Union Multicap Fund Direct Growth

Fund Overview

Fund Size

₹1,148 Cr

Expense Ratio

0.93%

ISIN

INF582M01IO7

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

19 Dec 2022

About this fund

Union Multicap Fund Direct Growth is a Multi-Cap mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 2 years, 8 months and 27 days, having been launched on 19-Dec-22.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹16.57, Assets Under Management (AUM) of 1147.68 Crores, and an expense ratio of 0.93%.

Union Multicap Fund Direct Growth has given a CAGR return of 20.30% since inception.
The fund's asset allocation comprises around 97.72% in equities, 0.06% in debts, and 2.20% in cash & cash equivalents.
You can start investing in Union Multicap 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

-1.07%

— (Cat Avg.)

Since Inception

+20.30%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2025

Equity	₹1,121.54 Cr	97.72%
Debt	₹0.74 Cr	0.06%
Others	₹25.26 Cr	2.20%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹57.69 Cr	5.03%
ICICI Bank Ltd	Equity	₹49.33 Cr	4.30%
Bharti Airtel Ltd	Equity	₹42.14 Cr	3.67%
Gabriel India Ltd	Equity	₹28.93 Cr	2.52%
Cummins India Ltd	Equity	₹27.38 Cr	2.39%
Treps	Cash - Repurchase Agreement	₹27.13 Cr	2.36%
Infosys Ltd	Equity	₹26.86 Cr	2.34%
Reliance Industries Ltd	Equity	₹25.35 Cr	2.21%
Larsen & Toubro Ltd	Equity	₹24.06 Cr	2.10%
Dixon Technologies (India) Ltd	Equity	₹22.93 Cr	2.00%
GE Vernova T&D India Ltd	Equity	₹22.82 Cr	1.99%
Bharat Electronics Ltd	Equity	₹20.82 Cr	1.81%
KEI Industries Ltd	Equity	₹20.73 Cr	1.81%
Mahindra & Mahindra Ltd	Equity	₹20.55 Cr	1.79%
InterGlobe Aviation Ltd	Equity	₹19.38 Cr	1.69%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹19.38 Cr	1.69%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹19.28 Cr	1.68%
State Bank of India	Equity	₹18.39 Cr	1.60%
Maruti Suzuki India Ltd	Equity	₹18.18 Cr	1.58%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹18.1 Cr	1.58%
Acutaas Chemicals Ltd	Equity	₹17.76 Cr	1.55%
SJS Enterprises Ltd	Equity	₹17.53 Cr	1.53%
Karur Vysya Bank Ltd	Equity	₹17.48 Cr	1.52%
CarTrade Tech Ltd	Equity	₹17.25 Cr	1.50%
KFin Technologies Ltd	Equity	₹16.51 Cr	1.44%
Krishna Institute of Medical Sciences Ltd	Equity	₹16.26 Cr	1.42%
Solar Industries India Ltd	Equity	₹15.89 Cr	1.38%
The Federal Bank Ltd	Equity	₹15.81 Cr	1.38%
Max Financial Services Ltd	Equity	₹15.7 Cr	1.37%
Kaynes Technology India Ltd	Equity	₹15.59 Cr	1.36%
JK Cement Ltd	Equity	₹15.39 Cr	1.34%
Techno Electric & Engineering Co Ltd	Equity	₹15.25 Cr	1.33%
Mphasis Ltd	Equity	₹14.49 Cr	1.26%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹14.32 Cr	1.25%
Affle 3i Ltd	Equity	₹14.15 Cr	1.23%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹13.91 Cr	1.21%
Data Patterns (India) Ltd	Equity	₹13.88 Cr	1.21%
Coforge Ltd	Equity	₹13.45 Cr	1.17%
Multi Commodity Exchange of India Ltd	Equity	₹12.92 Cr	1.13%
Bajaj Finance Ltd	Equity	₹12.4 Cr	1.08%
Balrampur Chini Mills Ltd	Equity	₹12.31 Cr	1.07%
TVS Motor Co Ltd	Equity	₹11.8 Cr	1.03%
Swiggy Ltd	Equity	₹11.77 Cr	1.03%
Blue Star Ltd	Equity	₹11.77 Cr	1.03%
DOMS Industries Ltd	Equity	₹11.61 Cr	1.01%
Navin Fluorine International Ltd	Equity	₹11.42 Cr	0.99%
PB Fintech Ltd	Equity	₹10.93 Cr	0.95%
Eureka Forbes Ltd	Equity	₹10.81 Cr	0.94%
Eternal Ltd	Equity	₹10.61 Cr	0.92%
Jubilant Foodworks Ltd	Equity	₹10.18 Cr	0.89%
ICICI Lombard General Insurance Co Ltd	Equity	₹10.13 Cr	0.88%
Timken India Ltd	Equity	₹9.68 Cr	0.84%
CG Power & Industrial Solutions Ltd	Equity	₹9.57 Cr	0.83%
Triveni Turbine Ltd	Equity	₹9.23 Cr	0.80%
Cholamandalam Investment and Finance Co Ltd	Equity	₹9.14 Cr	0.80%
Persistent Systems Ltd	Equity	₹9.07 Cr	0.79%
Phoenix Mills Ltd	Equity	₹8.79 Cr	0.77%
Awfis Space Solutions Ltd	Equity	₹8.75 Cr	0.76%
Inventurus Knowledge Solutions Ltd	Equity	₹8.71 Cr	0.76%
Suzlon Energy Ltd	Equity	₹8.64 Cr	0.75%
Chalet Hotels Ltd	Equity	₹8.44 Cr	0.74%
Indian Hotels Co Ltd	Equity	₹8.37 Cr	0.73%
Cohance Lifesciences Ltd	Equity	₹8.22 Cr	0.72%
K.P.R. Mill Ltd	Equity	₹8 Cr	0.70%
Craftsman Automation Ltd	Equity	₹7.92 Cr	0.69%
UltraTech Cement Ltd	Equity	₹7.47 Cr	0.65%
Gokaldas Exports Ltd	Equity	₹7.27 Cr	0.63%
Godrej Properties Ltd	Equity	₹7 Cr	0.61%
Sumitomo Chemical India Ltd Ordinary Shares	Equity	₹6.43 Cr	0.56%
Lupin Ltd	Equity	₹6.36 Cr	0.55%
Jio Financial Services Ltd	Equity	₹6.24 Cr	0.54%
Torrent Pharmaceuticals Ltd	Equity	₹6.19 Cr	0.54%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹5.7 Cr	0.50%
Jindal Steel Ltd	Equity	₹5.11 Cr	0.45%
Tata Steel Ltd	Equity	₹4.87 Cr	0.42%
Hindalco Industries Ltd	Equity	₹4.81 Cr	0.42%
Net Receivable / Payable	Cash - Collateral	₹-1.87 Cr	0.16%
364 DTB 04122025	Bond - Gov't/Treasury	₹0.74 Cr	0.06%
Tvs Motor Company Limited	Preferred Stock	₹0.14 Cr	0.01%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

UNRATED

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹274.23 Cr	23.89%
Financial Services	₹255.46 Cr	22.26%
Consumer Cyclical	₹225.81 Cr	19.68%
Technology	₹103.3 Cr	9.00%
Basic Materials	₹89.15 Cr	7.77%
Healthcare	₹63.84 Cr	5.56%
Communication Services	₹56.28 Cr	4.90%
Energy	₹25.35 Cr	2.21%
Real Estate	₹15.79 Cr	1.38%
Consumer Defensive	₹12.31 Cr	1.07%

Risk & Performance Ratios

Fund Managers

Harshad Patwardhan

Since November 2024

Sanjay Bembalkar

Since December 2022

Additional Scheme Detailsas of 31st August 2025

ISIN

INF582M01IO7

Expense Ratio

0.93%

Exit Load

1.00%

Fund Size

₹1,148 Cr

Age

2 years 8 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 Multicap 50:25:25 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:

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 Multi-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
TRUSTMF Multi Cap Fund Regular Growth Very High Risk	2.3%	1.0%	₹207.28 Cr	-
TRUSTMF Multi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹207.28 Cr	-
UTI Multi Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1390.21 Cr	-
UTI Multi Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹1390.21 Cr	-
Bajaj Finserv Multi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹877.24 Cr	-
Bajaj Finserv Multi Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹877.24 Cr	-
Groww Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹162.94 Cr	-
Groww Multicap Fund Regular Growth Very High Risk	2.3%	1.0%	₹162.94 Cr	-
Edelweiss Nifty500 Multicap Momentum Quality 50 ETF Very High Risk	0.3%	-	₹28.20 Cr	-
Samco Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹352.03 Cr	-
Samco Multi Cap Fund Regular Growth Very High Risk	2.4%	1.0%	₹352.03 Cr	-
PGIM India Multi Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹410.94 Cr	1.6%
PGIM India Multi Cap Fund Regular Growth Very High Risk	2.4%	0.0%	₹410.94 Cr	-0.1%
Mirae Asset Nifty500 Multicap 50:25:25 ETF Very High Risk	0.1%	-	₹46.45 Cr	-2.7%
Franklin India Multi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹5031.81 Cr	0.9%
Franklin India Multi Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹5031.81 Cr	-0.6%
Motilal Oswal Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4285.22 Cr	15.6%
Motilal Oswal Multi Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4285.22 Cr	14.0%
DSP Multicap Fund Regular Growth Low Risk	2.0%	1.0%	₹2430.28 Cr	-3.1%
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹2430.28 Cr	-1.6%
Edelweiss Multi Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹2908.62 Cr	-3.7%
Edelweiss Multi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹2908.62 Cr	-2.2%
Motilal Oswal Nifty 500 ETF Very High Risk	0.2%	-	₹151.33 Cr	-2.2%
Bank of India Multi Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹890.92 Cr	-3.3%
WhiteOak Capital Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2261.56 Cr	6.0%
WhiteOak Capital Multi Cap Fund Regular Growth Very High Risk	2.0%	1.0%	₹2261.56 Cr	4.4%
Sundaram Multi Cap - Series II Regular Growth Low Risk	1.4%	-	₹88.44 Cr	7.4%
ICICI Prudential S&P BSE 500 ETF FOF Regular Growth Very High Risk	0.9%	1.0%	₹57.18 Cr	-3.4%
Aditya Birla Sun Life Multi-Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹6409.56 Cr	-2.5%
Aditya Birla Sun Life Multi-Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6409.56 Cr	-1.5%
ICICI Pru Multicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹15281.49 Cr	-2.2%
Sundaram Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2842.03 Cr	0.4%
ITI Multi Cap Fund Direct Growth Very High Risk	0.7%	0.0%	₹1261.32 Cr	-4.2%
ITI Multi Cap Fund Regular Growth Very High Risk	2.0%	0.0%	₹1261.32 Cr	-5.7%
Nippon India Multi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹45881.41 Cr	0.9%
Invesco India Multicap Fund Direct Growth Very High Risk	0.7%	1.0%	₹4069.96 Cr	-4.0%
Nippon India ETF S&P BSE Sensex Next 50 Very High Risk	0.2%	-	₹56.53 Cr	-2.9%
Bandhan Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2690.20 Cr	-2.1%
Bandhan Multi Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹2690.20 Cr	-3.5%
Kotak Multicap Fund Direct Growth Very High Risk	0.4%	1.0%	₹19227.04 Cr	-1.9%
Kotak Multicap Fund Regular Growth Very High Risk	1.6%	1.0%	₹19227.04 Cr	-3.1%
Canara Robeco Multi Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹4552.72 Cr	-0.1%
Canara Robeco Multi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4552.72 Cr	1.3%
Union Multicap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1147.68 Cr	-2.4%
Union Multicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1147.68 Cr	-1.1%
Bank of India Multi Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹890.92 Cr	-3.3%
Bank of India Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹890.92 Cr	-2.1%
Baroda BNP Paribas Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2923.05 Cr	-1.5%
ICICI Prudential S&P BSE 500 ETF FOF Direct Growth Very High Risk	0.4%	1.0%	₹57.18 Cr	-3.0%
Quant Active Fund Direct Growth Very High Risk	0.6%	1.0%	₹9200.34 Cr	-12.9%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹21,581 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 Diversified Equity All Cap Active FOF Direct Growth Very High Risk	-	1.0%	-	-
Union Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹758.05 Cr	-
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹166.09 Cr	-
Union Gold ETF Fund of Fund Direct Growth High Risk	0.3%	1.0%	₹72.65 Cr	-
Union Short Duration Fund Direct Growth Low Risk	0.3%	0.0%	₹510.99 Cr	-
Union Active Momentum Fund Direct Growth Very High Risk	1.1%	1.0%	₹457.23 Cr	-
Union Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹766.45 Cr	11.2%
Union Business Cycle Fund Direct Growth Very High Risk	0.8%	1.0%	₹556.22 Cr	-3.0%
Union Children's Fund Direct Growth Very High Risk	1.3%	0.0%	₹73.34 Cr	1.5%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1031.97 Cr	3.7%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk	-	0.0%	₹25.17 Cr	7.3%
Union Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1657.79 Cr	-1.4%
Union Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹647.96 Cr	2.1%
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%	₹331.63 Cr	-0.6%
Union Multicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1147.68 Cr	-1.1%
Union Balanced Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1351.30 Cr	3.2%
Union Equity Savings Fund Direct Growth Moderate Risk	1.5%	1.0%	₹150.20 Cr	3.4%
Union Arbitrage Fund Direct Growth Low Risk	0.5%	0.0%	₹317.13 Cr	6.9%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.4%	0.0%	₹894.98 Cr	-0.3%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.3%	0.0%	₹106.16 Cr	5.0%
Union Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2321.17 Cr	0.2%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5783.65 Cr	7.0%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1508.16 Cr	0.9%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹141.01 Cr	4.0%
Union Largecap Fund Direct Growth Very High Risk	1.4%	1.0%	₹447.18 Cr	-1.2%
Union Retirement Fund Direct Growth Very High Risk	1.0%	0.0%	₹174.50 Cr	0.6%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹524.74 Cr	8.6%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹445.34 Cr	6.2%
Union Focused Fund Direct Growth Very High Risk	1.5%	1.0%	₹415.88 Cr	1.9%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹173.60 Cr	7.6%
Union Large & Midcap Fund Direct Growth Very High Risk	0.9%	1.0%	₹886.79 Cr	0.4%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Union Multicap Fund Direct Growth?

The NAV of Union Multicap Fund Direct Growth, as of 12-Sep-2025, is ₹16.57.

What is the portfolio composition of Union Multicap Fund Direct Growth?

The fund's allocation of assets is distributed as 97.72% in equities, 0.06% in bonds, and 2.20% in cash and cash equivalents.

Who manages the Union Multicap Fund Direct Growth?

The fund managers responsible for Union Multicap Fund Direct Growth are:-

Harshad Patwardhan
Sanjay Bembalkar

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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Fund Overview

Fund Size

₹1,148 Cr

Expense Ratio

0.93%

ISIN

INF582M01IO7

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

19 Dec 2022

Risk Level

Your principal amount will be at Very High Risk