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Fund Overview

Fund Size

Fund Size

₹132 Cr

Expense Ratio

Expense Ratio

0.72%

ISIN

ISIN

INF582M01HW2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

08 Aug 2022

About this fund

Union Gilt Fund Direct Growth is a Government Bond mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 1 years, 9 months and 14 days, having been launched on 08-Aug-22.
As of 21-May-24, it has a Net Asset Value (NAV) of ₹11.32, Assets Under Management (AUM) of 132.34 Crores, and an expense ratio of 0.72%.
  • Union Gilt Fund Direct Growth has given a CAGR return of 7.20% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 97.49% in debts, and 2.51% in cash & cash equivalents.
  • You can start investing in Union Gilt 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

+6.96%

+5.76% (Cat Avg.)

Since Inception

+7.20%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Debt129.02 Cr97.49%
Others3.32 Cr2.51%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.18% Govt Stock 2037Bond - Gov't/Treasury45.21 Cr33.64%
7.23% Govt Stock 2039Bond - Gov't/Treasury35.36 Cr26.31%
7.1% Govt Stock 2034Bond - Gov't/Treasury25.1 Cr18.67%
7.3% Govt Stock 2053Bond - Gov't/Treasury20.32 Cr15.12%
7.25% Govt Stock 2063Bond - Gov't/Treasury5.04 Cr3.75%
Net Receivable / PayableCash - Collateral2.7 Cr2.01%
TrepsCash - Repurchase Agreement0.67 Cr0.50%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Gov't/Treasury131.04 Cr97.49%
Cash - Collateral2.7 Cr2.01%
Cash - Repurchase Agreement0.67 Cr0.50%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

2.41%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.40

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.46

Higher the better

Fund Managers

PA

Parijat Agrawal

Since August 2022

Anindya Sarkar

Anindya Sarkar

Since August 2022

Additional Scheme Detailsas of 15th May 2024

ISININF582M01HW2Expense Ratio0.72%Exit LoadNo ChargesFund Size₹132 CrAge08 Aug 2022Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Dynamic Gilt 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 (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

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 Government Bond Funds

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Nifty 8-13 yr G-Sec ETF

Moderate Risk

0.1%-₹81.51 Cr6.6%
Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight

Low to Moderate Risk

0.2%-₹7459.53 Cr7.0%
Nippon India Gilt Securities Fund Regular Growth

Moderate Risk

1.3%0.0%₹1839.77 Cr6.5%
Tata Gilt Securities Fund Regular Growth

Moderate Risk

1.6%0.0%₹720.40 Cr6.1%
BHARAT Bond ETF April 2033

Moderate Risk

0.0%-₹5611.54 Cr6.8%
Franklin India Government Securities Regular Growth

Moderately High risk

1.1%0.0%₹140.79 Cr5.3%
HDFC Gilt Fund Regular Growth

Moderate Risk

0.9%0.0%₹2402.04 Cr6.7%
UTI Gilt Fund Regular Growth

Moderate Risk

0.9%0.0%₹635.45 Cr6.9%
ICICI Prudential Gilt Fund Regular Growth

Moderate Risk

1.1%0.0%₹6325.16 Cr7.6%
SBI Magnum Gilt Regular Growth

Low to Moderate Risk

0.9%0.0%₹8676.54 Cr6.9%

About the AMC

Total AUM

₹17,553 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%₹44.99 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.9%1.0%₹642.64 Cr-
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-6.6%
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹3964.76 Cr46.4%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹594.14 Cr28.7%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.7%1.0%₹228.45 Cr6.4%
Union Value Discovery Fund Direct Growth

Very High Risk

1.4%1.0%₹237.46 Cr46.6%
Union Multicap Fund Direct Growth

Very High Risk

1.1%1.0%₹893.07 Cr43.1%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹1601.68 Cr20.4%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.8%1.0%₹165.94 Cr14.5%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹179.35 Cr8.2%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.5%0.0%₹875.87 Cr35.7%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.3%1.0%₹112.10 Cr6.1%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2051.30 Cr37.9%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹2875.27 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1139.50 Cr47.9%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹132.34 Cr7.0%
Union Largecap Fund Direct Growth

Very High Risk

1.8%1.0%₹335.49 Cr33.5%
Union Retirement Fund Direct Growth

Very High Risk

1.8%0.0%₹123.72 Cr40.6%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹399.71 Cr6.8%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹226.93 Cr6.8%
Union Focused Fund Direct Growth

Very High Risk

1.6%1.0%₹402.71 Cr31.4%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹183.03 Cr7.2%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹735.02 Cr38.9%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Union Gilt Fund Direct Growth, as of 21-May-2024, is ₹11.32.
The fund's allocation of assets is distributed as 0.00% in equities, 97.49% in bonds, and 2.51% in cash and cash equivalents.
The fund managers responsible for Union Gilt Fund Direct Growth are:-
  1. Parijat Agrawal
  2. Anindya Sarkar