Holdings (75)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Repo | Unspecified | Repo | 5.91% |
| ICICI Bank Ltd | Financial | Equity | 3.78% |
| HDFC Bank Ltd | Financial | Equity | 3.12% |
| Larsen & Toubro Ltd | Industrials | Equity | 2.74% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 2.48% |
| Cummins India Ltd | Industrials | Equity | 2.34% |
| Karur Vysya Bank Ltd | Financial | Equity | 2.31% |
| Solar Industries India Ltd | Materials | Equity | 2.23% |
| Bharat Electronics Ltd | Industrials | Equity | 2.13% |
| Data Patterns (India) Ltd | Industrials | Equity | 2.12% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.18% | 17.38% | NA% | NA% |
| Category Average | 0.93% | 18.54% | NA% | NA% |
| Rank Within Category | 5.00% | 10.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.4%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 15 days
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. Patwardhan is B.Tech from IIT, MBA from IIM and CFA.
Experience
Prior to joining Union AMC, he was associated with Edelweiss AMC,Girik Wealth Advisors,JPMorgan Asset Management India Private Limited since June 2006 as CIO-Equities. Prior to that Mr. Patwardhan worked for two years with Deutsche Equities India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses covering a variety of sectors.
Managed Schemes
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 Flexi Cap Fund Direct Growth
Union ELSS Tax Saver Fund Direct Growth
Union Largecap Fund Direct Growth
Union Balanced Advantage Fund Direct Growth
Union Equity Savings Fund Direct Growth
Union Aggressive Hybrid Fund Direct Growth
Union Multicap Fund Direct Growth
Union Innovation & Opportunities Fund Direct Growth
Union Multi Asset Allocation Fund Direct Growth