Compare Union Active Momentum Fund vs Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Union Active Momentum Fund
EquityThematic-Factor-based
Edelweiss Nifty Midcap150 Momentum 50 Index Fund
EquityThematic-Factor-based
Risk
Very High
Very High
Rating
-
2.0
Min SIP Amount
₹500
₹100
Expense Ratio
3.71
1.38
NAV
₹10.02
₹17.80
Fund Started
28 Nov 2024
10 Nov 2022
Fund Size
₹542.54 Cr
₹1728.39 Cr
Exit Load
1% for redemption within 1 Year
Exit load of 0.50%, if redeemed within 30 days.
1 Year
13.06%
-3.28%
3 Year
-
11.69%
5 Year
-
-
Equity
90.20%
99.87%
Cash
9.59%
-0.06%
Top 10 Holdings
Name | Assets |
|---|---|
Welspun Corp Ltd. | 4.11% |
Sansera Engineering Ltd. | 3.30% |
Avalon Technologies Ltd. | 3.05% |
IOL Chemicals And Pharmaceuticals Ltd. | 3.03% |
Shilpa Medicare Ltd. | 2.99% |
Laurus Labs Ltd. | 2.82% |
Sona BLW Precision Forgings Ltd. | 2.80% |
Chennai Petroleum Corporation Ltd. | 2.79% |
Sky Gold And Diamonds Ltd. | 2.78% |
Ather Energy Ltd. | 2.69% |
Name | Assets |
|---|---|
Laurus Labs Ltd. | 7.02% |
Multi Commodity Exchange Of India Ltd. | 5.99% |
The Federal Bank Ltd. | 4.60% |
Bharat Heavy Electricals Ltd. | 4.45% |
GE Vernova T&D India Ltd | 4.28% |
BSE Ltd. | 4.10% |
Bharat Forge Ltd. | 3.90% |
Hitachi Energy India Ltd. | 3.53% |
National Aluminium Company Ltd. | 3.21% |
Polycab India Ltd. | 3.03% |
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
