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Unrated

Union Focused Fund - Direct Plan


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 is a multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

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 multi cap 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.

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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 1.86 0.00 0.97 1.68 7.08 -- -- -- -- -- --
Equity: Multi Cap 2.53 0.15 1.54 3.07 7.50 -- -- -- -- -- --
Rank within category 50 47 55 55 34 -- -- -- -- -- --
Number of funds in category 59 59 59 59 58 54 49 41 37 33 1

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 7.77 (07-Oct-2019 - 07-Nov-2019) -1.78 (20-Aug-2019 - 19-Sep-2019)
Quarter 14.29 (19-Sep-2019 - 19-Dec-2019) 6.03 (26-Sep-2019 - 26-Dec-2019)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
Equity: Multi Cap* 13.37 13.40 0.57 0.84 0.95 -0.02
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-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 25
Top 10 Stocks (%) 61.99
Top 5 Stocks (%) 40.15
Top 3 Sectors (%) 68.04
Portfolio P/B Ratio 3.57
Portfolio P/E Ratio 25.58

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,02,799 1,06,667
Giant (%) 71.21 54.39
Large (%) 8.82 14.74
Mid (%) 19.97 23.70
Small (%) -- 8.67
Tiny (%) -- 0.21

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
equal HDFC Bank Financial 26.64 9.86 9.45 9.73
equal Reliance Industries Energy 23.10 9.42 7.93 8.95
equal Tata Consultancy Services Technology 25.67 7.62 6.93 7.42
equal HDFC Financial 34.95 7.29 6.31 7.29
equal ICICI Bank Financial 66.86 6.76 4.96 6.76
equal Infosys Technology 20.00 7.12 5.95 6.48
equal Larsen & Toubro Construction 19.36 5.77 5.04 5.10
equal Bajaj Finance Financial 51.56 3.67 0.00 3.67
equal Power Grid Corporation Energy 6.63 3.54 3.39 3.39
equal Kotak Mahindra Bank Financial 39.46 3.92 2.93 3.20
up Container Corp. Services 63.39 3.02 0.00 3.02
equal State Bank of India Financial 28.05 2.84 0.00 2.82
equal Tata Chemicals Chemicals 15.56 3.21 1.97 2.81
equal PI Industries Chemicals 43.66 2.74 2.08 2.72
equal Maruti Suzuki India Automobile 37.39 4.19 2.26 2.49
equal AU Small Finance Bank Financial 46.29 2.46 0.00 2.45
equal Abbott India Healthcare 50.86 2.33 1.58 2.33
equal The Ramco Cements Construction 30.80 2.28 2.04 2.18
equal NTPC Energy 10.22 2.14 2.04 2.12
down SBI Life Insurance Company Financial 81.43 2.99 2.06 2.06
up Bharti Airtel Communication -- 3.23 1.30 2.02
equal Varun Beverages FMCG 47.45 2.06 1.91 1.91
down Bandhan Bank Financial 25.33 3.75 0.00 1.70
equal Syngene International Healthcare 32.14 1.68 1.55 1.66
new United Spirits FMCG 57.11 3.61 0.00 1.28

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-Dec-2019

Fund Manager

— Vinay Paharia since 15-Jul-2019

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:


0.00

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 11.4900

Dividend: ₹ 11.4900


Investment Strategy

The scheme seek to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps.

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 (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 05-Aug-2019
Return Since Launch: 14.90%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 196 Cr (As on 31-Dec-2019)
Expense: 1.50% (As on 30-Nov-2019)
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

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM