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Unrated

Union Large & Midcap Fund - Regular Plan


Equity: Large & MidCap

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 invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider multi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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 large & mid-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 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 -0.60 1.73 0.40 5.83 20.65 -3.57 -- -- -- -- --
S&P BSE Large Mid Cap TRI -7.64 1.67 -1.05 4.60 19.89 -6.78 -- -- -- -- --
Equity: Large & MidCap -7.13 1.25 0.64 4.30 17.09 -8.96 -- -- -- -- --
Rank within category 2 1 12 1 1 2 -- -- -- -- --
Number of funds in category 20 21 21 21 21 21 19 15 15 13 13

As on 04-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Large & Midcap Fund - Regular Plan
Unrated
Dec-19 -- -- -- 2.49 198
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 8.43 5.16 11.43 1.76 9,834
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
Mar-05 9.35 2.70 7.86 1.97 5,162
DSP Equity Opportunities Fund  | Invest Online
4 star
May-00 3.86 1.02 6.75 1.98 4,733
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 6.63 2.37 6.72 2.07 3,298

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.43 (01-Apr-2020 - 09-Apr-2020) -18.38 (16-Mar-2020 - 23-Mar-2020)
Month 20.03 (23-Mar-2020 - 22-Apr-2020) -35.71 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.80 (23-Mar-2020 - 22-Jun-2020) -32.28 (23-Dec-2019 - 23-Mar-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Large Mid Cap TRI* 5.37 21.28 0.01 0.01 -- --
Equity: Large & MidCap* 2.50 22.21 -0.12 -0.13 1.00 -3.07
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-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Stocks (%) 46.43
Top 5 Stocks (%) 30.96
Top 3 Sectors (%) 47.44
Portfolio P/B Ratio 3.32
Portfolio P/E Ratio 20.81

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 91,310 63,708
Giant (%) 49.50 41.92
Large (%) 10.51 14.31
Mid (%) 39.99 40.91
Small (%) -- 4.68
Tiny (%) -- 0.09

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 Reliance Industries Energy 34.24 8.58 6.79 8.58
equal HDFC Bank Financial 20.09 8.94 8.08 8.58
equal HDFC Financial 14.06 6.08 0.00 5.51
equal Tata Consultancy Services Technology 27.04 5.31 4.21 4.79
equal PI Industries Chemicals 60.86 4.33 2.87 3.50
equal Bharti Airtel Communication -- 3.57 1.51 3.36
equal Infosys Technology 23.76 4.02 3.23 3.23
equal ICICI Bank Financial 22.35 4.77 3.16 3.16
equal Varun Beverages FMCG 42.75 3.19 2.48 2.92
equal Ipca Laboratories Healthcare 41.41 2.80 0.00 2.80
equal Endurance Technologies Automobile 23.04 2.38 0.00 2.38
equal Indraprastha Gas Energy 21.77 2.81 1.48 2.20
equal Container Corp. Services 68.62 2.96 0.78 2.19
equal Bajaj Finance Financial 38.76 2.57 0.77 2.04
equal The Ramco Cements Construction 26.78 3.32 1.28 1.99
equal Larsen & Toubro Construction 15.48 2.34 1.73 1.73
equal City Union Bank Financial 18.11 3.46 1.72 1.72
up Aditya Birla Fashion and Retail Services -- 1.75 0.96 1.72
equal Syngene International Healthcare 47.18 1.68 1.06 1.68
equal Hindustan Unilever FMCG 75.34 2.87 1.64 1.64
equal Maruti Suzuki India Automobile 47.65 1.96 1.42 1.58
equal Solar Industries Chemicals 33.08 1.54 1.01 1.54
equal Bharat Electronics Engineering 14.65 1.58 1.17 1.53
equal Info Edge (India) Services -- 1.57 0.93 1.50
equal United Spirits FMCG 194.15 1.62 1.34 1.50

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-Jun-2020

Fund Manager

— Vinay Paharia since 15-Nov-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:

— Hardick Bora since 17-Dec-2019

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:


1.73%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 9.9900

Dividend: ₹ 9.9900


Investment Strategy

The scheme seeks to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies.

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 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 06-Dec-2019
Return Since Launch: -0.10%
Benchmark: S&P BSE 250 Large MidCap TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 198 Cr (As on 30-Jun-2020)
Expense: 2.49% (As on 30-Jun-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: 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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