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  • Union Mutual Fund
  • Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A)

Formerly Union Equity Savings Fund Reg DR

Union Mutual Fund

Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A)

HybridEquity Savings

13.24

NAV (Dec 03)

8.8%
Till Date CAGR
Scripbox Opinion

Not Recommended

Click here for top ranked funds in equity savings mutual funds.

However, Scripbox does not recommend investing in equity savings mutual funds.

Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.

These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

3 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

177 Cr. Small within the category

Category View

Relatively Poor. The category has a relatively poor investment outlook

Consistency Of Performance

Poor. The historical performance of the fund has been poor

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    Historical growth rate of 12% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only

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Historical NAV

13.24

NAV (Dec 3)

Fund Returns

Last 1Y

10.9%

Last 3Y

9.3%

Last 5Y

NA

Last 10Y

NA

Since Inception

8.8%

6 Month CAGR

4.4%

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Scheme Information

Investment Objective

To seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments,arbitrage and derivative strategies and exposure in debt and money market instruments. However,there is no assurance that the Investment objective of the scheme will be achieved.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Moderate Risk

Expense Ratio

2.02

Launched (3y ago)

Aug 06, 2018

AUM in Crores

176.871

ISIN

INF582M01EH0

Lock-in

No Lock-in

Benchmark

Crisil Equity Savings Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
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Hardick Bora

Fund Manager

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Parijat Agrawal

Fund Manager

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Vinay Paharia

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
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comparison

Comparison with Hybrid Funds

Fund NameScripbox OpinionFund SizeTrack Record
Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

₹ 8,193 cr

5

₹ 18,740 cr

5

₹ 3,414 cr

5

₹ 2,707 cr

5

₹ 1,256 cr

5

amc-icon

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 8,604 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,30 debt and 16 hybrid funds.

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  • tel-amc-about
    022-24833300
  • mail-amc-about
    investorcare@unionmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    21.5%

    15.4%

    22%

    12.3%

    4.7%

    6.9%

    0.7%

    0%

    4.5%

    4.1%

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Parag Parikh Flexi Cap fund (Growth)

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    Diversified

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    Equity

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    Axis Bluechip Fund (Growth)

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    Equity

    Large Cap

    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    About Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A)

    About Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A)

    Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A) is a Equity Savings Hybrid fund and has delivered an annualised return of 8.8% over a period of 3 years. The fund was previously known as Union Equity Savings Fund Reg DR . The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Hardick Bora, Parijat Agrawal, Vinay Paharia

    Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A) Investment Objective

    To seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments,arbitrage and derivative strategies and exposure in debt and money market instruments. However,there is no assurance that the Investment objective of the scheme will be achieved. . However, there is no assurance that the objective of the scheme will be realized.

    Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A) NAV,AUM,Risk

    The Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund was launched on Aug 06, 2018. The NAV (Net Asset Value) of this Equity Savings Hybrid fund as of 2021-12-03 is ₹13.24. The total AUM (Asset Under Management) of the fund as of 06/12/2021 is ₹176.871. The category risk of the Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund is Moderate Risk. The fund charges 2.02 % as expense ratio.

    Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A) Holdings

    The fund’s highest allocation is towards Others and has invested 54.3% in this asset class. The top three holdings of the fund are , cash offset for derivatives , treps , national bank for agriculture and rural development , 5.63% govt stock 2026 , 5.22% goi 2025 , union liquid dir gr , small industries development bank of india , icici bank ltd , reliance industries ltd , net receivable / payable , hdfc bank ltd , tata consultancy services ltd , tata steel ltd , future on grasim industries ltd , grasim industries ltd , housing development finance corp ltd , the federal bank ltd , future on the federal bank ltd , kotak mahindra bank ltd , future on tata steel ltd. , state bank of india , hindalco industries ltd , infosys ltd , ultratech cement ltd , 182 dtb 18112021 , 5.15% govt stock 2025 , larsen & toubro ltd , dabur india ltd , future on dabur india ltd , vedanta ltd , future on vedanta ltd , axis bank ltd , future on hindalco industries ltd , torrent pharmaceuticals ltd , future on icici bank ltd , avenue supermarts ltd , future on kotak mahindra bank ltd , wipro ltd , bharti airtel ltd , tech mahindra ltd , future on havells india ltd , future on pvr ltd , havells india ltd , pvr ltd , future on jsw steel ltd , jsw steel ltd , future on bank of baroda , bank of baroda , tata consumer products ltd , future on tech mahindra ltd , future on torrent pharmaceuticals ltd , future on tata consumer products ltd , hdfc life insurance company limited , future on jindal steel & power ltd , jindal steel & power ltd , future on deepak nitrite ltd , future on housing development finance corp ltd , deepak nitrite ltd , future on tata consultancy services ltd , future on hindustan unilever ltd , hindustan unilever ltd , maruti suzuki india ltd , future on hdfc life insurance company limited , future on state bank of india , future on hdfc asset management company limited , hdfc asset management company limited , acc ltd , future on reliance industries ltd , jubilant foodworks ltd , bajaj finance ltd , future on acc ltd , titan co ltd , future on escorts ltd , larsen & toubro infotech ltd , united spirits ltd , escorts ltd , mindtree ltd , future on mindtree ltd , mahanagar gas ltd , future on mahanagar gas ltd , future on larsen & toubro ltd , future on indian railway catering and tourism corp ltd , future on sun pharmaceuticals industries ltd , sun pharmaceuticals industries ltd , future on mahindra & mahindra ltd , mahindra & mahindra ltd , future on axis bank ltd , indian railway catering and tourism corp ltd , apollo tyres ltd , future on hcl technologies ltd , future on godrej consumer products ltd , hcl technologies ltd , godrej consumer products ltd , future on info edge (india) ltd , info edge (india) ltd , future on tata chemicals ltd , tata chemicals ltd , future on hero motocorp ltd , hero motocorp ltd , future on bata india ltd , bata india ltd , future on apollo hospitals enterprise ltd , apollo hospitals enterprise ltd , future on apollo tyres ltd , reliance industries ltd ordinary shares (partly paid rs.5) , divi's laboratories ltd , lic housing finance ltd , asian paints ltd , l&t technology services ltd , future on l&t technology services ltd , future on wipro ltd , future on indusind bank ltd , future on steel authority of india ltd , future on bharat forge ltd , bharat forge ltd , future on upl ltd , upl ltd , steel authority of india ltd , future on lic housing finance ltd , bharat petroleum corp ltd , future on jubilant foodworks ltd , indusind bank ltd , itc ltd , future on ultratech cement ltd , future on hindustan petroleum corp ltd , hindustan petroleum corp ltd , future on glenmark pharmaceuticals ltd , glenmark pharmaceuticals ltd , gland pharma ltd , piramal enterprises ltd , future on aurobindo pharma ltd , aurobindo pharma ltd , tata motors ltd class a , pi industries ltd , sbi life insurance company limited , muthoot finance ltd , interglobe aviation ltd , future on united spirits ltd , zee entertainment enterprises ltd , sbi cards and payment services ltd ordinary shares , future on l&t finance holdings ltd , l&t finance holdings ltd , ntpc ltd , future on granules india ltd , cipla ltd , granules india ltd , procter & gamble hygiene and health care ltd , nestle india ltd , future on zee entertainment enterprises ltd , 182 dtb 09122021

    Union Equity Savings Fund of Income Distribution cum capital withdrawal (RIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

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