Union Midcap Fund Direct Growth

Equity
Mid Cap
Very High Risk
20.57%
3Y annualised
+0.51% 1D
1M
6M
1Y
3Y
All
NAV: 11 Oct 2024₹51.26
Min. SIP amount₹500
Rating2
Fund size₹1,435.76Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA44.2%20.6%43.1%
Category averageNA47.4%22.1%NA
Rank with in categoryNA3222NA
Understand terms

Holdings (75)

NameSectorInstrumentAssets
Consumer DiscretionaryEquity2.86%
ServicesEquity2.81%
FinancialEquity2.79%
TechnologyEquity2.72%
Capital GoodsEquity2.67%
CommunicationEquity2.50%
FinancialEquity2.49%
TechnologyEquity2.47%
AutomobileEquity2.35%
HealthcareEquity2.33%
See All

Pros and cons

Category: Equity Mid Cap

Pros

Lower expense ratio: 0.65%

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.65%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Hardick Bora
Mar 2020 - Present
View details

Education
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience
Prior to joining Union Mutual Fund, he has worked with Motilal Oswal Securities Ltd., Dolat Capital Markets Pvt Ltd. as Research Associate, Khandwala Securities Ltd. as Research Associate, Yen Management Consultants Pvt. Ltd. and 3 Global Services Pvt. Ltd.
Also manages these schemes

Gaurav Chopra
Jan 2023 - Present
View details

Education
Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)
Experience
Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Launch Date
30 Dec 2009
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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