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Fund Overview

Fund Size

Fund Size

₹124 Cr

Expense Ratio

Expense Ratio

2.52%

ISIN

ISIN

INF582M01IM1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

22 Sep 2022

About this fund

Union Retirement Fund Regular Growth is a Retirement mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 1 years and 8 months, having been launched on 22-Sep-22.
As of 21-May-24, it has a Net Asset Value (NAV) of ₹14.10, Assets Under Management (AUM) of 123.72 Crores, and an expense ratio of 2.52%.
  • Union Retirement Fund Regular Growth has given a CAGR return of 22.97% since inception.
  • The fund's asset allocation comprises around 94.57% in equities, 1.48% in debts, and 3.94% in cash & cash equivalents.
  • You can start investing in Union Retirement 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.

1 Year

+38.51%

(Cat Avg.)

Since Inception

+22.97%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity117.01 Cr94.57%
Debt1.83 Cr1.48%
Others4.88 Cr3.94%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Reliance Industries LtdEquity7.28 Cr5.89%
ICICI Bank LtdEquity6.65 Cr5.37%
HDFC Bank LtdEquity6.27 Cr5.07%
TrepsCash - Repurchase Agreement5.06 Cr4.09%
Maruti Suzuki India LtdEquity4.36 Cr3.52%
Larsen & Toubro LtdEquity4.28 Cr3.46%
Bharti Airtel LtdEquity3.73 Cr3.01%
State Bank of IndiaEquity3.53 Cr2.85%
Kesoram Industries LtdEquity3.37 Cr2.73%
Tata Motors Ltd Class AEquity2.75 Cr2.22%
TVS Motor Co LtdEquity2.72 Cr2.20%
Cummins India LtdEquity2.59 Cr2.09%
Zomato LtdEquity2.51 Cr2.03%
Hitachi Energy India Ltd Ordinary SharesEquity2.46 Cr1.98%
Axis Bank LtdEquity2.45 Cr1.98%
Bharat Heavy Electricals LtdEquity2.03 Cr1.64%
Canara BankEquity1.97 Cr1.59%
Varun Beverages LtdEquity1.89 Cr1.53%
Pidilite Industries LtdEquity1.86 Cr1.50%
Embassy Office Parks ReitBond - Asset Backed1.83 Cr1.48%
Central Depository Services (India) LtdEquity1.79 Cr1.44%
Sona BLW Precision Forgings LtdEquity1.66 Cr1.34%
Solar Industries India LtdEquity1.6 Cr1.29%
DOMS Industries LtdEquity1.6 Cr1.29%
PB Fintech LtdEquity1.6 Cr1.29%
Brigade Enterprises LtdEquity1.6 Cr1.29%
Kalyan Jewellers India LtdEquity1.58 Cr1.28%
Tata Steel LtdEquity1.58 Cr1.28%
Tech Mahindra LtdEquity1.52 Cr1.23%
Power Grid Corp Of India LtdEquity1.51 Cr1.22%
Max Financial Services LtdEquity1.5 Cr1.21%
ELANTAS Beck India LtdEquity1.48 Cr1.20%
Alembic Pharmaceuticals LtdEquity1.46 Cr1.18%
Electronics Mart India LtdEquity1.44 Cr1.16%
Dixon Technologies (India) LtdEquity1.41 Cr1.14%
Godrej Properties LtdEquity1.35 Cr1.09%
NTPC LtdEquity1.33 Cr1.07%
Mankind Pharma LtdEquity1.32 Cr1.07%
Shriram Finance LtdEquity1.25 Cr1.01%
Avenue Supermarts LtdEquity1.24 Cr1.00%
Ami Organics LtdEquity1.23 Cr0.99%
Tata Consumer Products LtdEquity1.23 Cr0.99%
Muthoot Finance LtdEquity1.22 Cr0.99%
Ajanta Pharma LtdEquity1.22 Cr0.98%
Jindal Steel & Power LtdEquity1.22 Cr0.98%
Oil & Natural Gas Corp LtdEquity1.22 Cr0.98%
Mrs Bectors Food Specialities Ltd Ordinary SharesEquity1.21 Cr0.98%
Jio Financial Services LtdEquity1.2 Cr0.97%
Glenmark Life Sciences LtdEquity1.13 Cr0.91%
HCL Technologies LtdEquity1.09 Cr0.88%
Tata Consultancy Services LtdEquity1.09 Cr0.88%
Eureka Forbes LtdEquity1.05 Cr0.85%
Kaynes Technology India LtdEquity1.04 Cr0.84%
J.B. Chemicals & Pharmaceuticals LtdEquity1.02 Cr0.82%
Bharti Hexacom LtdEquity1 Cr0.81%
SJS Enterprises LtdEquity0.98 Cr0.79%
Cyient LtdEquity0.9 Cr0.73%
PNC Infratech LtdEquity0.9 Cr0.73%
Godrej Consumer Products LtdEquity0.88 Cr0.71%
Sonata Software LtdEquity0.87 Cr0.70%
JSW Energy LtdEquity0.84 Cr0.68%
Coal India LtdEquity0.78 Cr0.63%
Infosys LtdEquity0.64 Cr0.52%
Sun Pharmaceuticals Industries LtdEquity0.56 Cr0.45%
Net Receivable / PayableCash - Collateral-0.3 Cr0.24%
182 DTB 27062024Bond - Gov't/Treasury0.12 Cr0.10%

Allocation By Market Cap (Equity)

Large Cap Stocks

57.91%

Mid Cap Stocks

15.06%

Small Cap Stocks

21.60%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services29.42 Cr23.78%
Consumer Cyclical17.99 Cr14.54%
Industrials13.34 Cr10.78%
Basic Materials12.35 Cr9.98%
Technology10.13 Cr8.18%
Energy9.27 Cr7.50%
Healthcare6.71 Cr5.42%
Consumer Defensive6.45 Cr5.22%
Communication Services4.73 Cr3.82%
Utilities3.68 Cr2.97%
Real Estate2.95 Cr2.38%

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 January 2023

SB

Sanjay Bembalkar

Since September 2022

Additional Scheme Detailsas of 30th April 2024

ISININF582M01IM1Expense Ratio2.52%Exit LoadNo ChargesFund Size₹124 CrAge22 Sep 2022Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkS&P BSE 500 India 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 Retirement Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Retirement Savings Moderate Fund Regular Growth

Very High Risk

2.0%1.0%₹1977.17 Cr30.9%
Tata Retirement Savings Conservative Fund Regular Growth

Moderately High risk

2.2%1.0%₹165.31 Cr13.8%
Tata Retirement Savings Progressive Fund Regular Growth

Very High Risk

2.0%1.0%₹1835.96 Cr37.1%
Axis Retirement Savings Fund - Aggressive Plan Regular Growth

Very High Risk

2.3%0.0%₹839.31 Cr30.8%
Axis Retirement Savings Fund - Conservative Plan Direct Growth

High Risk

0.7%0.0%₹75.83 Cr19.3%
Axis Retirement Savings Fund - Aggressive Plan Direct Growth

Very High Risk

0.9%0.0%₹839.31 Cr32.6%
Axis Retirement Savings Fund - Dynamic Plan Regular Growth

Very High Risk

2.4%0.0%₹347.27 Cr31.7%
Axis Retirement Savings Fund - Dynamic Plan Direct Growth

Very High Risk

1.6%0.0%₹347.27 Cr33.7%
Axis Retirement Savings Fund - Conservative Plan Regular Growth

High Risk

2.1%0.0%₹75.83 Cr17.6%
Franklin India Pension Plan Regular Growth

Moderately High risk

2.3%3.0%₹500.87 Cr18.9%

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 Very High Risk

Very High Risk
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The NAV of Union Retirement Fund Regular Growth, as of 21-May-2024, is ₹14.10.
The fund's allocation of assets is distributed as 94.57% in equities, 1.48% in bonds, and 3.94% in cash and cash equivalents.
The fund managers responsible for Union Retirement Fund Regular Growth are:-
  1. Hardick Bora
  2. Sanjay Bembalkar