Union Multi Asset Allocation Fund - Direct (G)
Multi Asset AllocationNAV
10.09(0.50%)Fund Size (CR)
₹868.47Expense Ratio
0.96Scheme Type
Active FundValue Research
-
Min. investment
₹1,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹100Minimum Withdrawal
₹1,000Exit Load
1%Return Since Launch
0.40%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Sanjay Bembalkar
Bench Mark
65% NIFTY 50 TRI + 20% NIFTY Composite Debt Index + 15% Domestic prices of Gold
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 | 10019.96 | 0.20% | - | -0.06% | 17/104 |
| 1 Month | 29 November 2024 | 10070.21 | 0.70% | - | -0.56% | 7/100 |
| 3 Month | 30 September 2024 | 9872.17 | -1.28% | - | -3.21% | 11/100 |
| 6 Month | - | - | - | - | 2.21% | -/- |
| 1 Year | - | - | - | - | 15.87% | -/- |
| 3 Year | - | - | 0% | - | 14.82% | -/- |
| 5 Year | - | - | 0% | - | 17.47% | -/- |
| Since Inception | 10 September 2024 | 10040.00 | 0.40% | 0.40% | 13.06% | 97/102 |
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 October 2024 | 40,000 | 40152.99 | 0.38% | 0.38% |
| 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
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.97%
Standard Deviation
0.25%
Beta
-5.53%
Sharpe Ratio
-0.04%
Treynor's Ratio
-9.12%
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 | 4.52% | 218700 | 39.28 | Equity | Banks |
| Bharti Airtel | 3.42% | 182475 | 29.69 | Equity | Telecomm-Service |
| ICICI Bank | 3.26% | 218000 | 28.34 | Equity | Banks |
| Reliance Industr | 2.88% | 193500 | 25.00 | Equity | Refineries |
| Infosys | 2.72% | 127000 | 23.59 | Equity | IT - Software |
| ITC | 2.48% | 451400 | 21.52 | Equity | Tobacco Products |
| Axis Bank | 2.33% | 178375 | 20.27 | Equity | Banks |
| Bajaj Finance | 1.61% | 21250 | 13.97 | Equity | Finance |
| Hind. Unilever | 1.58% | 55000 | 13.73 | Equity | FMCG |
| St Bk of India | 1.43% | 147600 | 12.38 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Union Multi Asset Allocation Fund - Direct (G) | 868.47 | 0.70% | -1.28% | - | - | - | |
| Quant Multi Asset Fund - Direct (G) | 3152.60 | -1.23% | -3.19% | 2.66% | 27.60% | 22.43% | |
| Quant Multi Asset Fund - Direct (IDCW) | 3152.60 | -1.23% | -3.19% | 2.66% | 27.58% | 22.41% | |
| UTI-Multi Asset Allocation Fund - Direct (G) | 4682.25 | 0.36% | -3.32% | 4.28% | 21.82% | 18.90% | |
| UTI-Multi Asset Allocation Fund - Direct (IDCW) | 4682.25 | 0.36% | -3.32% | 4.27% | 21.82% | 18.90% | |
| Nippon India Multi Asset Allocation Fund-Dir (G) | 4683.26 | -0.75% | -3.08% | 3.57% | 20.10% | 16.64% |
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.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 Managers of the following schemes with effect from: 09 December 2024Change 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 ChopraMr. Pratik Dharmshi
and Mr. Gaurav ChopraUnion Focused Fund Mr. Sanjay Bembalkar
and Mr. Vinod MalviyaMr. Pratik Dharmshi
and Mr. Vinod MalviyaUnion Retirement Fund Mr. Sanjay Bembalkar
and Mr. Vinod MalviyaMr. Pratik Dharmshi
and Mr. Vinod MalviyaUnion Large & Midcap Fund Mr. Vinod Malviya
and Mr. Sanjay BembalkarMr. Vinod Malviya
and Mr. Pratik DharmshiUnion Midcap Fund Mr. Gaurav Chopra
and Mr. Sanjay BembalkarMr. Gaurav Chopra
and Mr. Pratik DharmshiUnion Business Cycle Fund Mr. Harshad Patwardhan
and Mr. Sanjay BembalkarMr. Harshad Patwardhan
and Mr. Pratik DharmshiPowered 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, 2024Change 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
Fund House Details & Investment Objective
Date of Incorporation
20 August 2024
Total AUM (Cr)
₹868.47
Union Multi Asset Allocation Fund - Direct (G) is an Multi Asset Allocation-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 20 August 2024, this fund is managed by Sanjay Bembalkar. With assets under management (AUM) worth ₹868.47 (Cr), as of 1 January 2025, Union Multi Asset Allocation Fund - Direct (G) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 0.40% since its launch.
The current NAV of Union Multi Asset Allocation Fund - Direct (G) is ₹10.09, as on 1 January 2025. The fund's benchmark index is 65% NIFTY 50 TRI + 20% NIFTY Composite Debt Index + 15% Domestic prices of Gold. You can invest in Union Multi Asset Allocation Fund - Direct (G) 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:
Exit Load: 1% if units are redeemed/switched out on or before completion of 15 days from the date of allotment. Nil if redeemed or switched out after completion of 15 days 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 67.41% in Equity, 11.18% in Debt and 21.41% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 22.39% in Others, 12.52% in Banks, 11.99% in Debt, 6.65% in IT-Software, 5.00% in Pharmaceuticals & Biotech
FAQs
How to Invest in Union Multi Asset Allocation Fund - Direct (G) Direct Growth?
Union Multi Asset Allocation Fund - Direct (G) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 0.40% since inception. Looking to invest in Union Multi Asset Allocation Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Multi Asset Allocation Fund - Direct (G) 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 Multi Asset Allocation Fund - Direct (G)
- 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 Multi Asset Allocation Fund - Direct (G) today and reap the benefits of this Multi Asset Allocation fund!
How much returns has Union Multi Asset Allocation Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Union Multi Asset Allocation Fund - Direct (G) Direct Growth?
What is the AUM of Union Multi Asset Allocation Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Union Multi Asset Allocation Fund - Direct (G) Direct Growth?
Redeeming or selling units of Union Multi Asset Allocation Fund - Direct (G) 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 Multi Asset Allocation Fund - Direct (G):
- 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 Multi Asset Allocation Fund - Direct (G)).
- 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).