Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal

Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal

Equity
Direct
Mid-Cap

NAV: ₹ 29.3 as on 28-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
This Fund
-0.1%
14.9%
9.1%
6%
Benchmark
-1.7%
13.3%
4.1%
1.2%
Category
-2%
12.3%
4%
2.2%
About the Fund

Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal 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 Payout of Income Distribution cum capital withdrawal has a NAV of 29.3 as on 28-09-2022.

2) Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal has 524 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.98 %.

Fund Overview

Expense ratio
Expense ratio
0.98%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹524 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
64.47%

Fund Distribution

  • Equity 95%
  • Debt & Cash 5%
Size breakup
Mid cap
71%
Small cap
15.5%
Large cap
8.5%

Sector Allocation

Aug'22

Jul'22

Jun'22

Consumer Cyclical

22.6%

Basic Materials

15.7%

Industrial

15.2%

Financial Services

14.2%

Health

10.2%

Tech

8.5%

Real Estate

5.3%

Consumer Defensive

4.8%

Communication

2.2%

Utilities

1.2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings58
Equity Holdings55
Debt Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 39.2 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 524 Cr
Jul'22
₹ 484.8 Cr
Jun'22
₹ 425.9 Cr

Fund Returns vs Benchmark

Aug'22
10.95%
11.08%
Jul'22
10.95%
11.08%
Jun'22
-5.12%
-5.75%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
58
58
58
Top 5 Company Concentration
15.3%
15.4%
16.4%
Company having highest exposure
Tube Investments of India Ltd Ordinary Shares (3.2%)
PI Industries Ltd (3.4%)
Varun Beverages Ltd (3.6%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74.1%
73.7%
73.3%
Sector having highest exposure
Consumer Cyclical (21.5%)
Consumer Cyclical (20.5%)
Consumer Cyclical (20.4%)

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
19.05%
15.78%
Union Small Cap Fund Direct Growth
32.5%
29.97%
Union Balanced Advantage Fund Direct Growth
12.19%
10.75%
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
19.05%
15.78%
Union Small Cap Fund Direct Growth
32.5%
29.97%
Union Balanced Advantage Fund Direct Growth
12.19%
10.75%

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
+912224833300
Fund House
Union Asset Management Co. Pvt. Ltd.

Fund Highlights

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 51.47% since inception which is more than its category average return of 15.19%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.99% in Equity, 0% in Debt and 5.01% in Cash related instruments
AUM size ₹524 Cr

AUM size ₹524 Cr

This fund has AUM of ₹524 Cr which is less than its category average of ₹ 4677 Cr
Expense Ratio 0.98%

Expense Ratio 0.98%

This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.53%

Frequently Asked Questions

The current NAV of Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is 29.3.
Existing (Absolute + CAGR)
Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
-0.14%
-0.14%
6 Month Returns
9.12%
9.12%
1 Year Returns
6.01%
6.01%
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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0.98 as on August 2022
524 Cr as on August 2022
Tube Investments of India Ltd Ordinary Shares(3.24%),PI Industries Ltd(3.07%),Schaeffler India Ltd(3.03%),Dixon Technologies (India) Ltd(3.01%),Devyani International Ltd(2.99%) as on August 2022
Consumer Cyclical(21.51%),Basic Materials(14.87%),Industrial(14.47%) as on August 2022
The alpha ratio for the Union 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 Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
2.37
-
-
As on month end.
The alpha for Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal 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 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 Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
0.92
-
-
As on month end.
The Beta for Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal 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 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 Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
0.41
-
-
As on month end.
The sharpe ratio for Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal 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 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 Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
17.41
-
-
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.
Vinay Paharia,Hardick Bora are the fund managers of Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal
The Exit load of Union Midcap Fund Direct Payout of Income Distribution cum capital withdrawal is 1%