Compare Union Active Momentum Fund vs Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Risk
Very High
Very High
Rating
-
2.0
Min SIP Amount
₹500
₹100
Expense Ratio
3.86
1.66
NAV
₹9.60
₹18.35
Fund Started
28 Nov 2024
10 Nov 2022
Fund Size
₹502.90 Cr
₹1723.34 Cr
Exit Load
1% for redemption within 1 Year
Exit load of 0.50%, if redeemed within 30 days.
1 Year
6.94%
-1.14%
3 Year
-
17.93%
5 Year
-
-
Equity
94.94%
99.65%
Cash
5.00%
-0.85%
Top 10 Holdings
Kirloskar Oil Engines Ltd. | 3.06% |
Bliss GVS Pharma Ltd. | 2.89% |
Syrma SGS Technology Ltd. | 2.88% |
MTAR Technologies Ltd. | 2.82% |
Apar Industries Ltd. | 2.81% |
Laurus Labs Ltd. | 2.74% |
Aeroflex Industries Ltd. | 2.67% |
Bank of Maharashtra | 2.66% |
Bajaj Consumer Care Ltd. | 2.65% |
Ather Energy Ltd. | 2.65% |
Multi Commodity Exchange Of India Ltd. | 5.64% |
BSE Ltd. | 5.02% |
GE Vernova T&D India Ltd | 4.94% |
Laurus Labs Ltd. | 4.82% |
The Federal Bank Ltd. | 4.68% |
Hitachi Energy India Ltd. | 3.91% |
Polycab India Ltd. | 3.64% |
Bharat Forge Ltd. | 3.56% |
Bharat Heavy Electricals Ltd. | 3.50% |
National Aluminium Company Ltd. | 3.06% |
Name
-
-
Start Date
-
-
Description
The Scheme seeks 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.
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors.
Launch Date
28 Nov 2024
10 Nov 2022
