Union Long Term Equity Fund Direct Growth-1.29%

2Groww
-7.96%
1 Year Return
Equity
ELSS
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

Union Long Term Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.92%
NAV25.08 (08 Jul 2019)
Fund Started31 Dec 2012
Fund Size241 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Union Long Term Equity Fund Direct Growth
-8.0%
4.3%
5.2%
9.2%
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 -8.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.Financial ServicesEquity8.1%
    Reliance Industries Ltd.EnergyEquity7.3%
    Housing Development Finance Corporation Ltd.Financial ServicesEquity5.6%
    Triparty RepoCurrent AssetsMoney Market5.3%
    Infosys Ltd.ITEquity5.1%
    ITC Ltd.Consumer GoodsEquity4.7%
    Maruti Suzuki India Ltd.AutomobileEquity4.6%
    Axis Bank Ltd.Financial ServicesEquity4.4%
    Tata Consultancy Services Ltd.ITEquity3.9%
    Kotak Mahindra Bank Ltd.Financial ServicesEquity3.3%
    See All

    Fund Managers

    addAnshul Mishra
    Education
    Mr. Mishra is a B.E (Mechanical Engineering), CFA and PGDM (Finance & Marketing)
    Experience
    Prior to joining Union Mutual Fund, he has worked with IDBI AMC - Fund Manager - Equity, AVP - Equity Dealer and Research, ING Investment Management (India) Private Limited (April 2008 - May 2011) and as Manager - Investments (Equity) Treasury, IDBI Bank Ltd. (May 2005 -March 2008)
    Funds Managed

    Other Details

    Union Long Term Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Ashish Ranawade is the Current Fund Manager of Union Long Term Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹241 Cr and the Latest NAV as of 08 Jul 2019 is ₹25.08.

    The Union Long Term Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    To generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.However there can be no assurance that the investment objective of the scheme will be achieved.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    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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