Overview
Union Midcap Fund Direct Growth
Union Mutual Fund
The Scheme seeks to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies.
Investments in Union Midcap Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 46.37
Fund Size (AUM)
₹1312.88 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹500
Launch Date
23-Mar-2020
Expense Ratio
0.62%
Exit Load
Exit load of 1%, if redeemed within 15 days.
Benchmark
BSE 150 MidCap Total Return Index
Standard Deviation
16.85
History
Performance & Ratios
1-Year SIP Return
-8.71%
3-Year SIP Return
17.11%
5-Year SIP Return
21.4%
Mean Return
N/A
Alpha
-0.89
Beta
0.93
Sharpe Ratio
0.72
Sortino Ratio
0.99
Information Ratio
-0.36
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 11.29% | 18.17% | 32.61% | 116.55% |
| Category Average | 9.96% | 18.68% | 30.26% | N/A |
| Rank Within Category | 19 | 23 | 10 | N/A |
Holdings (66)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| The Federal Bank Ltd. | Financial | Equity | 3.94% |
| Voltas Ltd. | Consumer Discretionary | Equity | 2.72% |
| Max Financial Services Ltd. | Financial | Equity | 2.55% |
| Mphasis Ltd. | Technology | Equity | 2.52% |
| Coromandel International Ltd. | Chemicals | Equity | 2.45% |
| The Indian Hotels Company Ltd. | Services | Equity | 2.35% |
| Coforge Ltd. | Technology | Equity | 2.34% |
| Dixon Technologies (India) Ltd. | Capital Goods | Equity | 2.23% |
| Fortis Healthcare Ltd. | Healthcare | Equity | 2.1% |
| Bharti Hexacom Ltd. | Communication | Equity | 2.09% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund Direct Growth | 26028.34 | 15.32 | 27.2 | 0.63 | N/A |
| HDFC Mid Cap Opportunities Fund Direct Growth | 72610.08 | 12.09 | 24.42 | 0.89 | N/A |
| Nippon India Growth Fund Direct Growth | 33174.74 | 16.36 | 24.03 | 0.74 | N/A |
| Kotak Emerging Equity Fund Direct Growth | 48128.71 | 14.62 | 19.26 | 0.46 | N/A |
| SBI Magnum Mid Cap Direct Plan Growth | 20890.26 | 10.35 | 17.97 | 0.83 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
Union Mutual Fund
Union KBC Mutual Fund started their mutual fund on 23/03/2011 and its managing total assets of ₹3,811 Cr. Its ranked at 30 as per total assets at end of 30th Sep 2017. Union Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Union Mutual Fund is sponsored by Union Bank of India and is therefore a trusted brand for investors.
Union Mutual Fund visions to obtain prosperity by responsibly investing in the capital market. Their aim is to provide the right client, the right product at the right time. The asset management company aims at understanding the investor's needs better and customizes products in a way that will be beneficial to them.
It believes in creating an investment platform which is sustainable for the long-term and helps investors to create wealth systematically. The fund house provides various mutual funds across different market capitalization and categories, in order to apppeal to investors with various needs. Union Mutual Fund targets to give its investors a brilliant investing experience and choose mutual fund as an instrument for the long haul.
Launch Date
2009-12-30T00:00:00.150Z
Total AUM
₹ 18837.14 Cr
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Union Midcap Fund Direct Growth
Union Mutual Fund
You May Be Interested In
Aditya Birla Sun Life India GenNext Direct Fund Growth
Thematic
Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth
Sectoral
HDFC NIFTY 50 Index Fund Direct Growth
Large Cap
UTI ELSS Tax Saver Fund Direct Growth
ELSS
Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth
Large Cap
ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Direct Growth
Large & MidCap
Aditya Birla Sun Life Pure Value Direct Fund Growth
Value Oriented
Bandhan Nifty 100 Index Fund Direct Growth
Large Cap
Bandhan Flexi Cap Fund Direct Growth
Flexi Cap
HDFC BSE Sensex Index Fund Direct Growth
Large Cap
Explore More Mutual Funds
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Multi Cap Equity Funds
Find top multi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Flexi Cap Equity Funds
Find top flexi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Liquid Debt Funds
Find top liquid debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Union Midcap Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Union Midcap Fund Direct Growth?
The top stocks held by Union Midcap Fund Direct Growth include The Federal Bank Ltd., Voltas Ltd., Max Financial Services Ltd..
Which industries does Union Midcap Fund Direct Growth invest in?
Union Midcap Fund Direct Growth primarily invests in the following industries: Financial, Consumer Discretionary, Technology.
Who are the fund managers of Union Midcap Fund Direct Growth?
The fund managers of Union Midcap Fund Direct Growth are Pratik Dharmshi and Gaurav Chopra.
How many years has the fund manager been managing Union Midcap Fund Direct Growth?
Pratik Dharmshi:
Calculating...
Gaurav Chopra:
Calculating...
What is the minimum investment for Union Midcap Fund Direct Growth?
The minimum investment for Union Midcap Fund Direct Growth is ₹1000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Union Midcap Fund Direct Growth?
Calculating...
What are the average 3-year returns for Union Midcap Fund Direct Growth?
Calculating...
What is the expense ratio of Union Midcap Fund Direct Growth, and how does it compare to its category?
The expense ratio of Union Midcap Fund Direct Growth is 0.62%. The average expense ratio for similar funds in the Equity is Calculating....