Dezerv

Fund Overview

Fund Size

Fund Size

₹643 Cr

Expense Ratio

Expense Ratio

2.39%

ISIN

ISIN

INF582M01JA4

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

06 Sep 2023

About this fund

Union Innovation & Opportunities Fund Regular Growth is a Global - Other mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 8 months and 16 days, having been launched on 06-Sep-23.
As of 21-May-24, it has a Net Asset Value (NAV) of ₹11.82, Assets Under Management (AUM) of 642.64 Crores, and an expense ratio of 2.39%.
  • Union Innovation & Opportunities Fund Regular Growth has given a CAGR return of 18.20% since inception.
  • The fund's asset allocation comprises around 91.80% in equities, 0.00% in debts, and 8.20% in cash & cash equivalents.
  • You can start investing in Union Innovation & Opportunities 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.

Since Inception

+18.20%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity589.97 Cr91.80%
Others52.67 Cr8.20%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement53.74 Cr8.36%
Info Edge (India) LtdEquity29.63 Cr4.61%
Zomato LtdEquity27.7 Cr4.31%
Dixon Technologies (India) LtdEquity19.65 Cr3.06%
Phoenix Mills LtdEquity19.41 Cr3.02%
JSW Energy LtdEquity16.75 Cr2.61%
Delhivery LtdEquity16.69 Cr2.60%
PB Fintech LtdEquity16.44 Cr2.56%
Hitachi Energy India Ltd Ordinary SharesEquity16.33 Cr2.54%
KFin Technologies LtdEquity16.3 Cr2.54%
Tata Motors LtdEquity15.93 Cr2.48%
FSN E-Commerce Ventures LtdEquity15.52 Cr2.41%
CG Power & Industrial Solutions LtdEquity14.86 Cr2.31%
CE Info Systems LtdEquity14.71 Cr2.29%
Sona BLW Precision Forgings LtdEquity14.64 Cr2.28%
Max Healthcare Institute Ltd Ordinary SharesEquity13.97 Cr2.17%
Trent LtdEquity13.59 Cr2.12%
Varun Beverages LtdEquity13.57 Cr2.11%
IndiaMART InterMESH LtdEquity13.54 Cr2.11%
Honasa Consumer LtdEquity13.4 Cr2.08%
ABB India LtdEquity13.3 Cr2.07%
Sonata Software LtdEquity12.99 Cr2.02%
TVS Motor Co LtdEquity12.98 Cr2.02%
Tube Investments of India Ltd Ordinary SharesEquity12.9 Cr2.01%
Saregama India LtdEquity12.62 Cr1.96%
Ami Organics LtdEquity12.55 Cr1.95%
SJS Enterprises LtdEquity12.3 Cr1.91%
Data Patterns (India) LtdEquity10.45 Cr1.63%
Glenmark Life Sciences LtdEquity10.23 Cr1.59%
KPIT Technologies LtdEquity10.22 Cr1.59%
Rainbow Childrens Medicare LtdEquity9.82 Cr1.53%
Kaynes Technology India LtdEquity9.59 Cr1.49%
Motherson Sumi Wiring India LtdEquity9.24 Cr1.44%
Angel One Ltd Ordinary SharesEquity9.14 Cr1.42%
Home First Finance Co India Ltd ---Equity9.14 Cr1.42%
Jio Financial Services LtdEquity9.05 Cr1.41%
Ethos LtdEquity9 Cr1.40%
Neogen Chemicals LtdEquity8.99 Cr1.40%
Equitas Small Finance Bank Ltd Ordinary SharesEquity8.9 Cr1.38%
Syrma SGS Technology LtdEquity7.62 Cr1.19%
Krishna Institute of Medical Sciences LtdEquity7.23 Cr1.12%
Tata Power Co LtdEquity7.05 Cr1.10%
Spandana Sphoorty Financial LtdEquity6.31 Cr0.98%
Bharat Electronics LtdEquity6.22 Cr0.97%
Cholamandalam Investment and Finance Co LtdEquity5.73 Cr0.89%
Avantel LtdEquity5.69 Cr0.88%
Devyani International LtdEquity5.5 Cr0.86%
Quick Heal Technologies LtdEquity4.73 Cr0.74%
Nazara Technologies LtdEquity4.53 Cr0.71%
L&T Technology Services LtdEquity3.32 Cr0.52%
Net Receivable / PayableCash - Collateral-1.73 Cr0.27%
182 DTB 27062024Bond - Gov't/Treasury0.66 Cr0.10%

Allocation By Market Cap (Equity)

Large Cap Stocks

21.48%

Mid Cap Stocks

34.12%

Small Cap Stocks

36.21%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical136.41 Cr21.23%
Technology111.55 Cr17.36%
Industrials84.01 Cr13.07%
Financial Services64.71 Cr10.07%
Communication Services60.31 Cr9.39%
Healthcare41.25 Cr6.42%
Consumer Defensive26.97 Cr4.20%
Utilities23.8 Cr3.70%
Basic Materials21.54 Cr3.35%
Real Estate19.41 Cr3.02%

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 September 2023

SB

Sanjay Bembalkar

Since September 2023

Additional Scheme Detailsas of 30th April 2024

ISININF582M01JA4Expense Ratio2.39%Exit Load1.00%Fund Size₹643 CrAge06 Sep 2023Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 500 Index TR IDR

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 Global - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
Aditya Birla Sun Life Commodity Equity Global Agricultural Regular Growth

Very High Risk

1.7%1.0%₹13.04 Cr-3.0%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Regular Growth

Very High Risk

2.0%1.0%₹6.31 Cr18.4%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.6%1.0%₹6.31 Cr19.0%
Franklin Asian Equity Fund Regular Growth

Very High Risk

2.5%1.0%₹231.17 Cr7.6%
DSP Global Innovation Fund of Fund Direct Growth

Very High Risk

1.1%0.0%₹753.67 Cr46.4%
DSP Global Innovation Fund of Fund Regular Growth

Very High Risk

2.0%0.0%₹753.67 Cr45.1%
Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth

Very High Risk

2.0%0.0%₹258.85 Cr26.1%
Edelweiss US Value Equity Offshore Fund Regular Growth

Very High Risk

2.3%1.0%₹101.38 Cr20.7%
Edelweiss US Value Equity Offshore Fund Direct Growth

Very High Risk

1.4%1.0%₹101.38 Cr21.8%
ICICI Prudential Global Advantage Fund (FOF) Regular Growth

Very High Risk

2.4%1.0%₹297.65 Cr15.8%

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 Very High Risk

Very High Risk
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The NAV of Union Innovation & Opportunities Fund Regular Growth, as of 21-May-2024, is ₹11.82.
The fund's allocation of assets is distributed as 91.80% in equities, 0.00% in bonds, and 8.20% in cash and cash equivalents.
The fund managers responsible for Union Innovation & Opportunities Fund Regular Growth are:-
  1. Hardick Bora
  2. Sanjay Bembalkar