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4 star

Union Flexi Cap Fund - Direct Plan


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.87 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.64 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 33.90 -1.50 -0.31 -4.23 -0.75 15.59 41.10 23.22 17.90 11.45 --
S&P BSE 500 TRI 28.27 -1.60 -0.29 -4.97 -1.24 9.59 34.46 19.56 17.37 12.66 --
Equity: Flexi Cap 29.74 -1.59 -0.33 -4.22 -0.42 12.08 35.63 19.99 17.04 12.98 --
Rank within category 17 16 33 28 31 9 15 7 14 23 --
Number of funds in category 55 64 63 63 63 59 55 42 35 31 1

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Flexi Cap Fund - Direct Plan
4 star
Jan-13 41.10 23.22 17.90 1.66% 816
UTI Flexi Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 39.80 26.23 21.18 1.02% 24,212
SBI Focused Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 47.74 26.66 21.46 0.69% 21,677
Axis Focused 25 Fund - Direct Plan
4 star
Jan-13 30.76 22.28 21.23 0.59% 20,404
Parag Parikh Flexi Cap Fund - Direct Plan  | Invest Online
5 star
May-13 45.82 29.97 23.32 0.83% 17,220

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.23 01-Apr-2020 - 09-Apr-2020 -17.96 16-Mar-2020 - 23-Mar-2020
Month 21.41 23-Mar-2020 - 22-Apr-2020 -35.22 20-Feb-2020 - 23-Mar-2020
Quarter 34.25 23-Mar-2020 - 22-Jun-2020 -33.35 23-Dec-2019 - 23-Mar-2020
Year 95.81 23-Mar-2020 - 23-Mar-2021 -27.51 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 22.65 20.77 0.91 1.02 0.93 3.93
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: Flexi Cap 20.06 21.00 0.78 0.85 0.93 1.46
Rank within category 7 19 10 10 22 10
Number of funds in category 43 43 43 43 43 43

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) 42.48
Top 5 Stocks (%) 26.04
Top 3 Sectors (%) 48.08
Portfolio P/B Ratio 4.90
Portfolio P/E Ratio 34.81

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,71,099 1,51,972
Giant (%) 52.99 52.99
Large (%) 23.12 17.99
Mid (%) 20.73 22.49
Small (%) 3.15 6.95
Tiny (%) -- 0.08

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 24.37 9.75 6.59 6.59
equal Reliance Industries Energy 30.58 9.25 3.45 6.35
equal ICICI Bank Financial 23.22 6.68 2.99 4.95
equal Infosys Technology 34.10 6.22 2.95 4.38
equal Muthoot Finance Financial 14.70 4.39 0.00 3.77
equal Avenue Supermarts Services 216.70 3.74 0.00 3.74
equal State Bank of India Financial 14.49 3.44 0.00 3.44
up Tata Consultancy Services Technology 35.74 5.95 1.60 3.10
up Ultratech Cement Construction 32.67 3.10 0.00 3.10
equal HDFC Financial 23.99 6.88 0.00 3.06
equal Bajaj Finance Financial 84.36 3.66 0.90 3.02
equal L&T Infotech Technology 54.43 2.78 0.00 2.78
up Divi's Laboratories Healthcare 57.72 2.46 0.00 2.46
equal Bharti Airtel Communication 135.36 4.69 0.70 2.19
equal United Spirits FMCG 75.81 1.77 0.00 1.77
up Piramal Enterprises Healthcare 51.33 1.64 0.00 1.64
equal Interglobe Aviation Services -- 1.61 0.00 1.61
equal Titan Company Consumer Durable 118.59 1.65 0.00 1.60
equal Tube Investments Of India Automobile 58.36 2.20 0.00 1.52
equal Gland Pharma Healthcare 52.23 1.96 0.00 1.46
equal PI Industries Chemicals 54.69 1.96 0.00 1.42
equal ABB India Ltd. Engineering 108.17 1.70 0.00 1.42
equal Tata Power Company Energy 48.56 1.34 0.00 1.34
equal Varun Beverages FMCG 58.45 1.64 0.00 1.25
equal Persistent Systems Technology 56.64 1.15 0.00 1.09

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Vinay Paharia since 03-Apr-2018

Education: Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.

Experience: Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).

Interviews:

Funds Managed:

— Hardick Bora since 06-Jan-2021

Education: Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.

Experience: He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.

Funds Managed:


-1.50%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 35.5100

IDCW: ₹ 31.0200


Investment Strategy

The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.07%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 816 Cr (As on 31-Oct-2021)
Expense: 1.66% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 43.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW05-Feb-20190.7969

 22-Mar-20181.5000

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

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

Phone: 022-67483300 / 1800-200-2268

Fax: 022-67483400/3401/3402

Email: [email protected]

Website: http://www.unionmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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