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Unrated

Union Value Discovery Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.61 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.48 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 fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.

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

Warning: Do not invest in this, or any other value-oriented 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 6.72 0.60 -1.75 -3.16 1.58 26.55 60.60 -- -- -- --
S&P BSE 100 TRI 5.31 0.35 -1.61 -1.87 1.74 25.98 63.83 -- -- -- --
Equity: Value Oriented 9.44 0.61 -1.96 -2.02 4.25 31.04 67.27 -- -- -- --
Rank within category 14 9 5 13 14 13 13 -- -- -- --
Number of funds in category 18 18 18 18 18 17 17 14 14 13 13

As on 16-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Value Discovery Fund - Regular Plan
Unrated
Dec-18 60.60 -- -- 2.54 116
ICICI Prudential Value Discovery Fund  | Invest Now
4 star
Aug-04 66.30 11.04 11.97 1.81 17,799
Invesco India Contra Fund  | Invest Online
4 star
Apr-07 59.11 9.40 15.36 1.85 6,477
UTI Value Opportunities Fund - Regular Plan  | Invest Online
4 star
Jul-05 62.78 11.46 13.16 2.17 5,515
Tata Equity PE Fund - Regular Plan  | Invest Online
4 star
Jun-04 54.74 5.23 13.99 1.96 4,550

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.43 01-Apr-2020 - 09-Apr-2020 -16.99 11-Mar-2020 - 18-Mar-2020
Month 23.48 23-Mar-2020 - 22-Apr-2020 -35.63 20-Feb-2020 - 23-Mar-2020
Quarter 39.42 23-Mar-2020 - 22-Jun-2020 -35.99 23-Dec-2019 - 23-Mar-2020
Year 100.00 23-Mar-2020 - 23-Mar-2021 -34.47 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 15.42 22.05 0.50 0.59 -- --
Equity: Value Oriented* 11.32 23.97 0.29 0.33 1.04 -4.59
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-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 39
Top 10 Stocks (%) 49.51
Top 5 Stocks (%) 29.72
Top 3 Sectors (%) 56.24
Portfolio P/B Ratio 2.52
Portfolio P/E Ratio 19.83

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,39,924 99,190
Giant (%) 58.70 43.95
Large (%) 18.81 19.58
Mid (%) 14.63 25.20
Small (%) 7.86 11.19
Tiny (%) -- 0.38

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
down HDFC Bank Financial 24.45 8.84 3.51 7.46
down Infosys Technology 30.00 8.15 3.78 7.06
equal ICICI Bank Financial 26.24 8.11 4.41 6.05
equal Larsen & Toubro Construction 16.03 4.99 3.63 4.92
equal ITC FMCG 19.08 6.49 3.31 4.23
down Bharti Airtel Communication -- 5.96 1.35 4.03
up BPCL Energy 22.06 4.27 0.00 4.01
equal State Bank of India Financial 12.75 6.88 0.00 3.99
down Reliance Industries Energy 30.45 9.15 0.00 3.95
equal Axis Bank Financial 66.36 4.49 2.96 3.81
down HDFC Financial 25.70 6.10 0.00 3.46
equal Maruti Suzuki India Automobile 44.03 4.73 0.00 3.35
equal Mahindra & Mahindra Automobile -- 3.75 0.95 3.00
equal NTPC Energy 12.79 3.42 1.70 2.96
equal Hindalco Inds. Metals 36.51 2.54 0.00 2.46
equal Tata Chemicals Chemicals 2.80 3.64 1.03 2.28
equal Power Grid Corporation Energy 10.44 3.75 1.69 1.85
equal HCL Technologies Technology 20.47 3.23 1.46 1.73
equal Mphasis Technology 25.36 1.67 0.00 1.67
equal Alkem Laboratories Healthcare 21.41 1.63 0.00 1.63
new Piramal Enterprises Healthcare 186.01 1.45 0.00 1.45
equal Muthoot Finance Financial 12.69 1.74 0.00 1.43
equal Wipro Technology 23.96 2.17 0.00 1.40
equal Tech Mahindra Technology 23.35 1.46 0.93 1.39
equal Tata Motors DVR Automobile -- 1.68 0.46 1.37

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-Mar-2021

Fund Manager

— 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:

— Vinay Paharia since 14-Nov-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:


0.60%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 13.4900

IDCW: ₹ 13.4900


Investment Strategy

The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).

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: 05-Dec-2018
Return Since Launch: 13.50%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 116 Cr (As on 31-Mar-2021)
Expense: 2.54% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --
Turnover: 34.00%

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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