e.g. Tata motors, Reliance MF, 500570

Union Business Cycle Fund - IDCW-Reinvestment

Equity Large Cap Very High

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹456.3 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The Investment Objective of the Scheme is to generate long-term capital ppreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.

AMC

Union Asset Management Company Pvt. Ltd.

Fund Details

Launch Date

February 13, 2024

Fund Manager

Mr. Pratik Dharmshi

Initial Price

10

AUM Fund

456.3 Cr

Min investment

Rs 1000

Expense Ratio

2.58%

SIP Minimum Investment

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.

Exit Load

1% if units are redeemed/switched out on or before completion of 1 year from the date of allotment. 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

Holdings

TREPS 3.62%
Vedanta Ltd. 1.33%
Mphasis Ltd. 1.23%
Net Receivable / Payable 0.77%
Arvind Ltd. 0.49%
364 Day Treasury Bills 0.11%

Sector Allocation

Banks 14.03%
Miscellaneous 11.12%
Electronics 3.22%
Telecommunications 3.11%
Cement 3.57%
Finance 10.82%
Engineering 4.35%
Iron and Steel 4.61%
Chemicals 7.47%
Consumer Durables 3.02%
Power 2.87%
Service 6.10%
Pharmaceuticals and health care 5.46%
Information Technology 4.52%
Auto 3.86%
Mining 1.33%
Cables 2.61%
Auto Ancillaries 1.14%
Shipping 0.71%
Textiles 1.58%
Address
Unit No. 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai Maharashtra India 400059
Phone
+91 22 67483300
Fax
+91 22 67483402
Launch Date
February 13, 2024
Custodian
SBI-SG Global Securities Services Pvt. Ltd.
Registrar & Transfer Agent
Computer Age Management Services (P) Ltd.

Frequently Asked Questions

Q: What is the current NAV of Union Business Cycle Fund - IDCW-Reinvestment?

A: The latest NAV of Union Business Cycle Fund - IDCW-Reinvestment is ₹ .

Q: What type of mutual fund is Union Business Cycle Fund - IDCW-Reinvestment?

A: Union Business Cycle 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 Business Cycle Fund - IDCW-Reinvestment?

A: The expense ratio of Union Business Cycle Fund - IDCW-Reinvestment is 2.58%, which impacts overall returns.

Q: Who manages Union Business Cycle Fund - IDCW-Reinvestment?

A: Union Business Cycle Fund - IDCW-Reinvestment is managed by Mr. Pratik Dharmshi, who oversees investment strategy and portfolio decisions.

Q: Is Union Business Cycle Fund - IDCW-Reinvestment a good investment?

A: Union Business Cycle 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 Business Cycle Fund - IDCW-Reinvestment?

A: The exit load of Union Business Cycle Fund - IDCW-Reinvestment is 1% if units are redeemed/switched out on or before completion of 1 year from the date of allotment. 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 Business Cycle Fund - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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