Union Gilt Fund Regular Growth
DebtGovernment BondModerate Risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹172 Cr
Expense Ratio
1.20%
ISIN
INF582M01ID0
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
08 Aug 2022
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹11.59, Assets Under Management (AUM) of 172.14 Crores, and an expense ratio of 1.2%.
- Union Gilt Fund Regular Growth has given a CAGR return of 7.35% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.46% in debts, and 3.54% in cash & cash equivalents.
- You can start investing in Union Gilt Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+9.18%
+8.71% (Cat Avg.)
Since Inception
+7.35%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹166.05 Cr | 96.46% |
| Others | ₹6.1 Cr | 3.54% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹66.73 Cr | 39.28% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹40.67 Cr | 23.94% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹35.76 Cr | 21.05% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹15.52 Cr | 9.14% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹5.2 Cr | 3.06% |
| Net Receivable / Payable | Cash - Collateral | ₹3.75 Cr | 2.21% |
| Treps | Cash - Repurchase Agreement | ₹2.27 Cr | 1.33% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹163.88 Cr | 96.46% |
| Cash - Collateral | ₹3.75 Cr | 2.21% |
| Cash - Repurchase Agreement | ₹2.27 Cr | 1.33% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
2.41%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.14
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.14
Higher the better
Fund Managers
Parijat Agrawal
Since August 2022
Anindya Sarkar
Since August 2022
Additional Scheme Detailsas of 15th August 2024
ISIN | INF582M01ID0 | Expense Ratio | 1.20% | Exit Load | No Charges | Fund Size | ₹172 Cr | Age | 08 Aug 2022 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Dynamic Gilt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Government Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mirae Asset Nifty 8-13 yr G-Sec ETF Moderate Risk | 0.1% | - | ₹84.13 Cr | 9.1% |
| Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight Low to Moderate Risk | 0.2% | - | ₹7113.08 Cr | 7.9% |
| Nippon India Gilt Securities Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹1876.87 Cr | 9.1% |
| Tata Gilt Securities Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹740.81 Cr | 7.9% |
| BHARAT Bond ETF April 2033 Moderate Risk | 0.0% | - | ₹5773.78 Cr | 9.1% |
| Franklin India Government Securities Regular Growth Moderate Risk | 1.1% | 0.0% | ₹143.62 Cr | 7.1% |
| HDFC Gilt Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹2580.51 Cr | 8.8% |
| UTI Gilt Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹647.48 Cr | 8.9% |
| ICICI Prudential Gilt Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹6292.48 Cr | 8.1% |
| SBI Magnum Gilt Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹9500.76 Cr | 9.3% |
About the AMC
Total AUM
₹20,996 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.56 Cr | - |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹776.95 Cr | 41.2% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | - | 7.8% |
| Union Small Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹4860.19 Cr | 31.7% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹648.99 Cr | 26.9% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹239.50 Cr | 7.8% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹282.36 Cr | 38.2% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1053.06 Cr | 36.2% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1572.46 Cr | 21.0% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹226.18 Cr | 14.0% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹234.99 Cr | 8.4% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹960.42 Cr | 33.1% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹109.75 Cr | 8.8% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1053.06 Cr | 32.2% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4794.55 Cr | 7.4% |
| Union Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1372.06 Cr | 41.4% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹172.14 Cr | 9.7% |
| Union Largecap Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹393.63 Cr | 29.3% |
| Union Retirement Fund Direct Growth Very High Risk | 1.1% | 0.0% | ₹144.33 Cr | 34.3% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹349.94 Cr | 7.9% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹244.99 Cr | 6.8% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹426.98 Cr | 26.4% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹175.41 Cr | 7.2% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹849.33 Cr | 33.5% |
Risk Level
Your principal amount will be at Moderate Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Gilt Fund Regular Growth?
What is the portfolio composition of Union Gilt Fund Regular Growth?
Who manages the Union Gilt Fund Regular Growth?
- Parijat Agrawal
- Anindya Sarkar
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.