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Fund Overview

Fund Size

Fund Size

₹245 Cr

Expense Ratio

Expense Ratio

0.41%

ISIN

ISIN

INF582M01ES7

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

27 Feb 2019

About this fund

Union Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 5 years, 9 months and 7 days, having been launched on 27-Feb-19.
As of 03-Dec-24, it has a Net Asset Value (NAV) of ₹13.96, Assets Under Management (AUM) of 245.03 Crores, and an expense ratio of 0.41%.
  • The fund's asset allocation comprises around 0.15% in equities, 0.35% in debts, and 99.47% in cash & cash equivalents.
  • You can start investing in Union Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Portfolio Summaryas of 31st October 2024

Equity0.37 Cr0.15%
Debt0.85 Cr0.35%
Others243.81 Cr99.50%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset169.67 Cr69.25%
Union Liquid Dir GrMutual Fund - Open End34.4 Cr14.04%
6.40% Reverse RepoCash - Repurchase Agreement17.99 Cr7.34%
Net Receivable / PayableCash - Collateral13.51 Cr5.51%
Future on Reliance Industries LtdEquity - Future-9.84 Cr4.02%
Reliance Industries LtdEquity9.79 Cr4.00%
Union Money Market Dir GrMutual Fund - Open End7.56 Cr3.09%
Future on Bajaj Auto LtdEquity - Future-6.6 Cr2.69%
Bajaj Auto LtdEquity6.57 Cr2.68%
Future on Maruti Suzuki India LtdEquity - Future-4.74 Cr1.93%
Maruti Suzuki India LtdEquity4.71 Cr1.92%
Future on Vedanta LtdEquity - Future-4.4 Cr1.80%
Vedanta LtdEquity4.38 Cr1.79%
Future on Infosys LtdEquity - Future-4.33 Cr1.77%
Infosys LtdEquity4.29 Cr1.75%
Future on Larsen & Toubro LtdEquity - Future-4.27 Cr1.74%
Larsen & Toubro LtdEquity4.24 Cr1.73%
Future on HDFC Bank LtdEquity - Future-4.13 Cr1.69%
HDFC Bank LtdEquity4.1 Cr1.68%
Future on Bharti Airtel LtdEquity - Future-3.48 Cr1.42%
Bharti Airtel LtdEquity3.45 Cr1.41%
Future on State Bank of IndiaEquity - Future-3.28 Cr1.34%
State Bank of IndiaEquity3.26 Cr1.33%
Future on Cipla LtdEquity - Future-3.14 Cr1.28%
Future on Vodafone Idea LtdEquity - Future-3.13 Cr1.28%
Cipla LtdEquity3.13 Cr1.28%
Vodafone Idea LtdEquity3.12 Cr1.27%
Future on ITC LtdEquity - Future-3.06 Cr1.25%
Future on Coal India LtdEquity - Future-3.05 Cr1.25%
ITC LtdEquity3.05 Cr1.24%
Coal India LtdEquity3.04 Cr1.24%
Future on Eicher Motors LtdEquity - Future-3.01 Cr1.23%
Eicher Motors LtdEquity3 Cr1.22%
Future on Tata Consultancy Services LtdEquity - Future-2.95 Cr1.20%
Tata Consultancy Services LtdEquity2.92 Cr1.19%
Future on Trent LtdEquity - Future-2.87 Cr1.17%
Trent LtdEquity2.85 Cr1.16%
Future on InterGlobe Aviation LtdEquity - Future-2.81 Cr1.15%
InterGlobe Aviation LtdEquity2.8 Cr1.14%
Future on Aditya Birla Fashion and Retail LtdEquity - Future-2.74 Cr1.12%
Aditya Birla Fashion and Retail LtdEquity2.72 Cr1.11%
Future on Voltas LtdEquity - Future-2.69 Cr1.10%
Voltas LtdEquity2.67 Cr1.09%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-2.61 Cr1.07%
Sun Pharmaceuticals Industries LtdEquity2.59 Cr1.06%
Future on NTPC LtdEquity - Future-2.59 Cr1.06%
NTPC LtdEquity2.57 Cr1.05%
Future on National Aluminium Co LtdEquity - Future-2.56 Cr1.04%
National Aluminium Co LtdEquity2.56 Cr1.04%
Future on Kotak Mahindra Bank LtdEquity - Future-2.51 Cr1.02%
Kotak Mahindra Bank LtdEquity2.49 Cr1.02%
Future on Adani Enterprises LtdEquity - Future-2.4 Cr0.98%
Adani Enterprises LtdEquity2.39 Cr0.97%
Future on Aurobindo Pharma LtdEquity - Future-2.24 Cr0.91%
Aurobindo Pharma LtdEquity2.23 Cr0.91%
Future on Wipro LtdEquity - Future-2.17 Cr0.88%
Wipro LtdEquity2.15 Cr0.88%
Future on Jindal Steel & Power LtdEquity - Future-2.08 Cr0.85%
Jindal Steel & Power LtdEquity2.07 Cr0.85%
Future on Aarti Industries LtdEquity - Future-2.05 Cr0.84%
Aarti Industries LtdEquity2.04 Cr0.83%
Future on Hindalco Industries LtdEquity - Future-2.03 Cr0.83%
Hindalco Industries LtdEquity2.02 Cr0.82%
Future on UltraTech Cement LtdEquity - Future-2.01 Cr0.82%
182 DTB 14112024Bond - Gov't/Treasury2 Cr0.81%
UltraTech Cement LtdEquity1.99 Cr0.81%
Future on HDFC Life Insurance Co LtdEquity - Future-1.99 Cr0.81%
HDFC Life Insurance Co LtdEquity1.98 Cr0.81%
Future on JSW Steel LtdEquity - Future-1.96 Cr0.80%
Future on Jubilant Foodworks LtdEquity - Future-1.96 Cr0.80%
JSW Steel LtdEquity1.95 Cr0.80%
Jubilant Foodworks LtdEquity1.94 Cr0.79%
Future on Nestle India LtdEquity - Future-1.91 Cr0.78%
Nestle India LtdEquity1.9 Cr0.78%
Future on Power Finance Corp LtdEquity - Future-1.89 Cr0.77%
Power Finance Corp LtdEquity1.89 Cr0.77%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-1.89 Cr0.77%
Future on Bharat Electronics LtdEquity - Future-1.88 Cr0.77%
Adani Ports & Special Economic Zone LtdEquity1.87 Cr0.76%
Bharat Electronics LtdEquity1.87 Cr0.76%
Future on Max Financial Services LtdEquity - Future-1.85 Cr0.76%
Max Financial Services LtdEquity1.85 Cr0.75%
Future on Hindustan Petroleum Corp LtdEquity - Future-1.79 Cr0.73%
REC LtdEquity1.78 Cr0.73%
Future on REC LtdEquity - Future-1.78 Cr0.72%
Hindustan Petroleum Corp LtdEquity1.77 Cr0.72%
Future on Mphasis LtdEquity - Future-1.75 Cr0.71%
Mphasis LtdEquity1.74 Cr0.71%
Future on Titan Co LtdEquity - Future-1.72 Cr0.70%
Titan Co LtdEquity1.72 Cr0.70%
Indian Oil Corporation Ltd. 26-Dec-24Equity - Future-1.69 Cr0.69%
Future on Samvardhana Motherson International LtdEquity - Future-1.68 Cr0.69%
Samvardhana Motherson International LtdEquity1.67 Cr0.68%
Indian Oil Corp LtdEquity1.67 Cr0.68%
Future on Siemens LtdEquity - Future-1.58 Cr0.64%
Future on Atul LtdEquity - Future-1.57 Cr0.64%
Siemens LtdEquity1.57 Cr0.64%
Atul LtdEquity1.57 Cr0.64%
Future on ACC LtdEquity - Future-1.54 Cr0.63%
ACC LtdEquity1.53 Cr0.63%
Indus Towers Ltd. 28-Nov-24Equity - Future-1.52 Cr0.62%
Indus Towers Ltd Ordinary SharesEquity1.51 Cr0.61%
Future on Tata Motors LtdEquity - Future-1.48 Cr0.60%
Tata Motors LtdEquity1.47 Cr0.60%
Future on Canara BankEquity - Future-1.46 Cr0.60%
Canara BankEquity1.46 Cr0.59%
Future on Mahindra & Mahindra LtdEquity - Future-1.44 Cr0.59%
Mahindra & Mahindra LtdEquity1.43 Cr0.58%
Future on Grasim Industries LtdEquity - Future-1.42 Cr0.58%
Grasim Industries LtdEquity1.42 Cr0.58%
Future on Bharat Petroleum Corp LtdEquity - Future-1.41 Cr0.57%
Future on Lupin LtdEquity - Future-1.4 Cr0.57%
Bharat Petroleum Corp LtdEquity1.4 Cr0.57%
Lupin LtdEquity1.39 Cr0.57%
Axis Bank Ltd.Bond - Corporate Bond-1.39 Cr0.57%
Future on IndusInd Bank LtdEquity - Future-1.38 Cr0.56%
Axis Bank LtdEquity1.38 Cr0.56%
IndusInd Bank LtdEquity1.37 Cr0.56%
Future on DLF LtdEquity - Future-1.36 Cr0.56%
DLF LtdEquity1.35 Cr0.55%
Future on Tata Steel Ltd.Equity - Future-1.32 Cr0.54%
Tata Steel LtdEquity1.31 Cr0.53%
Future on Muthoot Finance LtdEquity - Future-1.28 Cr0.52%
Future on Hero MotoCorp LtdEquity - Future-1.28 Cr0.52%
Muthoot Finance LtdEquity1.27 Cr0.52%
Hero MotoCorp LtdEquity1.27 Cr0.52%
Future on Bank of BarodaEquity - Future-1.26 Cr0.51%
Bank of BarodaEquity1.25 Cr0.51%
Future on HCL Technologies LtdEquity - Future-1.24 Cr0.51%
HCL Technologies LtdEquity1.24 Cr0.50%
Future on Bharat Heavy Electricals LtdEquity - Future-1.2 Cr0.49%
Bharat Heavy Electricals LtdEquity1.19 Cr0.49%
Future on JK Cement LtdEquity - Future-1.09 Cr0.44%
JK Cement LtdEquity1.08 Cr0.44%
Future on Tata Power Co LtdEquity - Future-1.08 Cr0.44%
Future on Tech Mahindra LtdEquity - Future-1.07 Cr0.44%
Tata Power Co LtdEquity1.07 Cr0.44%
Tech Mahindra LtdEquity1.06 Cr0.43%
Future on Apollo Hospitals Enterprise LtdEquity - Future-1.06 Cr0.43%
Apollo Hospitals Enterprise LtdEquity1.05 Cr0.43%
Future on United Spirits LtdEquity - Future-1.02 Cr0.42%
United Spirits LtdEquity1.01 Cr0.41%
Hindustan Unilever LtdEquity0.99 Cr0.40%
Future on Hindustan Unilever LtdEquity - Future-0.98 Cr0.40%
Future on Bajaj Finance LtdEquity - Future-0.95 Cr0.39%
Bajaj Finance LtdEquity0.95 Cr0.39%
Future on SBI Life Insurance Co LtdEquity - Future-0.92 Cr0.37%
SBI Life Insurance Co LtdEquity0.91 Cr0.37%
Future on HDFC Asset Management Co LtdEquity - Future-0.91 Cr0.37%
Future on Exide Industries LtdEquity - Future-0.91 Cr0.37%
HDFC Asset Management Co LtdEquity0.9 Cr0.37%
Exide Industries LtdEquity0.9 Cr0.37%
Future on GMR Airports LtdEquity - Future-0.9 Cr0.37%
GMR Airports LtdEquity0.89 Cr0.36%
Future on TVS Motor Co LtdEquity - Future-0.88 Cr0.36%
TVS Motor Co LtdEquity0.87 Cr0.36%
Future on Ambuja Cements LtdEquity - Future-0.74 Cr0.30%
Ambuja Cements LtdEquity0.73 Cr0.30%
Future on Bandhan Bank LtdEquity - Future-0.67 Cr0.27%
Bandhan Bank LtdEquity0.66 Cr0.27%
Multi Commodity Exchange of India LtdEquity0.65 Cr0.27%
Future on Multi Commodity Exchange of India LtdEquity - Future-0.65 Cr0.27%
Future on Persistent Systems LtdEquity - Future-0.65 Cr0.26%
Persistent Systems LtdEquity0.64 Cr0.26%
TrepsCash - Repurchase Agreement0.63 Cr0.26%
Future on Container Corporation of India LtdEquity - Future-0.59 Cr0.24%
Container Corporation of India LtdEquity0.59 Cr0.24%
Future on PVR INOX LtdEquity - Future-0.58 Cr0.24%
PVR INOX LtdEquity0.58 Cr0.23%
Shriram Finance LtdEquity0.56 Cr0.23%
Future on Shriram Finance LtdEquity - Future-0.56 Cr0.23%
Future on Astral LtdEquity - Future-0.52 Cr0.21%
Astral LtdEquity0.52 Cr0.21%
Future on Tata Communications LtdEquity - Future-0.36 Cr0.15%
Tata Communications LtdEquity0.35 Cr0.14%
Future on Abbott India LtdEquity - Future-0.35 Cr0.14%
Abbott India LtdEquity0.35 Cr0.14%
364 DTB 26122024Bond - Gov't/Treasury0.28 Cr0.11%
Future on Alkem Laboratories LtdEquity - Future-0.17 Cr0.07%
Alkem Laboratories LtdEquity0.17 Cr0.07%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical31.12 Cr12.70%
Financial Services28.72 Cr11.72%
Basic Materials24.64 Cr10.06%
Energy20.06 Cr8.19%
Industrials18.21 Cr7.43%
Technology14.04 Cr5.73%
Healthcare10.91 Cr4.45%
Communication Services9 Cr3.67%
Consumer Defensive6.95 Cr2.84%
Utilities3.64 Cr1.49%
Real Estate1.35 Cr0.55%

Risk & Performance Ratios

Standard Deviation

This fund

0.71%

Cat. avg.

0.73%

Lower the better

Sharpe Ratio

This fund

0.55

Cat. avg.

-0.09

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.14

Higher the better

Fund Managers

Devesh Thacker

Devesh Thacker

Since February 2019

Vishal Thakker

Vishal Thakker

Since February 2019

Additional Scheme Detailsas of 31st October 2024

ISIN
INF582M01ES7
Expense Ratio
0.41%
Exit Load
No Charges
Fund Size
₹245 Cr
Age
5 years 9 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹221.65 Cr-
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹221.65 Cr-
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹40.76 Cr-
Bank of India Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹40.76 Cr-
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹2839.16 Cr-
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹2839.16 Cr-
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹12432.45 Cr-
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹12432.45 Cr-
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹108.62 Cr-
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹108.62 Cr-

About the AMC

Union Mutual Fund

Union Mutual Fund

Total AUM

₹21,860 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Union Children's Fund Direct Growth

Very High Risk

0.9%0.0%₹59.22 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹847.59 Cr-
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%--
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹5352.82 Cr-
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹630.99 Cr-
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹84.37 Cr-
Union Value Discovery Fund Direct Growth

Very High Risk

1.3%1.0%₹294.54 Cr-
Union Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹1075.38 Cr-
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1462.37 Cr-
Union Equity Savings Fund Direct Growth

Moderate Risk

1.4%1.0%₹340.50 Cr-
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹245.03 Cr-
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.3%0.0%₹930.85 Cr-
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.2%1.0%₹79.27 Cr-
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1756.94 Cr-
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹4614.27 Cr-
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1350.50 Cr-
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹150.10 Cr-
Union Largecap Fund Direct Growth

Very High Risk

1.6%1.0%₹433.40 Cr-
Union Retirement Fund Direct Growth

Very High Risk

1.2%0.0%₹151.21 Cr-
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹263.03 Cr-
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹305.73 Cr-
Union Focused Fund Direct Growth

Very High Risk

1.5%1.0%₹415.68 Cr-
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹182.68 Cr-
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹833.86 Cr-

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Union Arbitrage Fund Direct Growth, as of 03-Dec-2024, is ₹13.96.
The fund's allocation of assets is distributed as 0.15% in equities, 0.35% in bonds, and 99.47% in cash and cash equivalents.
The fund managers responsible for Union Arbitrage Fund Direct Growth are:-
  1. Devesh Thacker
  2. Vishal Thakker