Holdings (36)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Indian Bank | Financial | Equity | 3.15% |
| Jindal Steel Ltd. | Metals & Mining | Equity | 3.09% |
| Shriram Finance Ltd | Financial | Equity | 3.07% |
| Bank of India | Financial | Equity | 3.06% |
| Bharat Petroleum Corporation Ltd. | Energy | Equity | 3.05% |
| State Bank of India | Financial | Equity | 3.05% |
| The Federal Bank Ltd. | Financial | Equity | 3.04% |
| Axis Bank Ltd. | Financial | Equity | 3.02% |
| Vedanta Ltd. | Metals & Mining | Equity | 2.96% |
| MTAR Technologies Ltd. | Capital Goods | Equity | 2.95% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 3.80% | NA% | NA% | NA% |
| Category Average | 1.68% | 16.01% | 17.87% | NA% |
| Rank Within Category | 28.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.99%
Inclusive of GST
Exit load
1% for redemption within 1 Year
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
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
Union Innovation & Opportunities Fund Direct Growth
Union Equity Savings Fund Direct Growth
Union Multicap Fund Direct Growth
Union Balanced Advantage Fund Direct Growth
Union Largecap Fund Direct Growth
Union ELSS Tax Saver Fund Direct Growth
Union Active Momentum Fund Direct Growth
Union Aggressive Hybrid Fund Direct Growth
Union Multi Asset Allocation 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
Managed Schemes
Union Value Fund Direct Growth
Union Innovation & Opportunities Fund Direct Growth
Union Equity Savings Fund Direct Growth
Union Children's Fund Direct Growth
Union Balanced Advantage Fund Direct Growth
Union Midcap Fund Direct Growth
Union Active Momentum Fund Direct Growth