%
Larsen & Toubro Ltd. Construction Equity 3.1%
Sun Pharmaceutical Industries Ltd. Healthcare Equity 2.95%
Bajaj Finance Ltd. Financial Equity 2.81%

Holdings Analysis

Peer Comparison

SIP, STP & SWP Details

Systematic Investment Plan (SIP):

Frequency: Monthly

Min Amount: ₹ 500

Multiplier: 1

Systematic Transfer Plan (STP):

Frequency: MONTHLY

Dates: Any day of the month

Min Amount: ₹ 100

Min Installments: 6

Systematic Withdrawal Plan (SWP):

Frequency: MONTHLY

Dates: Any day of the month

Min Amount: ₹ 1000

Min Installments: 6

AMC Details

Asset Management Company

Union Mutual Fund

Union KBC Mutual Fund started their mutual fund on 23/03/2011 and its managing total assets of ₹3,811 Cr. Its ranked at 30 as per total assets at end of 30th Sep 2017. Union Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.

Union Mutual Fund is sponsored by Union Bank of India and is therefore a trusted brand for investors.

Union Mutual Fund visions to obtain prosperity by responsibly investing in the capital market. Their aim is to provide the right client, the right product at the right time. The asset management company aims at understanding the investor's needs better and customizes products in a way that will be beneficial to them.

It believes in creating an investment platform which is sustainable for the long-term and helps investors to create wealth systematically. The fund house provides various mutual funds across different market capitalization and categories, in order to apppeal to investors with various needs. Union Mutual Fund targets to give its investors a brilliant investing experience and choose mutual fund as an instrument for the long haul.

Launch Date

2009-12-30T00:00:00.800Z

Total AUM

₹ 18837.14 Cr

Address

Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059

Phone

(022) 6748 3300

Website

https://www.unionmf.com

Sub Type

Contra

Sub Type Info

Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.

Tax Impact

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Stamp Duty

0.005% (from July 1st, 2020)

Fund Manager Details

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Frequently Asked Questions

How is the overall rating calculated?

The overall rating for Union Business Cycle Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.

What are the top stocks of Union Business Cycle Fund Direct Growth?

The top stocks held by Union Business Cycle Fund Direct Growth include HDFC Bank Ltd., ICICI Bank Ltd., Bharti Airtel Ltd..

Which industries does Union Business Cycle Fund Direct Growth invest in?

Union Business Cycle Fund Direct Growth primarily invests in the following industries: Financial, Communication, Energy.

Who are the fund managers of Union Business Cycle Fund Direct Growth?

The fund managers of Union Business Cycle Fund Direct Growth are Harshad Patwardhan and Pratik Dharmshi.

How many years has the fund manager been managing Union Business Cycle Fund Direct Growth?

Harshad Patwardhan: Calculating...
Pratik Dharmshi: Calculating...

What is the minimum investment for Union Business Cycle Fund Direct Growth?

The minimum investment for Union Business Cycle Fund Direct Growth is ₹1000 for lumpsum investments and ₹500 for SIPs.

What are the average 1-year returns for Union Business Cycle Fund Direct Growth?

Calculating...

What are the average 3-year returns for Union Business Cycle Fund Direct Growth?

Calculating...

What is the expense ratio of Union Business Cycle Fund Direct Growth, and how does it compare to its category?

The expense ratio of Union Business Cycle Fund Direct Growth is 0.6%. No category comparison data is available.