Can I invest in SIP and Lumpsum in Union Business Cycle Fund - Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in Union Business Cycle Fund - Direct (IDCW). Minimum lumpsum investment Union Business Cycle Fund - Direct (IDCW) is ₹1,000 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Union Business Cycle Fund - Direct (IDCW) Direct Growth?

The latest NAV (Net Asset Value) of Union Business Cycle Fund - Direct (IDCW) is Union Business Cycle Fund - Direct (IDCW) is ₹11.38 as on 2025-01-01.

Which are the biggest stock holdings of Union Business Cycle Fund - Direct (IDCW)?

The 5 biggest stock holdings of Union Business Cycle Fund - Direct (IDCW) are: HDFC Bank (7.93%), ICICI Bank (6.20%), Infosys (4.79%), Bharti Airtel (3.54%), Larsen & Toubro (3.51%)

What are the top sectors Union Business Cycle Fund - Direct (IDCW) invests in?

A majority of Union Business Cycle Fund - Direct (IDCW) 's AUM worth ₹573.82 (Cr) is invested in these 3 top sectors: Banks : 14.65% IT-Software : 10.47% Pharmaceuticals & Biotech : 9.38%

Mutual Funds
Union Business Cycle Fund - Direct (IDCW)

Union Business Cycle Fund - Direct (IDCW)

Sectoral / Thematic

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NAV
11.38(0.35%)
Fund Size (CR)
₹573.82
Expense Ratio
1.07
Scheme Type
Active Fund
Value Research

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
13.20%

Absolute Return: -5.64%

Annualized Return: 0%

Basic Details

Scheme Manager

Harshad Patwardhan

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	9991.17	-0.09%	-	0.16%	450/816
1 Month	29 November 2024	10071.17	0.71%	-	-0.71%	171/784
3 Month	30 September 2024	9425.48	-5.75%	-	-5.70%	314/757
6 Month	28 June 2024	9973.57	-0.26%	-	2.59%	390/713
1 Year	-	-	-	-	22.69%	-/-
3 Year	-	-	0%	-	18.51%	-/-
5 Year	-	-	0%	-	22.12%	-/-
Since Inception	5 March 2024	11320.00	13.20%	13.20%	17.01%	565/814

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 April 2024	1,00,000	101169.84	1.17%	1.17%
3 Year	-	-	-	-	-
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.51%

Standard Deviation

0.82%

Beta

0.80%

Sharpe Ratio

0.06%

Treynor's Ratio

-0.36%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	7.93%	253411	45.51	Equity	Banks
ICICI Bank	6.20%	273447	35.55	Equity	Banks
Infosys	4.79%	148000	27.50	Equity	IT - Software
Bharti Airtel	3.54%	125000	20.34	Equity	Telecomm-Service
Larsen & Toubro	3.51%	54065	20.14	Equity	Infrastructure Developers & Operators
St Bk of India	2.99%	204787	17.18	Equity	Banks
M & M	2.84%	54965	16.30	Equity	Automobile
HCL Technologies	2.76%	85700	15.84	Equity	IT - Software
Reliance Industr	2.64%	117350	15.16	Equity	Refineries
NTPC	2.57%	405000	14.73	Equity	Power Generation & Distribution

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Business Cycle Fund - Direct (IDCW)	573.82	0.71%	-5.75%	-0.26%	-	-
HDFC Pharma and Healthcare Fund - Direct (G)	1459.59	3.11%	5.44%	30.11%	51.66%	-
HDFC Pharma and Healthcare Fund - Direct (IDCW)	1459.59	3.11%	5.44%	30.11%	51.66%	-
ICICI Pru P.H.D Fund - Direct (IDCW)	5044.63	3.64%	2.42%	24.35%	48.44%	25.33%
ICICI Pru P.H.D Fund - Direct (G)	5044.63	3.66%	2.42%	24.34%	48.42%	25.35%
LIC MF Infrastructure Fund - Direct (G)	852.07	-0.42%	-2.13%	2.95%	48.19%	33.49%

News

Union Mutual Fund announces merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund
Union Mutual Fund has approved the merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund, with effect from 29 January 2025.
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Union MF announces change in Fund Manager of the following schemes

Union Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 09 December 2024

Change in Fund Managers of the Schemes:

Name of the Scheme	Names of the existing Fund Manager(s)/ Head-Equity/Chief Investment Officer	Names of the new Fund Manager(s)/ Head-Equity/Chief Investment Officer^
Union Small Cap Fund	Mr. Sanjay Bembalkar and Mr. Gaurav Chopra	Mr. Pratik Dharmshi and Mr. Gaurav Chopra
Union Focused Fund	Mr. Sanjay Bembalkar and Mr. Vinod Malviya	Mr. Pratik Dharmshi and Mr. Vinod Malviya
Union Retirement Fund	Mr. Sanjay Bembalkar and Mr. Vinod Malviya	Mr. Pratik Dharmshi and Mr. Vinod Malviya
Union Large & Midcap Fund	Mr. Vinod Malviya and Mr. Sanjay Bembalkar	Mr. Vinod Malviya and Mr. Pratik Dharmshi
Union Midcap Fund	Mr. Gaurav Chopra and Mr. Sanjay Bembalkar	Mr. Gaurav Chopra and Mr. Pratik Dharmshi
Union Business Cycle Fund	Mr. Harshad Patwardhan and Mr. Sanjay Bembalkar	Mr. Harshad Patwardhan and Mr. Pratik Dharmshi

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Union MF announces change in benchmark index under its scheme

Union Mutual Fund has announced change in the benchmark of Union Multi Asset Allocation Fund with effect from November 01, 2024

Change in name of Benchmark of Union Multi Asset Allocation Fund

Scheme Name	Existing Benchmark	Revised Benchmark
Union Multi Asset Allocation Fund	65% NIFTY 50 TRI + 20% CRISIL Short Term Bond Fund Index + 15% Domestic price of Gold	65% NIFTY 50 TRI + 20% NIFTY Composite Debt Index + 15% Domestic prices of Gold

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Fund House Details & Investment Objective

Date of Incorporation

13 February 2024

Total AUM (Cr)

₹573.82

Union Business Cycle Fund - Direct (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 13 February 2024, this fund is managed by Harshad Patwardhan. With assets under management (AUM) worth ₹573.82 (Cr), as of 1 January 2025, Union Business Cycle Fund - Direct (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 13.20% since its launch.
The current NAV of Union Business Cycle Fund - Direct (IDCW) is ₹11.38, as on 1 January 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Union Business Cycle Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 94.39% in Equity, 7.19% in Debt and -1.58% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 14.65% in Banks, 10.47% in IT-Software, 9.38% in Pharmaceuticals & Biotech, 8.81% in Finance, 7.72% in Retailing

FAQs

How to Invest in Union Business Cycle Fund - Direct (IDCW) Direct Growth?

Union Business Cycle Fund - Direct (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 13.20% since inception. Looking to invest in Union Business Cycle Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Business Cycle Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Union Business Cycle Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Union Business Cycle Fund - Direct (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

How much returns has Union Business Cycle Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Union Business Cycle Fund - Direct (IDCW) has generated annualised return of undefined%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 13.20% returns.

What is the expense ratio of Union Business Cycle Fund - Direct (IDCW) Direct Growth?

The expense ratio of Union Business Cycle Fund - Direct (IDCW) Direct Growth is 1.07%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Union Business Cycle Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Union Business Cycle Fund - Direct (IDCW) is ₹573.82 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Union Business Cycle Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Union Business Cycle Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Union Business Cycle Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Union Business Cycle Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).