Fund Overview
Fund Size
₹1,347 Cr
Expense Ratio
0.70%
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 5 years, 2 months and 20 days, having been launched on 30-Mar-20.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹50.35, Assets Under Management (AUM) of 1346.58 Crores, and an expense ratio of 0.7%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹50.35, Assets Under Management (AUM) of 1346.58 Crores, and an expense ratio of 0.7%.
- Union Midcap Fund Direct Growth has given a CAGR return of 35.31% 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 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
+4.29%
+4.28% (Cat Avg.)
3 Years
+26.90%
+28.41% (Cat Avg.)
5 Years
+31.24%
+30.10% (Cat Avg.)
Since Inception
+35.31%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2025
| Equity | ₹1,308.63 Cr | 97.18% |
| Others | ₹37.96 Cr | 2.82% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| The Federal Bank Ltd | Equity | ₹52.76 Cr | 3.92% |
| Max Financial Services Ltd | Equity | ₹38.02 Cr | 2.82% |
| Treps | Cash - Repurchase Agreement | ₹36.07 Cr | 2.68% |
| Dixon Technologies (India) Ltd | Equity | ₹34.52 Cr | 2.56% |
| Coforge Ltd | Equity | ₹31.51 Cr | 2.34% |
| Coromandel International Ltd | Equity | ₹30.96 Cr | 2.30% |
| Indian Hotels Co Ltd | Equity | ₹30.85 Cr | 2.29% |
| Suzlon Energy Ltd | Equity | ₹29.11 Cr | 2.16% |
| JK Cement Ltd | Equity | ₹28.22 Cr | 2.10% |
| Voltas Ltd | Equity | ₹27.49 Cr | 2.04% |
| Bharti Hexacom Ltd | Equity | ₹27.22 Cr | 2.02% |
| Fortis Healthcare Ltd | Equity | ₹27.08 Cr | 2.01% |
| Indian Bank | Equity | ₹26.52 Cr | 1.97% |
| BSE Ltd | Equity | ₹26.3 Cr | 1.95% |
| Phoenix Mills Ltd | Equity | ₹25.86 Cr | 1.92% |
| Persistent Systems Ltd | Equity | ₹25.35 Cr | 1.88% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹25.27 Cr | 1.88% |
| Lupin Ltd | Equity | ₹24.37 Cr | 1.81% |
| Jindal Steel & Power Ltd | Equity | ₹24.35 Cr | 1.81% |
| Ipca Laboratories Ltd | Equity | ₹24 Cr | 1.78% |
| Mphasis Ltd | Equity | ₹23.89 Cr | 1.77% |
| UNO Minda Ltd | Equity | ₹23.21 Cr | 1.72% |
| Solar Industries India Ltd | Equity | ₹22.02 Cr | 1.64% |
| Ceat Ltd | Equity | ₹21.86 Cr | 1.62% |
| Hindustan Petroleum Corp Ltd | Equity | ₹21.47 Cr | 1.59% |
| Info Edge (India) Ltd | Equity | ₹21.43 Cr | 1.59% |
| CG Power & Industrial Solutions Ltd | Equity | ₹21.01 Cr | 1.56% |
| APL Apollo Tubes Ltd | Equity | ₹20.91 Cr | 1.55% |
| Shriram Finance Ltd | Equity | ₹20.77 Cr | 1.54% |
| Marico Ltd | Equity | ₹20.47 Cr | 1.52% |
| GE Vernova T&D India Ltd | Equity | ₹20.41 Cr | 1.52% |
| Bharat Electronics Ltd | Equity | ₹20.38 Cr | 1.51% |
| InterGlobe Aviation Ltd | Equity | ₹19.97 Cr | 1.48% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹19.38 Cr | 1.44% |
| PB Fintech Ltd | Equity | ₹18.48 Cr | 1.37% |
| Abbott India Ltd | Equity | ₹18.15 Cr | 1.35% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹18.1 Cr | 1.34% |
| JSW Energy Ltd | Equity | ₹17.69 Cr | 1.31% |
| Aurobindo Pharma Ltd | Equity | ₹17.3 Cr | 1.28% |
| TVS Motor Co Ltd | Equity | ₹17.23 Cr | 1.28% |
| SRF Ltd | Equity | ₹16.32 Cr | 1.21% |
| Emami Ltd | Equity | ₹16.11 Cr | 1.20% |
| Gokaldas Exports Ltd | Equity | ₹15.96 Cr | 1.19% |
| Supreme Industries Ltd | Equity | ₹15.75 Cr | 1.17% |
| Navin Fluorine International Ltd | Equity | ₹14.85 Cr | 1.10% |
| Jubilant Foodworks Ltd | Equity | ₹14.18 Cr | 1.05% |
| Jio Financial Services Ltd | Equity | ₹13.71 Cr | 1.02% |
| Vishal Mega Mart Ltd | Equity | ₹13.38 Cr | 0.99% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹12.98 Cr | 0.96% |
| JSW Infrastructure Ltd | Equity | ₹12.94 Cr | 0.96% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹12.48 Cr | 0.93% |
| Endurance Technologies Ltd | Equity | ₹12.26 Cr | 0.91% |
| Multi Commodity Exchange of India Ltd | Equity | ₹11.44 Cr | 0.85% |
| Greenply Industries Ltd | Equity | ₹10.69 Cr | 0.79% |
| Cummins India Ltd | Equity | ₹10.55 Cr | 0.78% |
| Awfis Space Solutions Ltd | Equity | ₹10.52 Cr | 0.78% |
| Campus Activewear Ltd | Equity | ₹10.33 Cr | 0.77% |
| Suven Pharmaceuticals Ltd | Equity | ₹10.32 Cr | 0.77% |
| L&T Technology Services Ltd | Equity | ₹9.86 Cr | 0.73% |
| Schaeffler India Ltd | Equity | ₹9.84 Cr | 0.73% |
| Aadhar Housing Finance Ltd | Equity | ₹9.73 Cr | 0.72% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹9.71 Cr | 0.72% |
| JK Lakshmi Cement Ltd | Equity | ₹9.55 Cr | 0.71% |
| KEC International Ltd | Equity | ₹8.61 Cr | 0.64% |
| AU Small Finance Bank Ltd | Equity | ₹8.4 Cr | 0.62% |
| Quess Corp Ltd | Equity | ₹8.34 Cr | 0.62% |
| Inventurus Knowledge Solutions Ltd | Equity | ₹7.66 Cr | 0.57% |
| Trent Ltd | Equity | ₹7.1 Cr | 0.53% |
| Power Finance Corp Ltd | Equity | ₹6.92 Cr | 0.51% |
| PI Industries Ltd | Equity | ₹6.17 Cr | 0.46% |
| Bluspring Enterpri | Equity | ₹4.42 Cr | 0.33% |
| Digitide Solutions | Equity | ₹3.67 Cr | 0.27% |
| Net Receivable / Payable | Cash - Collateral | ₹1.39 Cr | 0.10% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹0.5 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
13.85%
Mid Cap Stocks
68.19%
Small Cap Stocks
14.54%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹268.21 Cr | 19.92% |
| Consumer Cyclical | ₹241.17 Cr | 17.91% |
| Industrials | ₹193.92 Cr | 14.40% |
| Basic Materials | ₹167.71 Cr | 12.45% |
| Healthcare | ₹154.14 Cr | 11.45% |
| Technology | ₹125.14 Cr | 9.29% |
| Communication Services | ₹48.65 Cr | 3.61% |
| Consumer Defensive | ₹36.58 Cr | 2.72% |
| Real Estate | ₹25.86 Cr | 1.92% |
| Energy | ₹21.47 Cr | 1.59% |
| Utilities | ₹17.69 Cr | 1.31% |
Risk & Performance Ratios
Standard Deviation
This fund
16.75%
Cat. avg.
16.64%
Lower the better
Sharpe Ratio
This fund
0.92
Cat. avg.
1.01
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.72
Higher the better
Fund Managers
PD
Pratik Dharmshi
Since December 2024
Gaurav Chopra
Since January 2023
Additional Scheme Detailsas of 30th April 2025
ISIN | INF582M01GI3 | Expense Ratio | 0.70% | Exit Load | 1.00% | Fund Size | ₹1,347 Cr | Age | 5 years 2 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:
- 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 Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹1.66 Cr | - |
| Helios Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹97.67 Cr | - |
| Helios Mid Cap Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹97.67 Cr | - |
| ICICI Prudential Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹465.60 Cr | 3.0% |
| ICICI Prudential Midcap Select ETF Very High Risk | 0.1% | - | ₹87.19 Cr | 1.3% |
| Zerodha Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹81.69 Cr | 3.6% |
| LIC MF Nifty Midcap 100 ETF Very High Risk | 0.2% | - | ₹712.43 Cr | 4.9% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹88.82 Cr | 3.0% |
| UTI Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹9.80 Cr | 3.0% |
| Invesco India Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹6641.11 Cr | 13.6% |
About the AMC
Total AUM
₹18,826 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 | 1.3% | 0.0% | ₹68.72 Cr | 7.6% |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹883.96 Cr | 8.0% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | ₹25.17 Cr | 8.1% |
| Union Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1468.36 Cr | 2.9% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹651.94 Cr | 7.3% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.25 Cr | 8.2% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹302.40 Cr | 3.6% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1065.00 Cr | 3.7% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1383.05 Cr | 5.1% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.5% | 1.0% | ₹137.17 Cr | 5.2% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹301.73 Cr | 7.4% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.4% | 0.0% | ₹904.12 Cr | 4.4% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.3% | 0.0% | ₹109.21 Cr | 8.6% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹2262.92 Cr | 4.8% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5103.13 Cr | 7.3% |
| Union Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1346.58 Cr | 4.3% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹133.97 Cr | 7.9% |
| Union Largecap Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹442.16 Cr | 0.9% |
| Union Retirement Fund Direct Growth Very High Risk | 1.0% | 0.0% | ₹160.70 Cr | 5.2% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹336.63 Cr | 10.1% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹316.87 Cr | 6.4% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹400.19 Cr | 1.7% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹187.18 Cr | 7.9% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹823.92 Cr | 2.7% |
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 18-Jun-2025, is ₹50.35.
What are the returns of Union Midcap Fund Direct Growth?
The fund has generated 4.29% over the last 1 year and 26.90% 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 97.18% in equities, 0.00% in bonds, and 2.82% in cash and cash equivalents.
Who manages the Union Midcap Fund Direct Growth?
The fund managers responsible for Union Midcap Fund Direct Growth are:-
- Pratik Dharmshi
- 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 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.