Union Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV: ₹ 14.07 as on 24-04-2024
Fund Performance
30 people have invested ₹ 94K in Union Multicap Fund Direct Growth in the last three months
About the Union Multicap Fund Direct Growth
Union Multicap Fund Direct Growth is an equity fund. This fund was started on 19 December, 2022. The fund is managed by Sanjay Bembalkar, Hardick Bora. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Multicap Fund Direct Growth has ₹832 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Union Multicap Fund Direct Growth Overview
 | 1.05% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹832 Cr |
 | 19 December, 2022 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 13.49% |
Union Multicap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
39.1%
Mid cap
29.6%
Small cap
24.6%
Sector Allocation
Financial Services
21.4%
Consumer Cyclical
16.1%
Industrial
14.9%
Tech
10.1%
Health
9.9%
Energy
7.8%
Basic Materials
5.6%
Consumer Defensive
4%
Utilities
3.9%
Real Estate
3.2%
Communication
3%
Top Holdings of Union Multicap Fund Direct Growth as on (31-Mar-24)
Equity Holdings79
Debt Holdings1
Union Multicap Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.37% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.83% in Mar'24
AUM Change
- AUM of the fund stands at 838.7 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Union Multicap Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Thermax Ltd | 25.2% |
 Bajaj Auto Ltd | 8.1% |
Peer Analysis
Union Multicap Fund Direct Growth Fund Manager
Sanjay Bembalkar
Fund Manager of Union Multicap Fund Direct Growth, since 19 December 2022
Top funds managed
Hardick Bora
Fund Manager of Union Multicap Fund Direct Growth, since 25 January 2023
Top funds managed
Union Multicap Fund Direct Growth 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 28.58% since inception which is more than its category average return of 14.73%
Fund Allocations
This fund has an allocation of 93.34% in Equity, 0% in Debt and 6.66% in Cash related instruments
AUM size ₹832 Cr
This fund has AUM of ₹832 Cr which is less than its category average of ₹ 3094 Cr
Expense Ratio 1.05%
This fund has an expense ratio of 1.05% which is less than its category average expense ratio of 1.29%
Frequently Asked Questions
The current NAV of Union Multicap Fund Direct Growth is ₹14.07 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Union Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.63% | 4.63% |
6 Month Returns | 19.93% | 19.93% |
1 Year Returns | 44.98% | 44.98% |
3 Years Returns | 0% | 0% |
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.
1.05% as on March 2024
₹832 Cr as on March 2024
Reliance Industries Ltd(4.37%), ICICI Bank Ltd(3.94%), HDFC Bank Ltd(2.96%), Zomato Ltd(2.3%), Sona BLW Precision Forgings Ltd(2.24%) as on March 2024
Financial Services(20%), Consumer Cyclical(15.05%), Industrial(13.89%) as on March 2024
The alpha ratio for the Union Multicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Multicap Fund Direct Growth | 5.65 | - | - |
As on March 2024
The alpha for Union Multicap Fund Direct Growth is calculated against S&P BSE 500 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 Multicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Multicap Fund Direct Growth | 0.76 | - | - |
As on March 2024
The Beta for Union Multicap Fund Direct Growth is calculated with S&P BSE 500 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 Multicap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Multicap Fund Direct Growth | 3.32 | - | - |
As on March 2024
The sharpe ratio for Union Multicap Fund Direct Growth is calculated with S&P BSE 500 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 Multicap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Multicap Fund Direct Growth | 9.32 | - | - |
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.
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Multicap Fund Direct Growth
The Exit load of Union Multicap Fund Direct Growth is 1%