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Unrated

Union Hybrid Equity Fund - Direct 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 26.61 -0.47 0.63 4.66 11.40 20.30 -- -- -- -- --
VR Balanced TRI 23.59 0.56 1.34 6.03 10.76 16.89 -- -- -- -- --
Hybrid: Aggressive Hybrid 26.56 -0.43 1.01 4.57 10.64 19.60 -- -- -- -- --
Rank within category 17 30 41 20 11 12 -- -- -- -- --
Number of funds in category 49 50 50 50 50 50 47 39 31 26 0

As on 17-Sep-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 - Direct Plan
Unrated
Dec-20 -- -- -- 1.30 518
ICICI Prudential Equity & Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 61.74 17.14 15.59 1.33 17,880
DSP Equity & Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 47.70 18.65 15.08 0.87 7,516
Canara Robeco Equity Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 42.63 18.96 16.14 0.68 6,493
Mirae Asset Hybrid Equity Fund - Direct Plan  | Invest Online
5 star
Jul-15 44.15 17.69 16.57 0.40 5,949

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.12 29-Jan-2021 - 05-Feb-2021 -3.37 21-Jan-2021 - 28-Jan-2021
Month 8.62 14-May-2021 - 15-Jun-2021 -3.33 12-Mar-2021 - 12-Apr-2021
Quarter 14.53 04-May-2021 - 03-Aug-2021 -0.56 12-Feb-2021 - 14-May-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 14.75 18.44 0.58 0.69 -- --
Hybrid: Aggressive Hybrid* 14.63 17.67 0.60 0.66 0.91 0.88
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-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Holdings (%) 44.51
Top 5 Holdings (%) 26.04
Top 3 Sectors (%) 36.05
Portfolio P/B Ratio 4.70
Portfolio P/E Ratio 34.89
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
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 4.98 - 5.97 4.98
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 4.92 - 5.85 4.92
equal 5.32% National Housing Bank 2023 Non Convertible Debenture AAA 4.90 - 5.83 4.90
equal 4.58% SIDBI 18/12/2023 Debenture AAA 0.00 - 5.73 4.83
new Reserve Bank of India 91-D 28/10/2021 Treasury Bills SOV 0.00 - 0.08 0.08

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
equal HDFC Bank Financial 26.70 7.40 5.68 5.86
up Reliance Industries Energy 33.56 6.04 4.20 5.38
equal Infosys Technology 35.02 4.47 3.81 4.08
equal ICICI Bank Financial 24.94 4.98 3.15 3.70
equal HDFC Financial 25.32 4.02 2.94 3.14
up Muthoot Finance Financial 15.46 2.72 0.71 2.72
up Avenue Supermarts Services 237.95 2.55 1.99 2.55
equal L&T Infotech Technology 49.64 2.07 1.61 2.07
up Ultratech Cement Construction 35.34 1.99 1.18 1.99
equal Bajaj Finance Financial 100.52 1.77 0.87 1.77
equal State Bank of India Financial 16.20 2.13 1.57 1.73
equal Coforge Technology 66.02 1.72 0.71 1.64
equal PI Industries Chemicals 67.29 1.50 0.90 1.48
equal Titan Company Consumer Durable 144.85 1.52 0.69 1.43
equal Bharti Airtel Communication 352.93 1.54 1.23 1.35
equal Divi's Laboratories Healthcare 66.40 1.32 0.00 1.29
equal Varun Beverages FMCG 67.15 1.32 1.19 1.24
equal SBI Life Insurance Company Insurance 93.05 1.28 1.14 1.22
equal Maruti Suzuki India Automobile 41.27 1.77 1.17 1.17
new Tata Consultancy Services Technology 41.15 1.15 0.00 1.15
down United Spirits FMCG 79.16 1.62 0.71 1.11
equal ABB India Ltd. Engineering 106.48 1.20 0.00 1.06
equal Asian Paints Chemicals 90.90 1.20 0.95 1.03
equal Larsen & Toubro Construction 19.35 1.71 0.97 0.97
equal Gland Pharma Healthcare 65.46 1.05 0.00 0.97

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-Aug-2021

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:


-0.47%

Change from previous, NAV as on 17-Sep-2021

Growth: ₹ 12.8000

IDCW: ₹ 12.8000


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

Basic Details

Fund House: Union Mutual Fund
Launch Date: 18-Dec-2020
Return Since Launch: 28.00%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 518 Cr (As on 31-Aug-2021)
Expense: 1.30% (As on 31-Aug-2021)
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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