3 Year return

16.61%
Launched on April 2017 (7 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹346.87 Cr.

Expense Ratio

1.68% (inclusive of GST)

Exit Load

1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

Ratings

ARQ Rating
1.5

Ratings by other agencies

2
3
2

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Union Mutual Fund Managers

VP

Vinay Paharia

Fund Manager since Jan 2024

View Details

Fund House Details

Union Mutual Fund

Union Mutual Fund Asset management company

AUM ₹14,674.66 Cr.
No. of Schemes 73
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Union Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Union Largecap Fund Direct Plan Growth

The Union Largecap Fund Direct Plan Growth is managed by Union Asset Management Company, a well-known name in the mutual fund industry. This fund falls under the category of large-cap funds, which means it primarily invests in the stocks of well-established and financially strong companies with a large market capitalization. These companies are generally considered more stable and have a proven track record.

Investment Objectives of the Scheme

The main objective of the Union Largecap Fund Direct Plan Growth is to generate long-term capital appreciation by investing primarily in the equity and equity-related instruments of large-cap companies. The fund aims to achieve this by selecting stocks that have the potential to grow over the long term while managing risk through diversification.

Key Features of The Fund

5-year return 16.77%
Expense Ratio 1.68%
Fund Manager Vinay Paharia
Fund Size ₹346.87 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Union Largecap Fund Direct Plan Growth can be suitable for investors who are looking for a balanced combination of stability and growth potential in their investment portfolio. If you're willing to stay invested for the long term and want exposure to established companies that have historically shown resilience and consistent performance, this fund could align with your investment goals. It's also a good option for those who prefer professional management and don't want to worry about individual stock selection.

AMC Contact Details

Name Union Mutual Fund
Launch Date 23rd March 2011
Addresss Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact (022) 6748 3300
Email investorcare@unionmf.com
Website https://www.unionmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest With Confidence, Choose the Right SIP

Assess your risk tolerance through a straightforward questionnaire and craft a SIP plan that aligns perfectly with your financial aspirations. With a clear understanding of your risk appetite, you can make informed investment choices tailored to your unique circumstances. By striking the right balance, you'll pave the way for long-term financial stability and success. Use our SIP return calculator for aid.

FAQs

What is today's NAV of Union Largecap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Union Largecap Fund Jun 18 2024 is 24.4

What is the AUM of Union Largecap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Union Largecap Fund is 346.87 crore.

What is the expense ratio of Union Largecap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Union Largecap Fund is 1.68%

What are the returns of Union Largecap Fund since inception?

The Union Largecap Fund was launched on Apr 20 2017. The fund has delivered a CAGR of 13.29 since inception.

What is the minimum SIP amount to invest in Union Largecap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Union Largecap Fund is 500.

How do I invest in Union Largecap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Union Largecap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Union Largecap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Union Largecap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.