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Union Gilt Fund Direct Growth

Aggregate Rating: 2/5
Debt Gilt
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Overview

Union Gilt Fund Direct Growth

Union Mutual Fund

The scheme seeks to generate income through investment in a portfolio comprising of government securities of various maturities.

Investments in Union Gilt 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

₹ 12.5125

Fund Size (AUM)

₹128.97 Cr

Risk

Moderate (Risk rating: 3/10)

Minimum Investment

Lumpsum: ₹ 1000

SIP: ₹500

Launch Date

08-Aug-2022

Expense Ratio

0.7%

Exit Load

Nil

Benchmark

CRISIL Dynamic Gilt Index

Standard Deviation

N/A

History

Performance & Ratios

1-Year SIP Return

11.64%

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 12.4% N/A N/A N/A
Category Average 11.66% 7.81% 6.19% N/A
Rank Within Category 14 N/A N/A N/A

Holdings (6)

Company Sector Instrument Assets
GOI Sovereign GOI Sec 29.7%
GOI Sovereign GOI Sec 24.48%
GOI Sovereign GOI Sec 23.75%
GOI Sovereign GOI Sec 7.87%
GOI Sovereign GOI Sec 4.06%
GOI Sovereign GOI Sec 4.0%

Holdings Analysis

Peer Comparison

Peer Comparison

Fund Name AUM (₹ Cr) 1Y Return (%) 3Y Return (%) Expense Ratio (%) Rating
SBI Magnum Gilt Fund Direct Growth 11489.36 12.59 9.12 0.46 N/A
ICICI Prudential Gilt Fund Direct Plan Growth 7132.6 11.89 9.01 0.56 N/A
Tata Gilt Securities Fund Direct Growth 1003.0 12.16 8.95 0.29 N/A
Baroda BNP Paribas Gilt Fund Direct Growth 1626.6 12.72 8.69 0.14 N/A
Quant Gilt Fund Direct Growth 124.84 10.18 N/A 0.52 N/A

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

2009-12-30T00:00:00.185Z

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

Gilt

Sub Type Info

Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.

Tax Impact

Returns are taxed as per your Income Tax slab.

Stamp Duty

0.005% (from July 1st, 2020)

Fund Manager Details

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Union Gilt Fund Direct Growth

Union Mutual Fund

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Frequently Asked Questions

How is the overall rating calculated?

The overall rating for Union Gilt 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 Gilt Fund Direct Growth?

The top stocks held by Union Gilt Fund Direct Growth include GOI, GOI, GOI.

Which industries does Union Gilt Fund Direct Growth invest in?

Union Gilt Fund Direct Growth primarily invests in the following industries: Sovereign.

Who are the fund managers of Union Gilt Fund Direct Growth?

The fund managers of Union Gilt Fund Direct Growth are Parijat Agrawal and Anindya Sarkar.

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

Parijat Agrawal: Calculating...
Anindya Sarkar: Calculating...

What is the minimum investment for Union Gilt Fund Direct Growth?

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

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

Calculating...

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

Calculating...

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

The expense ratio of Union Gilt Fund Direct Growth is 0.7%. The average expense ratio for similar funds in the Debt is Calculating....