Union Midcap Fund Direct Growth

Union Midcap Fund Direct Growth

Equity

Union Mutual Fund

Mid-Cap

Get the latest NAV of Union 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.

₹51.75

NAV as on 17 Jul 2025

35.4%/per year

Since Inception

Absolute Gain%

▲▼

434 people have invested ₹ 39.1L in Union Midcap Fund Direct Growth in the last three months

Union Midcap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (17-Jul-25)

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

Period
This Fund
Nifty Midcap 150
Category Avg
1 Month
2.48%
2.54%
2.73%
3 Months
13.91%
13.24%
13.17%
6 Months
9.41%
8.96%
7.93%
1 Year
4.29%
2.56%
2.98%
3 Years
24.37%
27.59%
26.21%
5 Years
30.79%
30.6%
29.07%

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 Midcap Fund
-
1,520Cr
0.7%
4.29%
24.37%
35.4%
Edelweiss Mid Cap Fund Direct Growth
1/19
10,988Cr
0.39%
8.74%
30.95%
22.7%
HDFC Mid Cap Fund Direct Growth
2/19
84,061Cr
0.77%
7.59%
31.97%
21.62%
Invesco India Mid Cap Fund Direct Growth
3/19
7,406Cr
0.63%
17.87%
33.55%
22.3%
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-Jul-25)

Fund Distribution

as on (14-Jul-25)

Equity 98.5%

Debt & Cash 1.5%

Mid cap
69.8%
Large cap
15.6%
Small cap
12.3%
Mid Cap allocation has gone up from 68.2% to 69.8%
Mid Cap allocation has gone up from 68.2% to 69.8%
Large Cap allocation has gone up from 13.8% to 15.6%
Large Cap allocation has gone up from 13.8% to 15.6%
Small Cap allocation has gone down from 14.5% to 12.3%
Small Cap allocation has gone down from 14.5% to 12.3%
Cash allocation has gone down from 2.8% to 1.5%
Cash allocation has gone down from 2.8% to 1.5%
Debt allocation has gone up from 0% to 0.1%
Debt allocation has gone up from 0% to 0.1%

Union Midcap Fund Sector Allocation

See fund sector allocation details as on (14-Jul-25)

Sector Allocation

Equity 98.5%

Debt & Cash 1.5%

Industrial
23.5%
Consumer Cyclical
18.6%
Financial Services
15.9%
Tech
14.6%
Health
10.2%
Basic Materials
6.8%
Communication
4%
Real Estate
3.1%
Energy
1.4%
Utilities
1%
Consumer Defensive
0.9%

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

Jun'25

Industrial

20%

Financial Services

19%

Consumer Cyclical

15%

May'25

Financial Services

21%

Consumer Cyclical

19%

Industrial

15%

Union Midcap Fund Holdings Details

as on (30-Jun-25)

Equity

Debt & Cash

Top Stocks bought last month
Cummins India Ltd's allocation increased from 0.78% to 2.1%
Cummins India Ltd's allocation increased from 0.78% to 2.1%
Nippon Life India Asset Management Ltd Ordinary Shares's allocation increased from 0.96% to 1.74%
Nippon Life India Asset Management Ltd Ordinary Shares's allocation increased from 0.96% to 1.74%
Endurance Technologies Ltd's allocation increased from 0.91% to 1.65%
Endurance Technologies Ltd's allocation increased from 0.91% to 1.65%
Top Stocks sold last month
The Federal Bank Ltd's allocation decreased from 3.92 % to 3.76 %
The Federal Bank Ltd's allocation decreased from 3.92 % to 3.76 %
Dixon Technologies (India) Ltd's allocation decreased from 2.56 % to 2.17 %
Dixon Technologies (India) Ltd's allocation decreased from 2.56 % to 2.17 %
Coforge Ltd's allocation decreased from 2.34 % to 2.11 %
Coforge Ltd's allocation decreased from 2.34 % to 2.11 %

Union Midcap Fund Direct Growth Overview

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

Expense ratio0.7%
Benchmark
S&P BSE 150 MidCap TR INR
AUM₹1520 Cr
Inception Date30 March, 2020
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
161.46%
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 Midcap Fund

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

Key Parameters

  1. Union Midcap Fund Direct Growth has ₹1520 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Union Midcap Fund Direct Growth has given a CAGR return of 35.40% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.29%, 24.37% and 30.79% respectively.

Holdings

Union Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Health, Basic Materials, Tech, Real Estate, Communication, Energy, Consumer Defensive, Government, Utilities. Its top holdings are The Federal Bank Ltd, Max Financial Services Ltd, Fortis Healthcare Ltd, Dixon Technologies (India) Ltd, Bharat Electronics 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 Direct Growth

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 Direct Growth has no lock in period.

Fund Manager

Pratik Dharmshi

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

Learn more about Union Mutual Fund
Parameters
Jun'25
May'25
Apr'25
AUM
₹ 1.5K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.5K Cr as of Jun'25
  • AUM increased by 173.3 Cr between Jun'25 and May'25

Compare Union Midcap Fund

Union Midcap Fund

VS

HDFC Mid Cap Fund Direct Growth

Frequently Asked Questions for Union Midcap Fund Direct Growth

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 ₹51.75. 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 4.29% in 1 year, 24.37% in 3 years, 30.79% in 5 years.

Who is the fund manager of Union Midcap Fund?

The fund managers are Pratik Dharmshi.

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 0.70%. 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 ₹1520 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(3.76%), Max Financial Services Ltd(3.28%), Fortis Healthcare Ltd(2.27%)