Direct
NAV (25-Jul-24)
₹11.35-0.18%1D
Returns (Since Inception)
13.50%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹523 Cr
Expense Ratio
1.08%
ISIN
INF582M01JQ0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
05 Mar 2024
About this fund
This fund has been in existence for 4 months and 21 days, having been launched on 05-Mar-24.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.35, Assets Under Management (AUM) of 522.91 Crores, and an expense ratio of 1.08%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.35, Assets Under Management (AUM) of 522.91 Crores, and an expense ratio of 1.08%.
- Union Business Cycle Fund Direct Growth has given a CAGR return of 13.50% since inception.
- The fund's asset allocation comprises around 95.22% in equities, 0.07% in debts, and 4.72% in cash & cash equivalents.
- You can start investing in Union Business Cycle Fund Direct 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.
Since Inception
+13.50%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹497.9 Cr | 95.22% |
| Debt | ₹0.35 Cr | 0.07% |
| Others | ₹24.67 Cr | 4.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹40.25 Cr | 7.70% |
| ICICI Bank Ltd | Equity | ₹28.49 Cr | 5.45% |
| HDFC Bank Ltd | Equity | ₹28.29 Cr | 5.41% |
| Reliance Industries Ltd | Equity | ₹19.72 Cr | 3.77% |
| Godrej Properties Ltd | Equity | ₹17 Cr | 3.25% |
| Larsen & Toubro Ltd | Equity | ₹16.86 Cr | 3.22% |
| Bharti Airtel Ltd | Equity | ₹15.88 Cr | 3.04% |
| Infosys Ltd | Equity | ₹15.82 Cr | 3.03% |
| Net Receivable / Payable | Cash - Collateral | ₹-15.59 Cr | 2.98% |
| Bharti Hexacom Ltd | Equity | ₹15.18 Cr | 2.90% |
| Cummins India Ltd | Equity | ₹14.28 Cr | 2.73% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹13.08 Cr | 2.50% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹12.11 Cr | 2.32% |
| GE T&D India Ltd | Equity | ₹11.34 Cr | 2.17% |
| State Bank of India | Equity | ₹10.48 Cr | 2.01% |
| Tech Mahindra Ltd | Equity | ₹10.44 Cr | 2.00% |
| V-Mart Retail Ltd | Equity | ₹10.24 Cr | 1.96% |
| TVS Motor Co Ltd | Equity | ₹10.17 Cr | 1.94% |
| Jindal Steel & Power Ltd | Equity | ₹9.97 Cr | 1.91% |
| Info Edge (India) Ltd | Equity | ₹9.09 Cr | 1.74% |
| Axis Bank Ltd | Equity | ₹8.86 Cr | 1.69% |
| JSW Infrastructure Ltd | Equity | ₹8.54 Cr | 1.63% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹8.41 Cr | 1.61% |
| Kirloskar Oil Engines Ltd | Equity | ₹8.36 Cr | 1.60% |
| Bharat Electronics Ltd | Equity | ₹8.25 Cr | 1.58% |
| Oil India Ltd | Equity | ₹7.95 Cr | 1.52% |
| Balkrishna Industries Ltd | Equity | ₹7.75 Cr | 1.48% |
| Supreme Industries Ltd | Equity | ₹7.74 Cr | 1.48% |
| Cera Sanitaryware Ltd | Equity | ₹7.64 Cr | 1.46% |
| Zomato Ltd | Equity | ₹7.62 Cr | 1.46% |
| Jindal Stainless Ltd | Equity | ₹7.4 Cr | 1.42% |
| Tata Steel Ltd | Equity | ₹7.13 Cr | 1.36% |
| KSB Ltd | Equity | ₹6.98 Cr | 1.34% |
| National Aluminium Co Ltd | Equity | ₹6.55 Cr | 1.25% |
| Home First Finance Co India Ltd --- | Equity | ₹6.49 Cr | 1.24% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹6.41 Cr | 1.23% |
| Puravankara Ltd | Equity | ₹5.81 Cr | 1.11% |
| Solar Industries India Ltd | Equity | ₹5.81 Cr | 1.11% |
| Container Corporation of India Ltd | Equity | ₹5.73 Cr | 1.10% |
| Sudarshan Chemical Industries Ltd | Equity | ₹5.41 Cr | 1.03% |
| Escorts Kubota Ltd | Equity | ₹5.39 Cr | 1.03% |
| LTIMindtree Ltd | Equity | ₹5.39 Cr | 1.03% |
| ITD Cementation India Ltd | Equity | ₹5.26 Cr | 1.01% |
| Cipla Ltd | Equity | ₹5.18 Cr | 0.99% |
| 3M India Ltd | Equity | ₹5.15 Cr | 0.99% |
| Aarti Industries Ltd | Equity | ₹5.15 Cr | 0.98% |
| Tata Consultancy Services Ltd | Equity | ₹5.08 Cr | 0.97% |
| Hero MotoCorp Ltd | Equity | ₹5.02 Cr | 0.96% |
| Prestige Estates Projects Ltd | Equity | ₹5 Cr | 0.96% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹4.79 Cr | 0.92% |
| Central Depository Services (India) Ltd | Equity | ₹4.77 Cr | 0.91% |
| REC Ltd | Equity | ₹4.41 Cr | 0.84% |
| Glenmark Life Sciences Ltd | Equity | ₹4.33 Cr | 0.83% |
| Jio Financial Services Ltd | Equity | ₹3.87 Cr | 0.74% |
| KFin Technologies Ltd | Equity | ₹3.68 Cr | 0.70% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹3.5 Cr | 0.67% |
| Vinati Organics Ltd | Equity | ₹2.85 Cr | 0.54% |
| Sanofi India Ltd | Equity | ₹2.37 Cr | 0.45% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹1.94 Cr | 0.37% |
| Sanofi Consumer He | Equity | ₹1.48 Cr | 0.28% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹0.35 Cr | 0.07% |
Allocation By Market Cap (Equity)
Large Cap Stocks
46.65%
Mid Cap Stocks
25.50%
Small Cap Stocks
19.88%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹141.5 Cr | 27.06% |
| Financial Services | ₹102.07 Cr | 19.52% |
| Basic Materials | ₹50.27 Cr | 9.61% |
| Communication Services | ₹48.57 Cr | 9.29% |
| Technology | ₹42.34 Cr | 8.10% |
| Consumer Cyclical | ₹40.8 Cr | 7.80% |
| Real Estate | ₹27.82 Cr | 5.32% |
| Energy | ₹27.68 Cr | 5.29% |
| Healthcare | ₹15.38 Cr | 2.94% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
HB
Hardick Bora
Since March 2024
SB
Sanjay Bembalkar
Since March 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF582M01JQ0 | Expense Ratio | 1.08% | Exit Load | 1.00% | Fund Size | ₹523 Cr | Age | 05 Mar 2024 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment 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 Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹201.75 Cr | 32.8% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹201.75 Cr | 32.3% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹554.29 Cr | 57.3% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹554.29 Cr | 54.8% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3153.37 Cr | 58.2% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3153.37 Cr | 56.2% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹77.57 Cr | 63.5% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹97.06 Cr | 39.5% |
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Business Cycle Fund Direct Growth?
The NAV of Union Business Cycle Fund Direct Growth, as of 25-Jul-2024, is ₹11.35.
What is the portfolio composition of Union Business Cycle Fund Direct Growth?
The fund's allocation of assets is distributed as 95.22% in equities, 0.07% in bonds, and 4.72% in cash and cash equivalents.
Who manages the Union Business Cycle Fund Direct Growth?
The fund managers responsible for Union Business Cycle Fund Direct Growth are:-
- Hardick Bora
- Sanjay Bembalkar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.