Union Large & Midcap Fund Direct - Growth

Q: What are the returns of Union Large & Midcap Fund?

The Union Large & Midcap Fund is a 5 yrs 5 m old fund and has delivered average annual returns of 19.07% since inception. Union Large & Midcap Fund Returns 1-Year 3-Year 5-Year Since Inception 8.38% 16.0% 25.6% 19.07%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹25.6+0.39% 1 day change	19.07% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹25.6 as on Apr 23, 2025

This fund Category average

Union Large & Midcap Fund overview

VRO rating	2
Expense ratio	0.95% as on Mar 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
AUM (Fund size)	₹807 Crs
Lock-in	No Lockin
Age	5 yrs 5 m since Nov 15, 2019
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP ₹1000 & Lump. ₹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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Union Large & Midcap 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 Apr 11, 2025

Period	This fund	Category average
1 month	2.03%	3.15%
3 months	2.6%	3.56%
6 months	-3.98%	-2.64%
1 year	8.38%	11.18%
3 years	16.0%	19.23%
5 years	25.6%	27.74%

Asset allocationas on Mar 31, 2025

Large Cap 49.247088000000005%

Mid Cap 39.016732000000005%

Small Cap 9.906362%

Other Cap 0.009817999999991072%

Top holdings

HDFC Bank Ltd.6.86%

ICICI Bank Ltd.5.0%

Reliance Industries Ltd.2.6%

Bharti Airtel Ltd.2.58%

Top sectors

Financial 26.43%

Services 13.02%

Capital Goods 11.41%

Healthcare 7.67%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.04%

Allocation by Instruments

Repo 2.32%

Treasury Bills 0.04%

Other Holdings

Others 2.32%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Union Large & Midcap Fund	N.A.	₹807 Crs	5 yrs 5 m	0.95%
ICICI Prudential Large & Mid Cap Fund	N.A.	₹19,353 Crs	12 yrs 3 m	0.88%
Kotak Equity Opportunities Fund	N.A.	₹24,913 Crs	12 yrs 3 m	0.61%
Quant Large and Mid Cap Fund	N.A.	₹3,519 Crs	12 yrs 3 m	0.66%
HDFC Large and Mid Cap Fund	N.A.	₹23,380 Crs	12 yrs 3 m	1.02%
Motilal Oswal Large and Midcap Fund	N.A.	₹8,713 Crs	5 yrs 6 m	0.54%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Large & Midcap Fund	2.03%	-3.98%	8.38%	16.0%	25.6%	N.A.
ICICI Prudential Large & Mid Cap Fund	3.66%	1.53%	14.57%	22.99%	32.15%	16.16%
Kotak Equity Opportunities Fund	2.76%	-3.45%	9.14%	19.97%	27.45%	16.47%
Quant Large and Mid Cap Fund	3.85%	-5.95%	-1.5%	20.01%	28.85%	17.24%
HDFC Large and Mid Cap Fund	3.44%	-2.36%	9.8%	21.62%	30.96%	14.39%
Motilal Oswal Large and Midcap Fund	3.79%	-6.36%	15.16%	26.94%	32.13%	12.53%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Large & Midcap Fund	14.61	0.92	0.61	0.87
ICICI Prudential Large & Mid Cap Fund	12.77	0.84	1.1	1.86
Kotak Equity Opportunities Fund	14.42	0.94	0.8	1.25
Quant Large and Mid Cap Fund	17.38	1.1	0.68	1.12
HDFC Large and Mid Cap Fund	15.22	1.01	0.86	1.38
Motilal Oswal Large and Midcap Fund	18.71	1.09	0.95	1.1

View all Large & Midcap funds

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

Alpha	1.86 vs. 5.49 Underperformed at beating benchmark
Sharpe	0.61 vs. 5.7 Poor risk-adjusted returns
Beta	0.92 vs. 0.92 Less sensitive to market ups & downs
Standard deviation	14.61 vs. 12.74 More volatile performance

Compare Union Large & Midcap Fund in detail with

About this fund

About Union Large & Midcap Fund

Union Large & Midcap Fund Direct - Growth is a Large & MidCap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 5 yrs 5 m, having been launched on 15/11/2019. Union Large & Midcap Fund Direct - Growth has ₹807 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Large & Midcap Fund Direct - Growth as of 23/04/2025 is ₹25.60. The fund has an expense ratio of 0.95%, which is higher than what most other Large & Midcap funds charge.

Union Large & Midcap Fund Direct - Growth returns of last 1-year are 8.84%. Since launch, it has delivered 19.08% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Union Large & Midcap 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 below average.
The fund has the majority of its money invested in Financial, Services, Capital Goods, Healthcare, Automobile sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Larsen & Toubro Ltd..

...

Fund AUM	₹807 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Pratik Dharmshi

Mr. Dharmshi has done B. Com & CA Prior to joining Union AMC, he was associated with UTI Pension Fund Limited, Safe Enterprises, Girik Capital, Edelweiss AMC, JP Morgan India Pvt. Ltd., CRISIL Ltd. & Morgan Stanley Advantage Services Pvt. Ltd.

Investment objective

The scheme seeks to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies.

Union Mutual Fund details

No. of schemes	26 view all schemes
Total AUM	₹19,972 Crs as on Mar 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 (in Crs.)	1Y	5Y
Union Midcap Fund	N.A.	₹1,313 Crs	11.02%	32.78%
Union Small Cap Fund	N.A.	₹1,444 Crs	4.99%	32.27%
Union Value Fund	N.A.	₹292 Crs	8.9%	26.67%
Union Flexi Cap Fund	N.A.	₹2,159 Crs	7.55%	25.24%
Union ELSS Tax Saver Fund	N.A.	₹860 Crs	6.83%	25.07%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Union Large & Midcap Fund?

The current Net Asset Value (NAV) of the Union Large & Midcap Fund - Direct Growth plan is approximately ₹25.6 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Union Large & Midcap Fund is a 5 yrs 5 m old fund and has delivered average annual returns of 19.07% since inception.

Union Large & Midcap Fund Returns

1-Year	3-Year	5-Year	Since Inception
8.38%	16.0%	25.6%	19.07%

How much does this mutual fund charge as expense ratio?

The Union Large & Midcap Fund - Direct Growth has an expense ratio of 0.95%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Union Large & Midcap Fund currently has assets under management (AUM) or fund size valued at approximately ₹807 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Union Large & Midcap Fund?

The Union Large & Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	6.86%
ICICI Bank Ltd.	5.0%
Reliance Industries Ltd.	2.6%
Bharti Airtel Ltd.	2.58%
Larsen & Toubro Ltd.	2.42%
State Bank of India	2.31%
Interglobe Aviation Ltd.	2.26%
Shriram Finance Ltd	1.99%
Bharat Electronics Ltd.	1.98%
Infosys Ltd.	1.86%

What are the top sectors Union Large & Midcap Fund has invested in?

The Union Large & Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	26.43%
Services	13.02%
Capital Goods	11.41%
Healthcare	7.67%
Automobile	6.28%
Technology	6.03%
Energy	4.98%
Consumer Discretionary	4.23%
Metals & Mining	3.95%
Chemicals	3.6799999999999997%

What is risk level of Union Large & Midcap Fund?

This is a Large & Midcap 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 Large & Midcap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 Large & Midcap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Union Large & Midcap Fund is complete.

How can I redeem my investments in Union Large & Midcap Fund?

Redeeming your investments in Union Large & Midcap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Union Large & Midcap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Large & MidCap

#NA

Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 19.27% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: Exit load of 1%, if redeemed within 15 days.