August 27, 2024
mayank
Union Value Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 29.9500
NAV IDCW: Rs 29.9500
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 fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).
Fund Manager:
1) 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.
2) 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
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 Value Fund
| Fund House | Union Mutual Fund |
| Launch Date | 05-Dec-18 |
| Return Since Launch | 21.10% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 282 Cr |
| (As on 31-Jul-2024) | |
| Expense | 1.29% |
| (As on 31-Jul-2024) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 154.00% |
Trailing Returns (%) of Union Value Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Value Dir | 22.70 | 0.84 | 1.59 | 10.15 | 16.36 | 41.81 | 23.32 | 25.01 | — | — |
| BSE 100 TRI | 19.61 | 0.72 | 1.23 | 9.95 | 15.94 | 35.85 | 17.91 | 20.47 | — | — |
| Equity: Value Oriented | 28.33 | 0.63 | 1.35 | 11.25 | 19.05 | 53.44 | 25.66 | 26.74 | — | — |
| Rank within category | 24 | 5 | 8 | 19 | 21 | 25 | 13 | 13 | — | — |
| Number of funds in category | 25 | 26 | 26 | 26 | 26 | 25 | 18 | 16 | 14 | 13 |
Peer Comparison of Union Value 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 Value Dir | 3 star | 41.81 | 23.32 | 25.01 | 1.29 | 282 | 21.10 | 1.00 (15) | 5Y 8M | 154.00 |
| ICICI Pru Value Discovery Dir | 5 star | 45.91 | 28.11 | 28.37 | 0.99 | 48,806 | 20.28 | 1.00 (365) | 11Y 7M | 57.00 |
| SBI Contra Dir | 5 star | 48.04 | 31.49 | 33.70 | 0.59 | 37,846 | 18.44 | 1.00 (365) | 11Y 7M | 18.00 |
| HSBC Value Dir | 4 star | 53.88 | 28.18 | 28.16 | 0.77 | 13,820 | 21.62 | 1.00 (365) | 11Y 7M | 18.00 |
| Kotak India EQ Contra Dir | 4 star | 55.65 | 26.45 | 26.47 | 0.56 | 3,760 | 18.94 | 1.00 (90) | 11Y 7M | 43.70 |
Portfolio Analysis of Union Value Fund
| No. of Stocks | 59 |
| Top 10 Stocks | 35.47% |
| Top 5 Stocks | 23.14% |
| Top 3 Sectors | 48.77% |
| Portfolio P/B Ratio | 3.58 |
| Portfolio P/E Ratio | 23.40 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,25,950 | 2,21,185 |
| Giant (%) | 46.01 | 55.63 |
| Large (%) | 20.55 | 18.56 |
| Mid (%) | 13.55 | 21.67 |
| Small (%) | 19.89 | 10.07 |
| Tiny (%) | — | 0.16 |
Chanakya’s Mutual Fund Guidance For Union Value Fund
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Quicklinks
Union Value Fund
Union Value 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 Value Fund?
Union Value Fund – Direct Plan follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes their true worth is.
How to Invest in Union Value Fund?
Mutual funds can be bought directly from the website of the fund house. For instance, Union Value 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 Value?
The riskometer level of Union Value Fund – Direct Plan is Very High.
What is the expense ratio of Union Value?
The expense ratio of Union Value Fund – Direct Plan is 1.29.