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Unrated

Union Hybrid Equity Fund - Regular Plan


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.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for all equity-linked investments, 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 aggressive hybrid 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 1.58 -0.97 -0.68 -- -- -- -- -- -- -- --
VR Balanced TRI 2.41 -1.29 -0.35 -- -- -- -- -- -- -- --
Hybrid: Aggressive Hybrid 2.01 -0.98 -0.86 -- -- -- -- -- -- -- --
Rank within category 32 21 23 -- -- -- -- -- -- -- --
Number of funds in category 45 45 45 44 44 43 43 32 26 24 21

As on 22-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Hybrid Equity Fund - Regular Plan
Unrated
Dec-20 -- -- -- 2.55 454
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 14.16 8.63 12.64 1.70 35,655
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 17.73 8.90 13.61 1.87 6,194
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
5 star
Jul-15 16.89 8.97 14.07 1.86 4,379
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 20.69 10.82 14.00 1.97 4,170

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.37 (01-Jan-2021 - 08-Jan-2021) -1.64 (11-Jan-2021 - 18-Jan-2021)
Month -- ( - ) -- ( - )
Quarter -- ( - ) -- ( - )
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 11.89 18.30 0.39 0.46 -- --
Hybrid: Aggressive Hybrid* 7.45 17.49 0.16 0.18 0.91 -3.79
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-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Holdings (%) 48.81
Top 5 Holdings (%) 29.99
Top 3 Sectors (%) 40.75
Portfolio P/B Ratio 3.43
Portfolio P/E Ratio 31.33
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 5.75 - 5.75 5.75
new 5.32% National Housing Bank 2023 Non Convertible Debenture AAA 5.62 - 5.62 5.62
new 5.69% REC 30/09/2023 Non Convertible Debenture AAA 5.62 - 5.62 5.62
new SIDBI Debenture AAA 5.51 - 5.51 5.51

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
new HDFC Bank Financial 25.92 7.10 7.10 7.10
new Reliance Industries Energy 32.81 5.90 5.90 5.90
new HDFC Financial 28.84 4.02 4.02 4.02
new Infosys Technology 30.70 3.98 3.98 3.98
new ICICI Bank Financial 26.46 3.20 3.20 3.20
new Avenue Supermarts Services 194.36 2.11 2.11 2.11
new Axis Bank Financial 55.59 2.06 2.06 2.06
new Maruti Suzuki India Automobile 59.83 1.77 1.77 1.77
new L&T Infotech Technology 37.75 1.71 1.71 1.71
new Larsen & Toubro Construction 16.83 1.58 1.58 1.58
new State Bank of India Financial 10.79 1.57 1.57 1.57
new Bharti Airtel Communication -- 1.39 1.39 1.39
new Kotak Mahindra Bank Financial 40.07 1.37 1.37 1.37
new SBI Life Insurance Company Financial 59.26 1.28 1.28 1.28
new Asian Paints Chemicals 90.61 1.20 1.20 1.20
new Varun Beverages FMCG 90.24 1.20 1.20 1.20
new Ultratech Cement Construction 26.67 1.18 1.18 1.18
new BPCL Energy 20.33 1.18 1.18 1.18
new ITC FMCG 18.91 1.17 1.17 1.17
new NTPC Energy 14.58 0.99 0.99 0.99
new PI Industries Chemicals 54.96 0.98 0.98 0.98
new Bajaj Finance Financial 74.44 0.98 0.98 0.98
new Mphasis Technology 23.88 0.80 0.80 0.80
new Honeywell Automation Engineering 76.37 0.80 0.80 0.80
new Titan Company Cons Durable 187.67 0.80 0.80 0.80

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-2020

Fund Manager

— Parijat Agrawal since 27-Nov-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:

— Vinay Paharia since 27-Nov-2020

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 27-Nov-2020

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:


-0.97%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 10.2600

Dividend: ₹ 10.2600


Investment Strategy

The scheme seeks to achieve long term capital growth and generate income from a portfolio, predominantly of equity and equity related securities. The scheme will also invest in debt & 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 (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 18-Dec-2020
Return Since Launch: 2.60%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 454 Cr (As on 31-Dec-2020)
Expense: 2.55% (As on 31-Dec-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

Upcoming Video

Investors' Hangout

Understanding the new risk-o-meter

dateFriday, 29-Jan-2021
time12:30 PM - 01:00 PM