Union Multicap Fund Direct Growth

Union Multicap Fund Direct Growth

Equity

Union Mutual Fund

Multi-Cap

Get the latest NAV of Union Multicap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹15.90

▼-0.2%1D

NAV as on 13 Jun 2025

20.53%/per year

Since Inception

Absolute Gain%

▲▼

40 people have invested ₹ 7L in Union Multicap Fund Direct Growth in the last three months

Union Multicap Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (13-Jun-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
3.25%
2.49%
3.67%
3 Months
14.14%
13.53%
14.57%
6 Months
-4.85%
-1.94%
-3.55%
1 Year
4.47%
3.77%
4.47%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Union Multicap Fund
-
1,065Cr
0.96%
4.47%
-
20.53%
Nippon India Multi Cap Fund Direct Growth
1/12
40,261Cr
0.75%
5.22%
30.24%
17.23%
Kotak Multicap Fund Direct Growth
2/12
17,943Cr
0.43%
3.3%
30.18%
19.93%
HDFC Multi Cap Fund Direct Growth
3/12
17,620Cr
0.78%
3.82%
28.46%
20.95%
See all

Union Multicap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Union Multicap Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 96.8%

Debt & Cash 3.3%

Large cap
43.1%
Mid cap
26.8%
Small cap
26.3%
Small Cap allocation has gone down from 27.1% to 26.3%
Small Cap allocation has gone down from 27.1% to 26.3%
Mid Cap allocation has gone up from 26.6% to 26.8%
Mid Cap allocation has gone up from 26.6% to 26.8%
Large Cap allocation has gone down from 43.9% to 43.1%
Large Cap allocation has gone down from 43.9% to 43.1%
Cash allocation has gone up from 2.5% to 3.2%
Cash allocation has gone up from 2.5% to 3.2%

Union Multicap Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 96.8%

Debt & Cash 3.3%

Industrial
20.1%
Financial Services
19.5%
Consumer Cyclical
17.1%
Tech
14%
Health
9%
Basic Materials
5.8%
Communication
4.9%
Utilities
3%
Energy
2.9%
Consumer Defensive
2.5%
Real Estate
1.1%

Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial

Apr'25

Financial Services

26%

Industrial

16%

Consumer Cyclical

16%

Mar'25

Financial Services

25%

Consumer Cyclical

18%

Industrial

18%

Union Multicap Fund Holdings Details

as on (31-May-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
5.75%
-4.3%
ICICI Bank Ltd
4.73%
0%
Bharti Airtel Ltd
3.89%
6.6%
Reliance Industries Ltd
3.67%
30.8%
Infosys Ltd
2.35%
28.5%
See all
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 2.6% to 3.67%
Reliance Industries Ltd's allocation increased from 2.6% to 3.67%
NTPC Ltd's allocation increased from 0.89% to 1.92%
NTPC Ltd's allocation increased from 0.89% to 1.92%
Balrampur Chini Mills Ltd's allocation increased from 0.29% to 1.19%
Balrampur Chini Mills Ltd's allocation increased from 0.29% to 1.19%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.83 % to 5.75 %
HDFC Bank Ltd's allocation decreased from 5.83 % to 5.75 %
UltraTech Cement Ltd's allocation decreased from 2.09 % to 2.07 %
UltraTech Cement Ltd's allocation decreased from 2.09 % to 2.07 %
Kotak Mahindra Bank Ltd's allocation decreased from 2.34 % to 1.82 %
Kotak Mahindra Bank Ltd's allocation decreased from 2.34 % to 1.82 %

Union Multicap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.96%
Benchmark
Nifty 500 Multicap 50:25:25 TR INR
AUM₹1065 Cr
Inception Date19 December, 2022
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
147.27%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Union Multicap Fund

Union Multicap Fund Direct Growth is an equity fund. This fund was started on 19 December, 2022. The fund is managed by Harshad Patwardhan, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union Multicap Fund Direct Growth has ₹1065 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Union Multicap Fund Direct Growth has given a CAGR return of 20.53% since inception. Over the last 1 year the fund has given a CAGR return of 4.47%.

Holdings

Union Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Tech, Communication, Energy, Consumer Defensive, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Reliance Industries Ltd, Infosys Ltd

Taxation

As it is a multi-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Union Multicap Fund Direct Growth

The investment objective of the Scheme is to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Multicap Fund Direct Growth has no lock in period.

Fund Manager

Harshad Patwardhan

Fund Manager of Union Multicap Fund Direct Growth, since 1 November 2024

Sanjay Bembalkar

Fund Manager of Union Multicap Fund Direct Growth, since 19 December 2022

Learn more about Union Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 1.1K Cr
₹ 1K Cr
₹ 959.1 Cr
  • AUM of the fund stands at 1.1K Cr as of Apr'25
  • AUM increased by 23 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Union Multicap Fund Direct Growth

How do I invest in Union Multicap Fund?

INDmoney makes it simple to invest in the Union Multicap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Union Multicap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Union Multicap Fund?

The NAV of the fund today is ₹15.90. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Union Multicap Fund fund has generated a return of 4.47% in 1 year

Who is the fund manager of Union Multicap Fund?

The fund managers are Harshad Patwardhan, Sanjay Bembalkar.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-15 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.96%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1065 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Union Multicap Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(5.75%), ICICI Bank Ltd(4.73%), Bharti Airtel Ltd(3.89%)