Union Small Cap Fund Direct Growth
Equity
Direct
Small-Cap
About the Fund
Union Small Cap Fund Direct Growth is an equity fund. This fund was started on 10 June, 2014. The fund is managed by Sanjay Bembalkar, Hardick Bora. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Small Cap Fund Direct Growth has ₹4581 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Union Small Cap Fund Direct Growth has given a CAGR return of 17.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.66%, 22.29% and 32.22% respectively.
Holdings
Union Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Tech, Basic Materials, Financial Services, Health, Real Estate, Consumer Defensive, Communication, Government, Utilities. Its top holdings are Blue Star Ltd, CE Info Systems Ltd, Techno Electric & Engineering Co Ltd, Gabriel India Ltd, Hitachi Energy India Ltd Ordinary Shares
Taxation
As it is a small-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Union Small Cap Fund Direct Growth
To achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities, predominantly of small cap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Small Cap Fund Direct Growth has no lock in period.
Fund Performance
340 people have invested ₹ 33.7L in Union Small Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.86% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹4581 Cr |
| Inception Date | 10 June, 2014 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 105.86% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Small cap
83.8%
Mid cap
9.1%
Sector Allocation
Industrial
33.9%
Consumer Cyclical
20.6%
Tech
11.3%
Basic Materials
9.1%
Financial Services
8.4%
Health
6.7%
Real Estate
5.7%
Consumer Defensive
1.7%
Communication
1.4%
Utilities
1.1%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Gabriel India Ltd | 8.9% |
 C.E. Info Systems Ltd | 2.1% |
Sanjay Bembalkar
Fund Manager of Union Small Cap Fund Direct Growth, since 25 January 2023
Top funds managed
Hardick Bora
Fund Manager of Union Small Cap Fund Direct Growth, since 25 October 2016
Top funds managed
Mutual Fund Insights
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.61% return, outperforming this fund by 33.95%.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.86% which is lower than the category average expense ratio of 1.14%.
In the last 3 years, Nippon India Small Cap Fund - Direct Plan - Growth Plan has given 32.93% return, outperforming this fund by 10.64% per annum.
Over the last 3 months, this fund has experienced a 24.8% growth in AUM moving from 3.66K Cr to 4.58K Cr.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 46.9% return, outperforming this fund by 14.69% per annum.
Union Small Cap 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 17.83% since inception which is less than its category average return of 21.54%
Fund Allocations
This fund has an allocation of 94.78% in Equity, 0.07% in Debt and 5.15% in Cash related instruments
AUM size ₹4581 Cr
This fund has AUM of ₹4581 Cr which is less than its category average of ₹ 7573 Cr
Expense Ratio 0.86%
This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions
The current NAV of Union Small Cap Fund Direct Growth is ₹52.65 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Union Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.39% | 2.39% |
6 Month Returns | 16.84% | 16.84% |
1 Year Returns | 39.66% | 39.66% |
3 Years Returns | 82.88% | 22.29% |
5 Years Returns | 304.07% | 32.22% |
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.
0.86% as on June 2024
₹4581 Cr as on June 2024
Blue Star Ltd(2.25%), CE Info Systems Ltd(2.22%), Techno Electric & Engineering Co Ltd(2.2%), Gabriel India Ltd(2.06%), Hitachi Energy India Ltd Ordinary Shares(2.04%) as on June 2024
Industrial(32.15%), Consumer Cyclical(19.54%), Tech(10.67%) as on June 2024
The alpha ratio for the Union Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Small Cap Fund Direct Growth | -1.52 | 0.91 | 2.57 |
As on June 2024
The alpha for Union Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Small Cap Fund Direct Growth | 0.74 | 0.79 | 0.84 |
As on June 2024
The Beta for Union Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Small Cap Fund Direct Growth | 2.09 | 1.17 | 1.1 |
As on June 2024
The sharpe ratio for Union Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Small Cap Fund Direct Growth | 14.63 | 15.1 | 21.58 |
As on June 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.
Sortino ratio is 2.42 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Small Cap Fund Direct Growth
The Exit load of Union Small Cap Fund Direct Growth is 1%