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Unrated

Union Liquid - Unclaimed


Debt: Liquid

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -- -- -- -- -- -- -- -- -- -- --

As on

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Liquid - Unclaimed
Unrated
Jan-18 -- -- -- 0.43 545
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.53 6.61 6.95 0.32 57,566
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.59 6.67 7.00 0.30 43,090
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.55 6.67 6.99 0.27 31,728
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.54 6.66 6.99 0.22 27,032

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.67 (24-Mar-2020 - 31-Mar-2020) -3.27 (13-Sep-2018 - 20-Sep-2018)
Month 1.05 (24-Mar-2020 - 23-Apr-2020) -2.87 (04-Sep-2018 - 04-Oct-2018)
Quarter 1.75 (25-May-2018 - 24-Aug-2018) -1.78 (03-Sep-2018 - 03-Dec-2018)
Year 6.64 (18-Sep-2018 - 18-Sep-2019) 3.05 (13-Sep-2018 - 13-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --

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

As on

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 20 12 28
Modified Duration (yrs) 0.10 0.13 0.05 --
Average Maturity (yrs) 0.11 0.13 0.06 --
Yield to Maturity (%) 3.82 6.78 3.82 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 10.97 10.97
equal National Bank Agr. Rur. Devp 16/07/2020 Commercial Paper A1+ 0.00 - 9.17 9.17
equal Reliance Jio Infocomm 91-D 20/07/2020 Commercial Paper A1+ 0.00 - 9.23 9.17
equal LIC Housing Fin. 356-D 20/08/2020 Commercial Paper A1+ 0.00 - 9.14 9.14
new Alembic Pharmaceuticals 90-D 09/09/2020 Commercial Paper A1+ 0.00 - 9.11 9.11
equal SIDBI 182-D 16/07/2020 Commercial Paper A1+ 0.00 - 4.59 4.59
equal Axis Bank 24/07/2020 Certificate of Deposit A1+ 0.00 - 4.58 4.58
equal Reliance Industries 86-D 30/07/2020 Commercial Paper A1+ 0.00 - 4.58 4.58
equal Reserve Bank of India 91-D 30/07/2020 Treasury Bills SOV 0.00 - 4.58 4.58
equal Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 4.57 4.57
equal ICICI Bank 13/08/2020 Certificate of Deposit A1+ 0.00 - 4.57 4.57
new ICICI Bank 21/08/2020 Certificate of Deposit A1+ 0.00 - 4.57 4.57

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 30-Jun-2020

*As on 31-May-2020

Fund Manager

— Devesh Thacker since 19-Jan-2018

Education: Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.

Experience: Prior to joining Union AMC in 2011 he has worked with Sahara AMC.

Funds Managed:


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Change from previous, NAV as on 09-Jul-2020

Unclaimed Redemption Upto 3 yrs: ₹ 1,121.1805

Unclaimed Redemption Above 3 yrs: ₹ 1,000.0000

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Unclaimed Dividend Upto 3 yrs: ₹ 1,121.3920

Unclaimed Dividend Above 3 yrs: ₹ 1,000.0000


Investment Strategy

The scheme seeks to provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities.

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
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Union Mutual Fund
Launch Date: 19-Jan-2018
Return Since Launch: --
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 545 Cr (As on 30-Jun-2020)
Expense: 0.43% (As on 31-Mar-2020)
Risk Grade: --
Return Grade: --

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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