Union Large & Midcap Fund Direct Growth
EquityLarge & Mid- CapVery High Risk
Direct
NAV (13-Sep-24)
₹27.880.29%1D
Returns (Since Inception)
24.00%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹860 Cr
Expense Ratio
0.88%
ISIN
INF582M01GA0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
13 Dec 2019
About this fund
Union Large & Midcap Fund Direct Growth is a Large & Mid- Cap mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 4 years, 9 months and 3 days, having been launched on 13-Dec-19.
As of 13-Sep-24, it has a Net Asset Value (NAV) of ₹27.88, Assets Under Management (AUM) of 860.15 Crores, and an expense ratio of 0.88%.
As of 13-Sep-24, it has a Net Asset Value (NAV) of ₹27.88, Assets Under Management (AUM) of 860.15 Crores, and an expense ratio of 0.88%.
- Union Large & Midcap Fund Direct Growth has given a CAGR return of 24.00% since inception.
- The fund's asset allocation comprises around 96.39% in equities, 0.04% in debts, and 3.57% in cash & cash equivalents.
- You can start investing in Union Large & 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
+36.00%
+41.56% (Cat Avg.)
3 Years
+18.63%
+20.86% (Cat Avg.)
Since Inception
+24.00%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹829.08 Cr | 96.39% |
| Debt | ₹0.34 Cr | 0.04% |
| Others | ₹30.73 Cr | 3.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹33.37 Cr | 3.88% |
| HDFC Bank Ltd | Equity | ₹30.38 Cr | 3.53% |
| Infosys Ltd | Equity | ₹24.01 Cr | 2.79% |
| Treps | Cash - Repurchase Agreement | ₹21.7 Cr | 2.52% |
| Reliance Industries Ltd | Equity | ₹19.71 Cr | 2.29% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹19.17 Cr | 2.23% |
| Shriram Finance Ltd | Equity | ₹18.27 Cr | 2.12% |
| Info Edge (India) Ltd | Equity | ₹17.15 Cr | 1.99% |
| Mphasis Ltd | Equity | ₹17.08 Cr | 1.99% |
| Trent Ltd | Equity | ₹16.98 Cr | 1.97% |
| Suzlon Energy Ltd | Equity | ₹14.83 Cr | 1.72% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹14.47 Cr | 1.68% |
| Kalyan Jewellers India Ltd | Equity | ₹14.09 Cr | 1.64% |
| Tata Consultancy Services Ltd | Equity | ₹13.83 Cr | 1.61% |
| UNO Minda Ltd | Equity | ₹13.81 Cr | 1.61% |
| State Bank of India | Equity | ₹13.8 Cr | 1.60% |
| Lupin Ltd | Equity | ₹13.44 Cr | 1.56% |
| Voltas Ltd | Equity | ₹13.43 Cr | 1.56% |
| Axis Bank Ltd | Equity | ₹13.3 Cr | 1.55% |
| Zomato Ltd | Equity | ₹13.29 Cr | 1.54% |
| The Federal Bank Ltd | Equity | ₹12.07 Cr | 1.40% |
| Bharti Hexacom Ltd | Equity | ₹11.52 Cr | 1.34% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹11.5 Cr | 1.34% |
| Dixon Technologies (India) Ltd | Equity | ₹11.42 Cr | 1.33% |
| InterGlobe Aviation Ltd | Equity | ₹11.17 Cr | 1.30% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹10.75 Cr | 1.25% |
| CG Power & Industrial Solutions Ltd | Equity | ₹10.14 Cr | 1.18% |
| Emami Ltd | Equity | ₹10.12 Cr | 1.18% |
| Bharat Electronics Ltd | Equity | ₹10.09 Cr | 1.17% |
| Samvardhana Motherson International Ltd | Equity | ₹10.06 Cr | 1.17% |
| Power Finance Corp Ltd | Equity | ₹9.95 Cr | 1.16% |
| Cummins India Ltd | Equity | ₹9.87 Cr | 1.15% |
| Kaynes Technology India Ltd | Equity | ₹9.75 Cr | 1.13% |
| Jubilant Foodworks Ltd | Equity | ₹9.4 Cr | 1.09% |
| Quess Corp Ltd | Equity | ₹9.39 Cr | 1.09% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹9.29 Cr | 1.08% |
| Persistent Systems Ltd | Equity | ₹9.2 Cr | 1.07% |
| Escorts Kubota Ltd | Equity | ₹9.17 Cr | 1.07% |
| Bharti Airtel Ltd | Equity | ₹9.14 Cr | 1.06% |
| Alkem Laboratories Ltd | Equity | ₹9.1 Cr | 1.06% |
| Hindustan Petroleum Corp Ltd | Equity | ₹9.09 Cr | 1.06% |
| Tech Mahindra Ltd | Equity | ₹9.08 Cr | 1.06% |
| Net Receivable / Payable | Cash - Collateral | ₹9.02 Cr | 1.05% |
| Torrent Pharmaceuticals Ltd | Equity | ₹8.68 Cr | 1.01% |
| Oil & Natural Gas Corp Ltd | Equity | ₹8.6 Cr | 1.00% |
| Jindal Steel & Power Ltd | Equity | ₹8.51 Cr | 0.99% |
| Larsen & Toubro Ltd | Equity | ₹8.47 Cr | 0.98% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹8.41 Cr | 0.98% |
| Max Financial Services Ltd | Equity | ₹8.38 Cr | 0.97% |
| Gokaldas Exports Ltd | Equity | ₹8.27 Cr | 0.96% |
| Coforge Ltd | Equity | ₹8.25 Cr | 0.96% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹8.13 Cr | 0.95% |
| Godrej Properties Ltd | Equity | ₹7.97 Cr | 0.93% |
| Godrej Consumer Products Ltd | Equity | ₹7.93 Cr | 0.92% |
| Kajaria Ceramics Ltd | Equity | ₹7.91 Cr | 0.92% |
| 3M India Ltd | Equity | ₹7.82 Cr | 0.91% |
| Greenply Industries Ltd | Equity | ₹7.77 Cr | 0.90% |
| Varun Beverages Ltd | Equity | ₹7.42 Cr | 0.86% |
| JSW Energy Ltd | Equity | ₹7.42 Cr | 0.86% |
| Kesoram Industries Ltd | Equity | ₹6.62 Cr | 0.77% |
| Cera Sanitaryware Ltd | Equity | ₹6.6 Cr | 0.77% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹6.56 Cr | 0.76% |
| ITC Ltd | Equity | ₹6.32 Cr | 0.74% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹6.26 Cr | 0.73% |
| PB Fintech Ltd | Equity | ₹6.15 Cr | 0.71% |
| Oil India Ltd | Equity | ₹5.99 Cr | 0.70% |
| Supreme Industries Ltd | Equity | ₹5.95 Cr | 0.69% |
| Balkrishna Industries Ltd | Equity | ₹5.77 Cr | 0.67% |
| Prestige Estates Projects Ltd | Equity | ₹5.38 Cr | 0.63% |
| Maruti Suzuki India Ltd | Equity | ₹5.15 Cr | 0.60% |
| Bharat Heavy Electricals Ltd | Equity | ₹4.84 Cr | 0.56% |
| ABB India Ltd | Equity | ₹4.8 Cr | 0.56% |
| Phoenix Mills Ltd | Equity | ₹4.65 Cr | 0.54% |
| Hero MotoCorp Ltd | Equity | ₹4.42 Cr | 0.51% |
| Aurobindo Pharma Ltd | Equity | ₹4.39 Cr | 0.51% |
| KEI Industries Ltd | Equity | ₹4.37 Cr | 0.51% |
| JK Cement Ltd | Equity | ₹4.36 Cr | 0.51% |
| Power Grid Corp Of India Ltd | Equity | ₹4.35 Cr | 0.51% |
| Muthoot Finance Ltd | Equity | ₹4.32 Cr | 0.50% |
| Zydus Lifesciences Ltd | Equity | ₹4.29 Cr | 0.50% |
| KPIT Technologies Ltd | Equity | ₹4.27 Cr | 0.50% |
| NTPC Ltd | Equity | ₹4.16 Cr | 0.48% |
| Ipca Laboratories Ltd | Equity | ₹4.15 Cr | 0.48% |
| Coal India Ltd | Equity | ₹4.15 Cr | 0.48% |
| PI Industries Ltd | Equity | ₹4.05 Cr | 0.47% |
| GE T&D India Ltd | Equity | ₹3.49 Cr | 0.41% |
| Schaeffler India Ltd | Equity | ₹3.06 Cr | 0.36% |
| Solar Industries India Ltd | Equity | ₹2.39 Cr | 0.28% |
| Thermax Ltd | Equity | ₹2.19 Cr | 0.25% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹0.34 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.26%
Mid Cap Stocks
45.24%
Small Cap Stocks
10.55%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹175.41 Cr | 20.39% |
| Industrials | ₹168.75 Cr | 19.62% |
| Consumer Cyclical | ₹115.79 Cr | 13.46% |
| Technology | ₹97.14 Cr | 11.29% |
| Healthcare | ₹58.74 Cr | 6.83% |
| Communication Services | ₹56.98 Cr | 6.62% |
| Energy | ₹47.54 Cr | 5.53% |
| Basic Materials | ₹42.99 Cr | 5.00% |
| Consumer Defensive | ₹31.8 Cr | 3.70% |
| Real Estate | ₹18 Cr | 2.09% |
| Utilities | ₹15.93 Cr | 1.85% |
Risk & Performance Ratios
Standard Deviation
This fund
12.44%
Cat. avg.
13.26%
Lower the better
Sharpe Ratio
This fund
1.02
Cat. avg.
1.11
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.16
Higher the better
Fund Managers
HB
Hardick Bora
Since December 2019
Vinod Malviya
Since May 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF582M01GA0 | Expense Ratio | 0.88% | Exit Load | 1.00% | Fund Size | ₹860 Cr | Age | 13 Dec 2019 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | BSE 250 LargeMidcap Index TR 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 Large & Mid- Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹860.15 Cr | 36.0% |
| Union Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹860.15 Cr | 34.1% |
| HSBC Large & Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3570.35 Cr | 48.4% |
| HSBC Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹3570.35 Cr | 49.9% |
| Baroda BNP Paribas Large & Mid Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1443.47 Cr | 47.7% |
| Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1443.47 Cr | 49.6% |
| Tata Large & Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8412.41 Cr | 33.6% |
| Navi Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹328.75 Cr | 28.7% |
| Navi Large & Midcap Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹328.75 Cr | 31.1% |
| UTI Core Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3931.11 Cr | 48.3% |
About the AMC
Total AUM
₹20,996 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% | ₹57.68 Cr | - |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹824.31 Cr | 46.3% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | - | 7.9% |
| Union Small Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹5092.95 Cr | 30.0% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹648.99 Cr | 25.7% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹242.91 Cr | 8.0% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹282.36 Cr | 35.8% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1053.06 Cr | 34.6% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1572.46 Cr | 19.8% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹264.46 Cr | 13.0% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹249.28 Cr | 8.3% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹960.42 Cr | 31.5% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹80.69 Cr | 9.2% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1530.50 Cr | 30.5% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5093.74 Cr | 7.5% |
| Union Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1406.99 Cr | 45.9% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹165.41 Cr | 10.1% |
| Union Largecap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹421.90 Cr | 29.1% |
| Union Retirement Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹149.25 Cr | 36.8% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹349.94 Cr | 8.1% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹245.45 Cr | 6.8% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹426.55 Cr | 27.4% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹179.08 Cr | 7.3% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹860.15 Cr | 36.0% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Union Large & Midcap Fund Direct Growth?
The NAV of Union Large & Midcap Fund Direct Growth, as of 13-Sep-2024, is ₹27.88.
What are the returns of Union Large & Midcap Fund Direct Growth?
The fund has generated 36.00% over the last 1 year and 18.63% 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 Large & Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 96.39% in equities, 0.04% in bonds, and 3.57% in cash and cash equivalents.
Who manages the Union Large & Midcap Fund Direct Growth?
The fund managers responsible for Union Large & Midcap Fund Direct Growth are:-
- Hardick Bora
- Vinod Malviya
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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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.