Union Arbitrage Fund - Direct (IDCW)


Arbitrage Fund
  • NAV 12.60 (0.08%)
  • Fund Size (Cr) ₹103.42
  • Expense Ratio 0.42
  • Scheme Type Active Fund
  • Value Research
  • Minimum investment ₹1000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹1000
  • Exit Load 0.25%
  • Return Since Launch 5.38%

Basic Details

Scheme Manager
Vishal Thakker
Bench Mark
Nifty 50 Arbitrage TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 30-Nov-23
  • 10010.35
  • 0.10%
  • -
  • 0.11%
  • 89/153
  • 1 Month
  • 07-Nov-23
  • 10044.06
  • 0.44%
  • -
  • 0.44%
  • 74/153
  • 3 Month
  • 07-Sep-23
  • 10178.75
  • 1.79%
  • -
  • 1.62%
  • 7/147
  • 6 Month
  • 07-Jun-23
  • 10380.49
  • 3.80%
  • -
  • 3.63%
  • 41/147
  • 1 Year
  • 07-Dec-22
  • 10775.79
  • 7.76%
  • 7.76%
  • 7.39%
  • 42/147
  • 3 Year
  • 07-Dec-20
  • 11660.15
  • 16.60%
  • 5.25%
  • 4.98%
  • 50/144
  • 5 Year
  • 0
  • 0%
  • -
  • 4.93%
  • -/-
  • Since Inception
  • 20-Feb-19
  • 12858
  • 28.58%
  • 5.38%
  • 5.32%
  • 89/153

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 02-Jan-23
  • 120000
  • 126980.03
  • 5.82%
  • 5.82%
  • 3 Year
  • 01-Jan-21
  • 360000
  • 401740.29
  • 11.59%
  • 3.72%
  • 5 Year
  • 01-Mar-19
  • 580000
  • 672130.76
  • 15.88%
  • 2.99%
  • 10 Year
  • 01-Mar-19
  • 580000
  • 672130.76
  • 15.88%
  • 1.49%

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

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Risk Ratios

  • Standard Deviation
    0.06%
  • Beta
    0.00%
  • Sharpe Ratio
    0.22%
  • Treynor’s Ratio
    7.01%
  • Jension’s Alpha
    0.01%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 2.43%
  • 17050
  • 2.52
  • Equity
  • Banks
  • Kotak Mah. Bank
  • 2.42%
  • 14400
  • 2.50
  • Equity
  • Banks
  • Grasim Inds
  • 2.34%
  • 12825
  • 2.42
  • Equity
  • Textiles
  • Polycab India
  • 2.28%
  • 4800
  • 2.36
  • Equity
  • Cables
  • Reliance Industr
  • 2.16%
  • 9750
  • 2.23
  • Equity
  • Refineries
  • GAIL (India)
  • 2.11%
  • 183000
  • 2.19
  • Equity
  • Gas Distribution
  • Tata Motors
  • 1.99%
  • 32775
  • 2.06
  • Equity
  • Automobile
  • Coal India
  • 1.91%
  • 63000
  • 1.98
  • Equity
  • Mining & Mineral products
  • TCS
  • 1.88%
  • 5775
  • 1.95
  • Equity
  • IT - Software
  • Zee Entertainmen
  • 1.88%
  • 75000
  • 1.94
  • Equity
  • Entertainment

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Union Arbitrage Fund - Direct (IDCW)
  • 103.42
  • 0.44%
  • 1.79%
  • 3.80%
  • 7.76%
  • 5.25%
  • DSP Arbitrage Fund - Direct (IDCW-M)
  • 2613.55
  • 0.48%
  • 1.70%
  • 4.11%
  • 8.23%
  • 5.50%
  • Invesco India Arbitrage Fund - Direct (G)
  • 8677.55
  • 0.54%
  • 1.81%
  • 4.02%
  • 8.22%
  • 5.92%
  • Invesco India Arbitrage Fund - Direct (IDCW)
  • 8677.55
  • 0.54%
  • 1.81%
  • 4.02%
  • 8.22%
  • 5.92%
  • Invesco India Arbitrage Fund - Dir (Annual-B)
  • 8677.55
  • 0.53%
  • 1.80%
  • 4.02%
  • 8.21%
  • 5.92%
  • Kotak Equity Arbitrage Fund - Direct (G)
  • 28957.71
  • 0.46%
  • 1.78%
  • 3.97%
  • 8.19%
  • 5.82%

News

  • Union MF Announces change in scheme name Union Mutual Fund has announced change in scheme name under the following scheme, with effect from 13 December 2023:

    Change in the name of the Scheme:

    Existing Name Revised Name
    Union Tax Saver (ELSS) Fund Union ELSS Tax Saver Fund

    Powered by Capital Market - Live News

  • Union MF Announces Change In Risk-o-meter of the Benchmark Union Mutual Fund has announced Change in the Risk-o-meter of the Benchmark of Union Money Market Fund & Union Medium Duration Fund under the following scheme, with immediate effect.

    Name of the Scheme Existing Risk-o-meter of the Benchmark Revised Risk-o-meter of the Benchmark
    Union Money Market Fund Low to Moderate & CRISIL Money Market B-I Index Moderate & CRISIL Money Market B-I Index
    Union Medium Duration Fund Moderate & CRISIL Medium Duration Debt B-III Index Moderately High & CRISIL Medium Duration Debt B-III Index

    Powered by Capital Market - Live News

  • Union MF Announces Change In Risk-o-meter of the Benchmark Union Mutual Fund has announced Change in the Risk-o-meter of the Benchmark of Union Money Market Fund under the following scheme, with immediate effect.

    Name of the Scheme Existing Risk-o-meter of the Benchmark Revised Risk-o-meter of the Benchmark
    Union Money Market Fund Low to Moderate & CRISIL Money Market B-I Index Moderate & CRISIL Money Market B-I Index

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 30-Jan-2019
  • Total AUM (Cr) ₹103.42

Union Arbitrage Fund - Direct (IDCW) is an Arbitrage Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in Jan 2019, this fund is managed by Vishal Thakker. With assets under management (AUM) worth ₹103.42 (Cr), as of 08-Dec-2023, Union Arbitrage Fund - Direct (IDCW) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.38% since its launch.
The current NAV of Union Arbitrage Fund - Direct (IDCW) is ₹12.60, as on 08-Dec-2023. The fund’s benchmark index is Nifty 50 Arbitrage TRI. You can invest in Union Arbitrage Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹1000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
0.25% - If redeemed or switched out on or before completion of 1 month from the date of allotment of units Nil - If redeemed or switched out after completion of 1 month from the date of allotment of units.
The fund has generated 5.25% and - 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 77.44% in Equity, 11.06% in Debt and 11.5% in cash and cash equivalents
The top 5 sectors the fund invests in are: 11.87% in Debt, 9.84% in Cash & Others, 9.05% in Others, 8.50% in Banks and 6.32% in Automobiles.

FAQs on Union Arbitrage Fund - Direct (IDCW)

Union Arbitrage Fund - Direct (IDCW) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 5.38% since inception. Looking to invest in Union Arbitrage Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Arbitrage 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 Arbitrage 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 Arbitrage Fund - Direct (IDCW) today and reap the benefits of this Arbitrage Fund fund!

In the short term, i.e., 1 year, Union Arbitrage Fund - Direct (IDCW) has generated annualised return of 7.76%. In the long-term, the fund has generated 5.25% and - in 3 and 5 years respectively. Since its inception, the fund has generated 5.38% returns.

The expense ratio of Union Arbitrage Fund - Direct (IDCW) Direct Growth is 0.42%. 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.

The Assets Under Management (AUM) of Union Arbitrage Fund - Direct (IDCW) is ₹103.42 (Cr) as of 08 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Union Arbitrage 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 Arbitrage 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 Arbitrage 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).

Yes, you can invest both lumpsum and SIP in Union Arbitrage Fund - Direct (IDCW). Minimum lumpsum investment Union Arbitrage Fund - Direct (IDCW) is ₹1000 and minimum SIP amount is ₹500. 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.

The latest NAV (Net Asset Value) of Union Arbitrage Fund - Direct (IDCW) is ₹12.60 as on 08 December 2023.

The 5 biggest stock holdings of Union Arbitrage Fund - Direct (IDCW) are:
HDFC Bank (2.43%), Kotak Mah. Bank (2.42%), Grasim Inds (2.34%), Polycab India (2.28%), Reliance Industr (2.16%)

A majority of Union Arbitrage Fund - Direct (IDCW) 's AUM worth ₹103.42 (Cr) is invested in these 3 top sectors:

  • Debt: 11.87%
  • Cash & Others: 9.84%
  • Others: 9.05%

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