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Unrated

Union Equity Savings Fund - Direct Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

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 2.79 0.09 1.33 2.06 8.97 2.42 7.49 -- -- -- --
VR MIP TRI 1.58 0.11 1.04 1.67 7.58 1.09 5.55 -- -- -- --
Hybrid: Equity Savings 0.59 0.36 1.54 2.39 9.45 -0.52 5.23 -- -- -- --
Rank within category 5 23 19 18 13 4 7 -- -- -- --
Number of funds in category 23 23 23 23 23 23 23 14 8 0 0

As on 10-Aug-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 - Direct Plan
Unrated
Aug-18 7.49 -- -- 1.47 180
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 7.88 6.94 7.65 1.24 1,386
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
4 star
Dec-14 3.29 5.64 -- 0.70 1,141
Axis Equity Saver Fund - Direct Plan  | Invest Online
4 star
Aug-15 4.55 6.83 -- 1.02 701
HDFC Equity Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 2.22 4.06 7.97 1.27 3,071

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.22 (01-Apr-2020 - 09-Apr-2020) -6.71 (16-Mar-2020 - 23-Mar-2020)
Month 8.76 (23-Mar-2020 - 22-Apr-2020) -14.30 (20-Feb-2020 - 23-Mar-2020)
Quarter 14.39 (23-Mar-2020 - 22-Jun-2020) -13.99 (23-Dec-2019 - 23-Mar-2020)
Year 9.70 (19-Feb-2019 - 19-Feb-2020) -7.88 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 6.24 6.56 0.16 0.18 -- --
Hybrid: Equity Savings* 4.35 9.07 -0.07 -0.05 1.29 -2.18
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 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Number of Bonds 8
Average Maturity (yrs) * 0.35
Top 10 Holdings (%) 43.12
Portfolio P/B Ratio 2.43
Portfolio P/E Ratio 21.85

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
new 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 6.92 6.92
new 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 5.80 5.80
new 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 2.89 2.89
equal ICICI Bank 271-D Term Deposits -- 0.00 - 2.96 2.77
equal HDFC Bank 96-D Term Deposits -- 0.00 - 2.26 2.20
equal Federal Bank 183-D Term Deposits -- 0.00 - 1.12 1.10
equal HDFC Bank 187-D Term Deposits -- 0.00 - 1.18 1.10
equal Reserve Bank of India 182-D 13/08/2020 Treasury Bills SOV 0.00 - 0.58 0.55

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 33.97 7.25 1.01 7.00
up HDFC Bank Financial 20.60 5.83 1.04 4.31
down HDFC Financial 14.89 5.51 0.92 3.67
up Tata Consultancy Services Technology 27.40 4.09 0.79 3.43
down ICICI Bank Financial 23.40 3.90 1.06 3.20
up Bharti Airtel Communication -- 2.97 0.18 2.97
down Infosys Technology 23.72 4.89 1.80 2.93
down Hindustan Unilever FMCG 75.78 3.67 0.00 1.95
down Nestle India FMCG 77.37 2.62 0.20 1.62
equal ACC Construction 22.73 1.54 0.00 1.54
equal Adani Ports and Special Economic Zone Services 18.10 1.70 0.00 1.53
down Mahindra & Mahindra Automobile -- 1.51 0.00 1.51
equal Jindal Steel & Power Metals 333.52 4.76 0.68 1.44
equal Federal Bank Financial 6.70 1.42 0.00 1.42
down Maruti Suzuki India Automobile 49.74 1.39 0.69 1.33
down Sun Pharmaceutical Inds. Healthcare 180.14 3.12 0.84 1.33
down Torrent Pharmaceuticals Healthcare 43.03 1.26 0.20 1.26
down Titan Company Cons Durable 113.71 6.33 0.00 1.12
down ITC FMCG 17.33 3.08 0.71 1.09
equal NMDC Metals 7.99 1.11 0.00 1.09
down BPCL Energy 30.48 1.53 0.00 1.08
equal Lupin Healthcare -- 1.05 0.00 1.05
down Kotak Mahindra Bank Financial 31.72 1.99 0.24 1.04
equal Adani Enterprises Services 38.01 2.90 0.00 0.97
down Larsen & Toubro Construction 16.11 2.15 0.42 0.95

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-Jul-2020

*As on 30-Jun-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:


0.09%

Change from previous, NAV as on 10-Aug-2020

Growth: ₹ 11.4200

Dividend: ₹ 11.4200


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: 7.58%
Benchmark: CRISIL Short Term Debt Hybrid 75+25 Fund
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 180 Cr (As on 31-Jul-2020)
Expense: 1.47% (As on 31-Jul-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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