August 23, 2024
mayank
Union Focused Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 26.6600
NAV IDCW: Rs 26.6600
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seek to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps.
Fund Manager:
1) Sanjay Bembalkar
Education: Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience: Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
2) Hardick Bora
Education: Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience: Prior to joining Union Mutual Fund, he has worked with Motilal Oswal Securities Ltd., Dolat Capital Markets Pvt Ltd. as Research Associate, Khandwala Securities Ltd. as Research Associate, Yen Management Consultants Pvt. Ltd. and 3 Global Services Pvt. Ltd.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Union Focused Fund
| Fund House | Union Mutual Fund |
| Launch Date | 05-Aug-19 |
| Return Since Launch | 21.42% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 427 Cr |
| (As on 31-Jul-2024) | |
| Expense | 1.46% |
| (As on 31-Jul-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 178.00% |
Trailing Returns (%) of Union Focused Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Focused Dir | 16.42 | 0.68 | 1.95 | 7.59 | 12.68 | 28.92 | 15.59 | 21.79 | — | — |
| BSE 500 TRI | 21.54 | 0.30 | 2.33 | 10.91 | 16.24 | 39.58 | 20.09 | 23.28 | — | — |
| Equity: Flexi Cap | 23.49 | 0.35 | 2.84 | 11.56 | 18.23 | 41.38 | 20.39 | 22.71 | — | — |
| Rank within category | 78 | 7 | 71 | 80 | 80 | 75 | 56 | 25 | — | — |
| Number of funds in category | 81 | 85 | 85 | 83 | 82 | 78 | 61 | 48 | 36 | 31 |
Peer Comparison of Union Focused Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Union Focused Dir | 3 star | 28.92 | 15.59 | 21.79 | 1.46 | 427 | 21.42 | 1.00 (15) | 5Y | 178.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 40.48 | 20.81 | 27.47 | 0.63 | 75,956 | 21.00 | 2.00 (365) | 11Y 2M | 5.81 |
| HDFC Flexi Cap Dir | 4 star | 43.70 | 28.81 | 26.00 | 0.77 | 61,572 | 17.92 | 1.00 (365) | 11Y 7M | 41.40 |
| Franklin India Flexi Cap Dir | 4 star | 44.75 | 24.18 | 26.29 | 0.94 | 17,417 | 18.37 | 1.00 (365) | 11Y 7M | 27.10 |
| ICICI Pru Flexicap Dir | 4 star | 48.22 | 24.37 | — | 0.73 | 16,772 | 24.17 | 1.00 (365) | 3Y 1M | 41.00 |
Portfolio Analysis of Union Focused Fund
| No. of Stocks | 29 |
| Top 10 Stocks | 50.99% |
| Top 5 Stocks | 30.93% |
| Top 3 Sectors | 40.57% |
| Portfolio P/B Ratio | 5.03 |
| Portfolio P/E Ratio | 35.27 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,42,408 | 1,82,068 |
| Giant (%) | 57.89 | 50.67 |
| Large (%) | 27.96 | 20.38 |
| Mid (%) | 5.06 | 22.47 |
| Small (%) | 9.08 | 7.30 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For Union Focused Fund
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