Union Innovation & Opportunities Fund Regular Growth

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Global Fund of Funds
Global - Other
Rating N.A.
Plan

13.55 +0.24 (1.80%) NAV as on 14 Jan, 2025

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)894.19
CAGR 23.97%
Exit Load1.00%
Expense ratio2.23%
CategoryGlobal Fund of Funds
Min Investment1000
Min SIP500
Launch Date2023-09-06

Asset Allocation

Holdings As On - 16 January 2025

Holdings

Sectors

Name
Value (Cr)
Holding %

Info Edge India
48.66
5.44%

Zomato
41.75
4.67%

PB Fintech
29.31
3.28%

Ami Organics
27.31
3.05%

Trent
24.86
2.78%

S J S Enterprises
24.48
2.74%

Cartrade Tech
23.41
2.62%

Peer Comparison

Fund Name
DSP US Flexible Equity Fund of Fund Regular Plan Growth17.81%
SBI International Access - US Equity FoF Regular Growth24.2%
Axis Global Equity Alpha Fund of Fund Regular Growth19.64%
DSP Global Innovation Fund Of Fund Regular Growth20.8%
Union Innovation & Opportunities Fund Regular Growth23.97%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio0.00
Std Deviation 0.00%
Tracking Error 0.00%

About Fund

The investment objective of the Scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies.. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

The Union Innovation & Opportunities Fund Regular Growth has an AUM of 894.19 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.23%. The minimum investment in Union Innovation & Opportunities Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Info Edge India, Zomato, Dixon Technologies (India) & PB Fintech.

The major sectors where the fund is invested are Computer Services, Software & Programming, Electronic Instr. & Controls & Construction Services.

Some of the similar funds are DSP US Flexible Equity Fund of Fund Regular Plan Growth, SBI International Access - US Equity FoF Regular Growth, Axis Global Equity Alpha Fund of Fund Regular Growth, DSP Global Innovation Fund Of Fund Regular Growth, Union Innovation & Opportunities Fund Regular Growth. Union Innovation & Opportunities Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.