Union Small Cap Fund Direct Growth

Equity
Direct
Small-Cap
Union Small Cap Fund Direct Growth

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

  1. Union Small Cap Fund Direct Growth has ₹4113 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Union Small Cap Fund Direct Growth has given a CAGR return of 17.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.10%, 24.54% and 29.02% respectively.

Holdings

Union Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Securitize, Consumer Cyclical, Financial Services, Health, Tech, Basic Materials, Real Estate, Consumer Defensive. Its top holdings are Blue Star Ltd, Kirloskar Oil Engines Ltd, DOMS Industries Ltd, Hitachi Energy India Ltd Ordinary Shares, Techno Electric & Engineering Co Ltd

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 benefit
Dividends 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
zero opening, trading, fund transfer fee
298 people have invested ₹ 26.8L in Union Small Cap Fund Direct Growth in the last three months

INDmoney Rank

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio0.88%
Benchmark
S&P BSE Smallcap TR INR
AUM₹4113 Cr
Inception Date10 June, 2014
Min Lumpsum/SIP₹1000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
105.86%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 95.7%

  • Debt & Cash 4.3%

Small cap
83.2%

Mid cap
11.7%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
28.4%
Consumer Cyclical
16.7%
Financial Services
15.9%
Health
11.4%
Tech
11.1%
Basic Materials
9.3%
Real Estate
4.7%
Consumer Defensive
2.5%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Small Cap Fund Direct Growth, since 25 January 2023
Hardick Bora
Hardick Bora
Fund Manager of Union Small Cap Fund Direct Growth, since 25 October 2016

Mutual Fund Insights

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In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 35.82% return, outperforming this fund by 11.27% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 43.91% return, outperforming this fund by 14.89% per annum.
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This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.88% which is lower than the category average expense ratio of 1.16%.
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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.99% return, outperforming this fund by 30.89%.
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Over the last 6 months, this fund has experienced a 26.2% growth in AUM moving from 3.26K Cr to 4.11K Cr.

Union Small Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.53% since inception which is less than its category average return of 21.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.73% in Equity, 1.08% in Debt and 3.19% in Cash related instruments
AUM size ₹4113 Cr

AUM size ₹4113 Cr

This fund has AUM of ₹4113 Cr which is less than its category average of ₹ 6871 Cr
Expense Ratio 0.88%

Expense Ratio 0.88%

This fund has an expense ratio of 0.88% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions

The current NAV of Union Small Cap Fund Direct Growth is ₹50.83 as on 18-Jun-2024.
Existing (Absolute + CAGR) as on 18-Jun-2024.
Union Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.48%
8.48%
6 Month Returns
11.48%
11.48%
1 Year Returns
43.1%
43.1%
3 Years Returns
93.18%
24.54%
5 Years Returns
257.45%
29.02%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.88% as on May 2024
₹4113 Cr as on May 2024
Blue Star Ltd(2.33%), Kirloskar Oil Engines Ltd(2.3%), DOMS Industries Ltd(2.23%), Hitachi Energy India Ltd Ordinary Shares(2.21%), Techno Electric & Engineering Co Ltd(2.16%) as on May 2024
Industrial(27.19%), Consumer Cyclical(16.03%), Financial Services(15.22%) as on May 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
-0.93
1.32
2.96
As on May 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
0.76
0.8
0.84
As on May 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
2.06
1.16
1
As on May 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
14.23
15.03
21.55
As on May 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 2.4 as on May 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%