Fund Overview
Fund Size
₹237 Cr
Expense Ratio
1.37%
ISIN
INF582M01EK4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
05 Dec 2018
About this fund
Union Value Discovery Fund Direct Growth is a Value mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 5 years, 5 months and 13 days, having been launched on 05-Dec-18.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹26.44, Assets Under Management (AUM) of 237.46 Crores, and an expense ratio of 1.37%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹26.44, Assets Under Management (AUM) of 237.46 Crores, and an expense ratio of 1.37%.
- Union Value Discovery Fund Direct Growth has given a CAGR return of 19.54% since inception.
- The fund's asset allocation comprises around 93.18% in equities, 1.47% in debts, and 5.35% in cash & cash equivalents.
- You can start investing in Union Value Discovery 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
+44.40%
+45.07% (Cat Avg.)
3 Years
+23.31%
+22.02% (Cat Avg.)
5 Years
+20.70%
+19.78% (Cat Avg.)
Since Inception
+19.54%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹221.27 Cr | 93.18% |
| Debt | ₹3.49 Cr | 1.47% |
| Others | ₹12.7 Cr | 5.35% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹14.85 Cr | 6.25% |
| HDFC Bank Ltd | Equity | ₹14.13 Cr | 5.95% |
| ICICI Bank Ltd | Equity | ₹13.11 Cr | 5.52% |
| Reliance Industries Ltd | Equity | ₹11.74 Cr | 4.94% |
| State Bank of India | Equity | ₹9.09 Cr | 3.83% |
| Bharti Airtel Ltd | Equity | ₹8.47 Cr | 3.57% |
| Maruti Suzuki India Ltd | Equity | ₹8.2 Cr | 3.45% |
| Quess Corp Ltd | Equity | ₹5.38 Cr | 2.27% |
| Tata Steel Ltd | Equity | ₹5.33 Cr | 2.24% |
| Glenmark Life Sciences Ltd | Equity | ₹5.22 Cr | 2.20% |
| NTPC Ltd | Equity | ₹4.65 Cr | 1.96% |
| Muthoot Finance Ltd | Equity | ₹4.53 Cr | 1.91% |
| Larsen & Toubro Ltd | Equity | ₹4.49 Cr | 1.89% |
| Axis Bank Ltd | Equity | ₹3.85 Cr | 1.62% |
| Infosys Ltd | Equity | ₹3.84 Cr | 1.62% |
| HCL Technologies Ltd | Equity | ₹3.69 Cr | 1.55% |
| Karur Vysya Bank Ltd | Equity | ₹3.67 Cr | 1.55% |
| Alembic Pharmaceuticals Ltd | Equity | ₹3.63 Cr | 1.53% |
| Power Grid Corp Of India Ltd | Equity | ₹3.62 Cr | 1.53% |
| Godrej Properties Ltd | Equity | ₹3.59 Cr | 1.51% |
| Canara Bank | Equity | ₹3.59 Cr | 1.51% |
| Oil India Ltd | Equity | ₹3.53 Cr | 1.49% |
| Embassy Office Parks Reit | Bond - Asset Backed | ₹3.49 Cr | 1.47% |
| Tata Consultancy Services Ltd | Equity | ₹3.44 Cr | 1.45% |
| Oil & Natural Gas Corp Ltd | Equity | ₹3.42 Cr | 1.44% |
| Eureka Forbes Ltd | Equity | ₹3.38 Cr | 1.42% |
| Tech Mahindra Ltd | Equity | ₹3.29 Cr | 1.38% |
| SJS Enterprises Ltd | Equity | ₹3.23 Cr | 1.36% |
| Jindal Steel & Power Ltd | Equity | ₹3.21 Cr | 1.35% |
| Kesoram Industries Ltd | Equity | ₹3.14 Cr | 1.32% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.03 Cr | 1.28% |
| Coal India Ltd | Equity | ₹3.01 Cr | 1.27% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹2.96 Cr | 1.25% |
| Shriram Finance Ltd | Equity | ₹2.93 Cr | 1.24% |
| Bharat Electronics Ltd | Equity | ₹2.92 Cr | 1.23% |
| National Aluminium Co Ltd | Equity | ₹2.89 Cr | 1.22% |
| Exide Industries Ltd | Equity | ₹2.83 Cr | 1.19% |
| PNC Infratech Ltd | Equity | ₹2.83 Cr | 1.19% |
| Dhanuka Agritech Ltd | Equity | ₹2.79 Cr | 1.18% |
| V-Mart Retail Ltd | Equity | ₹2.72 Cr | 1.14% |
| Tata Chemicals Ltd | Equity | ₹2.57 Cr | 1.08% |
| Hero MotoCorp Ltd | Equity | ₹2.5 Cr | 1.05% |
| Prestige Estates Projects Ltd | Equity | ₹2.48 Cr | 1.05% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹2.43 Cr | 1.02% |
| Coromandel International Ltd | Equity | ₹2.42 Cr | 1.02% |
| Bharat Heavy Electricals Ltd | Equity | ₹2.37 Cr | 1.00% |
| Hindalco Industries Ltd | Equity | ₹2.32 Cr | 0.98% |
| Net Receivable / Payable | Cash - Collateral | ₹-2.3 Cr | 0.97% |
| Cipla Ltd | Equity | ₹2.28 Cr | 0.96% |
| Jindal Stainless Ltd | Equity | ₹2.26 Cr | 0.95% |
| Quick Heal Technologies Ltd | Equity | ₹2.22 Cr | 0.94% |
| Godrej Consumer Products Ltd | Equity | ₹2.2 Cr | 0.92% |
| Max Financial Services Ltd | Equity | ₹2.07 Cr | 0.87% |
| Gabriel India Ltd | Equity | ₹1.98 Cr | 0.83% |
| TVS Holdings Ltd | Equity | ₹1.91 Cr | 0.81% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹1.78 Cr | 0.75% |
| Puravankara Ltd | Equity | ₹1.72 Cr | 0.72% |
| Gujarat Gas Ltd | Equity | ₹1.64 Cr | 0.69% |
| Cyient Ltd | Equity | ₹1.45 Cr | 0.61% |
| Tata Motors Ltd Class A | Equity | ₹1.23 Cr | 0.52% |
| Angel One Ltd Ordinary Shares | Equity | ₹1.11 Cr | 0.47% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹0.96 Cr | 0.40% |
| 182 DTB 27062024 | Bond - Gov't/Treasury | ₹0.15 Cr | 0.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
56.26%
Mid Cap Stocks
13.96%
Small Cap Stocks
22.96%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹58.09 Cr | 24.46% |
| Basic Materials | ₹26.93 Cr | 11.34% |
| Consumer Cyclical | ₹24.6 Cr | 10.36% |
| Industrials | ₹24.24 Cr | 10.21% |
| Energy | ₹21.71 Cr | 9.14% |
| Technology | ₹19.85 Cr | 8.36% |
| Healthcare | ₹16.53 Cr | 6.96% |
| Utilities | ₹9.91 Cr | 4.17% |
| Communication Services | ₹9.42 Cr | 3.97% |
| Real Estate | ₹7.8 Cr | 3.28% |
| Consumer Defensive | ₹2.2 Cr | 0.92% |
Risk & Performance Ratios
Standard Deviation
This fund
12.63%
Cat. avg.
13.30%
Lower the better
Sharpe Ratio
This fund
1.36
Cat. avg.
1.18
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.28
Higher the better
Fund Managers
HB
Hardick Bora
Since January 2023
SB
Sanjay Bembalkar
Since June 2021
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF582M01EK4 | Expense Ratio | 1.37% | Exit Load | 1.00% | Fund Size | ₹237 Cr | Age | 05 Dec 2018 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | S&P BSE 500 India TR INR |
|---|
Investment 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 Value Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Groww Value Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹18.86 Cr | 40.2% |
| Groww Value Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹18.86 Cr | 41.9% |
| ICICI Prudential Nifty50 Value 20 ETF Very High Risk | 0.3% | - | ₹128.26 Cr | 34.4% |
| Motilal Oswal S&P BSE Enhanced Value ETF Very High Risk | 0.3% | - | ₹61.10 Cr | 96.2% |
| Tata Equity P/E Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7753.52 Cr | 49.4% |
| Templeton India Value Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1922.69 Cr | 44.2% |
| Kotak Nifty 50 Value 20 ETF Very High Risk | 0.1% | - | ₹65.68 Cr | 34.7% |
| HDFC Capital Builder Value Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6762.91 Cr | 42.5% |
| UTI Value Opportunities Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8931.67 Cr | 38.8% |
| Nippon India Value Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹7523.32 Cr | 57.3% |
About the AMC
Total AUM
₹17,553 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund 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 Cr | 46.2% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹594.14 Cr | 28.9% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹226.81 Cr | 6.2% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹237.46 Cr | 44.4% |
| Union Multicap Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹893.07 Cr | 42.0% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹1601.68 Cr | 20.1% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.8% | 1.0% | ₹165.94 Cr | 14.5% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹179.35 Cr | 8.4% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.5% | 0.0% | ₹875.87 Cr | 35.9% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.3% | 1.0% | ₹111.24 Cr | 5.8% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹2051.30 Cr | 37.8% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹2479.02 Cr | 7.4% |
| Union Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1139.50 Cr | 46.3% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹132.34 Cr | 6.6% |
| Union Largecap Fund Direct Growth Very High Risk | 1.8% | 1.0% | ₹335.49 Cr | 33.4% |
| Union Retirement Fund Direct Growth Very High Risk | 1.8% | 0.0% | ₹123.72 Cr | 40.8% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹411.46 Cr | 6.7% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹157.87 Cr | 6.8% |
| Union Focused Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹402.71 Cr | 31.7% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹168.68 Cr | 7.1% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹735.02 Cr | 38.2% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Union Value Discovery Fund Direct Growth?
The NAV of Union Value Discovery Fund Direct Growth, as of 17-May-2024, is ₹26.44.
What are the returns of Union Value Discovery Fund Direct Growth?
The fund has generated 44.40% over the last 1 year and 23.31% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Value Discovery Fund Direct Growth?
The fund's allocation of assets is distributed as 93.18% in equities, 1.47% in bonds, and 5.35% in cash and cash equivalents.
Who manages the Union Value Discovery Fund Direct Growth?
The fund managers responsible for Union Value Discovery Fund Direct Growth are:-
- Hardick Bora
- Sanjay Bembalkar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.