Dezerv

Fund Overview

Fund Size

Fund Size

₹204 Cr

Expense Ratio

Expense Ratio

0.99%

ISIN

ISIN

INF582M01EW9

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 Regular Growth is a Arbitrage Fund mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 5 years, 4 months and 15 days, having been launched on 27-Feb-19.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹13.18, Assets Under Management (AUM) of 204.40 Crores, and an expense ratio of 0.99%.
  • Union Arbitrage Fund Regular Growth has given a CAGR return of 5.24% since inception.
  • The fund's asset allocation comprises around 1.25% in equities, 0.00% in debts, and 98.72% in cash & cash equivalents.
  • You can start investing in Union Arbitrage Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.72%

+7.32% (Cat Avg.)

3 Years

+5.61%

+5.58% (Cat Avg.)

5 Years

+5.12%

+4.99% (Cat Avg.)

Since Inception

+5.24%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity2.56 Cr1.25%
Others201.84 Cr98.75%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset159.48 Cr79.29%
Union Liquid Dir GrMutual Fund - Open End26.95 Cr13.40%
TrepsCash - Repurchase Agreement16.48 Cr8.19%
Future on HDFC Bank LtdEquity - Future-8.72 Cr4.34%
HDFC Bank LtdEquity8.68 Cr4.31%
Future on Kotak Mahindra Bank LtdEquity - Future-4.47 Cr2.22%
Kotak Mahindra Bank LtdEquity4.44 Cr2.21%
Future on Reliance Industries LtdEquity - Future-3.96 Cr1.97%
Reliance Industries LtdEquity3.93 Cr1.96%
Future on Coal India LtdEquity - Future-3.63 Cr1.81%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-3.62 Cr1.80%
Coal India LtdEquity3.61 Cr1.80%
Hindustan Aeronautics Ltd Ordinary SharesEquity3.58 Cr1.78%
Future on InterGlobe Aviation LtdEquity - Future-3.54 Cr1.76%
InterGlobe Aviation LtdEquity3.52 Cr1.75%
Future on Maruti Suzuki India LtdEquity - Future-3.31 Cr1.65%
Maruti Suzuki India LtdEquity3.29 Cr1.63%
Future on Max Financial Services LtdEquity - Future-3.18 Cr1.58%
Max Financial Services LtdEquity3.16 Cr1.57%
ITC LtdEquity2.66 Cr1.32%
Future on ITC LtdEquity - Future-2.63 Cr1.31%
Future on Tata Steel Ltd.Equity - Future-2.59 Cr1.29%
Tata Steel LtdEquity2.57 Cr1.28%
Future on Bharat Petroleum Corp LtdEquity - Future-2.56 Cr1.27%
Future on Cipla LtdEquity - Future-2.56 Cr1.27%
Future on Bharat Electronics LtdEquity - Future-2.54 Cr1.27%
Bharat Petroleum Corp LtdEquity2.54 Cr1.26%
Cipla LtdEquity2.54 Cr1.26%
Bharat Electronics LtdEquity2.53 Cr1.26%
Future on Tata Motors LtdEquity - Future-2.5 Cr1.24%
Tata Motors LtdEquity2.5 Cr1.24%
Future on Cummins India LtdEquity - Future-2.47 Cr1.23%
Cummins India LtdEquity2.45 Cr1.22%
Future on Hindalco Industries LtdEquity - Future-2.43 Cr1.21%
Hindalco Industries LtdEquity2.41 Cr1.20%
Future on Vedanta LtdEquity - Future-2.39 Cr1.19%
Vedanta LtdEquity2.38 Cr1.18%
Future on Polycab India LtdEquity - Future-2.23 Cr1.11%
Polycab India LtdEquity2.22 Cr1.11%
Future on Steel Authority Of India LtdEquity - Future-2.17 Cr1.08%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-2.16 Cr1.07%
Steel Authority Of India LtdEquity2.16 Cr1.07%
Future on Oil & Natural Gas Corp LtdEquity - Future-2.15 Cr1.07%
Sun Pharmaceuticals Industries LtdEquity2.15 Cr1.07%
Oil & Natural Gas Corp LtdEquity2.14 Cr1.06%
Future on Vodafone Idea LtdEquity - Future-2.09 Cr1.04%
Future on Hindustan Copper LtdEquity - Future-2.09 Cr1.04%
Future on Britannia Industries LtdEquity - Future-2.09 Cr1.04%
Hindustan Copper LtdEquity2.07 Cr1.03%
Vodafone Idea LtdEquity2.07 Cr1.03%
Britannia Industries LtdEquity2.07 Cr1.03%
Future on Berger Paints India LtdEquity - Future-2.02 Cr1.01%
Future on State Bank of IndiaEquity - Future-2.01 Cr1.00%
Future on Grasim Industries LtdEquity - Future-2.01 Cr1.00%
Berger Paints India LtdEquity2 Cr1.00%
Future on Zydus Lifesciences LtdEquity - Future-2 Cr0.99%
State Bank of IndiaEquity1.99 Cr0.99%
Grasim Industries LtdEquity1.99 Cr0.99%
Zydus Lifesciences LtdEquity1.98 Cr0.98%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-1.96 Cr0.98%
Adani Ports & Special Economic Zone LtdEquity1.95 Cr0.97%
Future on Ashok Leyland LtdEquity - Future-1.92 Cr0.95%
Ashok Leyland LtdEquity1.9 Cr0.95%
ICICI Bank Ltd.Bond - Corporate Bond-1.9 Cr0.94%
Future on Bharat Heavy Electricals LtdEquity - Future-1.89 Cr0.94%
ICICI Bank LtdEquity1.88 Cr0.94%
Bharat Heavy Electricals LtdEquity1.88 Cr0.94%
Future on Infosys LtdEquity - Future-1.81 Cr0.90%
Infosys LtdEquity1.8 Cr0.90%
Future on Oberoi Realty LtdEquity - Future-1.8 Cr0.89%
Oberoi Realty LtdEquity1.78 Cr0.89%
Future on Hero MotoCorp LtdEquity - Future-1.78 Cr0.88%
Future on Mahindra & Mahindra LtdEquity - Future-1.77 Cr0.88%
Hero MotoCorp LtdEquity1.77 Cr0.88%
Mahindra & Mahindra LtdEquity1.75 Cr0.87%
Future on Tata Consultancy Services LtdEquity - Future-1.68 Cr0.84%
Future on Zee Entertainment Enterprises LtdEquity - Future-1.67 Cr0.83%
Tata Consultancy Services LtdEquity1.67 Cr0.83%
Zee Entertainment Enterprises LtdEquity1.65 Cr0.82%
Future on Adani Enterprises LtdEquity - Future-1.65 Cr0.82%
Adani Enterprises LtdEquity1.64 Cr0.81%
Future on Indian Railway Catering And Tourism Corp LtdEquity - Future-1.62 Cr0.80%
Axis Bank Ltd.Bond - Corporate Bond-1.61 Cr0.80%
Indian Railway Catering And Tourism Corp LtdEquity1.61 Cr0.80%
Axis Bank LtdEquity1.6 Cr0.79%
Future on Aurobindo Pharma LtdEquity - Future-1.58 Cr0.79%
Aurobindo Pharma LtdEquity1.57 Cr0.78%
Future on Glenmark Pharmaceuticals LtdEquity - Future-1.52 Cr0.76%
Glenmark Pharmaceuticals LtdEquity1.51 Cr0.75%
Future on JSW Steel LtdEquity - Future-1.44 Cr0.72%
JSW Steel LtdEquity1.43 Cr0.71%
Future on NTPC LtdEquity - Future-1.41 Cr0.70%
Future on Samvardhana Motherson International LtdEquity - Future-1.4 Cr0.70%
NTPC LtdEquity1.4 Cr0.70%
Samvardhana Motherson International LtdEquity1.4 Cr0.69%
Future on DLF LtdEquity - Future-1.36 Cr0.68%
DLF LtdEquity1.35 Cr0.67%
Future on Bank of BarodaEquity - Future-1.33 Cr0.66%
Bank of BarodaEquity1.32 Cr0.65%
Future on Bharti Airtel LtdEquity - Future-1.31 Cr0.65%
Bharti Airtel LtdEquity1.3 Cr0.65%
The Ramco Cements Ltd. 27-Jun-24Equity - Future-1.27 Cr0.63%
Ramco Cements LtdEquity1.26 Cr0.63%
Future on SBI Life Insurance Company LimitedEquity - Future-1.26 Cr0.62%
SBI Life Insurance Company LimitedEquity1.25 Cr0.62%
Future on PVR INOX LtdEquity - Future-1.23 Cr0.61%
PVR INOX LtdEquity1.23 Cr0.61%
Future on Manappuram Finance LtdEquity - Future-1.22 Cr0.61%
Future on Divi's Laboratories LtdEquity - Future-1.22 Cr0.60%
Manappuram Finance LtdEquity1.21 Cr0.60%
Future on Larsen & Toubro LtdEquity - Future-1.21 Cr0.60%
Larsen & Toubro LtdEquity1.21 Cr0.60%
Divi's Laboratories LtdEquity1.21 Cr0.60%
The India Cements Ltd. 27-Jun-24Equity - Future-1.2 Cr0.59%
India Cements LtdEquity1.19 Cr0.59%
Future on Multi Commodity Exchange of India LtdEquity - Future-1.17 Cr0.58%
Multi Commodity Exchange of India LtdEquity1.16 Cr0.58%
Future on Voltas LtdEquity - Future-1.15 Cr0.57%
Voltas LtdEquity1.14 Cr0.57%
Bajaj Auto LtdEquity1.14 Cr0.56%
Future on Bajaj Auto LtdEquity - Future-1.13 Cr0.56%
Future on Tata Power Co LtdEquity - Future-1.04 Cr0.52%
Punjab National BankEquity1.04 Cr0.51%
Tata Power Co LtdEquity1.03 Cr0.51%
Future on Punjab National BankEquity - Future-1.03 Cr0.51%
Future on Cholamandalam Investment and Finance Co LtdEquity - Future-1.02 Cr0.51%
Future on National Aluminium Co LtdEquity - Future-1.01 Cr0.50%
Cholamandalam Investment and Finance Co LtdEquity1.01 Cr0.50%
National Aluminium Co LtdEquity1.01 Cr0.50%
Net Receivable / PayableCash - Collateral-1 Cr0.50%
Future on UltraTech Cement LtdEquity - Future-1 Cr0.50%
Future on SBI Cards and Payment Services Ltd Ordinary SharesEquity - Future-1 Cr0.50%
SBI Cards and Payment Services Ltd Ordinary SharesEquity1 Cr0.50%
UltraTech Cement LtdEquity0.99 Cr0.49%
HDFC Asset Management Co LtdEquity0.99 Cr0.49%
Future on HDFC Asset Management Co LtdEquity - Future-0.99 Cr0.49%
Future on Tata Communications LtdEquity - Future-0.98 Cr0.49%
Tata Communications LtdEquity0.98 Cr0.49%
Future on Exide Industries LtdEquity - Future-0.98 Cr0.48%
Exide Industries LtdEquity0.97 Cr0.48%
Future on Tech Mahindra LtdEquity - Future-0.96 Cr0.48%
Future on GMR Airports Infrastructure LtdEquity - Future-0.96 Cr0.48%
Tech Mahindra LtdEquity0.96 Cr0.48%
GMR Airports Infrastructure LtdEquity0.95 Cr0.47%
IndiaMART InterMESH LtdEquity0.94 Cr0.47%
Future on IndiaMART InterMESH LtdEquity - Future-0.94 Cr0.47%
Future on Bajaj Finance LtdEquity - Future-0.92 Cr0.46%
Bajaj Finance LtdEquity0.92 Cr0.46%
Future on Gujarat Narmada Valley Fertilizers & Chemicals LtdEquity - Future-0.91 Cr0.45%
Hindustan Unilever LtdEquity0.91 Cr0.45%
Future on Hindustan Unilever LtdEquity - Future-0.91 Cr0.45%
Gujarat Narmada Valley Fertilizers & Chemicals LtdEquity0.91 Cr0.45%
Future on Apollo Hospitals Enterprise LtdEquity - Future-0.88 Cr0.44%
Apollo Hospitals Enterprise LtdEquity0.88 Cr0.44%
Future on UPL LtdEquity - Future-0.86 Cr0.43%
UPL LtdEquity0.86 Cr0.43%
Future on HDFC Life Insurance Company LimitedEquity - Future-0.85 Cr0.42%
HDFC Life Insurance Company LimitedEquity0.85 Cr0.42%
Future on HCL Technologies LtdEquity - Future-0.84 Cr0.42%
HCL Technologies LtdEquity0.83 Cr0.41%
Future on United Spirits LtdEquity - Future-0.82 Cr0.41%
United Spirits LtdEquity0.81 Cr0.40%
Future on IndusInd Bank LtdEquity - Future-0.81 Cr0.40%
Future on Bandhan Bank LtdEquity - Future-0.8 Cr0.40%
IndusInd Bank LtdEquity0.8 Cr0.40%
Future on Ambuja Cements LtdEquity - Future-0.8 Cr0.40%
Bandhan Bank LtdEquity0.8 Cr0.40%
Future on Canara BankEquity - Future-0.8 Cr0.40%
Future on Titan Co LtdEquity - Future-0.8 Cr0.40%
Ambuja Cements LtdEquity0.8 Cr0.40%
Canara BankEquity0.8 Cr0.40%
Titan Co LtdEquity0.79 Cr0.39%
Future on City Union Bank LtdEquity - Future-0.79 Cr0.39%
City Union Bank LtdEquity0.79 Cr0.39%
The Indian Hotels Company Ltd. 27-Jun-24Equity - Future-0.78 Cr0.39%
Indian Hotels Co LtdEquity0.78 Cr0.39%
Future on GAIL (India) LtdEquity - Future-0.75 Cr0.37%
GAIL (India) LtdEquity0.75 Cr0.37%
Future on Piramal Enterprises LtdEquity - Future-0.72 Cr0.36%
Piramal Enterprises LtdEquity0.72 Cr0.36%
Future on Bajaj Finserv LtdEquity - Future-0.69 Cr0.34%
Future on TVS Motor Co LtdEquity - Future-0.69 Cr0.34%
Bajaj Finserv LtdEquity0.69 Cr0.34%
TVS Motor Co LtdEquity0.69 Cr0.34%
Future on Granules India LtdEquity - Future-0.67 Cr0.34%
Granules India LtdEquity0.67 Cr0.33%
Future on The Federal Bank LtdEquity - Future-0.65 Cr0.32%
The Federal Bank LtdEquity0.65 Cr0.32%
Indian Oil Corporation Ltd. 27-Jun-24Equity - Future-0.64 Cr0.32%
Future on ICICI Lombard General Insurance Co LtdEquity - Future-0.64 Cr0.32%
Indian Oil Corp LtdEquity0.63 Cr0.31%
ICICI Lombard General Insurance Co LtdEquity0.63 Cr0.31%
Future on Abbott India LtdEquity - Future-0.63 Cr0.31%
Abbott India LtdEquity0.62 Cr0.31%
Future on RBL Bank LtdEquity - Future-0.62 Cr0.31%
RBL Bank LtdEquity0.61 Cr0.31%
Future on Jindal Steel & Power LtdEquity - Future-0.58 Cr0.29%
Jindal Steel & Power LtdEquity0.58 Cr0.29%
Future on Torrent Pharmaceuticals LtdEquity - Future-0.54 Cr0.27%
Torrent Pharmaceuticals LtdEquity0.54 Cr0.27%
Future on ACC LtdEquity - Future-0.46 Cr0.23%
ACC LtdEquity0.46 Cr0.23%
182 DTB 27062024Bond - Gov't/Treasury0.2 Cr0.10%
Future on ICICI Prudential Life Insurance Company LimitedEquity - Future-0.08 Cr0.04%
ICICI Prudential Life Insurance Company LimitedEquity0.08 Cr0.04%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services39.05 Cr19.42%
Basic Materials25.06 Cr12.46%
Industrials24.96 Cr12.41%
Consumer Cyclical15.07 Cr7.49%
Energy14.49 Cr7.21%
Healthcare13.66 Cr6.79%
Communication Services8.18 Cr4.07%
Consumer Defensive6.45 Cr3.21%
Technology5.26 Cr2.62%
Utilities3.18 Cr1.58%
Real Estate3.13 Cr1.56%

Risk & Performance Ratios

Standard Deviation

This fund

0.73%

Cat. avg.

0.81%

Lower the better

Sharpe Ratio

This fund

-0.34

Cat. avg.

-0.13

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.13

Higher the better

Fund Managers

Devesh Thacker

Devesh Thacker

Since February 2019

Vishal Thakker

Vishal Thakker

Since February 2019

Additional Scheme Detailsas of 31st May 2024

ISIN
INF582M01EW9
Expense Ratio
0.99%
Exit Load
No Charges
Fund Size
₹204 Cr
Age
27 Feb 2019
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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

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

Low Risk

0.9%0.0%₹119.30 Cr7.2%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹119.30 Cr7.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹35.25 Cr7.6%
Bank of India Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹35.25 Cr6.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2114.07 Cr8.6%
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹2114.07 Cr7.7%
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹11519.47 Cr7.7%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹11519.47 Cr8.5%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹73.62 Cr7.2%
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹73.62 Cr6.3%

About the AMC

Total AUM

₹18,538 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

0.8%0.0%₹46.70 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹654.11 Cr-
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-7.3%
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹4580.54 Cr43.5%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹587.95 Cr28.9%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹238.94 Cr7.0%
Union Value Discovery Fund Direct Growth

Very High Risk

1.4%1.0%₹245.74 Cr45.8%
Union Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹917.38 Cr43.0%
Union Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹1634.86 Cr22.0%
Union Equity Savings Fund Direct Growth

Moderately High risk

1.5%1.0%₹208.22 Cr14.4%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹204.40 Cr8.4%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.4%0.0%₹869.07 Cr36.1%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.2%1.0%₹112.22 Cr7.4%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1242.42 Cr36.2%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹2815.14 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1309.79 Cr49.8%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹136.26 Cr8.2%
Union Largecap Fund Direct Growth

Very High Risk

1.7%1.0%₹375.69 Cr32.4%
Union Retirement Fund Direct Growth

Very High Risk

1.1%0.0%₹126.74 Cr40.3%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹331.40 Cr7.3%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹263.03 Cr6.8%
Union Focused Fund Direct Growth

Very High Risk

1.5%1.0%₹398.80 Cr30.0%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹174.76 Cr7.2%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹817.18 Cr39.0%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Union Arbitrage Fund Regular Growth, as of 11-Jul-2024, is ₹13.18.
The fund has generated 7.72% over the last 1 year and 5.61% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 1.25% in equities, 0.00% in bonds, and 98.72% in cash and cash equivalents.
The fund managers responsible for Union Arbitrage Fund Regular Growth are:-
  1. Devesh Thacker
  2. Vishal Thakker