Union Flexi Cap Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The Union Flexi Cap Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.24% since inception. Union Flexi Cap Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.18% 15.78% 14.89% 14.97% 13.24%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹55.82-1.19% 1 day change	13.24% p.a.	App exclusive #NA View Ranked Funds	₹2,402 Cr

Historical NAV & returns

NAV: ₹55.82 as on Feb 02, 2026

This fund Category average

Union Flexi Cap Fund overview

Expense ratio	0.95% as on Feb 02, 2026
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
AUM (Fund size)	₹2,402 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	BSE 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Union Flexi Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-5.1%	-7.1%
3 Months	-4.65%	-7.08%
6 Months	-0.89%	-4.04%
1 Year	7.18%	2.91%
2 Years	7.27%	7.38%
3 Years	15.78%	15.65%
4 Years	11.6%	11.17%
5 Years	14.89%	13.78%
7 Years	16.44%	14.31%
10 Years	14.97%	13.95%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 63.27%

Mid Cap 20.28%

Small Cap 13.48%

Other Cap 0%

Top holdings

HDFC Bank Ltd.7.02%

Reliance Industries Ltd.4.45%

Bharti Airtel Ltd.4.21%

ICICI Bank Ltd.3.97%

Top sectors

Financial 30.709999999999997%

Automobile 8.350000000000001%

Services 8.070000000000002%

Capital Goods 7.66%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.05%

Allocation by Instruments

Repo 3.25%

Treasury Bills 0.05%

Other Holdings

Others 3.25%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Flexi Cap Fund	-5.1%	-0.89%	7.18%	15.78%	14.89%	14.97%
HDFC Flexi Cap Fund	-3.14%	3.58%	12.52%	21.97%	21.54%	18.87%
Parag Parikh Flexi Cap Fund	-2.29%	1.6%	6.59%	20.22%	19.06%	18.93%
JM Flexicap Fund	-5.61%	-3.69%	-3.21%	20.6%	18.26%	18.38%
Edelweiss Flexi Cap Fund	-4.39%	3.25%	10.4%	20.09%	17.7%	17.38%
Franklin India Flexi Cap Fund	-4.59%	-0.76%	5.95%	18.48%	16.72%	15.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Flexi Cap Fund	12.24	0.91	0.83	1.08
HDFC Flexi Cap Fund	10.29	0.78	1.44	2.41
Parag Parikh Flexi Cap Fund	8.29	0.59	1.68	2.59
JM Flexicap Fund	14.8	1.03	0.97	1.35
Edelweiss Flexi Cap Fund	13.05	0.99	1.09	1.44
Franklin India Flexi Cap Fund	12.12	0.92	1.01	1.48

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Flexi Cap Fund	N.A.	2,402 Cr	13 yrs 1 m	0.95%
HDFC Flexi Cap Fund	N.A.	96,295 Cr	13 yrs 1 m	0.67%
Parag Parikh Flexi Cap Fund	N.A.	1,33,309 Cr	12 yrs 8 m	0.63%
JM Flexicap Fund	N.A.	5,463 Cr	13 yrs 1 m	0.62%
Edelweiss Flexi Cap Fund	N.A.	3,127 Cr	11 yrs	0.43%
Franklin India Flexi Cap Fund	N.A.	19,972 Cr	13 yrs 1 m	0.92%

View all Flexi Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.11 vs. 5.35 Underperformed at beating benchmark
Sharpe	0.83 vs. 4.43 Poor risk-adjusted returns
Beta	0.91 vs. 0.76 More sensitive to market's ups & downs
Standard deviation	12.24 vs. 9.47 More volatile performance

About this fund

About Union Flexi Cap Fund

Union Flexi Cap Fund Direct-Growth is a Flexi Cap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. Union Flexi Cap Fund Direct-Growth has ₹2,402 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Flexi Cap Fund Direct-Growth as of 02/02/2026 is ₹55.82. The fund has an expense ratio of 0.95%, which is higher than what most other Flexi Cap funds charge.

Union Flexi Cap Fund Direct-Growth returns of last 1-year are 6.63%. Since launch, it has delivered 13.24% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Union Flexi Cap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Automobile, Services, Capital Goods, Technology sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., ICICI Bank Ltd., Larsen & Toubro Ltd..

...

Fund AUM	2,402 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Sanjay Bembalkar

Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder. Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP

Vinod Malviya

Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared) Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.

Investment objective

The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation.

Union Mutual Fund details

No. of schemes	29 view all schemes
Total AUM	25,989 Cr as on Dec 31, 2025
Address	Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai, 400059
Email	investorcare@unionmf.com
Phone	(022) 6748 3300

More funds from Union Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Union Midcap Fund	N.A.	1,634 Cr	11.31%	20.86%
Union Small Cap Fund	N.A.	1,744 Cr	5.69%	20.59%
Union Value Fund	N.A.	371 Cr	10.84%	16.79%
Union Large & Midcap Fund	N.A.	943 Cr	8.21%	15.67%
Union ELSS Tax Saver Fund	N.A.	904 Cr	7.9%	15.11%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Union Flexi Cap Fund Direct-Growth?

The current Net Asset Value (NAV) of the Union Flexi Cap Fund - Direct Growth plan is approximately ₹55.82 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Union Flexi Cap Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.24% since inception.

Union Flexi Cap Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.18%	15.78%	14.89%	14.97%	13.24%

How much does this mutual fund charge as expense ratio?

The Union Flexi Cap Fund - Direct Growth has an expense ratio of 0.95%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Union Flexi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 2,402 Cr as on Dec 31, 2025.

What are the top stock holdings of Union Flexi Cap Fund?

The Union Flexi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	7.02%
Reliance Industries Ltd.	4.45%
Bharti Airtel Ltd.	4.21%
ICICI Bank Ltd.	3.97%
Larsen & Toubro Ltd.	3.54%
Maruti Suzuki India Ltd.	3.52%
State Bank of India	3.03%
Infosys Ltd.	2.88%
Bajaj Finance Ltd.	2.3%
Shriram Finance Ltd	2.28%

What are the top sectors Union Flexi Cap Fund has invested in?

The Union Flexi Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	30.709999999999997%
Automobile	8.350000000000001%
Services	8.070000000000002%
Capital Goods	7.66%
Technology	7.37%
Energy	6.1000000000000005%
Construction	5.83%
Consumer Staples	4.8%
Healthcare	4.5%
Communication	4.21%

What is risk level of Union Flexi Cap Fund?

This is a Flexi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Union Flexi Cap Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Union Flexi Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Union Flexi Cap Fund is complete.

How can I redeem my investments in Union Flexi Cap Fund?

Redeeming your investments in the Union Flexi Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Flexi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Flexi Cap funds in the last 10 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 15 days.