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3 Year return

22.77%
20222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Launched on November 2018 (7 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹18,000
Gain
  • 44.32%
  • ₹7,977
  • Total Value
  • ₹25,977

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹237.46 Cr.

Expense Ratio

1.4% (inclusive of GST)

Exit Load

1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

Ratings

ARQ Rating
2.5

Ratings by other agencies

3
4
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings
₹237.46Crores
Other Holdings% of Asset
Bharti Airtel3.57 %
Maruti Suzuki3.45 %
Quess Corp2.27 %
Tata Steel2.24 %
Glenmark Life2.2 %
NTPC1.96 %
Muthoot Finance1.91 %
Larsen & Toubro1.89 %
Infosys1.62 %
Axis Bank1.62 %
HCL Technologies1.55 %
Karur Vysya Bank1.55 %
Power Grid Corpn1.53 %
Alembic Pharma1.53 %
Canara Bank1.51 %
Godrej Propert.1.51 %
Oil India1.49 %
Embassy Off.REIT1.47 %
TCS1.45 %
O N G C1.44 %
Eureka Forbes1.42 %
Tech Mahindra1.38 %
SJS Enterprises1.36 %
Jindal Steel1.35 %
Kesoram Inds.1.32 %
Hind.Aeronautics1.28 %
Coal India1.27 %
Sun Pharma.Inds.1.25 %
Shriram Finance1.24 %
Bharat Electron1.23 %
Natl. Aluminium1.22 %
Exide Inds.1.19 %
PNC Infratech1.19 %
Dhanuka Agritech1.18 %
V-Mart Retail1.14 %
Tata Chemicals1.08 %
Prestige Estates1.05 %
Hero Motocorp1.05 %
Glenmark Pharma.1.02 %
Coromandel Inter1.02 %
B H E L1 %
Hindalco Inds.0.98 %
Cipla0.96 %
Jindal Stain.0.95 %
Quick Heal Tech0.94 %
Godrej Consumer0.92 %
Max Financial0.87 %
Gabriel India0.83 %
TVS Holdings0.81 %
Bharat Dynamics0.75 %
Puravankara0.72 %
Gujarat Gas0.69 %
Cyient0.61 %
Tata Motors-DVR0.52 %
Angel One0.47 %
Indus Towers0.4 %
TBILL-182D0.06 %
Net CA & Others-0.97 %

Union Mutual Fund Managers

VP

Vinay Paharia

Fund Manager since Nov 2018

View Details

Fund House Details

Union Mutual Fund

Union Mutual Fund Asset management company

AUM ₹14,674.66 Cr.
No. of Schemes 73
Setup Date 23rd March 2011

Peer Comparison

Comparison with other similar funds

Schemes by Union Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Union Value Discovery Fund Direct Plan Growth

Union Value Discovery Fund Direct Plan Growth, managed by Union Mutual Fund, is a value fund that aims to identify undervalued stocks across market capitalisations. The fund employs a value investing strategy, focusing on companies with strong fundamentals and growth potential that are trading at a discount to their intrinsic value. The fund has an expense ratio that is higher than the category average.

Investment Objective of the Scheme

The main objective of Union Value Discovery Fund Direct Plan Growth is to achieve long-term capital appreciation by investing in a diversified portfolio of stocks that are deemed undervalued by the fund's investment team. The fund managers conduct in-depth research to select stocks that offer growth prospects and are available at attractive valuations.

Key Features of The Fund

5-year return 19.87%
Expense Ratio 1.4%
Fund Manager Vinay Paharia
Fund Size ₹237.46 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Union Value Discovery Fund Direct Plan Growth can be a suitable choice for investors seeking exposure to a value-oriented equity portfolio. If you believe in the potential of investing in fundamentally sound companies at a discount, and you are comfortable with potential short-term market fluctuations, this fund might align with your investment philosophy. However, keep in mind that value investing can involve periods of underperformance, and the fund's returns may vary based on market conditions. It's important to assess your risk tolerance and long-term investment goals before adding this fund to your portfolio. Consulting a financial advisor can help you determine if this scheme suits your overall investment strategy.

AMC Contact Details

Name Union Mutual Fund
Launch Date 23rd March 2011
Addresss Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact (022) 6748 3300
Email investorcare@unionmf.com
Website https://www.unionmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Secure Your Retirement With SIPs

For many investors, a Systematic Investment Plan (SIP) is an excellent option when it comes to retirement planning. SIPs make disciplined investing possible by automating regular contributions, which add up to an impressive retirement fund over time. This strategy guarantees a stable retirement and mitigates market volatility. Take advantage of the mutual fund SIP calculator offered by Angel One to visualise how your investments can grow and assist in making informed decisions to achieve your retirement goals.

FAQs

What is today's NAV of Union Value Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Union Value Fund on May 29 2024, is ₹26.91