Historical NAV & Returns
Absolute
▲
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48 people have invested ₹ 3.6L in Union Multicap Fund Direct Growth in the last three months
About 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, Harshad Patwardhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Multicap Fund Direct Growth has ₹1042 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Union Multicap Fund Direct Growth has given a CAGR return of 19.20% since inception. Over the last 1 year the fund has given a CAGR return of 6.62%.
Holdings
Union Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, 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, Kotak Mahindra Bank 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 benefitDividends 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.
Union Multicap Fund Direct Growth Overview
| Expense ratio | 0.93% |
Benchmark | Nifty 500 Multicap 50:25:25 TR INR |
| AUM | ₹1042 Cr |
| Inception Date | 19 December, 2022 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 147.27% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
43.9%
Small cap
27.1%
Mid cap
26.6%
Sector Allocation
Financial Services
25.5%
Consumer Cyclical
17.7%
Industrial
17.6%
Basic Materials
11%
Health
10.3%
Tech
7.2%
Communication
4.5%
Energy
2.7%
Consumer Defensive
1.4%
Real Estate
1.3%
Utilities
0.9%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.84% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 0.59% in Mar'25
- AUM of the fund stands at 1K Cr as of Mar'25
- AUM increased by 82.9 Cr between Mar'25 and Feb'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.91% to 5.83%
Solar Industries India Ltd's allocation increased from 0.95% to 1.57%
JK Cement Ltd's allocation increased from 1.04% to 1.54%
Top Stocks sold last month
UltraTech Cement Ltd's allocation decreased from 2.49 % to 2.09 %
Infosys Ltd's allocation decreased from 3.48 % to 1.95 %
Maruti Suzuki India Ltd's allocation decreased from 2.34 % to 1.84 %
Large Cap allocation has gone up from 43.5% to 43.9%
Small Cap allocation has gone up from 26.3% to 27.1%
Mid Cap allocation has gone up from 25.9% to 26.6%
Cash allocation has gone down from 4.2% to 2.5%
Debt allocation has gone down from 0.1% to 0%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Mar'25
Financial Services
25%
Consumer Cyclical
18%
Industrial
18%
Feb'25
Financial Services
24%
Consumer Cyclical
20%
Industrial
19%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.83% | 22.3% | |
 ICICI Bank Ltd | 4.57% | 4.4% | |
 Bharti Airtel Ltd | 3.47% | 0% | |
 Reliance Industries Ltd | 2.6% | 26.5% | |
 Kotak Mahindra Bank Ltd | 2.34% | 11.2% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Union Multicap Fund Direct Growth | 6.62% | - | - | 19.2% |
 Invesco India Multicap Fund Direct Plan Growth Option | 13.39% | 19.37% | 27.42% | 18.79% |
 ICICI Prudential Multicap Fund Direct Plan Growth | 11.57% | 21.25% | 28.83% | 17.03% |
 Nippon India Multi Cap Fund - Direct Plan - Growth | 10.27% | 23.9% | 33.36% | 16.95% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 8.6% |
 ICICI Bank Ltd | 8.4% |
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Sanjay Bembalkar
Fund Manager of Union Multicap Fund Direct Growth, since 19 December 2022
Top funds managed
Harshad Patwardhan
Fund Manager of Union Multicap Fund Direct Growth, since 1 November 2024
Top funds managed
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹40.98K Cr
as on 31-Mar-2025
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Website
investorcare@unionmf.com
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 19.2% since inception which is more than its category average return of 14.62%
Fund Allocations
This fund has an allocation of 97.46% in Equity, 0% in Debt and 2.54% in Cash related instruments
AUM size ₹1042 Cr
This fund has AUM of ₹1042 Cr which is less than its category average of ₹ 6034 Cr
Expense Ratio 0.93%
This fund has an expense ratio of 0.93% which is less than its category average expense ratio of 1.24%
More funds from Union
5Y CAGR
▲ 31.76
5Y CAGR
▲ 26.18
5Y CAGR
▲ 31.20
5Y CAGR
▲ 24.77
5Y CAGR
▲ 24.80
Frequently Asked Questions for Union Multicap Fund Direct Growth
The current NAV of Union Multicap Fund Direct Growth is ₹15.14 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Union Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.89% | 1.89% |
6 Month Returns | -5.26% | -5.26% |
1 Year Returns | 6.62% | 6.62% |
3 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.
0.93% as on March 2025
₹1042 Cr as on March 2025
HDFC Bank Ltd(5.83%), ICICI Bank Ltd(4.57%), Bharti Airtel Ltd(3.47%), Reliance Industries Ltd(2.6%), Kotak Mahindra Bank Ltd(2.34%) as on March 2025
Financial Services(24.84%), Consumer Cyclical(17.3%), Industrial(17.11%) as on March 2025
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 | 2.14 | - | - |
As on March 2025
The alpha for Union Multicap Fund Direct Growth is calculated against Nifty 500 Multicap 50:25:25 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 | 1 | - | - |
As on March 2025
The Beta for Union Multicap Fund Direct Growth is calculated with Nifty 500 Multicap 50:25:25 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 | 0.2 | - | - |
As on March 2025
The sharpe ratio for Union Multicap Fund Direct Growth is calculated with Nifty 500 Multicap 50:25:25 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 | 18.65 | - | - |
As on March 2025
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, Harshad Patwardhan are the fund managers of Union Multicap Fund Direct Growth
The Exit load of Union Multicap Fund Direct Growth is 1%