Union Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV: ₹ 12.5 as on 28-11-2023
Fund Performance
24 people have invested ₹ 77K 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 Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Multicap Fund Direct Growth has ₹618 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 1.
Union Multicap Fund Direct Growth Overview
 | 0.96% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹618 Cr |
 | 19 December, 2022 |
 | ₹1000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 13.49% |
Union Multicap Fund Direct Growth Distribution as on (31-Oct-23)
Size breakup
Large cap
42.2%
Mid cap
25.4%
Small cap
25%
Sector Allocation
Financial Services
28.6%
Tech
14.3%
Consumer Cyclical
14.2%
Industrial
12.8%
Basic Materials
10.1%
Health
5.1%
Consumer Defensive
4%
Energy
3.6%
Communication
2.9%
Utilities
2.7%
Real Estate
1.5%
Top Holdings of Union Multicap Fund Direct Growth as on (31-Oct-23)
Equity Holdings80
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 3.32% | 0% | |
 HDFC Bank Ltd | 3.19% | 0% | |
 Escorts Kubota Ltd | 2.87% | 0% | |
 Reliance Industries Ltd | 2.86% | 0% | |
 State Bank of India | 2.31% | 0% |
See all
Union Multicap Fund Direct Growth: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -1.92% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.63% as on Oct'23
- This fund outperformed Nifty 500 by 0.71% in Oct'23
AUM Change
- AUM of the fund stands at 617.6 Cr as of Oct'23
- AUM increased by 10.9 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in Union Multicap Fund Direct Growth portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
Electronics Mart India Ltd | 34.8% |
 CreditAccess Grameen Ltd | 19.9% |
 Nippon Life India Asset Management Ltd | 16.8% |
Peer Analysis
Union Multicap Fund Direct Growth Fund Manager
Hardick Bora
Fund Manager of Union Multicap Fund Direct Growth, since 25 January 2023
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Multicap Fund Direct Growth, since 19 December 2022
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 returns of 24.4% since inception (19nd Dec 2022)
Fund Allocations
This fund has an allocation of 93.4% in Equity, 0.09% in Debt and 6.51% in Cash related instruments
AUM size ₹618 Cr
This fund has AUM of ₹618 Cr which is less than its category average of ₹ 2436 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% 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 ₹12.45 as on 28-Nov-2023.
Existing (Absolute + CAGR) as on 28-Nov-2023.
Union Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.42% | 6.42% |
6 Month Returns | 21.72% | 21.72% |
1 Year Returns | 0% | 0% |
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.
0.96% as on October 2023
₹618 Cr as on October 2023
ICICI Bank Ltd(3.32%), HDFC Bank Ltd(3.19%), Escorts Kubota Ltd(2.87%), Reliance Industries Ltd(2.86%), State Bank of India(2.31%) as on October 2023
Financial Services(26.7%), Tech(13.4%), Consumer Cyclical(13.26%) as on October 2023
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 | - | - | - |
As on October 2023
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 | - | - | - |
As on October 2023
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 | - | - | - |
As on October 2023
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 | - | - | - |
As on October 2023
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, Sanjay Bembalkar are the fund managers of Union Multicap Fund Direct Growth
The Exit load of Union Multicap Fund Direct Growth is 1%