| NAV: 05 Jul 2022 | ₹25.73 |
| Min. SIP amount | ₹1,000 |
| Rating | NA |
| Fund size | ₹428.25Cr |
Returns and rankings
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | -7.7% | -13.2% | 2.9% | 156.9% |
| Category average | NA | NA | 72.8% | NA |
| Rank with in category | 4 | 21 | 8 | NA |
Holdings (56)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Varun Beverages Ltd. | Consumer Staples | Equity | 3.4% |
| PI Industries Ltd. | Chemicals | Equity | 3.3% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 3.1% |
| CreditAccess Grameen Ltd. | Financial | Equity | 3.0% |
| Polycab India Ltd. | Capital Goods | Equity | 2.9% |
| Max Financial Services Ltd. | Financial | Equity | 2.9% |
| Phoenix Mills Ltd. | Construction | Equity | 2.9% |
| Laurus Labs Ltd. | Healthcare | Equity | 2.8% |
| Devyani International Ltd. | Services | Equity | 2.7% |
| Tube Investments Of India Ltd. | Automobile | Equity | 2.7% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.99%
Inclusive of GST
Exit load
1% exit load if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Vinay PahariaMar 2020 - PresentView details
Hardick BoraMar 2020 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Union Midcap Fund Direct Growth?
You can easily invest in Union Midcap Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Union Midcap Fund Direct Growth from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Union Midcap Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Union Midcap Fund Direct Growth provide?
The Union Midcap Fund Direct Growth has been there from 23 Mar 2020 and the average annual returns provided by this fund is 2.35% since its inception.
How much expense ratio is charged by Union Midcap Fund Direct Growth?
The term
Expense Ratio used for Union Midcap Fund Direct Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Union Midcap Fund Direct Growth is 0.99% as of 06 Jul 2022...
What is the AUM of Union Midcap Fund Direct Growth?
The AUM, short for Assets Under Management of Union Midcap Fund Direct Growth is ₹428.25Cr as of 06 Jul 2022.
How to Redeem Union Midcap Fund Direct Growth?
If you want to sell your Union Midcap Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Union Midcap Fund Direct Growth?
What is the NAV of Union Midcap Fund Direct Growth?
The NAV of Union Midcap Fund Direct Growth is ₹25.73 as of 05 Jul 2022.
