3 Year return

0
Launched on September 2022 (2 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

No data found for this scheme

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹126.74 Cr.

Expense Ratio

1.11% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

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 the Union Retirement Fund Direct Plan Growth

The Union Retirement Fund Direct Plan Growth is an open-ended equity mutual fund scheme that invests in a diversified portfolio of equity and debt securities. The fund aims to generate long-term capital growth for its investors and provide a steady stream of income in retirement.

Investment Objectives of the Scheme

The investment objective of the Union Retirement Fund Direct Plan Growth is to generate long-term capital growth for its investors and provide a steady stream of income in retirement. The fund will invest in a diversified portfolio of equity and debt securities, with the aim of generating returns that are superior to inflation.

Key Features of The Fund

5-year return NA
Expense Ratio 1.11%
Fund Manager Vinay Paharia
Fund Size ₹126.74 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Union Retirement Fund Direct Plan Growth is a good option for investors who are looking for a long-term investment that can provide them with a steady stream of income in retirement. The fund is suitable for investors who have a time horizon of at least 10 years and who are comfortable with the risk of investing in equity and debt securities.

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.

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FAQs

What is today's NAV of Union Retirement 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 Retirement Fund Jun 19 2024 is 15.15

What is the AUM of Union Retirement 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 Retirement Fund is 126.74 crore.

What is the expense ratio of Union Retirement 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 Retirement Fund is 1.11%

What are the returns of Union Retirement Fund since inception?

The Union Retirement Fund was launched on Sep 01 2022. The fund has delivered a CAGR of 27.36 since inception.

What is the minimum SIP amount to invest in Union Retirement 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 Retirement Fund is 500.

How do I invest in Union Retirement 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 Retirement 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 Retirement 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 Retirement 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.