Compare Mutual Funds

Insights from Fund Comparison

• Both Union Business Cycle Fund - Direct (G) and Nippon India Active Momentum Fund - Direct (G) are Sectoral / Thematic, Equity schemes. Union Business Cycle Fund - Direct (G) is 2 yrs 1 m old and manages ₹522.72 Crs, whereas Nippon India Active Momentum Fund - Direct (G) is 1 yrs 1 m old with ₹362.26 Crs.
• Union Business Cycle Fund - Direct (G) is therefore older and larger, which may indicate more experience and investor confidence.
• Union Business Cycle Fund - Direct (G) has its top 3 sectors in Banks (22.01%), Finance (8.08%), and Aerospace & Defence (8.07%), while Nippon India Active Momentum Fund - Direct (G) focuses on Banks (24.01%), Automobile (7.73%), and Finance (7.13%).
• The funds share exposure to Banks and Finance, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• Union Business Cycle Fund - Direct (G) holds State Bank of India (4.86%), Larsen & Toubro Ltd. (4.67%), ICICI Bank Ltd. (4.48%), HDFC Bank Ltd. (4.11%), and Axis Bank Ltd. (3.38%), whereas Nippon India Active Momentum Fund - Direct (G) holds HDFC Bank Limited (7.51%), State Bank of India (4.67%), GE Vernova T&D India Limited (3.45%), Axis Bank Limited (3.25%), and Mahindra & Mahindra Limited (3.14%).
• The funds share exposure to State Bank of India, which makes their performance partly correlated. However, the unique holdings like Larsen & Toubro Ltd. in Union Business Cycle Fund - Direct (G) and HDFC Bank Limited in Nippon India Active Momentum Fund - Direct (G) can create divergence depending on how these stocks perform.
• In terms of risk profile, Union Business Cycle Fund - Direct (G) has 98.32% equity and 0.09% debt, while Nippon India Active Momentum Fund - Direct (G) has 96.53% equity and 0.00% debt.
• Risk profile is similar for both funds.
• Union Business Cycle Fund - Direct (G) showed short-term strength over 6 Months (returns: -8.38%), outperforming Nippon India Active Momentum Fund - Direct (G) by 4.02%. However, other periods (3 Months, 1 Year, returns: -10.01%, 4.12% ) lagged behind, suggesting this could be a temporary upswing. Monitor for sustained momentum before making long-term decisions.