VR Logo

Unrated

Union Value Discovery Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.00 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.15 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 their true worth is.

Like 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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -7.73 -3.56 -7.56 -7.47 -7.39 1.93 0.40 -- -- -- --
S&P BSE 100 TRI -7.62 -3.72 -7.39 -6.46 -6.90 1.59 3.93 -- -- -- --
Equity: Value Oriented -5.39 -3.44 -7.01 -6.52 -5.27 2.62 1.02 -- -- -- --
Rank within category 13 11 15 13 13 11 10 -- -- -- --
Number of funds in category 17 17 17 17 17 17 17 14 13 13 1

As on 28-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.08 (19-Sep-2019 - 26-Sep-2019) -7.56 (20-Feb-2020 - 28-Feb-2020)
Month 9.97 (18-Feb-2019 - 20-Mar-2019) -8.98 (29-Jan-2020 - 28-Feb-2020)
Quarter 13.05 (22-Aug-2019 - 21-Nov-2019) -11.37 (04-Jun-2019 - 03-Sep-2019)
Year 12.22 (29-Jan-2019 - 29-Jan-2020) 0.40 (28-Feb-2019 - 28-Feb-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 12.53 12.25 0.56 0.89 -- --
Equity: Value Oriented* 9.07 13.56 0.26 0.38 0.98 -3.34
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-Jan-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 54.12
Top 5 Stocks (%) 35.15
Top 3 Sectors (%) 56.96
Portfolio P/B Ratio 2.18
Portfolio P/E Ratio 18.06

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,04,365 76,042
Giant (%) 62.82 45.50
Large (%) 13.01 15.13
Mid (%) 15.75 27.07
Small (%) 8.42 13.77
Tiny (%) -- 0.40

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 24.57 8.35 3.51 8.35
down ICICI Bank Financial 33.85 8.11 4.41 7.42
down Reliance Industries Energy 19.42 7.90 0.00 7.36
down State Bank of India Financial 23.02 6.87 3.41 6.56
down Infosys Technology 19.05 6.40 3.78 5.46
down Larsen & Toubro Construction 17.00 4.71 3.87 4.47
down Axis Bank Financial 41.06 4.49 3.43 4.05
down Tata Chemicals Chemicals 14.67 3.64 1.60 3.64
down ITC FMCG 16.21 5.71 3.57 3.57
down NTPC Energy 5.44 3.42 1.70 3.24
down Sun Pharmaceutical Inds. Healthcare 22.37 2.48 1.94 2.36
down Rites Construction 15.06 2.33 1.29 2.33
down Bharti Airtel Communication -- 3.41 1.35 2.24
down Maruti Suzuki India Automobile 30.70 3.37 0.00 2.22
down HCL Technologies Technology 13.89 2.10 1.46 2.10
down Hindalco Inds. Metals 8.21 2.22 0.00 1.95
down Avanti Feeds FMCG 19.27 1.93 0.89 1.93
down Bajaj Auto Automobile 15.88 2.81 1.74 1.74
down Power Grid Corporation Energy 6.12 3.75 1.74 1.74
new Indian Oil Corp. Energy 7.71 2.99 0.00 1.50
up JSW Energy Engineering 9.47 1.44 0.00 1.44
new HPCL Energy 11.15 1.43 0.00 1.43
down Multi Commodity Exchange India Financial 28.14 1.41 0.68 1.41
down Petronet LNG Energy 13.18 1.40 0.99 1.38
down Cipla Healthcare 19.41 1.66 1.25 1.34

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-Jan-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:


-3.56%

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

Growth: ₹ 10.0300

Dividend: ₹ 10.0300


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 365 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 05-Dec-2018
Return Since Launch: 0.24%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 130 Cr (As on 31-Jan-2020)
Expense: 1.74% (As on 31-Jan-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: 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

Upcoming Video

Investors' Hangout

Empowering women financially

dateFriday, 06-Mar-2020
time12:30 PM - 01:00 PM