Union Arbitrage Fund - Direct (IDCW)


Arbitrage Fund
  • NAV 13.19 (0.07%)
  • Fund Size (Cr) ₹201.13
  • Expense Ratio 0.4
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹1000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹1000
  • Exit Load 0.25%
  • Return Since Launch 5.73%

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
  • 11-Jun-24
  • 10010.04
  • 0.10%
  • -
  • 0.11%
  • 114/153
  • 1 Month
  • 17-May-24
  • 10068.75
  • 0.69%
  • -
  • 0.65%
  • 48/153
  • 3 Month
  • 18-Mar-24
  • 10210.91
  • 2.11%
  • -
  • 2.01%
  • 39/153
  • 6 Month
  • 18-Dec-23
  • 10439.09
  • 4.39%
  • -
  • 4.11%
  • 26/153
  • 1 Year
  • 16-Jun-23
  • 10851.17
  • 8.51%
  • 8.51%
  • 7.98%
  • 28/147
  • 3 Year
  • 18-Jun-21
  • 11938.46
  • 19.38%
  • 6.08%
  • 5.74%
  • 44/145
  • 5 Year
  • 18-Jun-19
  • 13138.51
  • 31.39%
  • 5.61%
  • 5.18%
  • 35/133
  • Since Inception
  • 20-Feb-19
  • 13458.7
  • 34.59%
  • 5.73%
  • 5.69%
  • 86/153

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 127865.17
  • 6.55%
  • 6.55%
  • 3 Year
  • 01-Jul-21
  • 360000
  • 409006.47
  • 13.61%
  • 4.35%
  • 5 Year
  • 01-Jul-19
  • 600000
  • 712847.21
  • 18.81%
  • 3.51%
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

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
    0.21%
  • Beta
    0.22%
  • Sharpe Ratio
    -1.31%
  • Treynor’s Ratio
    -1.32%
  • Jension’s Alpha
    -0.72%

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
  • 4.31%
  • 56650
  • 8.68
  • Equity
  • Banks
  • Kotak Mah. Bank
  • 2.21%
  • 26400
  • 4.44
  • Equity
  • Banks
  • Reliance Industr
  • 1.96%
  • 13750
  • 3.93
  • Equity
  • Refineries
  • Coal India
  • 1.8%
  • 73500
  • 3.61
  • Equity
  • Mining & Mineral products
  • Hind.Aeronautics
  • 1.78%
  • 7200
  • 3.58
  • Equity
  • Aerospace & Defence
  • Interglobe Aviat
  • 1.75%
  • 8400
  • 3.52
  • Equity
  • Air Transport Service
  • Maruti Suzuki
  • 1.63%
  • 2650
  • 3.29
  • Equity
  • Automobile
  • Max Financial
  • 1.57%
  • 34400
  • 3.16
  • Equity
  • Finance
  • ITC
  • 1.32%
  • 62400
  • 2.66
  • Equity
  • Tobacco Products
  • Tata Steel
  • 1.28%
  • 154000
  • 2.57
  • Equity
  • Steel

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Union Arbitrage Fund - Direct (IDCW)
  • Stars
  • 201.13
  • 0.69%
  • 2.11%
  • 4.39%
  • 8.51%
  • 6.08%
  • Kotak Equity Arbitrage Fund - Direct (G)
  • Stars
  • 46307.74
  • 0.72%
  • 2.21%
  • 4.58%
  • 8.82%
  • 6.56%
  • Baroda BNP Paribas Arbitrage Fund - Dir (G)
  • Stars
  • 1059.62
  • 0.71%
  • 2.19%
  • 4.39%
  • 8.71%
  • 6.20%
  • Baroda BNP Paribas Arbitrage Fund - Dir (IDCW-M)
  • Stars
  • 1059.62
  • 0.71%
  • 2.19%
  • 4.38%
  • 8.70%
  • 6.02%
  • Baroda BNP Paribas Arbitrage Fund - Dir(Adhoc-IDCW)
  • Stars
  • 1059.62
  • 0.71%
  • 2.19%
  • 4.39%
  • 8.70%
  • 6.03%
  • Baroda BNP Paribas Arbitrage Fund - Dir (IDCW-Q)
  • Stars
  • 1059.62
  • 0.71%
  • 2.19%
  • 4.38%
  • 8.70%
  • 6.19%

News

  • Union MF Announces change in benchmark index under its schemes Union Mutual Fund has announced change the benchmark index for the following schemes, with effect from 01 June 2024. Accordingly, the revised benchmark index will be:

    Changes in the Schemes Benchmark Index:

    Scheme Name Existing Benchmark Revised Benchmark
    Union Flexi Cap Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)
    Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund) S&P BSE 500 Index (TRI) BSE 500 (TRI)
    Union Small Cap Fund S&P BSE 250 SmallCap Index (TRI) BSE 250 SmallCap Index (TRI)
    Union Largecap Fund S&P BSE 100 Index (TRI) BSE 100 Index (TRI)
    Union Value Fund (Formerly Union Value Discovery Fund) S&P BSE 500 Index (TRI)BSE 500 Index (TRI)
    Union Focused Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)
    Union Midcap Fund S&P BSE 150 MidCap Index (TRI) BSE 150 MidCap Index (TRI)
    Union Children?s Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)
    Union Retirement Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)

    Powered by Capital Market - Live News

  • Union MF Announces Change In the Benchmark Union Mutual Fund has announced Change in the Benchmark of Union Large & Midcap Fund under the following scheme, with effect from May 02, 2024

    Name of the Scheme Existing Risk-o-meter of the Benchmark Revised Risk-o-meter of the Benchmark
    Union Large & Midcap Fund S&P BSE 250 LargeMidCap Index (TRI) ^^ NIFTY LargeMidcap 250 Index (TRI) @@@

    Powered by Capital Market - Live News

  • Union MF Announces change in fund managers under its schemes Union Mutual Fund has announced change in fund managers under the following schemes, with effect from 02 May 2024.

    Change in Fund Management Responsibilities:

    <
    Name of the Scheme Existing Fund Managers/ Co-Fund Managers New Fund Managers/ Co-Fund Managers
    Union Large & Midcap Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora
    Mr. Hardick Bora and
    Mr. Vinod Malviya
    Union Largecap Fund Mr. Hardick Bora,
    Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya
    Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya
    Union Midcap Fund Mr. Sanjay Bembalkar,
    Mr. Hardick Bora and
    Mr. Gaurav Chopra
    Mr. Hardick Bora and
    Mr. Gaurav Chopra

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 30-Jan-2019
  • Total AUM (Cr) ₹201.13

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 ₹201.13 (Cr), as of 19-Jun-2024, Union Arbitrage Fund - Direct (IDCW) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.73% since its launch.
The current NAV of Union Arbitrage Fund - Direct (IDCW) is ₹13.19, as on 19-Jun-2024. 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 ₹100 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 6.08% and 5.61% 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 78.78% in Equity, 8.29% in Debt and 12.92% in cash and cash equivalents
The top 5 sectors the fund invests in are: 13.4% in Others, 12.62% in Banks, 8.29% in Debt, 6.35% in Pharmaceuticals & Biotech and 5.52% 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 5.73% 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 8.51%. In the long-term, the fund has generated 6.08% and 5.61% in 3 and 5 years respectively. Since its inception, the fund has generated 5.73% returns.

The expense ratio of Union Arbitrage Fund - Direct (IDCW) Direct Growth is 0.4%. 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 ₹201.13 (Cr) as of 19 June 2024. 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 ₹100. 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 ₹13.19 as on 19 June 2024.

The 5 biggest stock holdings of Union Arbitrage Fund - Direct (IDCW) are:
HDFC Bank (4.31%), Kotak Mah. Bank (2.21%), Reliance Industr (1.96%), Coal India (1.8%), Hind.Aeronautics (1.78%)

A majority of Union Arbitrage Fund - Direct (IDCW) 's AUM worth ₹201.13 (Cr) is invested in these 3 top sectors:

  • Others: 13.4%
  • Banks: 12.62%
  • Debt: 8.29%

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