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Union Equity Savings Fund Direct Growth
3Direct
Growth
3 yr CAGR
+9.1%
3Direct
Growth
3 yr CAGR
+9.1%
Fund overview
Net Asset Value
₹17.11
AUM (Fund size)
140.34 Crore
Lock-in period
No Lock-in
Exit Load
1% in 15 days
Expense ratio
1.42%
Risk
Moderate
Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.04 Lakhs ₹
Min investment of ₹2,000 required
Top holdings
| Holdings | Weightage |
|---|---|
| Cash Offset For Derivatives | 79.87% |
| Derivatives Total | 39.94% |
| Treps | 8.26% |
| Small Industries Development Bank Of India | 3.56% |
| 91 DTB 09012025 | 3.54% |
| 364 DTB | 3.53% |
| 91 Days Tbill | 3.53% |
| 91 DTB 23012025 | 3.53% |
| 364 Days T - Bill- 06/02/2025 | 3.52% |
| HDFC Bank Ltd | 3.49% |
Calculate returns
Monthly (SIP)
One-Time
₹
yrs
₹4,000 invested monthly becomes ₹0 in a period of 20 years
Top Sectors
Related Funds
| Fund | NAV | 3yr Returns | Risk |
|---|---|---|---|
| 37.54 | 15.01% | Moderately High risk | |
| 27.91 | 12.87% | Moderate Risk | |
| 24.47 | 10.01% | Moderately High risk | |
| 20.76 | 10.99% | Moderately High risk | |
| 26.41 | 10.8% | Moderate Risk | |
| 25.76 | 11.15% | Moderately High risk | |
| 18.67 | 11.34% | Moderate Risk | |
| 17.05 | 8.98% | Moderate Risk | |
| 23.21 | 6.93% | Moderate Risk | |
| 23.07 | 9.15% | Moderate Risk |
About Union Asset Management Co. Pvt. Ltd.
Union Mutual Fund, the investment wing of Union Bank of India, is one of the key drivers of the asset management sector in India for over a decade. The vision of the company is to provide opportunities to investors so that they can achieve sustainable prosperity by investing responsibly in the capital markets.The AMC was set up on December 30, 2009, with the aim to formulate a robust asset management portfolio in India. They already had access to the extensive client base of Union Bank of India, which they capitalised on extensively.
Managers | Parijat Agrawal, Sanjay Bembalkar, Gaurav Chopra |
Custodians | SBI-SG Global Securities Services Private Limited |
Address | Union Asset Management Co. Pvt. Ltd. Unit 802, 8th Floor, Tower ‘A’, |
Fax Nos. | +91 022 67483402 |
Telephone Nos. | +91 022 67483333 |
Homepage | www.unionmf.com/ |
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Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.04 Lakhs ₹
Min investment of ₹2,000 required
Why Invest with ClearTax
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Frequently Asked Questions
What are Balanced/Hybrid funds?
Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.
Who should invest in a Balanced/hybrid fund?
Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation
Who should invest in a Balanced/hybrid fund?
Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation
What is a lock-in period?
It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates
Is KYC necessary for BLACK?
KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.
What is a Mandate (Auto-SIP)?
A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.
