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Fund Overview
Fund Size
₹1,381 Cr
Expense Ratio
0.73%
ISIN
INF582M01GI3
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
30 Mar 2020
About this fund
Union Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 4 years, 8 months and 22 days, having been launched on 30-Mar-20.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹50.26, Assets Under Management (AUM) of 1380.72 Crores, and an expense ratio of 0.73%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹50.26, Assets Under Management (AUM) of 1380.72 Crores, and an expense ratio of 0.73%.
- Union Midcap Fund Direct Growth has given a CAGR return of 39.60% since inception.
- The fund's asset allocation comprises around 97.35% in equities, 0.00% in debts, and 2.65% in cash & cash equivalents.
- You can start investing in Union Midcap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+32.96%
+32.43% (Cat Avg.)
3 Years
+22.26%
+23.91% (Cat Avg.)
Since Inception
+39.60%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹1,344.09 Cr | 97.35% |
| Others | ₹36.63 Cr | 2.65% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Coforge Ltd | Equity | ₹47.31 Cr | 3.43% |
| The Federal Bank Ltd | Equity | ₹43.14 Cr | 3.12% |
| Persistent Systems Ltd | Equity | ₹40.67 Cr | 2.95% |
| Mphasis Ltd | Equity | ₹39.83 Cr | 2.89% |
| Treps | Cash - Repurchase Agreement | ₹36.59 Cr | 2.65% |
| Voltas Ltd | Equity | ₹35.66 Cr | 2.58% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹35.5 Cr | 2.57% |
| Dixon Technologies (India) Ltd | Equity | ₹35.11 Cr | 2.54% |
| Max Financial Services Ltd | Equity | ₹34.4 Cr | 2.49% |
| Suzlon Energy Ltd | Equity | ₹32.17 Cr | 2.33% |
| Info Edge (India) Ltd | Equity | ₹31.67 Cr | 2.29% |
| Shriram Finance Ltd | Equity | ₹27.78 Cr | 2.01% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹27.18 Cr | 1.97% |
| Cummins India Ltd | Equity | ₹26.91 Cr | 1.95% |
| Ipca Laboratories Ltd | Equity | ₹25.2 Cr | 1.83% |
| Kalyan Jewellers India Ltd | Equity | ₹25.01 Cr | 1.81% |
| CG Power & Industrial Solutions Ltd | Equity | ₹24.41 Cr | 1.77% |
| Indian Hotels Co Ltd | Equity | ₹23.33 Cr | 1.69% |
| Lupin Ltd | Equity | ₹23.26 Cr | 1.68% |
| Supreme Industries Ltd | Equity | ₹23.2 Cr | 1.68% |
| Phoenix Mills Ltd | Equity | ₹21.76 Cr | 1.58% |
| Muthoot Finance Ltd | Equity | ₹21.64 Cr | 1.57% |
| Bharti Hexacom Ltd | Equity | ₹21.44 Cr | 1.55% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹21.19 Cr | 1.53% |
| Trent Ltd | Equity | ₹21.17 Cr | 1.53% |
| Fortis Healthcare Ltd | Equity | ₹20.89 Cr | 1.51% |
| Jubilant Foodworks Ltd | Equity | ₹19.91 Cr | 1.44% |
| Aurobindo Pharma Ltd | Equity | ₹19.31 Cr | 1.40% |
| Coromandel International Ltd | Equity | ₹19.24 Cr | 1.39% |
| KEC International Ltd | Equity | ₹19.23 Cr | 1.39% |
| Hindustan Petroleum Corp Ltd | Equity | ₹19 Cr | 1.38% |
| Indian Bank | Equity | ₹16.81 Cr | 1.22% |
| Solar Industries India Ltd | Equity | ₹16.74 Cr | 1.21% |
| KEI Industries Ltd | Equity | ₹16.38 Cr | 1.19% |
| GE Vernova T&D India Ltd | Equity | ₹16.1 Cr | 1.17% |
| JK Cement Ltd | Equity | ₹16.09 Cr | 1.17% |
| Kaynes Technology India Ltd | Equity | ₹15.88 Cr | 1.15% |
| PB Fintech Ltd | Equity | ₹15 Cr | 1.09% |
| Blue Star Ltd | Equity | ₹14.95 Cr | 1.08% |
| Gokaldas Exports Ltd | Equity | ₹14.84 Cr | 1.07% |
| Hero MotoCorp Ltd | Equity | ₹14.64 Cr | 1.06% |
| Quess Corp Ltd | Equity | ₹14.43 Cr | 1.05% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹14.22 Cr | 1.03% |
| Aadhar Housing Finance Ltd | Equity | ₹14.2 Cr | 1.03% |
| JSW Energy Ltd | Equity | ₹13.68 Cr | 0.99% |
| Greenply Industries Ltd | Equity | ₹13.64 Cr | 0.99% |
| Zomato Ltd | Equity | ₹12.79 Cr | 0.93% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹12.68 Cr | 0.92% |
| Alkem Laboratories Ltd | Equity | ₹12.63 Cr | 0.91% |
| Power Finance Corp Ltd | Equity | ₹12.61 Cr | 0.91% |
| UNO Minda Ltd | Equity | ₹12.43 Cr | 0.90% |
| Jindal Steel & Power Ltd | Equity | ₹11.9 Cr | 0.86% |
| InterGlobe Aviation Ltd | Equity | ₹11.88 Cr | 0.86% |
| Emami Ltd | Equity | ₹11.87 Cr | 0.86% |
| Samvardhana Motherson International Ltd | Equity | ₹11.33 Cr | 0.82% |
| Endurance Technologies Ltd | Equity | ₹11.33 Cr | 0.82% |
| Campus Activewear Ltd | Equity | ₹11.16 Cr | 0.81% |
| Balkrishna Industries Ltd | Equity | ₹10.76 Cr | 0.78% |
| Tech Mahindra Ltd | Equity | ₹10.54 Cr | 0.76% |
| Godrej Properties Ltd | Equity | ₹10.49 Cr | 0.76% |
| HCL Technologies Ltd | Equity | ₹10.46 Cr | 0.76% |
| Container Corporation of India Ltd | Equity | ₹10.45 Cr | 0.76% |
| Sona BLW Precision Forgings Ltd | Equity | ₹10.43 Cr | 0.76% |
| L&T Technology Services Ltd | Equity | ₹10.39 Cr | 0.75% |
| Bharat Electronics Ltd | Equity | ₹10.38 Cr | 0.75% |
| Prestige Estates Projects Ltd | Equity | ₹9.79 Cr | 0.71% |
| Bharat Forge Ltd | Equity | ₹8.81 Cr | 0.64% |
| Ntpc Green Energy Ltd. | Equity | ₹8.66 Cr | 0.63% |
| Escorts Kubota Ltd | Equity | ₹8.61 Cr | 0.62% |
| Senco Gold Ltd | Equity | ₹7.77 Cr | 0.56% |
| Schaeffler India Ltd | Equity | ₹6.93 Cr | 0.50% |
| Cera Sanitaryware Ltd | Equity | ₹6.54 Cr | 0.47% |
| Kajaria Ceramics Ltd | Equity | ₹6.19 Cr | 0.45% |
| Ashok Leyland Ltd | Equity | ₹6.1 Cr | 0.44% |
| Go Fashion (India) Ltd | Equity | ₹4.06 Cr | 0.29% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹0.55 Cr | 0.04% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.51 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
12.25%
Mid Cap Stocks
70.72%
Small Cap Stocks
13.75%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹313.69 Cr | 22.72% |
| Consumer Cyclical | ₹247.88 Cr | 17.95% |
| Financial Services | ₹212.76 Cr | 15.41% |
| Technology | ₹194.31 Cr | 14.07% |
| Healthcare | ₹136.79 Cr | 9.91% |
| Basic Materials | ₹90.28 Cr | 6.54% |
| Communication Services | ₹53.11 Cr | 3.85% |
| Real Estate | ₹42.05 Cr | 3.05% |
| Energy | ₹19 Cr | 1.38% |
| Utilities | ₹13.68 Cr | 0.99% |
| Consumer Defensive | ₹11.87 Cr | 0.86% |
Risk & Performance Ratios
Standard Deviation
This fund
14.58%
Cat. avg.
14.85%
Lower the better
Sharpe Ratio
This fund
0.98
Cat. avg.
1.05
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.05
Higher the better
Fund Managers
SB
Sanjay Bembalkar
Since November 2024
Gaurav Chopra
Since January 2023
Additional Scheme Detailsas of 30th November 2024
ISIN INF582M01GI3 | Expense Ratio 0.73% | Exit Load 1.00% | Fund Size ₹1,381 Cr | Age 4 years 8 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark BSE 150 MidCapTR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1547.46 Cr | 35.6% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1547.46 Cr | 37.7% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹22897.62 Cr | 58.4% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16695.39 Cr | 24.5% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16695.39 Cr | 25.9% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30329.59 Cr | 33.5% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3460.90 Cr | 37.3% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3460.90 Cr | 35.3% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4494.44 Cr | 26.0% |
About the AMC
Union Mutual Fund
Total AUM
₹21,860 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹59.22 Cr | 22.2% |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹894.19 Cr | 46.7% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | - | 7.5% |
| Union Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹5842.20 Cr | 27.5% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹636.88 Cr | 17.9% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.77 Cr | 7.8% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹300.49 Cr | 21.5% |
| Union Multicap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1090.34 Cr | 26.6% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1457.11 Cr | 13.2% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹353.91 Cr | 10.0% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹233.48 Cr | 8.2% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹935.47 Cr | 20.9% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹78.74 Cr | 8.6% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1090.34 Cr | 20.8% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4472.93 Cr | 7.5% |
| Union Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1380.72 Cr | 33.0% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹140.36 Cr | 9.1% |
| Union Largecap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹438.15 Cr | 16.0% |
| Union Retirement Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹154.02 Cr | 22.1% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹257.69 Cr | 8.3% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹210.03 Cr | 6.7% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹423.34 Cr | 20.1% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹172.67 Cr | 7.4% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹847.32 Cr | 24.6% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Union Midcap Fund Direct Growth?
The NAV of Union Midcap Fund Direct Growth, as of 20-Dec-2024, is ₹50.26.
What are the returns of Union Midcap Fund Direct Growth?
The fund has generated 32.96% over the last 1 year and 22.26% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 97.35% in equities, 0.00% in bonds, and 2.65% in cash and cash equivalents.
Who manages the Union Midcap Fund Direct Growth?
The fund managers responsible for Union Midcap Fund Direct Growth are:-
- Sanjay Bembalkar
- Gaurav Chopra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.