Fund Overview
Fund Size
₹1,007 Cr
Expense Ratio
0.87%
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 1 years, 7 months and 7 days, having been launched on 19-Dec-22.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹15.71, Assets Under Management (AUM) of 1007.08 Crores, and an expense ratio of 0.87%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹15.71, Assets Under Management (AUM) of 1007.08 Crores, and an expense ratio of 0.87%.
- Union Multicap Fund Direct Growth has given a CAGR return of 32.65% since inception.
- The fund's asset allocation comprises around 95.22% in equities, 0.06% in debts, and 4.72% 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
+37.45%
+44.79% (Cat Avg.)
Since Inception
+32.65%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹958.9 Cr | 95.22% |
| Debt | ₹0.59 Cr | 0.06% |
| Others | ₹47.58 Cr | 4.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹43.5 Cr | 4.32% |
| HDFC Bank Ltd | Equity | ₹39.6 Cr | 3.93% |
| ICICI Bank Ltd | Equity | ₹32.04 Cr | 3.18% |
| Reliance Industries Ltd | Equity | ₹28.8 Cr | 2.86% |
| Cummins India Ltd | Equity | ₹26.97 Cr | 2.68% |
| Bharti Airtel Ltd | Equity | ₹19.87 Cr | 1.97% |
| Bharti Hexacom Ltd | Equity | ₹16.67 Cr | 1.65% |
| Dixon Technologies (India) Ltd | Equity | ₹15.44 Cr | 1.53% |
| State Bank of India | Equity | ₹15.11 Cr | 1.50% |
| KEI Industries Ltd | Equity | ₹15.03 Cr | 1.49% |
| DOMS Industries Ltd | Equity | ₹14.93 Cr | 1.48% |
| GE T&D India Ltd | Equity | ₹14.77 Cr | 1.47% |
| Infosys Ltd | Equity | ₹14.73 Cr | 1.46% |
| Shriram Finance Ltd | Equity | ₹14.53 Cr | 1.44% |
| Brigade Enterprises Ltd | Equity | ₹14.29 Cr | 1.42% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹14.21 Cr | 1.41% |
| Balkrishna Industries Ltd | Equity | ₹14.21 Cr | 1.41% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹14.2 Cr | 1.41% |
| Kalyan Jewellers India Ltd | Equity | ₹13.68 Cr | 1.36% |
| Voltas Ltd | Equity | ₹13.54 Cr | 1.34% |
| Axis Bank Ltd | Equity | ₹12.91 Cr | 1.28% |
| Godrej Properties Ltd | Equity | ₹12.83 Cr | 1.27% |
| Power Grid Corp Of India Ltd | Equity | ₹12.58 Cr | 1.25% |
| Info Edge (India) Ltd | Equity | ₹12.51 Cr | 1.24% |
| Prestige Estates Projects Ltd | Equity | ₹12.49 Cr | 1.24% |
| Hero MotoCorp Ltd | Equity | ₹12.28 Cr | 1.22% |
| Blue Star Ltd | Equity | ₹12.22 Cr | 1.21% |
| Muthoot Finance Ltd | Equity | ₹12.21 Cr | 1.21% |
| Glenmark Life Sciences Ltd | Equity | ₹12.17 Cr | 1.21% |
| Kirloskar Oil Engines Ltd | Equity | ₹12.12 Cr | 1.20% |
| Kesoram Industries Ltd | Equity | ₹12.1 Cr | 1.20% |
| Jindal Steel & Power Ltd | Equity | ₹11.91 Cr | 1.18% |
| Central Depository Services (India) Ltd | Equity | ₹11.7 Cr | 1.16% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹11.53 Cr | 1.14% |
| Bharat Electronics Ltd | Equity | ₹11.44 Cr | 1.14% |
| TVS Motor Co Ltd | Equity | ₹11.35 Cr | 1.13% |
| Greenply Industries Ltd | Equity | ₹11.29 Cr | 1.12% |
| Zomato Ltd | Equity | ₹11.09 Cr | 1.10% |
| JSW Energy Ltd | Equity | ₹10.98 Cr | 1.09% |
| Container Corporation of India Ltd | Equity | ₹10.74 Cr | 1.07% |
| SJS Enterprises Ltd | Equity | ₹10.62 Cr | 1.05% |
| ITC Ltd | Equity | ₹10.62 Cr | 1.05% |
| V-Mart Retail Ltd | Equity | ₹10.4 Cr | 1.03% |
| LTIMindtree Ltd | Equity | ₹10.23 Cr | 1.02% |
| NTPC Ltd | Equity | ₹10.22 Cr | 1.01% |
| Oil India Ltd | Equity | ₹10.2 Cr | 1.01% |
| Electronics Mart India Ltd | Equity | ₹10.18 Cr | 1.01% |
| Escorts Kubota Ltd | Equity | ₹10.12 Cr | 1.00% |
| Tech Mahindra Ltd | Equity | ₹10.05 Cr | 1.00% |
| Gokaldas Exports Ltd | Equity | ₹10 Cr | 0.99% |
| ITD Cementation India Ltd | Equity | ₹9.99 Cr | 0.99% |
| Larsen & Toubro Ltd | Equity | ₹9.79 Cr | 0.97% |
| Maruti Suzuki India Ltd | Equity | ₹9.75 Cr | 0.97% |
| 3M India Ltd | Equity | ₹9.57 Cr | 0.95% |
| Supreme Industries Ltd | Equity | ₹9.53 Cr | 0.95% |
| Sona BLW Precision Forgings Ltd | Equity | ₹9.44 Cr | 0.94% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹9.37 Cr | 0.93% |
| KFin Technologies Ltd | Equity | ₹9.3 Cr | 0.92% |
| Gabriel India Ltd | Equity | ₹9.13 Cr | 0.91% |
| Karur Vysya Bank Ltd | Equity | ₹9.11 Cr | 0.90% |
| InterGlobe Aviation Ltd | Equity | ₹8.77 Cr | 0.87% |
| Tata Steel Ltd | Equity | ₹8.7 Cr | 0.86% |
| Persistent Systems Ltd | Equity | ₹8.48 Cr | 0.84% |
| Quess Corp Ltd | Equity | ₹8.33 Cr | 0.83% |
| Jio Financial Services Ltd | Equity | ₹8.27 Cr | 0.82% |
| Aarti Industries Ltd | Equity | ₹8.03 Cr | 0.80% |
| Alembic Pharmaceuticals Ltd | Equity | ₹7.63 Cr | 0.76% |
| Varun Beverages Ltd | Equity | ₹7.5 Cr | 0.74% |
| Home First Finance Co India Ltd --- | Equity | ₹7.25 Cr | 0.72% |
| Eureka Forbes Ltd | Equity | ₹7.22 Cr | 0.72% |
| Solar Industries India Ltd | Equity | ₹7.22 Cr | 0.72% |
| Cera Sanitaryware Ltd | Equity | ₹6.95 Cr | 0.69% |
| KSB Ltd | Equity | ₹6.86 Cr | 0.68% |
| Timken India Ltd | Equity | ₹6.84 Cr | 0.68% |
| Sanofi India Ltd | Equity | ₹6.46 Cr | 0.64% |
| REC Ltd | Equity | ₹6.41 Cr | 0.64% |
| National Aluminium Co Ltd | Equity | ₹6.17 Cr | 0.61% |
| HCL Technologies Ltd | Equity | ₹5.98 Cr | 0.59% |
| Godrej Consumer Products Ltd | Equity | ₹5.5 Cr | 0.55% |
| CarTrade Tech Ltd | Equity | ₹5.49 Cr | 0.55% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹4.95 Cr | 0.49% |
| Power Finance Corp Ltd | Equity | ₹4.85 Cr | 0.48% |
| Vinati Organics Ltd | Equity | ₹4.74 Cr | 0.47% |
| Sonata Software Ltd | Equity | ₹4.53 Cr | 0.45% |
| Net Receivable / Payable | Cash - Collateral | ₹4.09 Cr | 0.41% |
| Sanofi Consumer He | Equity | ₹3.86 Cr | 0.38% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹3.22 Cr | 0.32% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹0.59 Cr | 0.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
38.06%
Mid Cap Stocks
26.50%
Small Cap Stocks
28.61%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹242.08 Cr | 24.04% |
| Financial Services | ₹188.75 Cr | 18.74% |
| Consumer Cyclical | ₹144.84 Cr | 14.38% |
| Technology | ₹92.95 Cr | 9.23% |
| Basic Materials | ₹70.16 Cr | 6.97% |
| Communication Services | ₹49.05 Cr | 4.87% |
| Real Estate | ₹39.62 Cr | 3.93% |
| Energy | ₹39 Cr | 3.87% |
| Utilities | ₹33.77 Cr | 3.35% |
| Healthcare | ₹31.21 Cr | 3.10% |
| Consumer Defensive | ₹23.62 Cr | 2.35% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
13.38%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.13
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.14
Higher the better
Fund Managers
HB
Hardick Bora
Since January 2023
SB
Sanjay Bembalkar
Since December 2022
Additional Scheme Detailsas of 30th June 2024
ISIN | INF582M01IO7 | Expense Ratio | 0.87% | Exit Load | 1.00% | Fund Size | ₹1,007 Cr | Age | 19 Dec 2022 | 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
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 Multi-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Groww Multi Cap Fund Direct Growth Moderately High risk | - | 0.0% | - | - |
| Groww Multi Cap Fund Regular Growth Moderately High risk | - | 0.0% | - | - |
| HSBC Multi Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3560.58 Cr | 58.7% |
| HSBC Multi Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3560.58 Cr | 56.6% |
| Tata Multicap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3160.02 Cr | 31.0% |
| Tata Multicap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3160.02 Cr | 28.9% |
| HDFC S&P BSE 500 ETF Very High Risk | 0.3% | - | ₹7.56 Cr | 36.2% |
| LIC MF Multi Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1185.49 Cr | 51.1% |
| LIC MF Multi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1185.49 Cr | 48.6% |
| SBI Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹17007.26 Cr | 36.8% |
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 Multicap Fund Direct Growth?
The NAV of Union Multicap Fund Direct Growth, as of 25-Jul-2024, is ₹15.71.
What is the portfolio composition of Union Multicap Fund Direct Growth?
The fund's allocation of assets is distributed as 95.22% in equities, 0.06% in bonds, and 4.72% in cash and cash equivalents.
Who manages the Union Multicap Fund Direct Growth?
The fund managers responsible for Union Multicap Fund Direct Growth are:-
- Hardick Bora
- 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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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.