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Union Active Momentum Fund - Regular Plan - IDCW Option

Category: Equity: Thematic-Active-Momentum Launch Date: 19-12-2024
AUM:

₹ 457.35 Cr

Expense Ratio

2.42%

Benchmark

NIFTY 500 TRI

ISIN

INF582M01KD6

Minimum Investment

1000.0

Minimum Topup

1000.0

Minimum SIP Amount

500

Fund Manager

FM 1 - Mr. Gaurav Chopra, FM 2 - Mr. Sanjay Bembalkar

Fund Performance 1Y (%) 3Y (%) 5Y (%)
Union Active Momentum Fund - Regular Plan - IDCW Option -7.58 - -
NIFTY 500 TRI 10.38 16.29 15.4
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%

Overview

NAV
8.54
Last change
0.08 (0.9368%)
Fund Size (AUM)
₹ 457.35 Cr
Performance
-13.99% (Inception)

Asset Allocation

Equity

Debt

Others

Nav Movement

Investment Objective

The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Fund Manager
FM 1 - Mr. Gaurav Chopra, FM 2 - Mr. Sanjay Bembalkar
Riskometer
Very High

Top 10 Holdings

Company Holdings (%)
TREPS 3.28
Shriram Finance Limited 3.17
Cupid Limited 3.13
LAURUS LABS LIMITED EQ NEW FV RS. 2/- 3.0
L & T FINANCE HOLDINGS LIMITED EQ 2.98
NATIONAL ALUMINIUM COMPANY LIMITED EQ NEW F.V. RS.5/- 2.91
HINDALCO INDUSTRIES LIMITED EQ NEW FV RE. 1/- 2.85
Canara Bank 2.84
VEDANTA LIMITED EQ NEW RS.1/- 2.84
TITAN COMPANY LIMITED EQ NEW Re.1/- 2.83

Sector Allocation

Sector Holdings (%)
Financial Services 49.94
Metals & Mining 10.21
Automobile and Auto Components 9.75
Capital Goods 5.45
Services 4.75
Fast Moving Consumer Goods 3.13
Healthcare 3.0
Consumer Durables 2.83
Construction 2.75
Chemicals 2.62