Union Large & Midcap Fund Direct Growth

Union Large & Midcap Fund Direct Growth

Compare
Equity
Direct
Large & Mid-Cap
NAV: ₹ 24.43 as on 17-05-2024

About the Fund

Union Large & Midcap Fund Direct Growth is an equity fund. This fund was started on 13 December, 2019. The fund is managed by Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union Large & Midcap Fund Direct Growth has ₹735 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.
Fund Performance
zero opening, trading, fund transfer fee
75 people have invested ₹ 5.6L in Union Large & Midcap Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.94%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹735 Cr
Inception Date
Inception Date
13 December, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
38.48%

Union Large & Midcap Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 97.2%

  • Debt & Cash 2.8%

Size breakup

Large cap
47.7%
Mid cap
44.9%
Small cap
4.6%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
23.3%
Consumer Cyclical
17.6%
Industrial
14%
Basic Materials
8.3%
Energy
7%
Health
6.3%
Communication
6%
Tech
5.8%
Real Estate
4.2%
Utilities
4%
Consumer Defensive
3.5%

Top Holdings of Union Large & Midcap Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings77
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Top Growth Drivers
1M Return
Schaeffler India Ltd
Schaeffler India Ltd
32.4%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
3.79%
1.35%
1.60%
NIFTY 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 3.79% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed NIFTY 500 by 1.33% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 735 Cr
₹ 705.7 Cr
₹ 689.5 Cr
  • AUM of the fund stands at 735 Cr as of Apr'24
  • AUM increased by 29.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Hardick Bora
Hardick Bora
Fund Manager of Union Large & Midcap Fund Direct Growth, since 17 December 2019
Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Large & Midcap Fund Direct Growth, since 25 January 2023

Union Large & Midcap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22.27% since inception which is more than its category average return of 16.54%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.18% in Equity, 0% in Debt and 2.82% in Cash related instruments
AUM size ₹735 Cr

AUM size ₹735 Cr

This fund has AUM of ₹735 Cr which is less than its category average of ₹ 6434 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.41%

Frequently Asked Questions

The current NAV of Union Large & Midcap Fund Direct Growth is ₹24.43 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Union Large & Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.8%
4.8%
6 Month Returns
17.17%
17.17%
1 Year Returns
38.18%
38.18%
3 Years Returns
84.52%
22.65%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.94% as on April 2024
₹735 Cr as on April 2024
Reliance Industries Ltd(3.92%), ICICI Bank Ltd(3.72%), HDFC Bank Ltd(3.61%), State Bank of India(2.52%), Bharti Airtel Ltd(2.46%) as on April 2024
Financial Services(22.64%), Consumer Cyclical(17.06%), Industrial(13.62%) as on April 2024
The alpha ratio for the Union Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Large & Midcap Fund Direct Growth
8.49
3.91
-
As on April 2024
The alpha for Union Large & Midcap Fund Direct Growth 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 Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Large & Midcap Fund Direct Growth
0.75
0.87
-
As on April 2024
The Beta for Union Large & Midcap Fund Direct Growth 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 Growth 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 Growth
3.07
1.23
-
As on April 2024
The sharpe ratio for Union Large & Midcap Fund Direct Growth 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 Growth 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 Growth
8.94
12.83
-
As on April 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 2.28 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.44 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Large & Midcap Fund Direct Growth
The Exit load of Union Large & Midcap Fund Direct Growth is 1%