Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
Equity
Direct
Large & Mid-Cap
NAV: ₹ 23.24 as on 18-04-2024
Fund Performance
About the Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 13 December, 2019. The fund is managed by Sanjay Bembalkar, Hardick Bora. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal has ₹706 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal Overview
 | 0.94% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹706 Cr |
 | 13 December, 2019 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 38.48% |
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal Distribution as on (31-Mar-24)
Size breakup
Large cap
49.6%
Mid cap
39.5%
Small cap
5.2%
Sector Allocation
Financial Services
22.5%
Consumer Cyclical
15.3%
Industrial
15.2%
Health
10.3%
Energy
8%
Tech
8%
Basic Materials
7.2%
Communication
4%
Consumer Defensive
3.8%
Utilities
3.6%
Real Estate
2.2%
Top Holdings of Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal as on (31-Mar-24)
Equity Holdings75
Debt Holdings1
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.35% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.47% as on Mar'24
- This fund outperformed NIFTY 500 by 1.82% in Mar'24
AUM Change
- AUM of the fund stands at 705.7 Cr as of Mar'24
- AUM increased by 16.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Solar Industries India Ltd | 16.1% |
 Bajaj Auto Ltd | 8.1% |
 CG Power & Industrial Solutions Ltd | 7.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 Tata Consumer Products Ltd | -2.5% |
Peer Analysis
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal Fund Manager
Sanjay Bembalkar
Fund Manager of Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
Hardick Bora
Fund Manager of Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal, since 17 December 2019
Top funds managed
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.44% since inception which is more than its category average return of 15.88%
Fund Allocations
This fund has an allocation of 94.28% in Equity, 0% in Debt and 5.72% in Cash related instruments
AUM size ₹706 Cr
This fund has AUM of ₹706 Cr which is less than its category average of ₹ 6085 Cr
Expense Ratio 0.94%
This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is ₹23.24 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 3.83% | 3.83% |
6 Month Returns | 14.6% | 14.6% |
1 Year Returns | 37.68% | 37.68% |
3 Years Returns | 76.72% | 20.9% |
5 Years Returns | 0% | 0% |
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0.94% as on March 2024
₹706 Cr as on March 2024
Reliance Industries Ltd(4.64%), ICICI Bank Ltd(3.68%), HDFC Bank Ltd(3.58%), Tata Motors Ltd Class A(2.89%), Larsen & Toubro Ltd(2.54%) as on March 2024
Financial Services(21.21%), Consumer Cyclical(14.43%), Industrial(14.31%) as on March 2024
The alpha ratio for the Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal | 8.1 | 3.15 | - |
As on March 2024
The alpha for Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal | 0.76 | 0.87 | - |
As on March 2024
The Beta for Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal | 3.13 | 1.12 | - |
As on March 2024
The sharpe ratio for Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal | 9.12 | 12.86 | - |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.07 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.31 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
The Exit load of Union Large & Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is 1%