Union Large & Midcap Fund

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

The Union Large & Midcap Fund is a 6 yrs 2 m old fund and has delivered average annual returns of 16.05% since inception. Union Large & Midcap Fund Returns 1-Year 3-Year 5-Year Since Inception 6.78% 15.55% 14.19% 16.05%

Q: How much does this mutual fund charge as expense ratio?

The Union Large & Midcap Fund has an expense ratio of 2.29% , 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.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹25.04-1.26% 1 day change	16.05% p.a.	App exclusive #NA View Ranked Funds	₹943 Cr

Historical NAV & returns

NAV: ₹25.04 as on Feb 02, 2026

This fund Category average

Union Large & Midcap Fund overview

AUM (Fund size)	₹943 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	6 yrs 2 m since Nov 15, 2019
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	2.29% as on Feb 02, 2026
Plan type	Regular
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 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-5.08%	-5.16%
3 Months	-4.97%	-5.36%
6 Months	-1.22%	-2.08%
1 Year	6.78%	5.53%
2 Years	7.79%	8.86%
3 Years	15.55%	17.13%
4 Years	10.72%	12.21%
5 Years	14.19%	15.56%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 49.42%

Mid Cap 37.03%

Small Cap 11.01%

Other Cap 0%

Top holdings

HDFC Bank Ltd.4.88%

Reliance Industries Ltd.3.99%

Bharti Airtel Ltd.3.04%

ICICI Bank Ltd.2.9%

Top sectors

Financial 27.349999999999994%

Capital Goods 10.38%

Services 9.73%

Healthcare 8.899999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.03%

Allocation by Instruments

Repo 1.67%

Net Receivables 0.84%

Treasury Bills 0.03%

Other Holdings

Others 0.84%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Large & Midcap Fund	-5.08%	-1.22%	6.78%	15.55%	14.19%	N.A.
ICICI Prudential Large & Mid Cap Fund	-4.92%	3.34%	8.25%	20.23%	20.44%	16.62%
Bandhan Large & Mid Cap Fund	-4.96%	1.12%	9.42%	22.21%	19.21%	16.59%
UTI Large & Mid Cap Fund	-3.85%	3.11%	9.59%	21.4%	19.04%	15.42%
HDFC Large and Mid Cap Fund	-5.26%	-0.43%	7.44%	19.27%	18.9%	15.92%
Kotak Large & Midcap Fund	-3.01%	2.55%	11.95%	19.11%	17.22%	16.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Large & Midcap Fund	12.95	0.94	0.77	0.93
ICICI Prudential Large & Mid Cap Fund	11.76	0.9	1.14	1.62
Bandhan Large & Mid Cap Fund	13.37	1.01	1.16	1.6
UTI Large & Mid Cap Fund	13.24	1.02	1.1	1.58
HDFC Large and Mid Cap Fund	13.86	1.08	0.93	1.38
Kotak Large & Midcap Fund	12.57	0.94	1.01	1.31

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Large & Midcap Fund	N.A.	943 Cr	6 yrs 2 m	2.29%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	27 yrs 7 m	1.63%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	20 yrs 7 m	1.69%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	20 yrs 6 m	1.87%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	32 yrs	1.63%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	21 yrs 6 m	1.58%

View all Large & Midcap funds

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

Alpha	0.83 vs. 5.15 Underperformed at beating benchmark
Sharpe	0.77 vs. 5.94 Poor risk-adjusted returns
Beta	0.94 vs. 0.91 More sensitive to market's ups & downs
Standard deviation	12.95 vs. 10.81 More volatile performance

Compare Union Large & Midcap Fund in detail with

About this fund

About Union Large & Midcap Fund

Union Large & Midcap Fund is a Large & MidCap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 6 yrs 2 m, having been launched on 15/11/2019. Union Large & Midcap Fund has ₹943 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 Large & Midcap Fund as of 02/02/2026 is ₹25.04. The fund has an expense ratio of 2.29%, which is higher than what most other Large & Midcap funds charge.

Union Large & Midcap Fund returns of last 1-year are 6.25%. Since launch, it has delivered 16.06% average annual returns. The fund has doubled the money invested in it every 6 yrs.
Union Large & Midcap Fund 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, Capital Goods, Services, Healthcare, Automobile sectors. It has taken less exposure in Financial, Capital Goods 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., The Federal Bank Ltd..

...

Fund AUM	943 Cr as on Dec 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	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 Small Cap Fund	N.A.	1,744 Cr	4.48%	19.32%
Union Midcap Fund	N.A.	1,634 Cr	9.79%	19.14%
Union Value Fund	N.A.	371 Cr	9.53%	15.66%
Union ELSS Tax Saver Fund	N.A.	904 Cr	6.93%	14.15%
Union Flexi Cap Fund	N.A.	2,402 Cr	6.0%	13.63%

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 plan is approximately ₹25.04 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Union Large & Midcap Fund is a 6 yrs 2 m old fund and has delivered average annual returns of 16.05% since inception.

Union Large & Midcap Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.78%	15.55%	14.19%	16.05%

How much does this mutual fund charge as expense ratio?

The Union Large & Midcap Fund has an expense ratio of 2.29%, 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 Large & Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 943 Cr as on Dec 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.	4.88%
Reliance Industries Ltd.	3.99%
Bharti Airtel Ltd.	3.04%
ICICI Bank Ltd.	2.9%
The Federal Bank Ltd.	2.81%
Shriram Finance Ltd	2.69%
Larsen & Toubro Ltd.	2.22%
Kotak Mahindra Bank Ltd.	2.21%
Max Financial Services Ltd.	2.14%
Bharat Electronics Ltd.	1.98%

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	27.349999999999994%
Capital Goods	10.38%
Services	9.73%
Healthcare	8.899999999999999%
Automobile	8.85%
Technology	5.680000000000001%
Construction	4.44%
Communication	4.01%
Energy	3.99%
Chemicals	3.96%

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

Redeeming your investments in the Union Large & Midcap 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 Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 1 Year.
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 18.28% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 15 days.