Union Large & Midcap Fund Direct Growth

Union Large & Midcap Fund Direct Growth

Equity

Union Mutual Fund

Large & Mid-Cap

Get the latest NAV of Union Large & Midcap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹26.00

▲0.8%1D

NAV as on 14 May 2025

19.22%/per year

Since Inception

Absolute Gain%

▲▼

94 people have invested ₹ 9.5L in Union Large & Midcap Fund Direct Growth in the last three months

Union Large & Midcap Fund Performance vs. NIFTY 500

Fund returns vs Benchmark returns vs Category Average returns as on (14-May-25)

The fund has consistently outperformed the benchmark (NIFTY 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
NIFTY 500
Category Avg
1 Month
8.6%
8.42%
7.63%
3 Months
9.15%
9.05%
6.64%
6 Months
1.36%
2.44%
0.77%
1 Year
9.38%
8.78%
10.88%
3 Years
19.75%
18.65%
21.98%
5 Years
25.53%
24.52%
26.46%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Union Large & Midcap Fund
-
824Cr
1.07%
9.38%
19.75%
19.22%
Invesco India Large&MidCap Fund Direct Growth
5/21
6,765Cr
0.7%
20.52%
28.81%
18.35%
HDFC Large and Mid Cap Fund Direct Growth
6/21
24,326Cr
0.96%
10.53%
25.41%
14.12%
SBI Large & Midcap Fund Direct Growth
7/21
30,133Cr
0.75%
13.12%
21.64%
17.33%
See all
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category
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3Y returns in the bottom 25% of the category

Union Large & Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Union Large & Midcap Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 97.5%

Debt & Cash 2.5%

Large cap
50.7%
Mid cap
38.4%
Small cap
8%
Small Cap allocation has gone down from 9.9% to 8%
Small Cap allocation has gone down from 9.9% to 8%
Mid Cap allocation has gone down from 39% to 38.4%
Mid Cap allocation has gone down from 39% to 38.4%
Large Cap allocation has gone up from 49.3% to 50.7%
Large Cap allocation has gone up from 49.3% to 50.7%
Cash allocation has gone up from 1.8% to 2.5%
Cash allocation has gone up from 1.8% to 2.5%

Union Large & Midcap Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 97.5%

Debt & Cash 2.5%

Financial Services
22.6%
Industrial
19.3%
Consumer Cyclical
13%
Tech
12.6%
Health
9.4%
Basic Materials
7.3%
Communication
4.7%
Consumer Defensive
4%
Energy
2.8%
Utilities
2.6%
Real Estate
1.8%

Top 3 Sectors in April were Financial Services, Industrial & Consumer Cyclical

Apr'25

Financial Services

29%

Industrial

15%

Consumer Cyclical

14%

Mar'25

Financial Services

27%

Industrial

17%

Consumer Cyclical

17%

Union Large & Midcap Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
6.69%
-5.5%
ICICI Bank Ltd
4.05%
-21.9%
Reliance Industries Ltd
3.54%
26.1%
Bharti Airtel Ltd
3.06%
12.5%
State Bank of India
2.32%
0%
See all
Top Stocks bought last month
APL Apollo Tubes Ltd's allocation increased from 0.52% to 1.38%
APL Apollo Tubes Ltd's allocation increased from 0.52% to 1.38%
Lupin Ltd's allocation increased from 0.51% to 1.15%
Lupin Ltd's allocation increased from 0.51% to 1.15%
ZF Commercial Vehicle Control Systems India Ltd's allocation increased from 0.63% to 1.26%
ZF Commercial Vehicle Control Systems India Ltd's allocation increased from 0.63% to 1.26%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 2.65 % to 2.6 %
Reliance Industries Ltd's allocation decreased from 2.65 % to 2.6 %
Infosys Ltd's allocation decreased from 2.42 % to 1.86 %
Infosys Ltd's allocation decreased from 2.42 % to 1.86 %
Maruti Suzuki India Ltd's allocation decreased from 1.8 % to 1.6 %
Maruti Suzuki India Ltd's allocation decreased from 1.8 % to 1.6 %

Union Large & Midcap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.07%
Benchmark
S&P BSE 250 LargeMidcap Index TR INR
AUM₹824 Cr
Inception Date13 December, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
128.84%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Union Large & Midcap Fund

Union Large & Midcap Fund Direct Growth is an equity fund. This fund was started on 13 December, 2019. The fund is managed by Pratik Dharmshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union Large & Midcap Fund Direct Growth has ₹824 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

Union Large & Midcap Fund Direct Growth has given a CAGR return of 19.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.38%, 19.75% and 25.53% respectively.

Holdings

Union Large & Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Tech, Energy, Communication, Consumer Defensive, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, State Bank of India

Taxation

As it is a large & mid-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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Union Large & Midcap Fund Direct Growth

The investment objective of the scheme is to seek to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies. However, there can be 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 Large & Midcap Fund Direct Growth has no lock in period.

Fund Manager

Pratik Dharmshi

Fund Manager of Union Large & Midcap Fund Direct Growth, since 9 December 2024

Learn more about Union Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 823.9 Cr
₹ 807.4 Cr
₹ 17.8K Cr
  • AUM of the fund stands at 823.9 Cr as of Apr'25
  • AUM increased by 16.5 Cr between Apr'25 and Mar'25

Compare Union Large & Midcap Fund

Union Large & Midcap Fund

VS

Mirae Asset Large & Midcap Fund Direct Growth

Frequently Asked Questions for Union Large & Midcap Fund Direct Growth

What is the current NAV of Union Large & Midcap Fund Direct Growth?

The current NAV of Union Large & Midcap Fund Direct Growth is ₹26 as on 14-May-2025.

What are the average returns of Union Large & Midcap Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
Union Large & Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.6%
8.6%
6 Month Returns
1.36%
1.36%
1 Year Returns
9.38%
9.38%
3 Years Returns
71.73%
19.75%

How do I invest in Union Large & Midcap Fund Direct Growth?

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.

What is the expense ratio of Union Large & Midcap Fund Direct Growth?

1.07% as on April 2025

What is net assets under management (AUM) of Union Large & Midcap Fund Direct Growth?

₹824 Cr as on April 2025

What are the top 5 holdings of Union Large & Midcap Fund Direct Growth?

HDFC Bank Ltd(6.69%), ICICI Bank Ltd(4.05%), Reliance Industries Ltd(3.54%), Bharti Airtel Ltd(3.06%), State Bank of India(2.32%) as on April 2025

What are the top 3 sectors that this Union Large & Midcap Fund Direct Growth has invested in?

Financial Services(28.4%), Industrial(15.03%), Consumer Cyclical(14.06%) as on April 2025

What is the alpha of Union Large & Midcap Fund Direct Growth?

The alpha ratio for the Union Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Large & Midcap Fund Direct Growth
-1.12
1.03
1.86
As on April 2025
The alpha for Union Large & Midcap Fund Direct Growth is calculated against S&P BSE 250 LargeMidcap Index 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%.

What is the beta of Union Large & Midcap Fund Direct Growth??

The Beta ratio for the Union Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Large & Midcap Fund Direct Growth
1.02
0.92
0.92
As on April 2025
The Beta for Union Large & Midcap Fund Direct Growth is calculated with S&P BSE 250 LargeMidcap Index 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.

What is the sharpe ratio of Union Large & Midcap Fund Direct Growth?

The sharpe ratio for the Union Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Union Large & Midcap Fund Direct Growth
-0.01
0.61
1.18
As on April 2025
The sharpe ratio for Union Large & Midcap Fund Direct Growth is calculated with S&P BSE 250 LargeMidcap Index 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.

What is the standard deviation of Union Large & Midcap Fund Direct Growth?

The standard deviation for the Union Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Union Large & Midcap Fund Direct Growth
17.96
14.61
14.5
As on April 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.

What is the Sortino ratio of Union Large & Midcap Fund Direct Growth?

Sortino ratio is 0.94 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of Union Large & Midcap Fund Direct Growth?

Information ratio is 0.07 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of Union Large & Midcap Fund Direct Growth?

Pratik Dharmshi is the fund manager of Union Large & Midcap Fund Direct Growth

What is the exit load of Union Large & Midcap Fund Direct Growth?

The Exit load of Union Large & Midcap Fund Direct Growth is 1%