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Union Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (21-Nov-24)
₹9.770.10%1D
Returns (Since Inception)
-2.30%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹860 Cr
Expense Ratio
0.96%
ISIN
INF582M01JY4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
10 Sep 2024
About this fund
This fund has been in existence for 2 months and 12 days, having been launched on 10-Sep-24.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹9.77, Assets Under Management (AUM) of 859.62 Crores, and an expense ratio of 0.96%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹9.77, Assets Under Management (AUM) of 859.62 Crores, and an expense ratio of 0.96%.
- Union Multi Asset Allocation Fund Direct Growth has given a CAGR return of -2.30% since inception.
- The fund's asset allocation comprises around 56.63% in equities, 7.01% in debts, and 14.33% in cash & cash equivalents.
- You can start investing in Union Multi Asset Allocation Fund Direct 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.
Since Inception
-2.30%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹486.79 Cr | 56.63% |
| Debt | ₹60.27 Cr | 7.01% |
| Others | ₹312.55 Cr | 36.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹86.9 Cr | 10.11% |
| ICICI Pru Gold ETF | Mutual Fund - ETF | ₹82.53 Cr | 9.60% |
| HDFC Gold ETF | Mutual Fund - ETF | ₹82.4 Cr | 9.59% |
| HDFC Bank Ltd | Equity | ₹37.96 Cr | 4.42% |
| Bharti Airtel Ltd | Equity | ₹29.43 Cr | 3.42% |
| ICICI Bank Ltd | Equity | ₹28.17 Cr | 3.28% |
| SBI Gold ETF | Mutual Fund - ETF | ₹27.48 Cr | 3.20% |
| Reliance Industries Ltd | Equity | ₹25.78 Cr | 3.00% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.12 Cr | 2.92% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.12 Cr | 2.92% |
| Treps | Cash - Repurchase Agreement | ₹22.97 Cr | 2.67% |
| Infosys Ltd | Equity | ₹22.32 Cr | 2.60% |
| ITC Ltd | Equity | ₹22.06 Cr | 2.57% |
| Axis Bank Ltd | Equity | ₹20.68 Cr | 2.41% |
| 191 DTB 12/12/2024 | Bond - Gov't/Treasury | ₹14.89 Cr | 1.73% |
| Bajaj Finance Ltd | Equity | ₹14.64 Cr | 1.70% |
| Hindustan Unilever Ltd | Equity | ₹13.91 Cr | 1.62% |
| NTPC Ltd | Equity | ₹12.63 Cr | 1.47% |
| State Bank of India | Equity | ₹12.11 Cr | 1.41% |
| Larsen & Toubro Ltd | Equity | ₹11.59 Cr | 1.35% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹11.09 Cr | 1.29% |
| Tata Consultancy Services Ltd | Equity | ₹10.71 Cr | 1.25% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹-10.37 Cr | 1.21% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹10.03 Cr | 1.17% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-9.84 Cr | 1.14% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-9.33 Cr | 1.09% |
| Mankind Pharma Ltd | Equity | ₹8.8 Cr | 1.02% |
| Future on Tata Motors Ltd | Equity - Future | ₹-8.64 Cr | 1.00% |
| Tata Motors Ltd | Equity | ₹8.58 Cr | 1.00% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-8.27 Cr | 0.96% |
| HCL Technologies Ltd | Equity | ₹8.12 Cr | 0.95% |
| Voltas Ltd | Equity | ₹8.03 Cr | 0.93% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-8.01 Cr | 0.93% |
| Lupin Ltd | Equity | ₹7.74 Cr | 0.90% |
| Trent Ltd | Equity | ₹7.13 Cr | 0.83% |
| Ipca Laboratories Ltd | Equity | ₹6.5 Cr | 0.76% |
| Info Edge (India) Ltd | Equity | ₹6.47 Cr | 0.75% |
| Blue Star Ltd | Equity | ₹6.36 Cr | 0.74% |
| KFin Technologies Ltd | Equity | ₹6.18 Cr | 0.72% |
| KEC International Ltd | Equity | ₹5.97 Cr | 0.69% |
| JK Cement Ltd | Equity | ₹5.84 Cr | 0.68% |
| LTIMindtree Ltd | Equity | ₹5.71 Cr | 0.66% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-5.71 Cr | 0.66% |
| Bajaj Auto Ltd | Equity | ₹5.68 Cr | 0.66% |
| Pidilite Industries Ltd | Equity | ₹5.66 Cr | 0.66% |
| Shriram Finance Ltd | Equity | ₹5.65 Cr | 0.66% |
| Mphasis Ltd | Equity | ₹5.53 Cr | 0.64% |
| Future on Vedanta Ltd | Equity - Future | ₹-5.47 Cr | 0.64% |
| KEI Industries Ltd | Equity | ₹5.47 Cr | 0.64% |
| Vedanta Ltd | Equity | ₹5.44 Cr | 0.63% |
| Max Financial Services Ltd | Equity | ₹5.38 Cr | 0.63% |
| Kirloskar Oil Engines Ltd | Equity | ₹5.31 Cr | 0.62% |
| JSW Energy Ltd | Equity | ₹5.28 Cr | 0.61% |
| InterGlobe Aviation Ltd | Equity | ₹5.27 Cr | 0.61% |
| Zomato Ltd | Equity | ₹5.25 Cr | 0.61% |
| TVS Motor Co Ltd | Equity | ₹5.24 Cr | 0.61% |
| SBI Life Insurance Co Ltd | Equity | ₹5.19 Cr | 0.60% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹5.16 Cr | 0.60% |
| Jubilant Foodworks Ltd | Equity | ₹5.14 Cr | 0.60% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹5.09 Cr | 0.59% |
| Future on ITC Ltd | Equity - Future | ₹-5.03 Cr | 0.58% |
| 91 DTB 03012025 | Bond - Gov't/Treasury | ₹4.94 Cr | 0.58% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹4.82 Cr | 0.56% |
| Persistent Systems Ltd | Equity | ₹4.73 Cr | 0.55% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-4.68 Cr | 0.54% |
| V-Mart Retail Ltd | Equity | ₹4.64 Cr | 0.54% |
| Gokaldas Exports Ltd | Equity | ₹4.61 Cr | 0.54% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-4.53 Cr | 0.53% |
| Glenmark Life Sciences Ltd | Equity | ₹4.52 Cr | 0.53% |
| Kotak Mahindra Bank Ltd | Equity | ₹4.5 Cr | 0.52% |
| United Spirits Ltd | Equity | ₹4.49 Cr | 0.52% |
| Hindustan Petroleum Corp Ltd | Equity | ₹4.43 Cr | 0.51% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹4.41 Cr | 0.51% |
| Kalyan Jewellers India Ltd | Equity | ₹4.4 Cr | 0.51% |
| Alkem Laboratories Ltd | Equity | ₹4.33 Cr | 0.50% |
| Quess Corp Ltd | Equity | ₹4.25 Cr | 0.49% |
| Karur Vysya Bank Ltd | Equity | ₹4.12 Cr | 0.48% |
| JK Lakshmi Cement Ltd | Equity | ₹4.07 Cr | 0.47% |
| DOMS Industries Ltd | Equity | ₹3.93 Cr | 0.46% |
| Bharat Electronics Ltd | Equity | ₹3.9 Cr | 0.45% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹3.9 Cr | 0.45% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹3.87 Cr | 0.45% |
| Muthoot Finance Ltd | Equity | ₹3.84 Cr | 0.45% |
| Varun Beverages Ltd | Equity | ₹3.71 Cr | 0.43% |
| Elgi Equipments Ltd | Equity | ₹3.61 Cr | 0.42% |
| Maruti Suzuki India Ltd | Equity | ₹3.6 Cr | 0.42% |
| Greenply Industries Ltd | Equity | ₹3.55 Cr | 0.41% |
| Hero MotoCorp Ltd | Equity | ₹3.49 Cr | 0.41% |
| Britannia Industries Ltd | Equity | ₹3.44 Cr | 0.40% |
| Jindal Steel & Power Ltd | Equity | ₹3.41 Cr | 0.40% |
| CG Power & Industrial Solutions Ltd | Equity | ₹3.17 Cr | 0.37% |
| Future on NTPC Ltd | Equity - Future | ₹-2.89 Cr | 0.34% |
| Future on Voltas Ltd | Equity - Future | ₹-2.79 Cr | 0.32% |
| ABB India Ltd | Equity | ₹2.08 Cr | 0.24% |
| Future on Infosys Ltd | Equity - Future | ₹-1.34 Cr | 0.16% |
| Torrent Power Ltd | Equity | ₹1.26 Cr | 0.15% |
| Net Receivable / Payable | Cash - Collateral | ₹0.8 Cr | 0.09% |
Allocation By Market Cap (Equity)
Large Cap Stocks
38.14%
Mid Cap Stocks
11.06%
Small Cap Stocks
8.01%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹150.96 Cr | 17.56% |
| Industrials | ₹74.03 Cr | 8.61% |
| Technology | ₹63.3 Cr | 7.36% |
| Consumer Cyclical | ₹62.92 Cr | 7.32% |
| Consumer Defensive | ₹47.6 Cr | 5.54% |
| Healthcare | ₹47.4 Cr | 5.51% |
| Communication Services | ₹35.9 Cr | 4.18% |
| Basic Materials | ₹31.84 Cr | 3.70% |
| Energy | ₹30.2 Cr | 3.51% |
| Utilities | ₹19.17 Cr | 2.23% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Anindya Sarkar
Since September 2024
SB
Sanjay Bembalkar
Since September 2024
Vinod Malviya
Since November 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF582M01JY4 | Expense Ratio 0.96% | Exit Load 1.00% | Fund Size ₹860 Cr | Age 2 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 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:
Dividend Taxation:
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 Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3664.46 Cr | 21.4% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹3664.46 Cr | 23.2% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹4500.39 Cr | 27.2% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹4500.39 Cr | 25.6% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹6574.01 Cr | 20.6% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3025.56 Cr | 34.3% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.8% | 1.0% | ₹4415.49 Cr | 27.6% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹50648.49 Cr | 23.4% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3759.76 Cr | 18.8% |
| Motilal Oswal Multi Asset Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹103.59 Cr | 7.7% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Union Multi Asset Allocation Fund Direct Growth?
The NAV of Union Multi Asset Allocation Fund Direct Growth, as of 21-Nov-2024, is ₹9.77.
What is the portfolio composition of Union Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 56.63% in equities, 7.01% in bonds, and 14.33% in cash and cash equivalents.
Who manages the Union Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Union Multi Asset Allocation Fund Direct Growth are:-
- Anindya Sarkar
- Sanjay Bembalkar
- Vinod Malviya
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.