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This Large-Cap Fund Has Given Up To 54.75% Returns In 3 Years, Check Out SIP Returns

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Large-cap enterprises are a great alternative if you want strong equity exposure for long-term wealth building. Continue reading to learn more about the advantages of this investing instrument. If you are new to mutual fund investing and want to know which funds would provide decent returns while posing the least risk. Large-cap mutual funds are a fantastic place to start for a new investor. One large-cap fund we have highlighted here has given good returns over the years or since inception. This large-cap fund is newly launched by the Asset Management Company (AMC).

 

Union Largecap Fund - Direct Plan-Growth

Union Largecap Fund - Direct Plan-Growth

This fund was launched on 11th May 2017 by the Union Mutual Fund. This is an equity large-cap open-ended fund. The fund is medium size fund of its category.

The AUM or asset under management of this fund is Rs 219.18 Crore. The NAV of this fund as of 12th April 2022 is Rs 16.93. The expense ratio of this fund is 0.97%, compared to its category average, its expense ratio is high. 

This fund is a highly risky fund for investments. However, this fund is rated 4-Star by the rating agency CRISIL. The benchmark of this fund is S&P BSE 100 TRI. The minimum amount required for investment in this fund is Rs 5,000, and for SIP it is Rs 2000. 

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 11.29% average annual returns.

Investment ReturnsAbsolute ReturnsAnnualised Returns
1 Year24.30%24.30%
2 Year88.11%36.98%
3 Year54.75%15.65%
Since Inception69.30%11.29%

SIP Returns

SIP ReturnsAbsolute ReturnsAnnualised Returns
1 Year4.97%9.35%
2 Year27.12%24.97%
3 Year36.71%21.40%
Portfolio

Portfolio

The fund has a 96.74% investment in Indian stocks. It has 0.07% investment in Debt of which 0.07% in Government securities.

The fund has the majority of its money invested in the Financial, Energy, Technology, Consumer Staples, and Automobile sectors. It has taken less exposure in the Financial, Energy sectors compared to other funds in the category.

The fund's top holdings are Reliance Industries Ltd., Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., and Kotak Mahindra Bank Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Wednesday, April 13, 2022, 20:24 [IST]
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