NAV on (No Data Available)
₹0.00
No Data Available
Fund Size
₹389.6 Crores
1Y Returns
No Data Available%
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum ? based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Union Asset Management Company Pvt. Ltd.
Launch Date
November 28, 2024
Fund Manager
Mr. Gaurav Chopra
Initial Price
10
AUM Fund
389.6 Cr
Min investment
Rs 1000
Expense Ratio
2.44%
Daily - Rs. 100 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.Weekly - Rs. 500 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.Fortnightly - Rs. 500 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.Monthly - Rs. 500 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil if redeemed or switched out after completion of 1 year from the date of allotment of units.
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 44.66% | 108.48% | ₹3935.83 | |
| 43.90% | 105.13% | ₹3935.83 | |
| 32.16% | 0.00% | ₹7304.61 | |
| 32.16% | 0.00% | ₹7304.61 | |
| 31.44% | 0.00% | ₹330.45 |
Q: What is the current NAV of Union Active Momentum Fund - IDCW-Reinvestment?
A: The latest NAV of Union Active Momentum Fund - IDCW-Reinvestment is ₹ .
Q: What type of mutual fund is Union Active Momentum Fund - IDCW-Reinvestment?
A: Union Active Momentum Fund - IDCW-Reinvestment is a 'Equity - Large Cap' type mutual fund managed by 'Union Asset Management Company Pvt. Ltd.'.
Q: What is the expense ratio of Union Active Momentum Fund - IDCW-Reinvestment?
A: The expense ratio of Union Active Momentum Fund - IDCW-Reinvestment is 2.44%, which impacts overall returns.
Q: Who manages Union Active Momentum Fund - IDCW-Reinvestment?
A: Union Active Momentum Fund - IDCW-Reinvestment is managed by Mr. Gaurav Chopra, who oversees investment strategy and portfolio decisions.
Q: Is Union Active Momentum Fund - IDCW-Reinvestment a good investment?
A: Union Active Momentum Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Union Active Momentum Fund - IDCW-Reinvestment?
A: The exit load of Union Active Momentum Fund - IDCW-Reinvestment is 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil if redeemed or switched out after completion of 1 year from the date of allotment of units., applicable if redeemed within the specified period.
Q: How is Union Active Momentum Fund - IDCW-Reinvestment taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.