Union Asset Allocation Fund Direct Growth-0.03%

3Groww
7.93%
1 Year Return
Hybrid
Balanced Advantage
3.0 star
6M
1Y
3Y
5Y

Fund Details

Union Asset Allocation Fund Direct Growth

RiskModerately Low
Min SIP Amount₹2000
Expense Ratio1.28%
NAV16.45 (19 Mar 2019)
Fund Started31 Dec 2012
Fund Size45 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Union Asset Allocation Fund Direct Growth
7.9%
6.3%
8.4%
NA
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    Cons
    1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 5 years
    3. Risk-adjusted returns are lower compared to the category
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Treasury Bill (91D)SovereignT Bill21.7%
    Reliance Mutual FundMutual FundsGold17.6%
    7.37 GOI Apr 16 2023 SovereignGilt10.8%
    6.84 GOI Dec 19 2022 SovereignGilt10.7%
    6.65 GOI Apr 9 2020 SovereignGilt6.5%
    HDFC Bank Ltd.Financial ServicesEquity4.6%
    ITC Ltd.Consumer GoodsEquity3.5%
    Triparty RepoCurrent AssetsMoney Market3.0%
    Larsen & Toubro Ltd.ConstructionEquity2.0%
    Godrej Consumer Products LtdConsumer GoodsEquity1.7%
    See All

    Fund Managers

    addVinay Paharia
    Education
    Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
    Experience
    Prior to joining Union Mutual Fund he was associated with Religare Invesco Asset Management Company (Jan 2007-Present), DBS Cholamandalam AMC (Jan 2006-Jan 2007), K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
    Funds Managed

    Other Details

    Union Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Asset Allocation Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹45 Cr and the Latest NAV as of 19 Mar 2019 is ₹16.45.

    The Union Asset Allocation Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 6 months..

    Investment Objective

    The investment objective of the Scheme is to generate capital appreciation by actively investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments and Gold Exchange Traded Funds.

    Tax Implications

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.50% if redeemed within 6 months.
    Exit Load

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    About Union KBC Mutual Fund

    Address
    Unit 802, 8th Floor, Tower ‘A’, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai - 400013
    Phone
    022-24833300
    Launch Date
    22 Mar 2011
    Union Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Cams
    Address
    NA
    Website
    NA
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