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

Yes, you can invest both lumpsum and SIP in Union Retirement Fund - Direct (IDCW). Minimum lumpsum investment Union Retirement 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 Retirement Fund - Direct (IDCW) Direct Growth?

The latest NAV (Net Asset Value) of Union Retirement Fund - Direct (IDCW) is Union Retirement Fund - Direct (IDCW) is ₹14.91 as on 2025-02-03.

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

The 5 biggest stock holdings of Union Retirement Fund - Direct (IDCW) are: HDFC Bank (7.83%), ICICI Bank (4.74%), Reliance Industr (3.32%), Infosys (3.22%), Larsen & Toubro (2.94%)

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

A majority of Union Retirement Fund - Direct (IDCW) 's AUM worth ₹156.27 (Cr) is invested in these 3 top sectors: Banks : 16.97% IT-Software : 10.07% Debt : 6.65%

Mutual Funds
Union Retirement Fund - Direct (IDCW)

Union Retirement Fund - Direct (IDCW)

Retirement Fund

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NAV
14.91(-0.60%)
Fund Size (CR)
₹156.27
Expense Ratio
1.16
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
0%
Return Since Launch
18.36%

Absolute Return: -4.67%

Annualized Return: 0%

Basic Details

Scheme Manager

Pratik Dharmshi

Bench Mark

BSE 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	27 January 2025	10261.53	2.62%	-	1.40%	12/106
1 Month	3 January 2025	9371.46	-6.29%	-	-3.58%	86/106
3 Month	31 October 2024	9466.67	-5.33%	-	-2.72%	87/106
6 Month	2 August 2024	9454.66	-5.45%	-	-2.37%	82/106
1 Year	2 February 2024	10979.38	9.79%	9.79%	9.78%	40/98
3 Year	-	-	0%	-	10.98%	-/-
5 Year	-	-	0%	-	12.18%	-/-
Since Inception	22 September 2022	14910.00	49.10%	18.36%	11.75%	10/106

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 March 2024	1,20,000	117241.15	-2.30%	-2.30%
3 Year	3 October 2022	2,90,000	349903.88	20.66%	6.46%
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

3.00%

Standard Deviation

0.83%

Beta

1.41%

Sharpe Ratio

0.06%

Treynor's Ratio

4.44%

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	7.83%	69000	12.23	Equity	Banks
ICICI Bank	4.74%	57788	7.41	Equity	Banks
Reliance Industr	3.32%	42638	5.18	Equity	Refineries
Infosys	3.22%	26800	5.04	Equity	IT - Software
Larsen & Toubro	2.94%	12717	4.59	Equity	Infrastructure Developers & Operators
TCS	1.99%	7600	3.11	Equity	IT - Software
Bharti Airtel	1.94%	19100	3.03	Equity	Telecomm-Service
Godrej Propert.	1.80%	10100	2.81	Equity	Realty
TVS Motor Co.	1.79%	11793	2.79	Equity	Automobile
Info Edg.(India)	1.76%	3167	2.75	Equity	E-Commerce/App based Aggregator

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Retirement Fund - Direct (IDCW)	156.27	-6.29%	-5.33%	-5.45%	9.79%	-
AXIS Retirement Fund - DP - Direct (G)	375.26	-6.10%	-4.33%	-2.96%	17.06%	12.46%
AXIS Retirement Fund - DP - Direct (IDCW)	375.26	-6.12%	-4.34%	-2.95%	17.02%	12.37%
AXIS Retirement Fund - AP - Direct (G)	878.49	-3.90%	-3.27%	-3.02%	15.90%	11.31%
AXIS Retirement Fund - AP - Direct (IDCW)	878.49	-3.91%	-3.28%	-3.03%	15.88%	11.29%
Tata Retirement Savings Fund - Progressiv-Dir (G)	2121.63	-8.20%	-5.41%	-5.78%	15.04%	14.56%

News

Union Short Duration Fund announces Extension of NFO period
Union Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

Name of the Scheme Existing closing date of NFO Revised closing date of NFO

Union Short Duration Fund 28 January 2025 29 January 2025

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Name of the Scheme	Existing closing date of NFO	Revised closing date of NFO
Union Short Duration Fund	28 January 2025	29 January 2025

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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Fund House Details & Investment Objective

Date of Incorporation

1 September 2022

Total AUM (Cr)

₹156.27

Union Retirement Fund - Direct (IDCW) is an Retirement Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 1 September 2022, this fund is managed by Pratik Dharmshi. With assets under management (AUM) worth ₹156.27 (Cr), as of 3 February 2025, Union Retirement Fund - Direct (IDCW) is categorized as a Retirement Fund within its segment. The fund has generated a return of 18.36% since its launch.
The current NAV of Union Retirement Fund - Direct (IDCW) is ₹14.91, as on 3 February 2025. The fund's benchmark index is BSE 500 TRI. You can invest in Union Retirement 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:
Nil 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 92.97% in Equity, 7.25% in Debt and -0.22% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 16.97% in Banks, 10.07% in IT-Software, 6.65% in Debt, 5.31% in Pharmaceuticals & Biotech, 5.31% in Finance

FAQs

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

Union Retirement Fund - Direct (IDCW) is a popular fund in the Retirement Fund segment. The fund has generated a return of 18.36% since inception. Looking to invest in Union Retirement Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Retirement 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 Retirement 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 Retirement Fund - Direct (IDCW) today and reap the benefits of this Retirement Fund fund!

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

In the short term, i.e., 1 year, Union Retirement Fund - Direct (IDCW) has generated annualised return of 9.79%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 18.36% returns.

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

The expense ratio of Union Retirement Fund - Direct (IDCW) Direct Growth is 1.16%. 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 Retirement Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Union Retirement Fund - Direct (IDCW) is ₹156.27 (Cr) as of 2025-02-03 AUM shows the fund’s popularity and is often indicative of fund strength.

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

Redeeming or selling units of Union Retirement 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 Retirement 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 Retirement 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).