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Fund Overview

Fund Size

Fund Size

₹860 Cr

Expense Ratio

Expense Ratio

0.96%

ISIN

ISIN

INF582M01JY4

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

10 Sep 2024

About this fund

This fund has been in existence for 2 months and 27 days, having been launched on 10-Sep-24.
As of 06-Dec-24, it has a Net Asset Value (NAV) of ₹10.13, Assets Under Management (AUM) of 859.62 Crores, and an expense ratio of 0.96%.
  • Union Multi Asset Allocation Fund Direct Growth has given a CAGR return of 1.30% since inception.
  • The fund's asset allocation comprises around 56.63% in equities, 7.01% in debts, and 14.33% in cash & cash equivalents.
  • You can start investing in Union Multi Asset Allocation 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

+1.30%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity486.79 Cr56.63%
Debt60.27 Cr7.01%
Others312.55 Cr36.36%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset86.9 Cr10.11%
ICICI Pru Gold ETFMutual Fund - ETF82.53 Cr9.60%
HDFC Gold ETFMutual Fund - ETF82.4 Cr9.59%
HDFC Bank LtdEquity37.96 Cr4.42%
Bharti Airtel LtdEquity29.43 Cr3.42%
ICICI Bank LtdEquity28.17 Cr3.28%
SBI Gold ETFMutual Fund - ETF27.48 Cr3.20%
Reliance Industries LtdEquity25.78 Cr3.00%
Power Finance Corporation Ltd.Bond - Corporate Bond25.12 Cr2.92%
Indian Railway Finance Corporation LimitedBond - Corporate Bond25.12 Cr2.92%
TrepsCash - Repurchase Agreement22.97 Cr2.67%
Infosys LtdEquity22.32 Cr2.60%
ITC LtdEquity22.06 Cr2.57%
Axis Bank LtdEquity20.68 Cr2.41%
191 DTB 12/12/2024Bond - Gov't/Treasury14.89 Cr1.73%
Bajaj Finance LtdEquity14.64 Cr1.70%
Hindustan Unilever LtdEquity13.91 Cr1.62%
NTPC LtdEquity12.63 Cr1.47%
State Bank of IndiaEquity12.11 Cr1.41%
Larsen & Toubro LtdEquity11.59 Cr1.35%
Sun Pharmaceuticals Industries LtdEquity11.09 Cr1.29%
Tata Consultancy Services LtdEquity10.71 Cr1.25%
Axis Bank Ltd.Bond - Corporate Bond-10.37 Cr1.21%
Power Finance Corporation Ltd.Bond - Corporate Bond10.03 Cr1.17%
Future on Reliance Industries LtdEquity - Future-9.84 Cr1.14%
Future on Bharti Airtel LtdEquity - Future-9.33 Cr1.09%
Mankind Pharma LtdEquity8.8 Cr1.02%
Future on Tata Motors LtdEquity - Future-8.64 Cr1.00%
Tata Motors LtdEquity8.58 Cr1.00%
Future on HDFC Bank LtdEquity - Future-8.27 Cr0.96%
HCL Technologies LtdEquity8.12 Cr0.95%
Voltas LtdEquity8.03 Cr0.93%
Future on Hindustan Unilever LtdEquity - Future-8.01 Cr0.93%
Lupin LtdEquity7.74 Cr0.90%
Trent LtdEquity7.13 Cr0.83%
Ipca Laboratories LtdEquity6.5 Cr0.76%
Info Edge (India) LtdEquity6.47 Cr0.75%
Blue Star LtdEquity6.36 Cr0.74%
KFin Technologies LtdEquity6.18 Cr0.72%
KEC International LtdEquity5.97 Cr0.69%
JK Cement LtdEquity5.84 Cr0.68%
LTIMindtree LtdEquity5.71 Cr0.66%
Future on Bajaj Auto LtdEquity - Future-5.71 Cr0.66%
Bajaj Auto LtdEquity5.68 Cr0.66%
Pidilite Industries LtdEquity5.66 Cr0.66%
Shriram Finance LtdEquity5.65 Cr0.66%
Mphasis LtdEquity5.53 Cr0.64%
Future on Vedanta LtdEquity - Future-5.47 Cr0.64%
KEI Industries LtdEquity5.47 Cr0.64%
Vedanta LtdEquity5.44 Cr0.63%
Max Financial Services LtdEquity5.38 Cr0.63%
Kirloskar Oil Engines LtdEquity5.31 Cr0.62%
JSW Energy LtdEquity5.28 Cr0.61%
InterGlobe Aviation LtdEquity5.27 Cr0.61%
Zomato LtdEquity5.25 Cr0.61%
TVS Motor Co LtdEquity5.24 Cr0.61%
SBI Life Insurance Co LtdEquity5.19 Cr0.60%
Crompton Greaves Consumer Electricals LtdEquity5.16 Cr0.60%
Jubilant Foodworks LtdEquity5.14 Cr0.60%
Kirloskar Pneumatic Co LtdEquity5.09 Cr0.59%
Future on ITC LtdEquity - Future-5.03 Cr0.58%
91 DTB 03012025Bond - Gov't/Treasury4.94 Cr0.58%
Nippon Life India Asset Management Ltd Ordinary SharesEquity4.82 Cr0.56%
Persistent Systems LtdEquity4.73 Cr0.55%
Future on Bajaj Finance LtdEquity - Future-4.68 Cr0.54%
V-Mart Retail LtdEquity4.64 Cr0.54%
Gokaldas Exports LtdEquity4.61 Cr0.54%
Future on Kotak Mahindra Bank LtdEquity - Future-4.53 Cr0.53%
Glenmark Life Sciences LtdEquity4.52 Cr0.53%
Kotak Mahindra Bank LtdEquity4.5 Cr0.52%
United Spirits LtdEquity4.49 Cr0.52%
Hindustan Petroleum Corp LtdEquity4.43 Cr0.51%
Max Healthcare Institute Ltd Ordinary SharesEquity4.41 Cr0.51%
Kalyan Jewellers India LtdEquity4.4 Cr0.51%
Alkem Laboratories LtdEquity4.33 Cr0.50%
Quess Corp LtdEquity4.25 Cr0.49%
Karur Vysya Bank LtdEquity4.12 Cr0.48%
JK Lakshmi Cement LtdEquity4.07 Cr0.47%
DOMS Industries LtdEquity3.93 Cr0.46%
Bharat Electronics LtdEquity3.9 Cr0.45%
Cholamandalam Investment and Finance Co LtdEquity3.9 Cr0.45%
Sumitomo Chemical India Ltd Ordinary SharesEquity3.87 Cr0.45%
Muthoot Finance LtdEquity3.84 Cr0.45%
Varun Beverages LtdEquity3.71 Cr0.43%
Elgi Equipments LtdEquity3.61 Cr0.42%
Maruti Suzuki India LtdEquity3.6 Cr0.42%
Greenply Industries LtdEquity3.55 Cr0.41%
Hero MotoCorp LtdEquity3.49 Cr0.41%
Britannia Industries LtdEquity3.44 Cr0.40%
Jindal Steel & Power LtdEquity3.41 Cr0.40%
CG Power & Industrial Solutions LtdEquity3.17 Cr0.37%
Future on NTPC LtdEquity - Future-2.89 Cr0.34%
Future on Voltas LtdEquity - Future-2.79 Cr0.32%
ABB India LtdEquity2.08 Cr0.24%
Future on Infosys LtdEquity - Future-1.34 Cr0.16%
Torrent Power LtdEquity1.26 Cr0.15%
Net Receivable / PayableCash - Collateral0.8 Cr0.09%

Allocation By Market Cap (Equity)

Large Cap Stocks

38.14%

Mid Cap Stocks

11.06%

Small Cap Stocks

8.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services150.96 Cr17.56%
Industrials74.03 Cr8.61%
Technology63.3 Cr7.36%
Consumer Cyclical62.92 Cr7.32%
Consumer Defensive47.6 Cr5.54%
Healthcare47.4 Cr5.51%
Communication Services35.9 Cr4.18%
Basic Materials31.84 Cr3.70%
Energy30.2 Cr3.51%
Utilities19.17 Cr2.23%

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

Anindya Sarkar

Anindya Sarkar

Since September 2024

SB

Sanjay Bembalkar

Since September 2024

Vinod Malviya

Vinod Malviya

Since November 2024

Additional Scheme Detailsas of 31st October 2024

ISIN
INF582M01JY4
Expense Ratio
0.96%
Exit Load
1.00%
Fund Size
₹860 Cr
Age
2 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth

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Nippon India Multi Asset fund Direct Growth

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Nippon India Multi Asset fund Regular Growth

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SBI Multi Asset Allocation Fund Regular Growth

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Quant Multi Asset Fund Regular Growth

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UTI Multi Asset Fund Regular Growth

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ICICI Prudential Multi-Asset Fund Regular Growth

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1.5%1.0%₹50648.49 Cr21.5%
HDFC Multi - Asset Fund Regular Growth

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1.9%1.0%₹3759.76 Cr18.1%
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Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Union Multi Asset Allocation Fund Direct Growth, as of 06-Dec-2024, is ₹10.13.
The fund's allocation of assets is distributed as 56.63% in equities, 7.01% in bonds, and 14.33% in cash and cash equivalents.
The fund managers responsible for Union Multi Asset Allocation Fund Direct Growth are:-
  1. Anindya Sarkar
  2. Sanjay Bembalkar
  3. Vinod Malviya