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Unrated

Union Medium Duration Fund - Regular Plan


Suitability:

Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 -1.50 0.13 -0.29 -1.11 -1.06 -- -- -- -- -- --
VR Bond -0.83 -0.04 -0.22 -0.98 -0.31 -- -- -- -- -- --
Debt: Medium Duration -0.63 0.01 -0.16 -0.54 -0.19 -- -- -- -- -- --
Rank within category 22 1 19 19 22 -- -- -- -- -- --
Number of funds in category 22 22 22 22 22 20 18 14 14 9 7

As on 25-Feb-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Medium Duration Fund - Regular Plan
Unrated
Sep-20 -- -- -- 1.03 390
SBI Magnum Medium Duration Fund  | Invest Online
5 star
Nov-03 8.68 9.34 9.85 1.31 7,629
ICICI Prudential Medium Term Bond Fund  | Invest Now
4 star
Sep-04 7.55 8.02 8.22 1.50 6,365
IDFC Bond Fund Medium Term Plan - Regular Plan
4 star
Jul-03 6.72 8.08 7.87 1.44 4,908
HDFC Medium Term Debt Fund  | Invest Online
4 star
Feb-02 6.78 7.95 8.26 1.29 2,906

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.77 08-Oct-2020 - 15-Oct-2020 -1.10 29-Jan-2021 - 05-Feb-2021
Month 1.41 25-Sep-2020 - 26-Oct-2020 -1.96 08-Jan-2021 - 09-Feb-2021
Quarter 2.81 08-Oct-2020 - 07-Jan-2021 -0.55 19-Nov-2020 - 18-Feb-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 7.12 2.02 1.21 2.04 -- --
Debt: Medium Duration* 5.28 4.58 0.57 1.07 0.59 -0.83
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-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 15 15 7 38
Modified Duration (yrs) 3.55 3.75 1.48 --
Average Maturity (yrs) 4.27 4.51 1.77 --
Yield to Maturity (%) 5.40 5.40 4.42 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.43% HDFC 29/09/2025 Debenture AAA 6.07 - 9.13 9.13
equal 6.24% State Bank of India 21/09/2030 Non Convertible Debenture AAA 0.00 - 9.08 9.08
down 6.50% Power Finance Corp. 17/09/2025 Non Convertible Debenture AAA 6.09 - 9.07 7.85
equal 7.83% IRFC 21/03/2027 Bonds AAA 0.00 - 6.98 6.98
equal 7.50% NHPC 2025 Non Convertible Debenture AAA 0.00 - 6.97 6.97
equal 6.85% Power Grid Corporation 15/04/2025 Non Convertible Debenture AAA 0.00 - 6.74 6.74
equal 5.85% Export-Import Bank 2025 Debenture AAA 5.97 - 6.51 6.51
new 5.47% National Bank Agr. Rur. Devp 2025 Debenture AAA 0.00 - 6.42 6.42
new 5.94% REC 31/01/2026 Non Convertible Debenture AAA 0.00 - 6.38 6.38
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 6.38 6.38
new 4.57% Ultratech Cement 29/12/2023 Debenture AAA 0.00 - 6.35 6.35
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 5.54 5.54
equal 5.22% GOI 15/06/2025 GOI Securities SOV 2.41 - 12.97 3.85
down 5.45% NTPC 15/10/2025 Debenture AAA 0.00 - 6.31 3.84
equal Reserve Bank of India 364-D 30/03/2021 Treasury Bills SOV 0.00 - 0.17 0.17

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-2021

Fund Manager

— Parijat Agrawal since 24-Aug-2020

Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.

Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.

Funds Managed:


0.13%

Change from previous, NAV as on 25-Feb-2021

Growth: ₹ 10.1201

Dividend: ₹ 10.1201


Investment Strategy

The scheme seeks to generate income and capital appreciation by investing in Fixed Income Securities and Money Market Instruments.

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 (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 14-Sep-2020
Return Since Launch: 1.20%
Benchmark: CRISIL Medium Term Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 390 Cr (As on 31-Jan-2021)
Expense: 1.03% (As on 31-Jan-2021)
Risk Grade: --
Return Grade: --

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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dateFriday, 26-Feb-2021
time12:30 PM - 01:00 PM