3 Year return
19.79%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹292.89 Cr.
Expense Ratio
1.34% (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.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Union Mutual Fund Managers
VP
Vinay Paharia
Fund Manager since Mar 2024
Fund House Details
Union Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
ICICI Prudential Value Discovery Fund |
23.5% |
5 |
Templeton India Value Fund |
24.37% |
4 |
Bandhan Sterling Value Fund |
22.23% |
4 |
Schemes by Union Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan IDCW Payout
About Union Value Discovery Fund Direct Plan Growth
Union Value Discovery Fund Direct Plan Growth, managed by Union Mutual Fund, is a value fund that aims to identify undervalued stocks across market capitalisations. The fund employs a value investing strategy, focusing on companies with strong fundamentals and growth potential that are trading at a discount to their intrinsic value. The fund has an expense ratio that is higher than the category average.
Investment Objective of the Scheme
The main objective of Union Value Discovery Fund Direct Plan Growth is to achieve long-term capital appreciation by investing in a diversified portfolio of stocks that are deemed undervalued by the fund's investment team. The fund managers conduct in-depth research to select stocks that offer growth prospects and are available at attractive valuations.
Key Features of The Fund
5-year return | 24.33% |
Expense Ratio | 1.34% |
Fund Manager | Vinay Paharia |
Fund Size | ₹292.89 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
Union Value Discovery Fund Direct Plan Growth can be a suitable choice for investors seeking exposure to a value-oriented equity portfolio. If you believe in the potential of investing in fundamentally sound companies at a discount, and you are comfortable with potential short-term market fluctuations, this fund might align with your investment philosophy. However, keep in mind that value investing can involve periods of underperformance, and the fund's returns may vary based on market conditions. It's important to assess your risk tolerance and long-term investment goals before adding this fund to your portfolio. Consulting a financial advisor can help you determine if this scheme suits your overall investment strategy.
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 |
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.
Secure Your Retirement With SIPs
FAQs
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What is the minimum SIP amount to invest in Union Value Fund?
How do I invest in Union Value Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Union Value Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Union Value Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Union Value Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.