Union Large & Midcap Fund Direct Growth
EquityLarge & Mid-CapVery High Risk
Direct
NAV (25-Jul-24)
₹26.29-0.23%1D
Returns (Since Inception)
23.21%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹817 Cr
Expense Ratio
0.85%
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, 7 months and 13 days, having been launched on 13-Dec-19.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹26.29, Assets Under Management (AUM) of 817.18 Crores, and an expense ratio of 0.85%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹26.29, Assets Under Management (AUM) of 817.18 Crores, and an expense ratio of 0.85%.
- Union Large & Midcap Fund Direct Growth has given a CAGR return of 23.21% since inception.
- The fund's asset allocation comprises around 97.63% in equities, 0.04% in debts, and 2.33% 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
+34.27%
+42.91% (Cat Avg.)
3 Years
+20.25%
+21.68% (Cat Avg.)
Since Inception
+23.21%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹797.84 Cr | 97.63% |
| Debt | ₹0.34 Cr | 0.04% |
| Others | ₹19.01 Cr | 2.33% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹36.13 Cr | 4.42% |
| Treps | Cash - Repurchase Agreement | ₹28.42 Cr | 3.48% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹23.52 Cr | 2.88% |
| UNO Minda Ltd | Equity | ₹21.11 Cr | 2.58% |
| ICICI Bank Ltd | Equity | ₹21.05 Cr | 2.58% |
| Cummins India Ltd | Equity | ₹21.01 Cr | 2.57% |
| Bharti Hexacom Ltd | Equity | ₹20.77 Cr | 2.54% |
| Reliance Industries Ltd | Equity | ₹20.43 Cr | 2.50% |
| Bharti Airtel Ltd | Equity | ₹20.3 Cr | 2.48% |
| Dixon Technologies (India) Ltd | Equity | ₹19.72 Cr | 2.41% |
| State Bank of India | Equity | ₹18.35 Cr | 2.25% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹18.19 Cr | 2.23% |
| Shriram Finance Ltd | Equity | ₹16.89 Cr | 2.07% |
| Prestige Estates Projects Ltd | Equity | ₹16.02 Cr | 1.96% |
| InterGlobe Aviation Ltd | Equity | ₹15.53 Cr | 1.90% |
| Samvardhana Motherson International Ltd | Equity | ₹15.42 Cr | 1.89% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹15.16 Cr | 1.85% |
| Info Edge (India) Ltd | Equity | ₹15.16 Cr | 1.85% |
| Trent Ltd | Equity | ₹14.59 Cr | 1.78% |
| Varun Beverages Ltd | Equity | ₹14.42 Cr | 1.76% |
| Axis Bank Ltd | Equity | ₹14.32 Cr | 1.75% |
| Hero MotoCorp Ltd | Equity | ₹13.95 Cr | 1.71% |
| Jindal Steel & Power Ltd | Equity | ₹13.86 Cr | 1.70% |
| Godrej Properties Ltd | Equity | ₹13.03 Cr | 1.59% |
| Suzlon Energy Ltd | Equity | ₹12.16 Cr | 1.49% |
| Escorts Kubota Ltd | Equity | ₹11.94 Cr | 1.46% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹11.74 Cr | 1.44% |
| Bharat Electronics Ltd | Equity | ₹11.38 Cr | 1.39% |
| Voltas Ltd | Equity | ₹11.34 Cr | 1.39% |
| Phoenix Mills Ltd | Equity | ₹11.27 Cr | 1.38% |
| CG Power & Industrial Solutions Ltd | Equity | ₹11.25 Cr | 1.38% |
| Schaeffler India Ltd | Equity | ₹10.75 Cr | 1.32% |
| Balkrishna Industries Ltd | Equity | ₹10.66 Cr | 1.30% |
| Persistent Systems Ltd | Equity | ₹10.39 Cr | 1.27% |
| Mahindra & Mahindra Ltd | Equity | ₹10.25 Cr | 1.25% |
| Power Finance Corp Ltd | Equity | ₹10.24 Cr | 1.25% |
| Infosys Ltd | Equity | ₹9.95 Cr | 1.22% |
| Godrej Consumer Products Ltd | Equity | ₹9.84 Cr | 1.20% |
| GE T&D India Ltd | Equity | ₹9.83 Cr | 1.20% |
| Supreme Industries Ltd | Equity | ₹9.68 Cr | 1.18% |
| Kaynes Technology India Ltd | Equity | ₹9.63 Cr | 1.18% |
| Maruti Suzuki India Ltd | Equity | ₹9.59 Cr | 1.17% |
| Motherson Sumi Wiring India Ltd | Equity | ₹9.41 Cr | 1.15% |
| Net Receivable / Payable | Cash - Collateral | ₹-9.41 Cr | 1.15% |
| JSW Energy Ltd | Equity | ₹9.28 Cr | 1.14% |
| Kajaria Ceramics Ltd | Equity | ₹8.95 Cr | 1.09% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹8.87 Cr | 1.09% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹8.72 Cr | 1.07% |
| Zomato Ltd | Equity | ₹8.43 Cr | 1.03% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹8.26 Cr | 1.01% |
| HDFC Asset Management Co Ltd | Equity | ₹8.21 Cr | 1.01% |
| Larsen & Toubro Ltd | Equity | ₹8.11 Cr | 0.99% |
| Oil India Ltd | Equity | ₹8.04 Cr | 0.98% |
| Cera Sanitaryware Ltd | Equity | ₹7.96 Cr | 0.97% |
| TVS Motor Co Ltd | Equity | ₹7.79 Cr | 0.95% |
| KEI Industries Ltd | Equity | ₹7.51 Cr | 0.92% |
| Tech Mahindra Ltd | Equity | ₹7.08 Cr | 0.87% |
| Tata Consultancy Services Ltd | Equity | ₹6.78 Cr | 0.83% |
| Kesoram Industries Ltd | Equity | ₹6.66 Cr | 0.81% |
| JK Cement Ltd | Equity | ₹6.14 Cr | 0.75% |
| Bharat Heavy Electricals Ltd | Equity | ₹6.13 Cr | 0.75% |
| Power Grid Corp Of India Ltd | Equity | ₹5.92 Cr | 0.72% |
| Timken India Ltd | Equity | ₹5.56 Cr | 0.68% |
| KNR Constructions Ltd | Equity | ₹5.23 Cr | 0.64% |
| 3M India Ltd | Equity | ₹5.1 Cr | 0.62% |
| PB Fintech Ltd | Equity | ₹4.85 Cr | 0.59% |
| Solar Industries India Ltd | Equity | ₹4.74 Cr | 0.58% |
| LIC Housing Finance Ltd | Equity | ₹4.54 Cr | 0.56% |
| ABB India Ltd | Equity | ₹4.5 Cr | 0.55% |
| KPIT Technologies Ltd | Equity | ₹4.25 Cr | 0.52% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹0.34 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
41.08%
Mid Cap Stocks
45.18%
Small Cap Stocks
8.83%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹212.75 Cr | 26.03% |
| Consumer Cyclical | ₹147.09 Cr | 18.00% |
| Financial Services | ₹142.83 Cr | 17.48% |
| Communication Services | ₹79.75 Cr | 9.76% |
| Technology | ₹58.18 Cr | 7.12% |
| Real Estate | ₹40.32 Cr | 4.93% |
| Basic Materials | ₹40.12 Cr | 4.91% |
| Energy | ₹28.48 Cr | 3.48% |
| Consumer Defensive | ₹24.26 Cr | 2.97% |
| Utilities | ₹15.2 Cr | 1.86% |
| Healthcare | ₹8.87 Cr | 1.09% |
Risk & Performance Ratios
Standard Deviation
This fund
12.86%
Cat. avg.
13.15%
Lower the better
Sharpe Ratio
This fund
1.15
Cat. avg.
1.05
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.97
Higher the better
Fund Managers
HB
Hardick Bora
Since December 2019
Vinod Malviya
Since May 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF582M01GA0 | Expense Ratio | 0.85% | Exit Load | 1.00% | Fund Size | ₹817 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
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹817.18 Cr | 34.3% |
| Union Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹817.18 Cr | 32.4% |
| HSBC Large & Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹2768.75 Cr | 47.1% |
| HSBC Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹2768.75 Cr | 48.6% |
| Baroda BNP Paribas Large & Mid Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1297.51 Cr | 43.4% |
| Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1297.51 Cr | 45.3% |
| Tata Large & Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7967.53 Cr | 30.5% |
| Navi Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹311.66 Cr | 25.7% |
| Navi Large & Midcap Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹311.66 Cr | 28.1% |
| UTI Core Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3440.75 Cr | 48.9% |
About the AMC
Total AUM
₹18,538 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 | 0.8% | 0.0% | ₹51.11 Cr | - |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹731.13 Cr | - |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | - | 7.4% |
| Union Small Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹4580.54 Cr | 39.2% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹622.54 Cr | 26.0% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹236.66 Cr | 7.2% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹265.63 Cr | 40.9% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1007.08 Cr | 37.4% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1634.86 Cr | 20.3% |
| Union Equity Savings Fund Direct Growth Moderately High risk | 1.5% | 1.0% | ₹208.22 Cr | 13.5% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹204.40 Cr | 8.5% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹933.32 Cr | 32.7% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹112.38 Cr | 7.6% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1242.42 Cr | 31.9% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3242.37 Cr | 7.4% |
| Union Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1309.79 Cr | 45.3% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹140.06 Cr | 8.5% |
| Union Largecap Fund Direct Growth Very High Risk | 1.7% | 1.0% | ₹375.69 Cr | 28.4% |
| Union Retirement Fund Direct Growth Very High Risk | 1.1% | 0.0% | ₹138.33 Cr | 35.5% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹381.99 Cr | 7.4% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹274.74 Cr | 6.8% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹425.44 Cr | 26.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹181.97 Cr | 7.2% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹817.18 Cr | 34.3% |
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 25-Jul-2024, is ₹26.29.
What are the returns of Union Large & Midcap Fund Direct Growth?
The fund has generated 34.27% over the last 1 year and 20.25% 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 97.63% in equities, 0.04% in bonds, and 2.33% 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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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.