Union Equity Savings Fund
Union Equity Savings Fund is heavily tilted toward financial services and government-backed securities, with nearly 45 percent locked in its top ten holdings, signaling a conservative approach to equity savings. The manager has doubled down on agritech exposure through Patanjali Foods while trimming large-cap discretion, suggesting conviction in rural consumption and inflation-hedging themes. The elevated allocation to AAA-rated instruments and TREPS reflects a defensive posture, prioritizing stable returns over growth even within the equity sleeve.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹17.7100 | — | — | — | — |
| Regular Growth | ₹16.9700 | -0.18% | +1.98% | +7.27% | +6.44% |
| Direct IDCW | ₹17.7100 | — | — | — | — |
| Regular IDCW | ₹16.9700 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Ujjivan Small Finance Bank Ltd. | 1.00% |
| Sona Blw Precision Forgings Ltd. | 0.47% |
| 364 Day Treasury Bills | 2.19% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Power Finance Corporation Ltd.** INE134E08NO0 | 6.99% |
| 2 | National Bank for Agriculture and Rural Development** INE261F08ER0 | 6.96% |
| 3 | TREPS | 6.63% |
| 4 | Reliance Industries Ltd. INE002A01018 | 3.85% |
| 5 | Patanjali Foods Ltd. INE619A01035 | 3.76% |
| 6 | Indian Railway Finance Corporation Ltd.** INE053F08460 | 3.42% |
| 7 | Bajaj Finance Ltd. INE296A01032 | 3.36% |
| 8 | HDFC Bank Ltd. INE040A01034 | 3.33% |
| 9 | Indus Towers Ltd. INE121J01017 | 3.24% |
| 10 | Net Receivable / Payable | 3.13% |
| 11 | NTPC Ltd. INE733E01010 | 2.95% |
| 12 | Max Financial Services Ltd. INE180A01020 | 2.94% |
| 13 | Multi Commodity Exchange of India Ltd. INE745G01043 | 2.75% |
| 14 | 364 Day Treasury Bills IN002025Z153 | 2.19% |
| 15 | 91 Day Treasury Bills IN002025X471 | 2.10% |
| 16 | Bharti Airtel Ltd. INE397D01024 | 2.02% |
| 17 | Bandhan Bank Ltd. INE545U01014 | 1.97% |
| 18 | Titan Company Ltd. INE280A01028 | 1.84% |
| 19 | Kotak Mahindra Bank Ltd. INE237A01036 | 1.74% |
| 20 | CG Power and Industrial Solutions Ltd. INE067A01029 | 1.63% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Union Equity Savings Fund hold?
Union Equity Savings Fund holds 79 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.98% of NAV.
What is the largest holding in Union Equity Savings Fund?
The largest position in Union Equity Savings Fund is Power Finance Corporation Ltd.**, accounting for 6.99% of NAV in the CRISIL AAA sector.
Is Union Equity Savings Fund a concentrated or diversified fund?
With a Gini coefficient of 0.538, Union Equity Savings Fund is moderately concentrated. The HHI concentration index is 24,764 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.98% of the portfolio.
What is the market cap allocation of Union Equity Savings Fund?
Based on SEBI's AMFI classification, Union Equity Savings Fund's equity portfolio is split as: Large Cap: 40.23%, Mid Cap: 14.97%, Small Cap: 8.88%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Union Equity Savings Fund invest in most?
Union Equity Savings Fund has the highest allocation to CRISIL AAA (17.37%), Banks (13.06%), Telecom - Services (5.26%). The fund is invested across 35 sectors in total.
How actively managed is Union Equity Savings Fund compared to other Equity Savings funds?
Union Equity Savings Fund has an Active Share of 61.61%, classifying it as "Active Stock Picker" among 23 Equity Savings peers. This indicates a moderate level of differentiation from category peers.
What changed in Union Equity Savings Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Union Equity Savings Fund added 3 new stocks (including Ujjivan Small Finance Bank Ltd.) and exited 5 stocks (including IndusInd Bank Ltd.). Total holding count decreased from 83 to 81 stocks.