Union Equity Savings Fund

Review Date: 25-03-2025

Beginning of Analysis

Union Equity Savings Fund is the 18th ranked fund in the Equity Savings Fund category. The category has total 18 funds. The Union Equity Savings Fund has shown a very poor past performence in Equity Savings Fund category. The fund has a Sharpe Ratio of -0.02 which is lower than the category average of 0.32.
The past performance of the Union Equity Savings Fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds.

Union Equity Savings Fund Return Analysis

The fund has given a return of 2.18%, -0.35 and -1.11 in last one, three and six months respectively. In the same period the category average return was 1.82%, -0.38% and -0.77% respectively.

The fund has given a SIP return of 3.37% in last one year. In the same period the category average SIP return was 4.96%. The fund has SIP return of 8.53% in last three years whereas category average SIP return is 10.72%. The category average SIP return is 10.62% and the fund has given a SIP return of 8.41% in last five years.

Union Equity Savings Fund Risk Analysis

The fund has a standard deviation of 4.4 and semi deviation of 3.13. The category average standard deviation is 4.61 and semi deviation is 3.31. The fund has a Value at Risk (VaR) of -4.37 and a maximum drawdown of -3.77. The category average VaR is -4.77 and the maximum drawdown is -3.82.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.