Union Flexi Cap Fund Direct-IDCW
(Scheme Rating)
NAV as of Jul 01, 2024
47.700.82%
(Earn upto 1.19% Extra Returns with Direct Plan)
Fund Category:
Equity: Flexi Cap
Expense Ratio:
0.84%(0.70% Category
average)Fund Size:
Rs. 2,052.22 Cr(0.39% of Investment in Category)
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Union Flexi Cap Fund Direct-IDCW
(Scheme Rating)
NAV as of Jul 01, 2024
47.700.82%
Expense Ratio:
0.84%
Fund Size:
Rs. 2,052.22 Cr
Fund Category:
Equity: Flexi Cap
1. Current NAV: The Current Net Asset Value of the Union Flexi Cap Fund - Direct Plan as of Jul 01, 2024 is Rs 47.70 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 36.11% (1yr), 19.29% (3yr), 21.01% (5yr) and 14.91% (since launch). Whereas, Category returns for the same time duration are: 38.42% (1yr), 18.9% (3yr) and 18.11% (5yr).
3. Fund Size: The Union Flexi Cap Fund - Direct Plan currently holds Assets under Management worth of Rs 2052.22 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.84% for Direct plan as on Jun 21, 2024.
5. Exit Load: Union Flexi Cap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Union Flexi Cap Fund Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 7.37 9.48 15.34 36.98 19.64 21.11 Category Avg 8.07 12.05 18.37 39.39 19.33 18.36 Rank within Category 61 75 67 51 29 12 No. of funds within Category 86 85 84 78 60 47 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE 500 Total Return Index
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Union Flexi Cap Fund Direct-IDCW Fund Details
Investment Objective - The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation.
Fund House | Union Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | BSE 500 Total Return Index |
Return Since Launch | 14.98% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Below Average |
Return Grade | Above Average |
Union Flexi Cap Fund Direct-IDCW Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load Exit load of 1%, if redeemed within 15 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | DEC 2023 | |
---|---|---|---|---|---|---|
Number of Holdings | 65 | 61 | 60 | 60 | 59 | 64 |
Top 5 Company Holdings | 22.41% | 23.95% | 25.98% | 22.7% | 24.19% | 23.35% |
Top 10 Company Holdings | 34.78% | 36.66% | 39.89% | 35.78% | 37.2% | 34.64% |
Company with Highest Exposure | HDFC Bank (5.75%) | ICICI Bank (6.33%) | ICICI Bank (6.6%) | Reliance Industries (6.2%) | Reliance Industries (6.26%) | HDFC Bank (7.21%) |
Number of Sectors | 14 | 14 | 14 | 15 | 16 | 16 |
Top 3 Sector Holdings | 44.68% | 46.13% | 45.23% | 45.95% | 44.62% | 48.19% |
Top 5 Sector Holdings | 58.32% | 60.1% | 61.66% | 59.78% | 60.91% | 63.21% |
Sector with Highest Exposure | Financial (26.38%) | Financial (29.77%) | Financial (24.11%) | Financial (23.52%) | Financial (24.88%) | Financial (27.66%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 5.75 20.52 84.33 -2.31 ICICI Bank Financial 5.55 18.45 64.53 19.58 Bharti Airtel Communication 4.1 114.92 12.35 71.00 Maruti Suzuki India Automobile 3.56 28.15 427.75 33.06 State Bank of India Financial 3.45 10.81 76.40 43.42 Larsen & Toubro Construction 2.81 38.17 95.00 49.49 Cummins India Capital Goods 2.76 63.47 62.02 102.30 Reliance Industries Energy 2.51 30.42 102.90 18.45 Godrej Properties Construction 2.21 126.55 26.08 100.96 Jindal Steel & Power Metals & Mining 2.08 17.95 58.22 96.00
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Union Flexi Cap Fund Direct-IDCW 47.70 2,052.22 7.39 36.89 19.37 21.05 HDFC Focused 30 Fund Direct Plan-IDCW 32.19 11,945.94 6.96 45.28 30.61 22.52 ICICI Prudential Retirement Fund - Pure Equity Plan Direct-IDCW 32.59 795.85 5.29 57.49 32.30 24.69 ICICI Prudential India Equity FOF Direct-IDCW 23.12 113.25 6.96 48.81 25.44 - JM Flexicap Fund Direct Plan-IDCW 105.99 2,472.06 9.94 68.09 33.27 28.05
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.04VS12.83Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.88VS0.90Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
1.08VS1.10Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
14.85VS15.73Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
1.00VS1.69Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
18.45VS19.48Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Union Mutual Fund News
- Union Mutual Fund files a draft document with Sebi for a multi-asset allocation fund
- Children’s mutual fund AUM surge 142% in last 5 years to Rs 20,081 crore in May: ICRA Analytics
- Equity mutual funds continue to witness the maximum share from all states
- Govt’s infrastructure focus makes sector funds a compelling choice
Fund Manager
- H.B.Hardick BoraSince Jan 202114 schemes
- S.B.Sanjay BembalkarSince Jan 202313 schemes
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai. 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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Union ELSS Tax Saver Fund Direct-IDCW ELSS 67.64 869.07 36.20 Union Value Fund Direct-IDCW Value Oriented 28.94 245.74 46.01 Union Focused Fund Direct-IDCW Flexi Cap 26.34 398.80 32.16 Union Midcap Fund Direct-IDCW Mid Cap 48.84 1,182.65 49.58 Union Large & Midcap Fund Direct-IDCW Large & MidCap 26.57 750.39 40.25 Union Balanced Advantage Fund Direct-IDCW Dynamic Asset Allocation 20.72 1,594.75 21.75 Union Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 17.93 587.95 29.09 Union Equity Savings Fund Direct-IDCW Equity Savings 16.61 124.95 14.47 Union Small Cap Fund Direct-IDCW Small Cap 39.18 1,425.13 45.13 Union Business Cycle Fund Direct - IDCW Thematic 11.47 Unrated 485.07 - Union Children's Fund Direct - IDCW Aggressive Hybrid 11.86 Unrated 46.70 - Union Innovation & Opportunities Fund Direct - IDCW Thematic 13.30 Unrated 654.11 - Union Multicap Fund Direct - IDCW Multi Cap 15.73 Unrated 917.38 43.37 Union Retirement Fund Direct - IDCW Aggressive Hybrid 15.60 Unrated 126.74 41.04 Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder. 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
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Union ELSS Tax Saver Fund Direct-IDCW ELSS 67.64 869.07 36.20 Union Balanced Advantage Fund Direct-IDCW Dynamic Asset Allocation 20.72 1,594.75 21.75 Union Focused Fund Direct-IDCW Flexi Cap 26.34 398.80 32.16 Union Largecap Fund Direct-IDCW Large Cap 24.80 346.87 33.27 Union Value Fund Direct-IDCW Value Oriented 28.94 245.74 46.01 Union Equity Savings Fund Direct-IDCW Equity Savings 16.61 124.95 14.47 Union Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 17.93 587.95 29.09 Union Small Cap Fund Direct-IDCW Small Cap 39.18 1,425.13 45.13 Union Business Cycle Fund Direct - IDCW Thematic 11.47 Unrated 485.07 - Union Children's Fund Direct - IDCW Aggressive Hybrid 11.86 Unrated 46.70 - Union Innovation & Opportunities Fund Direct - IDCW Thematic 13.30 Unrated 654.11 - Union Multicap Fund Direct - IDCW Multi Cap 15.73 Unrated 917.38 43.37 Union Retirement Fund Direct - IDCW Aggressive Hybrid 15.60 Unrated 126.74 41.04
More Union Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Union Liquid Fund Direct-Growth | 3,045.41 | 0.61 | 1.87 | 3.77 | 7.39 | 5.82 | |
Union Flexi Cap Fund Direct-Growth | 2,052.22 | 4.77 | 10.29 | 14.24 | 36.09 | 19.58 | |
Union Balanced Advantage Fund Direct - Growth | 1,594.75 | 3.29 | 6.24 | 9.43 | 21.06 | 11.61 | |
Union Small Cap Fund Direct-Growth | 1,425.13 | 5.96 | 19.38 | 12.08 | 42.45 | 25.37 | |
Union Midcap Fund Direct - Growth | 1,182.65 | 9.43 | 22.69 | 24.21 | 49.08 | 26.26 | |
Union Multicap Fund Direct - Growth | 917.38 | 6.64 | 16.73 | 17.62 | 42.36 | - | |
Union ELSS Tax Saver Fund Direct-Growth | 869.07 | 4.83 | 10.85 | 13.94 | 34.60 | 20.13 | |
Union Large & Midcap Fund Direct - Growth | 750.39 | 7.41 | 16.62 | 18.30 | 40.08 | 21.78 | |
Union Innovation & Opportunities Fund Direct - Growth | 654.11 | 8.12 | 19.63 | 22.12 | - | - | |
Union Aggressive Hybrid Fund Direct - Growth | 587.95 | 3.61 | 7.89 | 11.54 | 27.21 | 15.07 |
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1. Union Flexi Cap Fund - Direct Plan is Open-ended Flexi Cap Equity scheme which belongs to Union Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation. "
2. It is benchmarked against BSE 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 94.36% in equities, 0.09% in debts and 5.55% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 34.78% of the assets, the top 3 sectors constitute around 44.68% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Union Flexi Cap Fund Direct-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about Union Flexi Cap Fund Direct-IDCW
- Is it safe to invest in Union Flexi Cap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Union Flexi Cap Fund - Direct Plan comes under Very High risk category.
- What is the category of Union Flexi Cap Fund - Direct Plan?Union Flexi Cap Fund - Direct Plan belongs to the Equity : Flexi Cap category of funds.
- How Long should I Invest in Union Flexi Cap Fund - Direct Plan?The suggested investment horizon of investing into Union Flexi Cap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Union Flexi Cap Fund - Direct Plan?The Union Flexi Cap Fund - Direct Plan is managed by Hardick Bora (Since Jan 06, 2021) and Sanjay Bembalkar (Since Jan 25, 2023).
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