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Union Active Momentum Fund - Regular Plan - Growth Option

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

₹ 440.27 Cr

Expense Ratio

13.5%

Benchmark

NIFTY 500 TRI

ISIN

INF582M01KC8

Minimum Investment

1000.0

Minimum Topup

1000.0

Minimum SIP Amount

500

Fund Manager

Gaurav Chopra, Sanjay Bembalkar

Fund Performance 1Y (%) 3Y (%) 5Y (%)
Union Active Momentum Fund - Regular Plan - Growth Option 7.22 - -
NIFTY 500 TRI -0.49 13.47 12.04
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
9.35
Last change
-0.06 (-0.6417%)
Fund Size (AUM)
₹ 440.27 Cr
Performance
-4.66% (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
Gaurav Chopra, Sanjay Bembalkar
Riskometer
Very High

Top 10 Holdings

Company Holdings (%)
TREPS 9.7
MTAR TECHNOLOGIES LIMITED EQ 4.93
Multi Commodity Exchange of India Ltd 3.53
NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED EQ 3.06
NATIONAL ALUMINIUM COMPANY LIMITED EQ NEW F.V. RS.5/- 3.04
JINDAL STEEL & POWER LIMITED EQ. NEW RS.1 3.0
THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- 2.86
AVANTI FEEDS LIMITED EQ NEW FV RE. 1/- 2.86
AXIS BANK LIMITED EQ NE FV RS. 2/- 2.73
UJJIVAN SMALL FINANCE BANK LIMITED EQ 2.7

Sector Allocation

Sector Holdings (%)
Financial Services 28.92
Capital Goods 20.46
Metals & Mining 15.89
Healthcare 5.89
Fast Moving Consumer Goods 5.73
Chemicals 2.54
Services 2.17
Power 1.7
Media, Entertainment & Publication 1.13
Telecommunication 0.89

Peer Comparison

Scheme Name 5Y (%)
Union Active Momentum Fund Reg Gr 0.0