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Fund Overview

Fund Size

Fund Size

₹735 Cr

Expense Ratio

Expense Ratio

0.94%

ISIN

ISIN

INF582M01GA0

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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, 5 months and 7 days, having been launched on 13-Dec-19.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹24.43, Assets Under Management (AUM) of 735.02 Crores, and an expense ratio of 0.94%.
  • Union Large & Midcap Fund Direct Growth has given a CAGR return of 22.27% since inception.
  • The fund's asset allocation comprises around 97.18% in equities, 0.00% in debts, and 2.82% 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

+38.18%

+41.95% (Cat Avg.)

3 Years

+22.65%

+21.82% (Cat Avg.)

Since Inception

+22.27%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity714.32 Cr97.18%
Others20.7 Cr2.82%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Reliance Industries LtdEquity28.83 Cr3.92%
ICICI Bank LtdEquity27.32 Cr3.72%
HDFC Bank LtdEquity26.54 Cr3.61%
TrepsCash - Repurchase Agreement24.19 Cr3.29%
State Bank of IndiaEquity18.52 Cr2.52%
Bharti Airtel LtdEquity18.06 Cr2.46%
Maruti Suzuki India LtdEquity17.81 Cr2.42%
Dixon Technologies (India) LtdEquity15.49 Cr2.11%
Cummins India LtdEquity15.42 Cr2.10%
Tata Motors Ltd Class AEquity14.59 Cr1.98%
CG Power & Industrial Solutions LtdEquity14.44 Cr1.96%
Max Financial Services LtdEquity14.19 Cr1.93%
Zomato LtdEquity13.53 Cr1.84%
Info Edge (India) LtdEquity13.52 Cr1.84%
Jindal Steel & Power LtdEquity12.8 Cr1.74%
Muthoot Finance LtdEquity12.68 Cr1.72%
JSW Energy LtdEquity12.42 Cr1.69%
UNO Minda LtdEquity11.9 Cr1.62%
Prestige Estates Projects LtdEquity11.68 Cr1.59%
HDFC Asset Management Co LtdEquity11.52 Cr1.57%
Tata Steel LtdEquity11.45 Cr1.56%
Indus Towers Ltd Ordinary SharesEquity11.41 Cr1.55%
Voltas LtdEquity11.36 Cr1.55%
Schaeffler India LtdEquity11.32 Cr1.54%
Indian BankEquity11.08 Cr1.51%
Varun Beverages LtdEquity10.87 Cr1.48%
Larsen & Toubro LtdEquity10.73 Cr1.46%
Shriram Finance LtdEquity10.62 Cr1.45%
Phoenix Mills LtdEquity9.9 Cr1.35%
Sona BLW Precision Forgings LtdEquity9.7 Cr1.32%
Coal India LtdEquity9.1 Cr1.24%
Infosys LtdEquity9.03 Cr1.23%
TVS Motor Co LtdEquity8.84 Cr1.20%
Godrej Properties LtdEquity8.63 Cr1.17%
Lupin LtdEquity8.62 Cr1.17%
Max Healthcare Institute Ltd Ordinary SharesEquity7.92 Cr1.08%
Thermax LtdEquity7.63 Cr1.04%
PB Fintech LtdEquity7.55 Cr1.03%
Axis Bank LtdEquity7.54 Cr1.03%
Hindalco Industries LtdEquity7.46 Cr1.02%
NTPC LtdEquity7.44 Cr1.01%
Trent LtdEquity7.33 Cr1.00%
Canara BankEquity7.32 Cr1.00%
LIC Housing Finance LtdEquity7.21 Cr0.98%
Sun Pharmaceuticals Industries LtdEquity6.99 Cr0.95%
Bajaj Auto LtdEquity6.92 Cr0.94%
Motherson Sumi Wiring India LtdEquity6.91 Cr0.94%
Persistent Systems LtdEquity6.91 Cr0.94%
Oil India LtdEquity6.9 Cr0.94%
Alembic Pharmaceuticals LtdEquity6.89 Cr0.94%
Bharat Heavy Electricals LtdEquity6.77 Cr0.92%
Tata Consultancy Services LtdEquity6.63 Cr0.90%
Supreme Industries LtdEquity6.36 Cr0.87%
KEC International LtdEquity6.26 Cr0.85%
Kesoram Industries LtdEquity5.74 Cr0.78%
Aurobindo Pharma LtdEquity5.74 Cr0.78%
Bharat Electronics LtdEquity5.68 Cr0.77%
Indian Hotels Co LtdEquity5.68 Cr0.77%
Container Corporation of India LtdEquity5.6 Cr0.76%
Solar Industries India LtdEquity5.58 Cr0.76%
Mankind Pharma LtdEquity5.56 Cr0.76%
Mahindra & Mahindra LtdEquity5.55 Cr0.76%
Sumitomo Chemical India Ltd Ordinary SharesEquity5.44 Cr0.74%
Power Grid Corp Of India LtdEquity5.4 Cr0.73%
Aarti Industries LtdEquity5.37 Cr0.73%
Tata Consumer Products LtdEquity5.34 Cr0.73%
Pidilite Industries LtdEquity5.29 Cr0.72%
Kalyan Jewellers India LtdEquity5.28 Cr0.72%
Oil & Natural Gas Corp LtdEquity5.26 Cr0.72%
Godrej Consumer Products LtdEquity5 Cr0.68%
PNC Infratech LtdEquity4.88 Cr0.66%
Jio Financial Services LtdEquity4.31 Cr0.59%
Net Receivable / PayableCash - Collateral-3.93 Cr0.54%
InterGlobe Aviation LtdEquity3.79 Cr0.52%
Avenue Supermarts LtdEquity3.68 Cr0.50%
Zydus Lifesciences LtdEquity3.52 Cr0.48%
CE Info Systems LtdEquity3.38 Cr0.46%
Torrent Power LtdEquity3.2 Cr0.43%
GE T&D India LtdEquity1.14 Cr0.16%
182 DTB 27062024Bond - Gov't/Treasury0.45 Cr0.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

47.69%

Mid Cap Stocks

44.92%

Small Cap Stocks

4.57%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services166.38 Cr22.64%
Consumer Cyclical125.36 Cr17.06%
Industrials100.08 Cr13.62%
Basic Materials59.16 Cr8.05%
Energy50.1 Cr6.82%
Healthcare45.24 Cr6.16%
Communication Services43 Cr5.85%
Technology41.44 Cr5.64%
Real Estate30.22 Cr4.11%
Utilities28.46 Cr3.87%
Consumer Defensive24.89 Cr3.39%

Risk & Performance Ratios

Standard Deviation

This fund

12.83%

Cat. avg.

13.46%

Lower the better

Sharpe Ratio

This fund

1.23

Cat. avg.

1.15

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.22

Higher the better

Fund Managers

HB

Hardick Bora

Since December 2019

Vinod Malviya

Vinod Malviya

Since May 2024

Additional Scheme Detailsas of 30th April 2024

ISININF582M01GA0Expense Ratio0.94%Exit Load1.00%Fund Size₹735 CrAge13 Dec 2019Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkS&P BSE 250 LargeMidcap Index TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹735.02 Cr38.2%
Union Large & Midcap Fund Regular Growth

Very High Risk

2.4%1.0%₹735.02 Cr36.3%
HSBC Large & Mid Cap Fund Regular Growth

Very High Risk

2.0%1.0%₹2768.75 Cr48.3%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2768.75 Cr49.8%
Baroda BNP Paribas Large & Mid Cap Fund Regular Growth

Very High Risk

2.2%1.0%₹1172.17 Cr45.9%
Baroda BNP Paribas Large & Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1172.17 Cr47.8%
Tata Large & Mid Cap Fund Regular Growth

Very High Risk

1.8%1.0%₹7203.51 Cr31.3%
Navi Large & Midcap Fund Regular Growth

Very High Risk

2.3%0.0%₹281.82 Cr25.5%
Navi Large & Midcap Fund Direct Growth

Very High Risk

0.3%0.0%₹281.82 Cr27.9%
UTI Core Equity Fund Regular Growth

Very High Risk

2.0%1.0%₹2978.06 Cr46.4%

About the AMC

Total AUM

₹17,553 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Union Children's Fund Direct Growth

Very High Risk

0.7%0.0%₹44.99 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.9%1.0%₹642.64 Cr-
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-6.6%
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹3964.76 Cr46.2%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹594.14 Cr28.9%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.7%1.0%₹226.81 Cr6.2%
Union Value Discovery Fund Direct Growth

Very High Risk

1.4%1.0%₹237.46 Cr44.4%
Union Multicap Fund Direct Growth

Very High Risk

1.1%1.0%₹893.07 Cr42.0%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹1601.68 Cr20.1%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.8%1.0%₹165.94 Cr14.5%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹179.35 Cr8.4%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.5%0.0%₹875.87 Cr35.9%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.3%1.0%₹111.24 Cr5.8%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2051.30 Cr37.8%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹2479.02 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1139.50 Cr46.3%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹132.34 Cr6.6%
Union Largecap Fund Direct Growth

Very High Risk

1.8%1.0%₹335.49 Cr33.4%
Union Retirement Fund Direct Growth

Very High Risk

1.8%0.0%₹123.72 Cr40.8%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹411.46 Cr6.7%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹157.87 Cr6.8%
Union Focused Fund Direct Growth

Very High Risk

1.6%1.0%₹402.71 Cr31.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹168.68 Cr7.1%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹735.02 Cr38.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Union Large & Midcap Fund Direct Growth, as of 17-May-2024, is ₹24.43.
The fund has generated 38.18% over the last 1 year and 22.65% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.18% in equities, 0.00% in bonds, and 2.82% in cash and cash equivalents.
The fund managers responsible for Union Large & Midcap Fund Direct Growth are:-
  1. Hardick Bora
  2. Vinod Malviya