Union Children's Fund - Direct (IDCW)


Childrens Fund
SIP Lumpsum
  • NAV 12.45 (-0.88%)
  • Fund Size (Cr) ₹60.96
  • Expense Ratio 0.86
  • Scheme Type Active Fund
  • Value Research Stars
SIP Lumpsum
  • Minimum investment ₹1000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 25.6%

Basic Details

Scheme Manager
Gaurav Chopra
Bench Mark
BSE 500 TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 11-Dec-24
  • 9921.01
  • -0.79%
  • -
  • -1.06%
  • 12/37
  • 1 Month
  • 18-Nov-24
  • 10689.36
  • 6.89%
  • -
  • 4.82%
  • 6/37
  • 3 Month
  • 18-Sep-24
  • 9881.98
  • -1.18%
  • -
  • -1.86%
  • 16/37
  • 6 Month
  • 18-Jun-24
  • 10855.66
  • 8.56%
  • -
  • 6.03%
  • 6/37
  • 1 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 19-Dec-23
  • 12560
  • 25.60%
  • 25.6%
  • 15.15%
  • 4/37

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jan-24
  • 120000
  • 131234.14
  • 9.36%
  • 9.36%
  • 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

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Risk Ratios

  • Standard Deviation
    2.91%
  • Beta
    0.91%
  • Sharpe Ratio
    1.48%
  • Treynor’s Ratio
    0.08%
  • Jension’s Alpha
    10.71%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 7.25%
  • 24619
  • 4.42
  • Equity
  • Banks
  • ICICI Bank
  • 5.27%
  • 24700
  • 3.21
  • Equity
  • Banks
  • Infosys
  • 3.23%
  • 10600
  • 1.97
  • Equity
  • IT - Software
  • Reliance Industr
  • 2.88%
  • 13608
  • 1.76
  • Equity
  • Refineries
  • Bharti Airtel
  • 2.83%
  • 10600
  • 1.72
  • Equity
  • Telecomm-Service
  • Larsen & Toubro
  • 2.82%
  • 4610
  • 1.72
  • Equity
  • Infrastructure Developers & Operators
  • Info Edg.(India)
  • 2.1%
  • 1549
  • 1.28
  • Equity
  • E-Commerce/App based Aggregator
  • TCS
  • 2.03%
  • 2900
  • 1.24
  • Equity
  • IT - Software
  • Tech Mahindra
  • 1.94%
  • 6889
  • 1.18
  • Equity
  • IT - Software
  • Muthoot Finance
  • 1.85%
  • 5880
  • 1.13
  • Equity
  • Finance

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Union Children's Fund - Direct (IDCW)
  • Stars
  • 60.96
  • 6.89%
  • -1.18%
  • 8.56%
  • -
  • -
  • SBI Magnum Children's Benefit Fund - IP - Dir (G)
  • Stars
  • 2961.88
  • 10.26%
  • 0.21%
  • 18.49%
  • 41.23%
  • 25.66%
  • ICICI Pru Child Care Fund-Gift Plan - Direct
  • Stars
  • 1319.77
  • 4.98%
  • -1.66%
  • 2.08%
  • 24.28%
  • 18.80%
  • LIC MF Children's Fund - Direct
  • Stars
  • 16.61
  • 8.21%
  • 0.31%
  • 8.31%
  • 22.10%
  • 14.91%
  • SBI Magnum Children's Benefit Fund - Savings Plan - Dir (G)
  • Stars
  • 122.53
  • 2.16%
  • 2.24%
  • 9.54%
  • 20.05%
  • 12.75%
  • UTI-Children's Equity Fund - Direct (G)
  • Stars
  • 1121.68
  • 4.81%
  • -4.65%
  • 3.05%
  • 19.87%
  • 13.48%

News

  • 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

    Powered by Capital Market - Live News

  • 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

    Powered by Capital Market - Live News

  • Union MF announces change in Fund Manager of the following schemes Union Mutual Fund has announced change in fund manager under the following schemes, with effect from November 01, 2024.

    Change in Fund Manager:

    Name of the Scheme Names of the existing Fund Manager(s)/ Co-Fund Manager(s) Names of the new Fund Manager(s)/ Co-Fund Manager(s)^
    Union Flexi Cap Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora     		Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya
    Union ELSS Tax Saver Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora     		Mr. Vinod Malviya and
    Mr. Sanjay Bembalkar
    Union Small Cap Fund Mr. Hardick Bora and
    Mr. Sanjay Bembalkar     		Mr. Sanjay Bembalkar and
    Mr. Gaurav Chopra
    Union Balanced Advantage Fund Mr. Hardick Bora,
    Mr. Sanjay Bembalkar and
    Mr. Parijat Agrawal     		Mr. Sanjay Bembalkar,
    Mr. Gaurav Chopra and
    Mr. Parijat Agrawal
    Union Equity Savings Fund Mr. Hardick Bora,
    Mr. Sanjay Bembalkar and
    Mr. Parijat Agrawal     		Mr. Sanjay Bembalkar,
    Mr. Gaurav Chopra and
    Mr. Parijat Agrawal
    Union Value Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora     		Mr. Vinod Malviya and
    Mr. Gaurav Chopra
    Union Focused Fund Mr. Hardick Bora and
    Mr. Sanjay Bembalkar     		Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya
    Union Large & Midcap Fund Mr. Vinod Malviya and
    Mr. Hardick Bora     		Mr. Vinod Malviya and
    Mr. Sanjay Bembalkar
    Union Midcap Fund Mr. Gaurav Chopra and
    Mr. Hardick Bora     		Mr. Gaurav Chopra and
    Mr. Sanjay Bembalkar
    Union Retirement Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora     		Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya
    Union Aggressive Hybrid Fund Mr. Sanjay Bembalkar,
    Mr. Hardick Bora and
    Mr. Parijat Agrawal     		Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya and
    Mr. Parijat Agrawal
    Union Multicap Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora     		Mr. Harshad Patwardhan and
    Mr. Sanjay Bembalkar
    Union Innovation & Opportunities Fund Mr. Hardick Bora and
    Mr. Sanjay Bembalkar     		Mr. Gaurav Chopra and
    Mr. Sanjay Bembalkar
    Union Children's Fund Mr. Sanjay Bembalkar,
    Mr. Hardick Bora and
    Mr. Parijat Agrawal     		Mr. Gaurav Chopra,
    Mr. Vinod Malviya and
    Mr. Parijat Agrawal
    Union Business Cycle Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora     		Mr. Harshad Patwardhan and
    Mr. Sanjay Bembalkar
    Union Multi Asset Allocation Fund Mr. Hardick Bora,
    Mr. Sanjay Bembalkar and
    Mr. Anindya Sarkar     		Mr. Sanjay Bembalkar,
    Mr. Vinod Malviya and
    Mr. Anindya Sarkar

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 28-Nov-2023
  • Total AUM (Cr) ₹60.96

Union Children's Fund - Direct (IDCW) is an Childrens Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in Nov 2023, this fund is managed by Gaurav Chopra. With assets under management (AUM) worth ₹60.96 (Cr), as of 19-Dec-2024, Union Children's Fund - Direct (IDCW) is categorized as a Childrens Fund within its segment. The fund has generated a return of 25.6% since its launch.
The current NAV of Union Children's Fund - Direct (IDCW) is ₹12.45, as on 19-Dec-2024. The fund’s benchmark index is BSE 500 TRI. You can invest in Union Children's Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - 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 98.36% in Equity, 2.37% in Debt and -0.73% in cash and cash equivalents
The top 5 sectors the fund invests in are: 16.3% in Banks, 10.13% in IT-Software, 6.32% in Debt, 5.55% in Pharmaceuticals & Biotech and 5.51% in Consumer Durables.

FAQs on Union Children's Fund - Direct (IDCW)

Union Children's Fund - Direct (IDCW) is a popular fund in the Childrens Fund segment. The fund has generated a return of 25.6% since inception. Looking to invest in Union Children's Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Children's 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 Children's 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 Children's Fund - Direct (IDCW) today and reap the benefits of this Childrens Fund fund!

In the short term, i.e., 1 year, Union Children's Fund - Direct (IDCW) has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 25.6% returns.

The expense ratio of Union Children's Fund - Direct (IDCW) Direct Growth is 0.86%. 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.

The Assets Under Management (AUM) of Union Children's Fund - Direct (IDCW) is ₹60.96 (Cr) as of 19 December 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Union Children's 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 Children's 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 Children's 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).

Yes, you can invest both lumpsum and SIP in Union Children's Fund - Direct (IDCW). Minimum lumpsum investment Union Children's Fund - Direct (IDCW) is ₹1000 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.

The latest NAV (Net Asset Value) of Union Children's Fund - Direct (IDCW) is ₹12.45 as on 19 December 2024.

The 5 biggest stock holdings of Union Children's Fund - Direct (IDCW) are:
HDFC Bank (7.25%), ICICI Bank (5.27%), Infosys (3.23%), Reliance Industr (2.88%), Bharti Airtel (2.83%)

A majority of Union Children's Fund - Direct (IDCW) 's AUM worth ₹60.96 (Cr) is invested in these 3 top sectors:

  • Banks: 16.3%
  • IT-Software: 10.13%
  • Debt: 6.32%

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