Union KBC Equity Fund

Union KBC Equity Fund is managed by Ashish Ranawade. The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities. If you have invested in this fund, exit now. If you are a new investor you can skip this one for a better performing large cap fund.

Where does Union KBC Equity Fund invest your money?

Union KBC Equity Fund is a large-cap fund which means most of your money will be invested in stocks of large sized companies. About 83.68% of the fund’s money is allocated to stocks of large sized companies, 11.23% to stocks of mid-sized companies and the 5% to those of small companies. Mid-sized stocks can give kicker returns as they turn into large stocks but this happens not so frequently. Large cap companies tend to be stable compared to mid-cap and small cap companies.

Suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home purchase
Not suitable for what?
  • Creating wealth
  • Lifestyle needs
How has Union KBC Equity Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched in June 2011, your value of investments would be around Rs 1.04 lakhs. The performance has not been better or similar to other large cap mutual funds. The fund has been giving around 3.89% returns to those who have stayed invested since inception.

Assume you had invested Rs 10,000 every month in Union KBC Equity Fund through SIP since inception today you would have around Rs 2.48 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What are the charges applicable?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Union KBC Equity Fund is 2.76%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in a mutual fund are absolutely tax free, provided you did not withdraw within 1 year. 

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