Union Midcap Fund

Union Midcap Fund

Equity

Union Mutual Fund

Mid-Cap

Get the latest NAV of Union Midcap Fund. 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.

₹48.73

▼-2.8%1D

NAV as on 13 Mar 2026

29.65%/per year

Since Inception

Absolute Gain%

▲▼

424 people have invested ₹ 24.6L in Union Midcap Fund in the last three months

Union Midcap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (13-Mar-26)

The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, 5Y, but underperformed over 3Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-6.79%
-6.9%
-6.47%
14.98%
20.83%
17.59%
Nifty Midcap 150
-7.55%
-8.6%
-6.58%
13.02%
21.4%
17.38%
Mid-Cap Avg
-7.41%
-8.66%
-7.36%
11.38%
20.31%
16.42%
Best in Mid-Cap
-4.29%
-4.11%
-0.31%
23.35%
25.73%
21%
Worst in Mid-Cap
-10.84%
-17.77%
-21.08%
-6.21%
12.95%
12.47%

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
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Union Midcap Fund
-
1,652Cr
0.74%
14.98%
20.83%
-0.11
0.92
1.03
1.63
-0.33
HDFC Mid Cap Fund
1/21
94,257Cr
0.74%
15.26%
23.8%
4.29
0.85
1.39
2.45
0.66
Edelweiss Mid Cap Fund
2/21
14,355Cr
0.46%
15.63%
25.18%
3.78
0.93
1.30
2.18
0.70
Nippon India Growth Mid Cap Fund Mid Cap
3/21
43,983Cr
0.74%
16.91%
25.14%
3.36
0.95
1.29
2.28
0.88
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

Union Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Union Midcap Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Mid cap
68.5%
Small cap
18%
Large cap
12%
Mid Cap allocation has gone down from 71% to 68.5%
Mid Cap allocation has gone down from 71% to 68.5%
Large Cap allocation has gone down from 13.2% to 12%
Large Cap allocation has gone down from 13.2% to 12%
Small Cap allocation has gone up from 14.2% to 18%
Small Cap allocation has gone up from 14.2% to 18%
Cash allocation has gone down from 1.6% to 1.5%
Cash allocation has gone down from 1.6% to 1.5%

Union Midcap Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Industrial
19.6%
Financial Services
18.9%
Consumer Cyclical
18.6%
Health
10.7%
Tech
10.5%
Basic Materials
9%
Real Estate
3.8%
Communication
3.4%
Consumer Defensive
2.6%
Energy
1.5%
Utilities
1.5%

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

Feb'26

Financial Services

26%

Industrial

20%

Consumer Cyclical

15%

Jan'26

Financial Services

26%

Industrial

17%

Consumer Cyclical

14%

Union Midcap Fund Holdings Details

as on (28-Feb-26)

Holdings
Weight%
1M Change
The Federal Bank Ltd
4.77%
2.7%
Max Financial Services Ltd
3.26%
3.5%
Indian Bank
3.14%
5.7%
L&T Finance Ltd
2.93%
8.9%
Shriram Finance Ltd
2.88%
0%
See all
Top Stocks bought last month
Multi Commodity Exchange of India Ltd's allocation increased from 1.12% to 1.84%
Multi Commodity Exchange of India Ltd's allocation increased from 1.12% to 1.84%
KEI Industries Ltd's allocation increased from 2.12% to 2.59%
KEI Industries Ltd's allocation increased from 2.12% to 2.59%
JSW Infrastructure Ltd's allocation increased from 0.19% to 0.66%
JSW Infrastructure Ltd's allocation increased from 0.19% to 0.66%
Top Stocks sold last month
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 1.98 %
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 1.98 %
Phoenix Mills Ltd's allocation decreased from 2.05 % to 1.97 %
Phoenix Mills Ltd's allocation decreased from 2.05 % to 1.97 %
Coromandel International Ltd's allocation decreased from 2.01 % to 1.89 %
Coromandel International Ltd's allocation decreased from 2.01 % to 1.89 %

Union Midcap Fund Overview

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

Expense ratio0.74%
Benchmark
S&P BSE 150 MidCap TR INR
AUM₹1652 Cr
Inception Date30 March, 2020
Min Lumpsum/SIP₹1,000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
193.81%
Risk
Risk meter
pointer
Very High Risk

About Union Midcap Fund

Union Midcap Fund is an equity fund. This fund was started on 30 March, 2020. The fund is managed by Pratik Dharmshi, Gaurav Chopra. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union Midcap Fund has ₹1652 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Union Midcap Fund has given a CAGR return of 29.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.98%, 20.83% and 17.59% respectively.

Holdings

Union Midcap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Tech, Communication, Real Estate, Utilities, Consumer Defensive, Corporate, Energy. Its top holdings are The Federal Bank Ltd, Max Financial Services Ltd, Indian Bank, L&T Finance Ltd, Shriram Finance Ltd

Taxation

As it is a 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 Midcap Fund

The investment objective of the Scheme is to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid 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 Midcap Fund has no lock in period.

Fund Manager

Pratik Dharmshi

Fund Manager of Union Midcap Fund, since 9 December 2024

Gaurav Chopra

Fund Manager of Union Midcap Fund, since 25 January 2023

Learn more about Union Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 1.7K Cr
₹ 1.6K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.7K Cr as of Feb'26
  • AUM increased by 54.2 Cr between Feb'26 and Jan'26

Compare Union Midcap Fund

Union Midcap Fund

VS

HDFC Mid Cap Fund

Frequently Asked Questions for Union Midcap Fund

How do I invest in Union Midcap Fund?

INDmoney makes it simple to invest in the Union Midcap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Union Midcap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Union Midcap Fund?

The NAV of the fund today is ₹48.73. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Union Midcap Fund fund has generated a return of 14.98% in 1 year, 20.83% in 3 years, 17.59% in 5 years.

Who is the fund manager of Union Midcap Fund?

The fund managers are Pratik Dharmshi, Gaurav Chopra.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-15 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.74%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1652 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Union Midcap Fund?

The top 3 holdings of the fund are The Federal Bank Ltd(4.77%), Max Financial Services Ltd(3.26%), Indian Bank(3.14%)