August 24, 2024
mayank
Union Largecap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 24.9600
NAV IDCW: Rs 24.9600
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 of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities of large cap companies.
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) Vinod Malviya
Education: Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)
Experience: Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities 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) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Union Largecap Fund
| Fund House | Union Mutual Fund |
| Launch Date | 11-May-17 |
| Return Since Launch | 13.37% |
| Benchmark | BSE 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 394 Cr |
| (As on 31-Jul-2024) | |
| Expense | 1.53% |
| (As on 31-Jul-2024) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 202.00% |
Trailing Returns (%) of Union Largecap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Largecap Dir | 16.58 | -0.08 | 1.22 | 5.01 | 10.34 | 30.82 | 15.89 | 19.18 | 13.67 | — |
| BSE 100 TRI | 18.81 | 0.30 | 1.96 | 10.70 | 14.77 | 34.37 | 18.04 | 21.00 | 16.14 | — |
| Equity: Large Cap | 22.97 | -0.02 | 2.47 | 8.70 | 16.27 | 41.74 | 18.94 | 20.82 | 15.38 | — |
| Rank within category | 68 | 79 | 92 | 103 | 100 | 65 | 42 | 33 | 42 | — |
| Number of funds in category | 97 | 107 | 106 | 103 | 100 | 95 | 69 | 53 | 43 | 42 |
Peer Comparison of Union Largecap 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 Largecap Dir | 3 star | 30.82 | 15.89 | 19.18 | 1.53 | 394 | 13.37 | 1.00 (15) | 7Y 3M | 202.00 |
| ICICI Pru Bluechip Dir | 5 star | 40.60 | 22.04 | 22.90 | 0.87 | 62,717 | 17.17 | 1.00 (365) | 11Y 7M | 20.00 |
| HDFC Top 100 Dir | 4 star | 36.73 | 22.77 | 21.16 | 1.00 | 37,081 | 15.63 | 1.00 (365) | 11Y 7M | 15.40 |
| Nippon India Large Cap Dir | 4 star | 38.05 | 25.23 | 24.24 | 0.68 | 31,801 | 17.69 | 1.00 (7) | 11Y 7M | 22.00 |
| Canara Robeco Bluechip Equity Dir | 4 star | 35.60 | 17.29 | 22.77 | 0.46 | 14,529 | 16.31 | 1.00 (365) | 11Y 7M | 26.00 |
Portfolio Analysis of Union Largecap Fund
| No. of Stocks | 51 |
| Top 10 Stocks | 44.90% |
| Top 5 Stocks | 30.07% |
| Top 3 Sectors | 52.85% |
| Portfolio P/B Ratio | 4.14 |
| Portfolio P/E Ratio | 25.63 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,65,752 | 3,88,206 |
| Giant (%) | 68.81 | 72.27 |
| Large (%) | 28.12 | 24.30 |
| Mid (%) | 3.07 | 5.41 |
| Small (%) | — | 3.41 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Union Largecap Fund
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Quicklinks
Union Largecap Fund
Union Largecap Fund details, NAV, Fund Portfolio, Peer Comparison, Fund Managers, Mutual Fund Guidance, mutual fund, Best funds to invest, Best Funds, Fund Returns, Fund Analysis
What is Union Largecap?
Union Largecap Fund – Direct Plan is mandated to invest at least 80 per cent of its assets in large-cap stocks at all times.
How to Invest in Union Largecap?
Mutual funds can be bought directly from the website of the fund house. For instance, Union Largecap Fund – Direct Plan fund can be purchased from the website of Union Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
What is the Riskometer level of Union Largecap Fund?
The riskometer level of Union Largecap Fund – Direct Plan is Very High.
What is the expense ratio of Union Largecap Fund?
The expense ratio of Union Largecap Fund – Direct Plan is 1.53.