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Unrated

Union Value Discovery Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.32 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 -0.28 -1.01 -1.29 2.78 2.78 24.19 3.83 -- -- -- --
S&P BSE 100 TRI -2.39 -1.32 -1.47 3.79 4.46 25.26 1.83 -- -- -- --
Equity: Value Oriented -2.16 -1.06 -1.09 2.57 6.32 25.85 1.44 -- -- -- --
Rank within category 4 6 10 8 16 12 5 -- -- -- --
Number of funds in category 17 17 17 17 17 17 17 14 14 13 13

As on 28-Oct-2020

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 3.83 -- -- 2.52 119
Invesco India Contra Fund  | Invest Online
5 star
Apr-07 6.27 4.50 10.06 2.04 4,967
Tata Equity PE Fund - Regular Plan  | Invest Online
4 star
Jun-04 1.31 -0.31 10.02 1.96 4,454
UTI Value Opportunities Fund - Regular Plan  | Invest Online
4 star
Jul-05 5.93 3.98 6.45 2.16 4,340
Kotak India EQ Contra Fund - Regular Plan  | Invest Online
4 star
Jul-05 1.00 4.39 9.00 2.44 810

Best & Worst Performance

Best (Period) Worst (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 12.93 (22-Aug-2019 - 21-Aug-2020) -34.47 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 7.35 21.09 0.11 0.12 -- --
Equity: Value Oriented* 1.98 22.66 -0.13 -0.15 1.03 -5.44
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-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 37
Top 10 Stocks (%) 53.95
Top 5 Stocks (%) 33.51
Top 3 Sectors (%) 58.40
Portfolio P/B Ratio 2.13
Portfolio P/E Ratio 16.56

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,31,947 80,763
Giant (%) 64.17 44.19
Large (%) 19.08 20.79
Mid (%) 10.03 24.80
Small (%) 6.72 10.12
Tiny (%) -- 0.31

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 22.22 8.84 3.51 8.04
equal Infosys Technology 25.52 7.71 3.78 7.71
equal Reliance Industries Energy 32.30 9.15 0.00 7.62
up ITC FMCG 14.06 6.49 3.31 5.19
up Bharti Airtel Communication -- 5.19 1.35 4.95
equal ICICI Bank Financial 27.02 8.11 4.41 4.95
down HDFC Financial 16.02 6.10 0.00 4.67
down Maruti Suzuki India Automobile 53.24 4.73 0.00 3.88
equal Larsen & Toubro Construction 11.64 4.71 3.63 3.68
equal BPCL Energy 21.51 4.27 0.00 3.26
up NTPC Energy 14.90 3.42 1.70 3.16
equal HCL Technologies Technology 18.43 3.13 1.46 3.13
equal Mahindra & Mahindra Automobile -- 3.75 0.95 3.07
equal Axis Bank Financial 42.99 4.49 2.96 3.05
up State Bank of India Financial 7.82 6.88 0.00 2.78
down Cipla Healthcare 37.41 3.14 1.25 2.24
down Ipca Laboratories Healthcare 31.74 2.71 0.00 2.03
equal Power Grid Corporation Energy 10.57 3.75 1.74 2.00
equal Sun Pharmaceutical Inds. Healthcare 152.58 3.11 1.75 1.76
equal Hindalco Inds. Metals 19.01 2.22 0.00 1.64
equal Muthoot Finance Financial 14.42 1.74 0.00 1.58
equal Mphasis Technology 20.52 1.53 0.00 1.53
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 1.40
equal Tech Mahindra Technology 19.51 1.31 0.93 1.31
equal Coforge Technology 31.10 1.22 0.00 1.22

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-Sep-2020

Fund Manager

— 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:


-1.01%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 10.7300

Dividend: ₹ 10.7300


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
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 05-Dec-2018
Return Since Launch: 3.78%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 119 Cr (As on 30-Sep-2020)
Expense: 2.52% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: 50.00%

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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