Union Large & Midcap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 24.16 as on 16-05-2024
About the Fund
Union Large & Midcap Fund Direct Growth is an equity fund. This fund was started on 13 December, 2019. The fund is managed by Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Large & Midcap Fund Direct Growth has ₹735 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Fund Performance
74 people have invested ₹ 5.5L in Union Large & Midcap Fund Direct Growth in the last three months
Overview
 | 0.94% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹735 Cr |
 | 13 December, 2019 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 38.48% |
Union Large & Midcap Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
47.7%
Mid cap
44.9%
Small cap
4.6%
Sector Allocation
Financial Services
23.3%
Consumer Cyclical
17.6%
Industrial
14%
Basic Materials
8.3%
Energy
7%
Health
6.3%
Communication
6%
Tech
5.8%
Real Estate
4.2%
Utilities
4%
Consumer Defensive
3.5%
Top Holdings of Union Large & Midcap Fund Direct Growth as on (30-Apr-24)
Equity Holdings77
Debt Holdings1
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Schaeffler India Ltd | 18.8% |
Voltas Ltd | 1.6% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 3.79% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
- This fund outperformed NIFTY 500 by 1.33% in Apr'24
AUM Change
- AUM of the fund stands at 735 Cr as of Apr'24
- AUM increased by 29.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Hardick Bora
Fund Manager of Union Large & Midcap Fund Direct Growth, since 17 December 2019
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Large & Midcap Fund Direct Growth, since 25 January 2023
Top funds managed
Union Large & Midcap 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 21.56% since inception which is more than its category average return of 16.13%
Fund Allocations
This fund has an allocation of 97.18% in Equity, 0% in Debt and 2.82% in Cash related instruments
AUM size ₹735 Cr
This fund has AUM of ₹735 Cr which is less than its category average of ₹ 6434 Cr
Expense Ratio 0.94%
This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Union Large & Midcap Fund Direct Growth is ₹24.16 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Union Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 16.35% | 16.35% |
1 Year Returns | 34.45% | 34.45% |
3 Years Returns | 81.45% | 21.97% |
5 Years Returns | 0% | 0% |
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.
0.94% as on April 2024
₹735 Cr as on April 2024
Reliance Industries Ltd(3.92%), ICICI Bank Ltd(3.72%), HDFC Bank Ltd(3.61%), State Bank of India(2.52%), Bharti Airtel Ltd(2.46%) as on April 2024
Financial Services(22.64%), Consumer Cyclical(17.06%), Industrial(13.62%) as on April 2024
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 | 8.49 | 3.91 | - |
As on April 2024
The alpha for Union Large & Midcap Fund Direct Growth is calculated against S&P BSE 200 India 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 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 | 0.75 | 0.87 | - |
As on April 2024
The Beta for Union Large & Midcap Fund Direct Growth is calculated with S&P BSE 200 India 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 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 | 3.07 | 1.23 | - |
As on April 2024
The sharpe ratio for Union Large & Midcap Fund Direct Growth is calculated with S&P BSE 200 India 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 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 | 8.94 | 12.83 | - |
As on April 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 2.28 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.44 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Large & Midcap Fund Direct Growth
The Exit load of Union Large & Midcap Fund Direct Growth is 1%