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4 star

Union Equity Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 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 9.35 0.52 0.44 -0.80 0.97 4.95 11.15 -- -- -- --
VR MIP TRI 9.71 -0.66 -0.27 -1.75 -0.33 4.63 11.87 -- -- -- --
Hybrid: Equity Savings 13.62 0.61 0.63 -0.78 1.39 6.17 15.56 -- -- -- --
Rank within category 22 18 18 12 17 18 21 -- -- -- --
Number of funds in category 23 23 23 23 23 23 23 18 13 4 0

As on 08-Dec-2021

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
4 star
Aug-18 11.15 -- -- 1.46% 177
HDFC Equity Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 21.08 11.95 10.83 1.26% 2,516
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 13.90 11.18 10.34 1.20% 1,626
Axis Equity Saver Fund - Direct Plan
4 star
Aug-15 17.37 12.76 11.76 0.92% 1,053
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
3 star
Dec-14 11.10 9.20 8.23 0.43% 4,506

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 31.60 23-Mar-2020 - 23-Mar-2021 -7.88 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.69 7.34 0.80 0.94 1.04 -0.58
VR MIP TRI 10.03 6.79 0.92 1.13 -- --
Hybrid: Equity Savings 10.38 9.23 0.75 0.82 1.26 -1.25
Rank within category 16 3 9 6 3 9
Number of funds in category 19 19 19 19 19 19

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 81
Number of Bonds 8
Average Maturity (yrs) 1.82
Top 10 Holdings (%) 33.23
Portfolio P/B Ratio 3.02
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
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 6.94 - 7.33 6.94
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 4.83 4.78
equal 5.22% GOI 15/06/2025 GOI Securities SOV 1.44 - 3.71 3.65
equal Union Liquid Direct Mutual Fund -- 3.46 - 3.61 3.52
equal 5.24% SIDBI 26/03/2024 Debenture AAA 0.00 - 2.90 2.84
new Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 1.41 1.41
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 1.45 1.40
new Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 0.07 0.07
equal 5.50% Britannia Inds. 2024 Non Convertible Debenture AAA 0.00 - 0.00 0.00

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
equal ICICI Bank Financial 24.64 3.90 1.06 2.76
equal Reliance Industries Energy 31.28 7.25 2.40 2.40
equal HDFC Bank Financial 25.15 5.83 1.73 2.20
up Tata Consultancy Services Technology 36.67 4.09 1.12 2.07
equal Tata Steel Metals 4.60 2.54 0.00 2.07
equal HDFC Financial 24.79 5.51 1.32 2.03
equal Grasim Industries Construction 18.47 1.99 0.00 1.99
up Kotak Mahindra Bank Financial 38.17 1.99 0.24 1.94
equal The Federal Bank Financial 10.66 2.49 0.00 1.93
equal State Bank of India Financial 15.31 2.31 0.14 1.80
equal Hindalco Inds. Metals 10.27 1.82 0.00 1.70
down Infosys Technology 35.29 4.89 1.56 1.56
equal Ultratech Cement Construction 33.55 1.62 0.00 1.49
up Larsen & Toubro Construction 29.27 2.53 0.75 1.43
equal Vedanta Metals 6.84 1.85 0.00 1.28
equal Dabur India FMCG 56.09 1.36 0.00 1.28
equal Axis Bank Financial 21.37 2.61 0.77 1.22
equal Avenue Supermarts Services 227.10 1.10 0.00 1.10
equal Torrent Pharmaceuticals Healthcare 41.88 1.28 0.31 1.07
equal Bharti Airtel Communication 138.86 2.97 0.18 0.99
up Wipro Technology 29.04 0.96 0.00 0.96
new PVR Services -- 0.93 0.00 0.93
equal Havells India Engineering 74.46 1.02 0.00 0.93
equal JSW Steel Metals 8.16 1.02 0.00 0.92
equal Bank of Baroda Financial 12.52 0.90 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 31-Oct-2021

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:


0.52%

Change from previous, NAV as on 08-Dec-2021

Growth: ₹ 13.5600

IDCW: ₹ 13.5600


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
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 09-Aug-2018
Return Since Launch: 11.04%
Benchmark: CRISIL Equity Saving
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 177 Cr (As on 31-Oct-2021)
Expense: 1.46% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Below Average
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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Time12:30 PM - 01:00 PM

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