Compare Mutual Funds

Insights from Fund Comparison

• Both Samco Active Momentum Fund - Direct (G) and Union Innovation & Opportunities Fund - Reg (IDCW) are Sectoral / Thematic, Equity schemes. Samco Active Momentum Fund - Direct (G) is 2 yrs 9 m old and manages ₹654.81 Crs, whereas Union Innovation & Opportunities Fund - Reg (IDCW) is 2 yrs 7 m old with ₹1,052.97 Crs.
• Both funds are fairly comparable in terms of age and size.
• Samco Active Momentum Fund - Direct (G) has its top 3 sectors in Banks (21.84%), Finance (19.06%), and Automobile (12.66%), while Union Innovation & Opportunities Fund - Reg (IDCW) focuses on E-Commerce/App based Aggregator (16.18%), IT - Software (11.00%), and Auto Ancillaries (8.12%).
• The funds are completely different in sector allocation, which could result in very different performance patterns based on sector trends.
• Samco Active Momentum Fund - Direct (G) holds Clearing Corporation of India Ltd (13.92%), Religare Enterprises Limited (5.82%), MTAR Technologies Limited (3.47%), Force Motors Limited (2.74%), and Lumax Auto Technologies Limited (2.71%), whereas Union Innovation & Opportunities Fund - Reg (IDCW) holds The Federal Bank Ltd. (4.33%), Acutaas Chemicals Ltd. (4.03%), Info Edge (India) Ltd. (3.94%), Eternal Ltd. (3.71%), and One 97 Communications Ltd. (3.61%).
• The funds have completely different top holdings, which means their performance could diverge significantly depending on which stocks or sectors lead the market.
• In terms of risk profile, Samco Active Momentum Fund - Direct (G) has 82.48% equity and 0.00% debt, while Union Innovation & Opportunities Fund - Reg (IDCW) has 98.16% equity and 0.53% debt.
• Union Innovation & Opportunities Fund - Reg (IDCW) is more aggressive with higher equity allocation, which could lead to higher returns but more volatility.
• Samco Active Momentum Fund - Direct (G) showed short-term strength over 3 Months, 6 Months (returns: -8.35%, -9.94%), outperforming Union Innovation & Opportunities Fund - Reg (IDCW) by 3.5%, 4.5%. However, other periods (1 Year, returns: -12.58% ) lagged behind, suggesting this could be a temporary upswing. Monitor for sustained momentum before making long-term decisions.