Holdings (121)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 3.72% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.68% |
| Reserve Bank of India | Financial | T-Bills | 3.67% |
| Reserve Bank of India | Financial | T-Bills | 3.66% |
| HDFC Bank Ltd. | Financial | Equity | 3.38% |
| Bharti Airtel Ltd. | Communication | Equity | 2.99% |
| Indus Towers Ltd. | Communication | Equity | 2.84% |
| Interglobe Aviation Ltd. | Services | Equity | 2.72% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.69% |
| Reliance Industries Ltd. | Energy | Equity | 2.65% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.64% | 7.96% | 10.28% | 9.50% |
| Category Average | 8.11% | 8.87% | 11.66% | NA% |
| Rank Within Category | 20.00% | 19.00% | 20.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.43%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
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.
Managed Schemes
Union Liquid Fund Direct Growth
Union Dynamic Bond Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Balanced Advantage Fund Direct Growth
Union Corporate Bond Fund Direct Growth
Union Equity Savings Fund Direct Growth
Union Medium Duration Fund Direct Growth
Union Aggressive Hybrid Fund Direct Growth
Education
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience
Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
Managed Schemes
Canara Robeco Bluechip Equity Fund Direct Growth
Union Flexi Cap Fund Direct Growth
Union ELSS Tax Saver Fund Direct Growth
Union Small Cap Fund Direct Growth
Union Largecap Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 8 Direct Growth
Union Balanced Advantage Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 9 Direct Growth
Canara Robeco Dual Advantage Fund Series 1 Direct Growth
Union Equity Savings Fund Direct Growth
Union Value Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 10 Direct Growth
Union Focused Fund Direct Growth
Union Large & Midcap Fund Direct Growth
Union Midcap Fund Direct Growth
Union Aggressive Hybrid Fund Direct Growth
Union Retirement Fund Direct Growth
Union Multicap Fund Direct Growth
Union Innovation & Opportunities Fund Direct Growth
Education
Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)
Experience
Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates