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Unrated

Union Equity Savings Fund - Regular Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, 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 0.55 0.45 1.10 3.36 7.90 0.36 4.54 -- -- -- --
VR MIP TRI -0.05 0.30 0.95 2.79 7.54 -0.34 3.19 -- -- -- --
Hybrid: Equity Savings -2.17 0.34 1.08 3.21 7.61 -2.53 0.56 -- -- -- --
Rank within category 5 5 9 10 9 4 2 -- -- -- --
Number of funds in category 23 23 23 23 23 23 22 14 8 0 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Equity Savings Fund - Regular Plan
Unrated
Aug-18 4.54 -- -- 2.09 177
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 4.08 5.74 6.68 2.16 1,395
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 0.43 4.56 6.73 1.36 1,157
Axis Equity Saver Fund - Regular Plan  | Invest Online
4 star
Aug-15 1.63 5.16 -- 2.35 688
HDFC Equity Savings Fund  | Invest Online
3 star
Sep-04 -2.47 2.47 6.65 2.04 3,141

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.18 (24-Mar-2020 - 31-Mar-2020) -6.78 (16-Mar-2020 - 23-Mar-2020)
Month 8.64 (23-Mar-2020 - 22-Apr-2020) -14.27 (20-Feb-2020 - 23-Mar-2020)
Quarter 14.23 (23-Mar-2020 - 22-Jun-2020) -14.04 (23-Dec-2019 - 23-Mar-2020)
Year 8.95 (19-Feb-2019 - 19-Feb-2020) -8.40 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 6.06 6.50 0.12 0.13 -- --
Hybrid: Equity Savings* 2.94 9.00 -0.24 -0.23 1.29 -3.35
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Number of Bonds 8
Average Maturity (yrs) * 0.42
Top 10 Holdings (%) 41.65
Portfolio P/B Ratio 2.31
Portfolio P/E Ratio 19.68

Value Research Equity Fund Style

Value Research Debt Fund Style*

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.40% SIDBI 2021 Debenture AAA 4.06 - 6.10 5.90
equal 7.20% HDFC 2020 Debenture AAA 3.95 - 5.94 5.68
equal 6.98% National Bank Agr. Rur. Devp 30/09/2020 Debenture AAA 2.19 - 4.22 2.85
equal ICICI Bank 271-D Term Deposits -- 0.00 - 2.96 2.82
equal HDFC Bank 96-D Term Deposits -- 0.00 - 2.26 2.24
new Federal Bank 183-D Term Deposits -- 0.00 - 1.12 1.12
equal HDFC Bank 187-D Term Deposits -- 0.00 - 1.18 1.12
equal Reserve Bank of India 182-D 13/08/2020 Treasury Bills SOV 0.00 - 0.58 0.56

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Reliance Industries Energy 31.35 7.25 1.01 7.25
down HDFC Bank Financial 22.68 5.83 1.04 4.31
down HDFC Financial 15.72 5.51 0.92 3.85
up ICICI Bank Financial 25.08 3.90 1.06 3.44
down Tata Consultancy Services Technology 25.58 4.09 0.79 2.93
down Bharti Airtel Communication -- 2.93 0.18 2.62
down Infosys Technology 20.06 4.89 1.80 2.42
down Hindustan Unilever FMCG 75.69 3.67 0.00 2.05
down Nestle India FMCG 79.53 2.62 0.20 1.75
equal Adani Ports and Special Economic Zone Services 18.52 1.70 0.00 1.70
down ACC Construction 18.35 1.47 0.00 1.47
down ITC FMCG 15.70 3.08 0.71 1.46
new Federal Bank Financial 7.00 1.37 0.00 1.37
down Maruti Suzuki India Automobile 31.95 1.39 0.69 1.34
up Mahindra & Mahindra Automobile 548.57 1.41 0.00 1.33
equal Jindal Steel & Power Metals -- 4.76 0.68 1.28
up Sun Pharmaceutical Inds. Healthcare 30.72 3.12 0.84 1.23
up Torrent Pharmaceuticals Healthcare 39.02 1.17 0.20 1.17
down Kotak Mahindra Bank Financial 31.51 1.99 0.24 1.12
up NMDC Metals 7.34 1.11 0.00 1.08
up Titan Company Cons Durable 58.63 6.33 0.00 1.07
down Larsen & Toubro Construction 13.89 2.15 0.42 1.07
up Lupin Healthcare -- 1.05 0.00 1.05
down BPCL Energy 26.74 1.53 0.00 1.02
down United Spirits FMCG 68.96 1.10 0.00 0.90

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

— Vinay Paharia since 19-Jul-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 28-Jul-2018

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:

— Parijat Agrawal since 28-Jul-2018

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.

Funds Managed:


0.45%

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

Growth: ₹ 11.0600

Dividend: ₹ 11.0600


Investment Strategy

The scheme seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments, arbitrage and derivative strategies and exposure in debt and money market instruments.

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 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 09-Aug-2018
Return Since Launch: 5.77%
Benchmark: CRISIL Short Term Debt Hybrid 75+25 Fund
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 177 Cr (As on 30-Jun-2020)
Expense: 2.09% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: --

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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