Sharpe ratio
0.22Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.56%1Y Absolute Return
-0.24%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Union Business Cycle Fund - Direct Plan - Growth OptionFund 1Y annualised return · 5Y history unavailable | ₹8,58,254 | ₹7,32,612 | ₹1,25,642 | +6.56% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.09
₹1 Lakh since launch₹1.09 Lakh
Fund age2.7 yrs
Fund information
Scheme code152409
ISININF582M01JQ0
BenchmarkNIFTY 500 TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio1.90%
Exit loadExit load of 1%, if redeemed within 1 year.
Minimum SIP₹500 SIP
Return comparison
306th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +121.12% | — | — |
| 3M | +6.33% | — | — |
| 6M | +18.60% | — | — |
| 1Y | +6.56% | — | +4.16% |
| Since Launch | +8.86% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.30Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
16.01%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.44How well the fund rewarded investors relative to its biggest decline.
Low
Returns have been modest compared to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Equity97.31%
Cash2.60%
Debt0.09%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 63 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 8.43% |
| Axis Bank Ltd | Financial | Equity | 4.99% |
| Larsen & Toubro Ltd | Industrials | Equity | 4.6% |
| HDFC Bank Ltd | Financial | Equity | 4.57% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 3.0% |
| State Bank of India | Financial | Equity | 2.99% |
| Interglobe Aviation Ltd | Industrials | Equity | 2.97% |
| GE T&D India Ltd | Industrials | Equity | 2.79% |
| Cummins India Ltd | Industrials | Equity | 2.75% |
| Power Mech Projects Ltd | Industrials | Equity | 2.63% |
Fund management
HA
Harshad Patwardhan
Since 2024 · Prior to joining Union AMC, he was associated with Edelweiss AMC,Girik Wealth Advisors,JPMorgan Asset Management India Private Limited since June 2006 as CIO-Equities. Prior to that Mr. Patwardhan worked for two years with Deutsche Equities India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses covering a variety of sectors.
Mr. Patwardhan is B.Tech from IIT, MBA from IIM and CFA.
PR
Pratik Dharmshi
Since 2024 · Prior to joining Union AMC, he was associated with UTI Pension Fund Limited, Safe Enterprises, Girik Capital, Edelweiss AMC, JP Morgan India Pvt. Ltd., CRISIL Ltd. & Morgan Stanley Advantage Services Pvt. Ltd.
Mr. Dharmshi has done B. Com & CA
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk equity scheme - sectoral/ thematic fund. Losses and swings stayed contained — worst fall -19.9%, volatility 16.0%. Ranks 306 of 932 in its category over 1 year.
Strengths
- Losses and swings stayed contained — worst fall -19.9%, volatility 16.0%.
Weaknesses
- None
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 16.0% volatility.
Risk drivers
- None