Fund Overview
Fund Size
₹58 Cr
Expense Ratio
0.86%
ISIN
INF582M01JK3
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
19 Dec 2023
About this fund
Union Children's Fund Direct Growth is a Children mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 8 months and 30 days, having been launched on 19-Dec-23.
As of 17-Sep-24, it has a Net Asset Value (NAV) of ₹12.76, Assets Under Management (AUM) of 57.68 Crores, and an expense ratio of 0.86%.
As of 17-Sep-24, it has a Net Asset Value (NAV) of ₹12.76, Assets Under Management (AUM) of 57.68 Crores, and an expense ratio of 0.86%.
- Union Children's Fund Direct Growth has given a CAGR return of 27.60% since inception.
- The fund's asset allocation comprises around 92.75% in equities, 0.05% in debts, and 7.20% in cash & cash equivalents.
- You can start investing in Union Children's 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
+27.60%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹53.5 Cr | 92.75% |
| Debt | ₹0.03 Cr | 0.05% |
| Others | ₹4.15 Cr | 7.20% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹3.61 Cr | 6.27% |
| HDFC Bank Ltd | Equity | ₹3.44 Cr | 5.96% |
| ICICI Bank Ltd | Equity | ₹2.45 Cr | 4.24% |
| Reliance Industries Ltd | Equity | ₹2.32 Cr | 4.03% |
| Infosys Ltd | Equity | ₹2.06 Cr | 3.57% |
| Larsen & Toubro Ltd | Equity | ₹1.71 Cr | 2.96% |
| Bharti Airtel Ltd | Equity | ₹1.68 Cr | 2.92% |
| Tata Consultancy Services Ltd | Equity | ₹1.32 Cr | 2.29% |
| TVS Motor Co Ltd | Equity | ₹1.24 Cr | 2.15% |
| Quess Corp Ltd | Equity | ₹1.09 Cr | 1.89% |
| Kalyan Jewellers India Ltd | Equity | ₹1.05 Cr | 1.81% |
| Godrej Properties Ltd | Equity | ₹1.02 Cr | 1.76% |
| Maruti Suzuki India Ltd | Equity | ₹1.01 Cr | 1.76% |
| V-Mart Retail Ltd | Equity | ₹0.95 Cr | 1.65% |
| State Bank of India | Equity | ₹0.93 Cr | 1.61% |
| LTIMindtree Ltd | Equity | ₹0.92 Cr | 1.60% |
| Tech Mahindra Ltd | Equity | ₹0.92 Cr | 1.59% |
| Info Edge (India) Ltd | Equity | ₹0.88 Cr | 1.53% |
| ITC Ltd | Equity | ₹0.86 Cr | 1.49% |
| Muthoot Finance Ltd | Equity | ₹0.85 Cr | 1.47% |
| Bharti Hexacom Ltd | Equity | ₹0.84 Cr | 1.45% |
| Lupin Ltd | Equity | ₹0.83 Cr | 1.44% |
| Kesoram Industries Ltd | Equity | ₹0.83 Cr | 1.43% |
| Ajanta Pharma Ltd | Equity | ₹0.8 Cr | 1.40% |
| SJS Enterprises Ltd | Equity | ₹0.78 Cr | 1.36% |
| Hero MotoCorp Ltd | Equity | ₹0.76 Cr | 1.32% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹0.75 Cr | 1.30% |
| Gabriel India Ltd | Equity | ₹0.72 Cr | 1.26% |
| Avenue Supermarts Ltd | Equity | ₹0.71 Cr | 1.24% |
| Sonata Software Ltd | Equity | ₹0.71 Cr | 1.23% |
| Power Grid Corp Of India Ltd | Equity | ₹0.71 Cr | 1.23% |
| Sona BLW Precision Forgings Ltd | Equity | ₹0.7 Cr | 1.21% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.69 Cr | 1.20% |
| Glenmark Life Sciences Ltd | Equity | ₹0.68 Cr | 1.19% |
| Dixon Technologies (India) Ltd | Equity | ₹0.68 Cr | 1.17% |
| Solar Industries India Ltd | Equity | ₹0.66 Cr | 1.15% |
| Zomato Ltd | Equity | ₹0.65 Cr | 1.13% |
| Shriram Finance Ltd | Equity | ₹0.64 Cr | 1.11% |
| Home First Finance Co India Ltd --- | Equity | ₹0.63 Cr | 1.09% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹0.6 Cr | 1.05% |
| Kirloskar Oil Engines Ltd | Equity | ₹0.6 Cr | 1.04% |
| Escorts Kubota Ltd | Equity | ₹0.58 Cr | 1.00% |
| Cera Sanitaryware Ltd | Equity | ₹0.55 Cr | 0.96% |
| Bharat Electronics Ltd | Equity | ₹0.55 Cr | 0.95% |
| KFin Technologies Ltd | Equity | ₹0.55 Cr | 0.95% |
| ITD Cementation India Ltd | Equity | ₹0.54 Cr | 0.94% |
| Net Receivable / Payable | Cash - Collateral | ₹0.54 Cr | 0.93% |
| NTPC Ltd | Equity | ₹0.54 Cr | 0.93% |
| ELANTAS Beck India Ltd | Equity | ₹0.53 Cr | 0.92% |
| Eureka Forbes Ltd | Equity | ₹0.53 Cr | 0.91% |
| Voltas Ltd | Equity | ₹0.52 Cr | 0.91% |
| DOMS Industries Ltd | Equity | ₹0.52 Cr | 0.90% |
| 3M India Ltd | Equity | ₹0.52 Cr | 0.90% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.51 Cr | 0.88% |
| Varun Beverages Ltd | Equity | ₹0.51 Cr | 0.88% |
| Central Depository Services (India) Ltd | Equity | ₹0.5 Cr | 0.87% |
| Cummins India Ltd | Equity | ₹0.49 Cr | 0.84% |
| Gokaldas Exports Ltd | Equity | ₹0.47 Cr | 0.81% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.46 Cr | 0.80% |
| Axis Bank Ltd | Equity | ₹0.46 Cr | 0.79% |
| Pidilite Industries Ltd | Equity | ₹0.44 Cr | 0.76% |
| Alembic Pharmaceuticals Ltd | Equity | ₹0.42 Cr | 0.73% |
| Jindal Steel & Power Ltd | Equity | ₹0.42 Cr | 0.72% |
| Godrej Consumer Products Ltd | Equity | ₹0.37 Cr | 0.64% |
| Oil India Ltd | Equity | ₹0.34 Cr | 0.58% |
| KSB Ltd | Equity | ₹0.33 Cr | 0.56% |
| Prestige Estates Projects Ltd | Equity | ₹0.18 Cr | 0.31% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹0.03 Cr | 0.05% |
Allocation By Market Cap (Equity)
Large Cap Stocks
49.94%
Mid Cap Stocks
19.61%
Small Cap Stocks
21.75%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹10.4 Cr | 18.02% |
| Industrials | ₹9.2 Cr | 15.96% |
| Consumer Cyclical | ₹8.87 Cr | 15.38% |
| Technology | ₹7.76 Cr | 13.46% |
| Healthcare | ₹3.43 Cr | 5.95% |
| Communication Services | ₹3.41 Cr | 5.91% |
| Basic Materials | ₹2.87 Cr | 4.98% |
| Energy | ₹2.66 Cr | 4.61% |
| Consumer Defensive | ₹2.45 Cr | 4.25% |
| Utilities | ₹1.25 Cr | 2.16% |
| Real Estate | ₹1.2 Cr | 2.08% |
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
PA
Parijat Agrawal
Since December 2023
HB
Hardick Bora
Since December 2023
SB
Sanjay Bembalkar
Since December 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF582M01JK3 | Expense Ratio | 0.86% | Exit Load | No Charges | Fund Size | ₹58 Cr | Age | 19 Dec 2023 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | S&P BSE 500 |
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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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.
Similar Children Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Magnum Children's Benefit Fund Regular Growth High Risk | 1.2% | 3.0% | ₹120.08 Cr | 22.1% |
| Tata Young Citizens Fund Direct Growth Very High Risk | 2.2% | 1.0% | ₹387.11 Cr | 32.4% |
| Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth Very High Risk | 0.6% | 0.0% | ₹1128.74 Cr | 30.7% |
| Aditya Birla Sun Life Bal Bhavishya Yojna Regular Growth Very High Risk | 2.1% | 0.0% | ₹1128.74 Cr | 28.7% |
| SBI Magnum Children's Benefit Fund- Investment PLan Direct Growth Very High Risk | 0.8% | 3.0% | ₹2693.38 Cr | 48.0% |
| SBI Magnum Children's Benefit Fund- Investment PLan Regular Growth Very High Risk | 1.9% | 3.0% | ₹2693.38 Cr | 46.3% |
| SBI Magnum Children's Benefit Fund Direct Growth High Risk | 0.8% | 3.0% | ₹120.08 Cr | 22.5% |
| Union Children's Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹57.68 Cr | - |
| Union Children's Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹57.68 Cr | - |
About the AMC
Total AUM
₹20,996 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹57.68 Cr | - |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹824.31 Cr | 46.5% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | - | 7.9% |
| Union Small Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹5092.95 Cr | 36.1% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹651.95 Cr | 27.6% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹242.91 Cr | 8.1% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹292.89 Cr | 38.0% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1093.45 Cr | 39.3% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1554.42 Cr | 20.6% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹264.46 Cr | 13.6% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹249.28 Cr | 8.3% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹969.01 Cr | 34.5% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹80.69 Cr | 9.3% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1530.50 Cr | 33.3% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5093.74 Cr | 7.5% |
| Union Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1406.99 Cr | 45.1% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹165.41 Cr | 10.3% |
| Union Largecap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹421.90 Cr | 28.7% |
| Union Retirement Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹149.25 Cr | 35.9% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹349.94 Cr | 8.1% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹245.45 Cr | 6.8% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹426.55 Cr | 26.9% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹179.08 Cr | 7.3% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹860.15 Cr | 35.6% |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Union Children's Fund Direct Growth?
The NAV of Union Children's Fund Direct Growth, as of 17-Sep-2024, is ₹12.76.
What is the portfolio composition of Union Children's Fund Direct Growth?
The fund's allocation of assets is distributed as 92.75% in equities, 0.05% in bonds, and 7.20% in cash and cash equivalents.
Who manages the Union Children's Fund Direct Growth?
The fund managers responsible for Union Children's Fund Direct Growth are:-
- Parijat Agrawal
- 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.