Union Midcap Fund Direct Growth
Union Midcap Fund Direct Growth

Union Midcap Fund Direct Growth

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Equity
Direct
Mid-Cap

NAV: ₹ 30.2 as on 05-12-2022

Fund Performance
zero opening, trading, fund transfer fee
72 people have invested ₹ 10L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.6%
1%
13.9%
7.1%
Benchmark
2.7%
2.7%
16.8%
9%
Category
1.9%
2.6%
15.4%
7.3%
About the Fund

Union Midcap Fund Direct Growth is an equity fund. This fund was started on  30 March, 2020. The fund is managed by Hardick Bora, Vinay Paharia. The fund could potentially beat inflation in the long-run.

Key parameters

1) Union Midcap Fund Direct Growth has a NAV of 30.24 as on 05-12-2022.

2) Union Midcap Fund Direct Growth has 565 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 1.13 %.

Fund Overview

Expense ratio
Expense ratio
1.13%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹565 Cr
Inception Date
Inception Date
30 March, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
72.15%

Fund Distribution

  • Equity 95.7%
  • Debt & Cash 4.3%
Size breakup
Mid cap
72.8%
Small cap
15.4%
Large cap
7.3%

Sector Allocation

Oct'22

Sep'22

Aug'22

Consumer Cyclical

23.8%

Basic Materials

15.7%

Industrial

15.1%

Financial Services

12.9%

Health

9.9%

Tech

9.1%

Real Estate

5.2%

Consumer Defensive

4.8%

Communication

2.2%

Utilities

1.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings60
Equity Holdings58
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 14 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 565.4 Cr
Sep'22
₹ 551.4 Cr
Aug'22
₹ 524 Cr

Fund Returns vs Benchmark

Oct'22
-0.37%
2.90%
Sep'22
0.84%
-2.04%
Aug'22
5.26%
4.42%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
60
59
58
Top 5 Company Concentration
16.3%
15.7%
15.3%
Company having highest exposure
Tube Investments of India Ltd Ordinary Shares (3.5%)
Tube Investments of India Ltd Ordinary Shares (3.5%)
Tube Investments of India Ltd Ordinary Shares (3.2%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74.1%
75.3%
74.1%
Sector having highest exposure
Consumer Cyclical (22.8%)
Consumer Cyclical (23%)
Consumer Cyclical (21.5%)

Fund Manager

Hardick Bora

Hardick Bora

Managing this fund since 30 March 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Flexi Cap Fund Direct Growth Option
20.66%
17.5%
Union Balanced Advantage Fund Direct Growth
12.66%
11.65%
Union Small Cap Fund Direct Growth
31.3%
32.27%
Vinay Paharia

Vinay Paharia

Managing this fund since 30 March 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Flexi Cap Fund Direct Growth Option
20.66%
17.5%
Union Balanced Advantage Fund Direct Growth
12.66%
11.65%
Union Small Cap Fund Direct Growth
31.3%
32.27%

AMC details

Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Fund House
Union Asset Management Co. Pvt. Ltd.

Fund Highlights

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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 48.91% since inception which is more than its category average return of 15.05%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.66% in Equity, 0% in Debt and 4.34% in Cash related instruments
AUM size ₹565 Cr

AUM size ₹565 Cr

This fund has AUM of ₹565 Cr which is less than its category average of ₹ 4578 Cr
Expense Ratio 1.13%

Expense Ratio 1.13%

This fund has an expense ratio of 1.13% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of Union Midcap Fund Direct Growth is 30.24.
Existing (Absolute + CAGR)
Union Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.63%
0.63%
6 Month Returns
13.86%
13.86%
1 Year Returns
7.12%
7.12%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.13 as on November 2022
565 Cr as on November 2022
Tube Investments of India Ltd Ordinary Shares(3.49%),Dixon Technologies (India) Ltd(3.31%),Max Healthcare Institute Ltd Ordinary Shares(3.29%),Devyani International Ltd(3.13%),Polycab India Ltd(3.1%) as on November 2022
Consumer Cyclical(22.79%),Basic Materials(15.01%),Industrial(14.49%) as on November 2022
The alpha ratio for the Union Midcap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Midcap Fund Direct Growth
0.64
-
-
As on month end.
The alpha for Union Midcap Fund Direct Growth is calculated against S&P BSE Midcap 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 Midcap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Midcap Fund Direct Growth
0.93
-
-
As on month end.
The Beta for Union Midcap Fund Direct Growth is calculated with S&P BSE Midcap 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 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 Midcap Fund Direct Growth
0.2
-
-
As on month end.
The sharpe ratio for Union Midcap Fund Direct Growth is calculated with S&P BSE Midcap 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 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 Midcap Fund Direct Growth
17.14
-
-
As on month end.
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.
Hardick Bora,Vinay Paharia are the fund managers of Union Midcap Fund Direct Growth
The Exit load of Union Midcap Fund Direct Growth is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.