Category: Hybrid: Arbitrage
Launch Date: 05-02-2019
Riskometer: Low
Asset Class
Mixed Asset
Status
Open Ended Schemes
Fund Managers
Devesh Thacker, Vishal Thakker
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.
Benchmark
NIFTY 50 Arbitrage TRI
Expense Ratio
1.02% As on (31-10-2024)
Minimum Investment | Top up
1000.0 | 1000.0
Total Assets
24.5 Cr As on (31-10-2024)
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
---|---|---|---|---|---|---|
Union Arbitrage Fund - Regular Plan - Growth Option | 0.73 | -1.14 | -0.42 | 0.87 | 7.0 | 0.1 |
Hybrid: Arbitrage | - | - | - | - | - | - |
Sector | Holdings (%) |
---|---|
N/A | 24.23 |
Banks | 8.47 |
Petroleum Products | 5.92 |
IT - Software | 4.85 |
Telecom - Services | 4.79 |
Pharmaceuticals & Biotechnology | 4.32 |
Automobiles | 3.94 |
Finance | 3.32 |
Cement & Cement Products | 2.75 |
Insurance | 2.74 |
Company | Holdings (%) |
---|---|
Union Liquid Fund - Growth - Direct | 14.4 |
Reliance Industries Ltd. | 3.17 |
Union Money Market Fund - Direct Plan - | 3.17 |
Net Receivable / Payable | 2.98 |
6.75% Reverse Repo | 2.18 |
Vedanta Ltd. | 2.04 |
Interglobe Aviation Ltd. | 2.0 |
NTPC Ltd. | 1.96 |
Infosys Ltd. | 1.93 |
HDFC Bank Ltd. | 1.72 |