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This Value Fund Has Given Up To 103.64% Returns In 2-Years, Check-Out Returns And Portfolio
As equity investments are vulnerable to market dangers, even if you choose strong stocks, you may be able to spend only long-term money that you don't need right now in case of an emergency. This is due to the fact that markets are sentiment-driven, and in the event of a market crash, even stocks of strong firms with solid financial figures may see a drop in price. Selecting a good equity mutual fund with promising returns makes a good investment decision. This particular Value Fund that we have highlighted here has Given Good over the years. Check out returns and portfolio along with other details.
Union Value Discovery Fund - Direct Plan-Growth
This is an equity Value fund, launched on 05th December 2018 by the Union Mutual funds. This is an open-ended small-sized fund of its category.
Under the Direct Plan-Growth scheme of this fund, its Asset Under Management is worth Rs 136.79 Crore. The NAV of this scheme declared on 12th April 2022 is Rs 17.33. This scheme's expense ratio is 1.68%, compared to its category average returns, it is high.
This fund's scheme is highly risky. The fund has been rated 3-star by the CRISIL. It has also given average performance among its peer funds.
For investment in this fund, the minimum amount required is Rs 5000. For SIP, the minimum amount is Rs 2000. There are 1% redemption charges if redeemed within 15 days of investment. This fund has no lock-in period.
Absolute And Annualised Returns
Lump-Sum Investment Returns
This scheme has delivered 17.82% average annual returns since its inception.
| Investment Period | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 29.23% | 29.23% |
| 2 Year | 103.64% | 42.50% |
| 3 Year | 61.21% | 17.24% |
| Since Inception | 73.30% | 17.82% |
SIP Returns
| SIP Period | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 7.90% | 14.98% |
| 2 Year | 32.94% | 30.06% |
| 3 Year | 44.91% | 25.64% |
Portfolio
The fund invests 96.25 per cent of its assets in Indian stocks, with 65.36 per cent in large-cap stocks, 10.57 per cent in mid-cap stocks, and 8.43 per cent in small-cap equities. The fund has a 0.11 per cent debt position, of which 0.11 per cent is in government securities.
The majority of the fund's assets are invested in the financial, energy, construction, technology, and automobile industries. It has less exposure to the financial and energy industries than other funds in the category.
Top holdings of the fund include Infosys Ltd., ICICI Bank Ltd., HDFC Bank Ltd., Reliance Industries Ltd., and Bharti Airtel 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.
