Union Arbitrage Fund - Regular Plan - Growth Option
Fund House: Union Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 05-02-2019 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 Arbitrage TRI |
| Expense Ratio: 0.98% As on (30-09-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 75.32 Cr As on (31-10-2022) |
| Turn over: - | Exit Load: 0.25% for redemption within 30 days |
11.7312
-0.01 (-0.0452%)
4.28%
S&P BSE Liquid Rate Index 5.93%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.
Current Asset Allocation (%)
Indicators
| Volatility | |
| Sharp Ratio | 0.23 |
| Alpha | 1.16 |
| Beta | 0.9 |
| Yield to Maturity | 6.15 |
| Average Maturity | 0.17 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Union Arbitrage Fund - Regular Plan - Growth Option | 05-02-2019 | 3.14 | 3.47 | 3.79 | - | - |
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 4.59 | 4.09 | 4.12 | 4.84 | 6.02 |
| SBI Arbitrage Opportunities Fund - Regular Plan - Gr | 03-11-2006 | 4.04 | 4.05 | 3.84 | 4.76 | 6.07 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 3.99 | 4.04 | 4.11 | 4.95 | 6.32 |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 3.84 | 3.9 | 4.08 | 4.91 | - |
| Axis Arbitrage Fund - Regular Plan - Growth | 05-08-2014 | 3.78 | 3.83 | 3.89 | 4.76 | - |
| Nippon India Arbitrage Fund - Growth Plan - Growth Option | 05-10-2010 | 3.75 | 3.84 | 3.96 | 4.96 | 6.3 |
| ICICI Prudential Equity Arbitrage Fund - Growth | 30-12-2006 | 3.7 | 3.84 | 3.97 | 4.81 | 6.25 |
| HDFC Arbitrage Fund - Wholesale Growth Option | 10-10-2007 | 3.64 | 3.7 | 3.69 | 4.52 | 5.88 |
| IDFC Arbitrage Fund - Regular Plan - Growth | 21-12-2006 | 3.6 | 3.63 | 3.67 | 4.68 | 6.06 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
31.74%
Large Cap
65.41%
Mid Cap
2.85%
Scheme Documents
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
