Dezerv

Fund Overview

Fund Size

Fund Size

₹157 Cr

Expense Ratio

Expense Ratio

1.78%

ISIN

ISIN

INF582M01EC1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

06 Aug 2018

About this fund

Union Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 5 years, 8 months and 13 days, having been launched on 06-Aug-18.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹15.95, Assets Under Management (AUM) of 156.51 Crores, and an expense ratio of 1.78%.
  • Union Equity Savings Fund Direct Growth has given a CAGR return of 8.54% since inception.
  • The fund's asset allocation comprises around 34.59% in equities, 4.29% in debts, and 61.13% in cash & cash equivalents.
  • You can start investing in Union Equity Savings 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.

1 Year

+14.75%

+15.00%(Cat. Avg.)

3 Years

+8.20%

+9.27%(Cat. Avg.)

5 Years

+8.70%

+8.76%(Cat. Avg.)

Since Inception

+8.54%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity54.13 Cr34.59%
Debt6.71 Cr4.29%
Others95.67 Cr61.13%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset40.76 Cr35.06%
India (Republic of)Bond - Short-term Government Bills9.97 Cr8.58%
TrepsCash - Repurchase Agreement9.04 Cr7.78%
HDFC Bank LtdEquity5.26 Cr4.52%
National Stock Exchange Of India Ltd. 25-Apr-24Equity Index - Future5.06 Cr4.35%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.98 Cr4.29%
91 DTB 25042024Bond - Gov't/Treasury4.98 Cr4.28%
India (Republic of)Bond - Short-term Government Bills4.95 Cr4.25%
Reliance Industries LtdEquity4.27 Cr3.68%
ICICI Bank LtdEquity3.8 Cr3.27%
Larsen & Toubro LtdEquity3.08 Cr2.65%
Future on HDFC Bank LtdEquity - Future-3.05 Cr2.63%
NTPC LtdEquity2.68 Cr2.30%
Coal India LtdEquity2.61 Cr2.25%
State Bank of IndiaEquity2.46 Cr2.12%
Future on Kotak Mahindra Bank LtdEquity - Future-2.3 Cr1.98%
Kotak Mahindra Bank LtdEquity2.29 Cr1.97%
Future on DLF LtdEquity - Future-2.23 Cr1.92%
Sun Pharmaceuticals Industries LtdEquity2.23 Cr1.92%
DLF LtdEquity2.22 Cr1.91%
Future on Coal India LtdEquity - Future-2.21 Cr1.90%
Future on Grasim Industries LtdEquity - Future-2.08 Cr1.79%
Grasim Industries LtdEquity2.07 Cr1.78%
ITC LtdEquity1.99 Cr1.71%
Bharat Petroleum Corp LtdEquity1.93 Cr1.66%
Future on Tata Power Co LtdEquity - Future-1.88 Cr1.61%
Tata Power Co LtdEquity1.86 Cr1.60%
Future on InterGlobe Aviation LtdEquity - Future-1.82 Cr1.57%
InterGlobe Aviation LtdEquity1.81 Cr1.56%
Hindalco Industries LtdEquity1.81 Cr1.56%
Oil & Natural Gas Corp LtdEquity1.76 Cr1.52%
Maruti Suzuki India LtdEquity1.67 Cr1.44%
Future on Bharat Petroleum Corp LtdEquity - Future-1.64 Cr1.41%
Bharti Airtel LtdEquity1.63 Cr1.40%
Tata Consultancy Services LtdEquity1.63 Cr1.40%
Future on NTPC LtdEquity - Future-1.62 Cr1.40%
Axis Bank LtdEquity1.58 Cr1.36%
Future on ICICI Bank LtdEquity - Future-1.54 Cr1.33%
Infosys LtdEquity1.54 Cr1.32%
Future on Jindal Steel & Power LtdEquity - Future-1.49 Cr1.28%
Jindal Steel & Power LtdEquity1.49 Cr1.28%
Future on Oil & Natural Gas Corp LtdEquity - Future-1.45 Cr1.25%
Future on Hindalco Industries LtdEquity - Future-1.42 Cr1.22%
Future on Maruti Suzuki India LtdEquity - Future-1.39 Cr1.20%
Future on Bharat Electronics LtdEquity - Future-1.39 Cr1.20%
Future on Divi's Laboratories LtdEquity - Future-1.39 Cr1.19%
Future on ITC LtdEquity - Future-1.38 Cr1.19%
Bharat Electronics LtdEquity1.38 Cr1.19%
Divi's Laboratories LtdEquity1.38 Cr1.19%
Future on Granules India LtdEquity - Future-1.3 Cr1.12%
Granules India LtdEquity1.29 Cr1.11%
Future on Reliance Industries LtdEquity - Future-1.27 Cr1.09%
Net Receivable / PayableCash - Collateral1.25 Cr1.07%
Tata Motors Ltd Class AEquity1.21 Cr1.04%
Future on United Spirits LtdEquity - Future-1.2 Cr1.03%
United Spirits LtdEquity1.19 Cr1.02%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-1.19 Cr1.02%
Adani Ports & Special Economic Zone LtdEquity1.18 Cr1.02%
Future on Tata Consultancy Services LtdEquity - Future-1.09 Cr0.94%
Future on Bajaj Finserv LtdEquity - Future-1.08 Cr0.93%
Bajaj Finserv LtdEquity1.07 Cr0.92%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-1.03 Cr0.88%
Future on Larsen & Toubro LtdEquity - Future-1.02 Cr0.88%
Future on State Bank of IndiaEquity - Future-1.02 Cr0.88%
Future on Vedanta LtdEquity - Future-1.01 Cr0.87%
Vedanta LtdEquity1 Cr0.86%
Future on Axis Bank LtdEquity - Future-0.99 Cr0.85%
Future on Hindustan Unilever LtdEquity - Future-0.96 Cr0.82%
Hindustan Unilever LtdEquity0.95 Cr0.82%
HCL Technologies LtdEquity0.92 Cr0.79%
Future on ACC LtdEquity - Future-0.9 Cr0.78%
ACC LtdEquity0.9 Cr0.77%
Tata Consumer Products LtdEquity0.84 Cr0.72%
TVS Motor Co LtdEquity0.81 Cr0.70%
Future on Glenmark Pharmaceuticals LtdEquity - Future-0.7 Cr0.60%
Glenmark Pharmaceuticals LtdEquity0.69 Cr0.60%
Varun Beverages LtdEquity0.69 Cr0.59%
Mankind Pharma LtdEquity0.68 Cr0.58%
Bajaj Auto LtdEquity0.67 Cr0.58%
Jio Financial Services LtdEquity0.67 Cr0.58%
Future on NMDC LtdEquity - Future-0.64 Cr0.55%
NMDC LtdEquity0.64 Cr0.55%
Zomato LtdEquity0.62 Cr0.53%
SBI Life Insurance Company LimitedEquity0.61 Cr0.53%
Max Healthcare Institute Ltd Ordinary SharesEquity0.54 Cr0.46%
Phoenix Mills LtdEquity0.51 Cr0.44%
Shriram Finance LtdEquity0.51 Cr0.44%
PB Fintech LtdEquity0.49 Cr0.42%
Titan Co LtdEquity0.47 Cr0.40%
Cipla LtdEquity0.45 Cr0.38%
Sona BLW Precision Forgings LtdEquity0.44 Cr0.38%
Nestle India LtdEquity0.44 Cr0.38%
Godrej Properties LtdEquity0.44 Cr0.37%
CG Power & Industrial Solutions LtdEquity0.42 Cr0.36%
ABB India LtdEquity0.4 Cr0.35%
Abbott India LtdEquity0.4 Cr0.35%
Tech Mahindra LtdEquity0.36 Cr0.31%
Power Grid Corp Of India LtdEquity0.33 Cr0.28%
Gabriel India LtdEquity0.25 Cr0.21%
KFin Technologies LtdEquity0.22 Cr0.19%
Electronics Mart India LtdEquity0.22 Cr0.19%
Cyient LtdEquity0.22 Cr0.19%
Central Depository Services (India) LtdEquity0.21 Cr0.18%
Ethos LtdEquity0.2 Cr0.18%
Sonata Software LtdEquity0.2 Cr0.17%
Gokaldas Exports LtdEquity0.2 Cr0.17%
182 DTB 27062024Bond - Gov't/Treasury0.12 Cr0.10%
Future on SBI Life Insurance Company LimitedEquity - Future-0.11 Cr0.10%

Allocation By Market Cap (Equity)

Large Cap Stocks

47.44%

Mid Cap Stocks

12.31%

Small Cap Stocks

7.81%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services18.94 Cr16.29%
Energy10.58 Cr9.10%
Industrials8.49 Cr7.30%
Basic Materials7.9 Cr6.80%
Healthcare7.66 Cr6.59%
Consumer Cyclical6.76 Cr5.82%
Consumer Defensive6.1 Cr5.25%
Utilities4.87 Cr4.19%
Technology4.87 Cr4.19%
Real Estate3.16 Cr2.72%
Communication Services1.63 Cr1.40%

Risk & Performance Ratios

Standard Deviation

This fund

4.18%

Cat. avg.

4.68%

Lower the better

Sharpe Ratio

This fund

0.66

Cat. avg.

0.80

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.58

Higher the better

Fund Managers

PA

Parijat Agrawal

Since August 2018

HB

Hardick Bora

Since August 2018

SB

Sanjay Bembalkar

Since January 2023

Additional Scheme Detailsas of 31st March 2024

ISININF582M01EC1Expense Ratio1.78%Exit Load1.00%Fund Size₹157 CrAge06 Aug 2018Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCrisil Equity Savings Index 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 Equity Savings Funds

Fund nameExpense RatioExit LoadFund size
1Y
Kotak Equity Savings Fund Direct Growth

Moderate Risk

0.7%1.0%₹4813.24 Cr20.2%
Kotak Equity Savings Fund Regular Growth

Moderate Risk

1.9%1.0%₹4813.24 Cr19.0%
Edelweiss Equity Savings Fund Regular Growth

Moderate Risk

1.6%0.0%₹372.41 Cr16.5%
Edelweiss Equity Savings Fund Direct Growth

Moderate Risk

0.9%0.0%₹372.41 Cr17.7%
Baroda BNP Paribas Equity Savings Fund Regular Growth

Moderately High risk

2.5%1.0%₹407.21 Cr15.9%
Baroda BNP Paribas Equity Savings Fund Direct Growth

Moderately High risk

1.5%1.0%₹407.21 Cr17.1%
Tata Equity Savings Fund Regular Growth

Moderately High risk

1.1%0.0%₹137.57 Cr14.9%
Bandhan Equity Savings Fund Regular Growth

Low to Moderate Risk

1.4%0.0%₹106.02 Cr10.9%
PGIM India Equity Savings Fund Regular Growth

Low to Moderate Risk

1.3%0.0%₹90.35 Cr9.1%
Sundaram Equity Savings Fund Regular Growth

Moderately High risk

2.2%0.0%₹741.55 Cr20.1%

About the AMC

Total AUM

₹17,141 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

0.7%0.0%₹42.54 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.9%1.0%₹600.98 Cr-
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-6.8%
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹3669.91 Cr45.4%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹591.13 Cr28.9%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.7%1.0%₹226.58 Cr6.5%
Union Value Discovery Fund Direct Growth

Very High Risk

1.4%1.0%₹226.87 Cr43.1%
Union Multicap Fund Direct Growth

Very High Risk

1.1%1.0%₹832.45 Cr42.4%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹1608.71 Cr19.7%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.8%1.0%₹156.51 Cr14.7%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹156.38 Cr8.4%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.5%0.0%₹846.64 Cr36.7%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.3%1.0%₹113.25 Cr6.3%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1986.67 Cr38.6%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹2061.08 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1064.70 Cr45.8%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹133.90 Cr6.8%
Union Largecap Fund Direct Growth

Very High Risk

1.8%1.0%₹318.76 Cr34.0%
Union Retirement Fund Direct Growth

Very High Risk

1.8%0.0%₹120.24 Cr40.6%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹441.48 Cr6.9%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹156.89 Cr6.8%
Union Focused Fund Direct Growth

Very High Risk

1.6%1.0%₹388.31 Cr31.4%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.26 Cr7.2%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹705.70 Cr37.4%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Union Equity Savings Fund Direct Growth, as of 18-Apr-2024, is ₹15.95.
The fund has generated 14.75% over the last 1 year and 8.20% 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 34.59% in equities, 4.29% in bonds, and 61.13% in cash and cash equivalents.
The fund managers responsible for Union Equity Savings Fund Direct Growth are:-
  1. Parijat Agrawal
  2. Hardick Bora
  3. Sanjay Bembalkar