Union Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
5.92%
3Y annualised
-0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 May 2024₹13.38
Min. SIP amount₹500
Rating2
Fund size₹179.35Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.2%5.9%5.6%5.7%
Category average7.3%5.3%5.0%NA
Rank with in category111815NA
Understand terms

Holdings (188)

NameSectorInstrumentAssets
Union Liquid Direct
NAMutual Fund11.63%
FinancialEquity5.45%
EnergyEquity3.37%
AutomobileEquity2.26%
FinancialEquity2.15%
EnergyEquity2.04%
ConstructionEquity1.95%
FinancialEquity1.64%
Metals & MiningEquity1.53%
AutomobileEquity1.49%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2
Higher alpha: 2.64 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Lower expense ratio: 0.4%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.40%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 1 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Devesh Thacker
Jan 2019 - Present
View details

Vishal Thakker
Jan 2019 - Present
View details

Education
Mr.Thakker has done B.Com & M.B.A
Experience
Prior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Launch Date
30 Dec 2009
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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