Mutual Fund Details

Union Arbitrage Fund Direct-IDCW Payout

Name: Union Arbitrage Fund Direct-IDCW Payout
Brand: Union Mutual Fund

Hybrid Arbitrage

NAV

₹13.0893

as on 17 May 2024, 10:15 PM

₹0.0136(0.10%)

Last Change

Scheme Ratings

rated by Value Research

Arbitrage

Rankings based on | as on Invalid date

Schemes Managed By

Devesh Thacker

Fund Manager

Vishal Thakker

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,17,247

₹1,19,202

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹19,202

Profit (absolute return)

19.20%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

2.09%

In the last 6 months

4.30%

In the last 1 year

8.40%

In the last 3 years

19.20%

In the last 5 years

31.66%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at low risk

Scheme Information

Union Arbitrage Fund Direct-IDCW Payout

as of 30 Apr 2024, 05:30 AM

₹179.35 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

Exit load of 0.25% if redeemed within 1 months.

0.40%

Expense Ratio

Plan

Dividend

86.67%

Cash Holding

Benchmark

NIFTY 50 Arbitrage Index

Scheme Document

View

Benchmark

NIFTY 50 Arbitrage Index

Exit Load

Exit load of 0.25% if redeemed within 1 months.

Scheme Document

View

Companies Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Company

Union Liquid Direct

12.99%

₹23.30 Cr

Dr. Reddy's Laboratories Ltd.

0.56%

₹1.00 Cr

The Indian Hotels Company Ltd.

0.45%

₹80.71 Lakh

Reserve Bank of India

0.11%

₹19.73 Lakh

Others

85.89%

₹154.05 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Company

Union Liquid Direct

12.99%

₹23.30 Cr

Dr. Reddy's Laboratories Ltd.

0.56%

₹1.00 Cr

The Indian Hotels Company Ltd.

0.45%

₹80.71 Lakh

Reserve Bank of India

0.11%

₹19.73 Lakh

Others

85.89%

₹154.05 Cr

View All

Instruments Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Instrument

Cash Margin

81.37%

₹145.94 Cr

5.77%

₹10.35 Cr

5.13%

₹9.20 Cr

Repo

4.96%

₹8.90 Cr

T-Bills

2.85%

₹5.11 Cr

View All

Instruments Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Instrument

Cash Margin

81.37%

₹145.94 Cr

5.77%

₹10.35 Cr

5.13%

₹9.20 Cr

Repo

4.96%

₹8.90 Cr

T-Bills

2.85%

₹5.11 Cr

View All

Funds in this Category

This fund's returns:

6.02%

Return Duration

3 Years

Invesco India Arbitrage Fund Direct-Growth

Kotak Equity Arbitrage Fund Direct-Growth

Edelweiss Arbitrage Fund Direct-Growth

About Union Arbitrage Fund Direct-IDCW Payout

Union Arbitrage Fund Direct-IDCW Payout is a Hybrid mutual fund scheme from Union Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Devesh Thacker and Vishal Thakker. It has an AUM of ₹179.35 Crores and the latest NAV decalared is ₹13.089 as on 19 May 2024 at 12:52 pm.

Union Arbitrage Fund Direct-IDCW Payout scheme return performance in last 1 year is 8.40%, in last 3 years is 19.20% and 33.73% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹179.35 Cr
Category:	Hybrid: Arbitrage
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Arbitrage fund leverages on the price differential of an asset (like stocks) in the cash and derivatives market to deliver low volatility returns. Being hybrid in nature, they are allowed to invest a significant portion towards equity and equity related instruments. Due to this, the capital gains from arbitrage funds are taxed in the same way as equity funds.