Union Large & Midcap Fund

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

The Union Large & Midcap Fund is a 5 yrs 10 m old fund and has delivered average annual returns of 17.37% since inception. Union Large & Midcap Fund Returns 1-Year 3-Year 5-Year Since Inception -3.82% 15.02% 19.36% 17.37%

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

The Union Large & Midcap Fund has an expense ratio of 2.27% , 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 Sep 29, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹25.41+0.16% 1 day change	17.37% p.a.	App exclusive #NA View Ranked Funds	₹887 Cr

Historical NAV & returns

NAV: ₹25.41 as on Sep 29, 2025

This fund Category average

Union Large & Midcap Fund overview

AUM (Fund size)	₹887 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	5 yrs 10 m since Nov 15, 2019
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	This scheme is currently not buyable
Expense ratio	2.27% as on Aug 31, 2025
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 Sep 11, 2025

Period	This fund	Category average
1 Month	-0.74%	-0.13%
3 Months	-2.12%	-3.04%
6 Months	8.82%	7.99%
1 Year	-3.82%	-4.85%
2 Years	14.48%	17.39%
3 Years	15.02%	18.17%
4 Years	11.23%	13.38%
5 Years	19.36%	22.07%

View returns in detail

Asset allocationas on Aug 31, 2025

Large Cap 47.7%

Mid Cap 39.73%

Small Cap 9.63%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.28%

ICICI Bank Ltd.3.69%

Reliance Industries Ltd.3.18%

Bharti Airtel Ltd.2.55%

Top sectors

Financial 22.220000000000002%

Capital Goods 13.2%

Services 12.84%

Automobile 9.139999999999999%

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 2.61%

Net Receivables 0.3%

Treasury Bills 0.03%

Other Holdings

Others 0.3%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Large & Midcap Fund	-0.74%	8.82%	-3.82%	15.02%	19.36%	N.A.
ICICI Prudential Large & Mid Cap Fund	0.58%	8.1%	-1.48%	21.61%	27.27%	16.26%
Bandhan Large & Mid Cap Fund	1.78%	9.5%	-3.89%	23.86%	25.23%	16.06%
HDFC Large and Mid Cap Fund	0.3%	8.29%	-4.92%	20.5%	25.99%	14.87%
Kotak Large & Midcap Fund	0.44%	8.7%	-4.15%	19.05%	21.97%	15.3%
Motilal Oswal Large and Midcap Fund	2.22%	16.45%	-0.11%	27.73%	28.48%	12.74%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Large & Midcap Fund	13.3	0.91	0.61	0.77
ICICI Prudential Large & Mid Cap Fund	11.9	0.86	1.09	1.72
Bandhan Large & Mid Cap Fund	13.47	0.96	1.13	1.65
HDFC Large and Mid Cap Fund	14.05	1.04	0.87	1.33
Kotak Large & Midcap Fund	13.0	0.93	0.82	1.19
Motilal Oswal Large and Midcap Fund	18.35	1.11	1.01	1.13

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Large & Midcap Fund	N.A.	887 Cr	5 yrs 10 m	2.27%
ICICI Prudential Large & Mid Cap Fund	N.A.	23,698 Cr	27 yrs 3 m	1.65%
Bandhan Large & Mid Cap Fund	N.A.	9,107 Cr	20 yrs 3 m	1.72%
HDFC Large and Mid Cap Fund	N.A.	25,412 Cr	31 yrs 8 m	1.65%
Kotak Large & Midcap Fund	N.A.	27,046 Cr	21 yrs 2 m	1.58%
Motilal Oswal Large and Midcap Fund	N.A.	12,628 Cr	6 yrs	1.69%

View all Large & Midcap funds

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

Alpha	1.2 vs. 5.17 Underperformed at beating benchmark
Sharpe	0.61 vs. 5.9 Poor risk-adjusted returns
Beta	0.91 vs. 0.86 More sensitive to market's ups & downs
Standard deviation	13.3 vs. 10.94 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 5 yrs 10 m, having been launched on 15/11/2019. Union Large & Midcap Fund has ₹887 Crores worth of assets under management (AUM) as on 31/08/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Large & Midcap Fund as of 29/09/2025 is ₹25.41. The fund has an expense ratio of 2.27%, which is higher than what most other Large & Midcap funds charge.

Union Large & Midcap Fund returns of last 1-year are -4.84%. Since launch, it has delivered 17.38% average annual returns. The fund has doubled the money invested in it every 5 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 low.
The fund has the majority of its money invested in Financial, Capital Goods, Services, Automobile, Healthcare 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., ICICI Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Max Financial Services Ltd..

...

Fund AUM	887 Cr as on Aug 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	28 view all schemes
Total AUM	21,203 Cr as on Jun 30, 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.	1,658 Cr	-5.65%	25.06%
Union Midcap Fund	N.A.	1,508 Cr	-3.84%	24.31%
Union Value Fund	N.A.	332 Cr	-4.03%	21.79%
Union ELSS Tax Saver Fund	N.A.	895 Cr	-3.91%	20.21%
Union Flexi Cap Fund	N.A.	2,321 Cr	-3.7%	19.5%

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 ₹25.41 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The Union Large & Midcap Fund is a 5 yrs 10 m old fund and has delivered average annual returns of 17.37% since inception.

Union Large & Midcap Fund Returns

1-Year	3-Year	5-Year	Since Inception
-3.82%	15.02%	19.36%	17.37%

How much does this mutual fund charge as expense ratio?

The Union Large & Midcap Fund has an expense ratio of 2.27%, 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 887 Cr as on Aug 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.	5.28%
ICICI Bank Ltd.	3.69%
Reliance Industries Ltd.	3.18%
Bharti Airtel Ltd.	2.55%
Max Financial Services Ltd.	2.52%
CG Power and Industrial Solutions Ltd.	2.17%
Larsen & Toubro Ltd.	2.09%
Cummins India Ltd.	1.97%
Bharat Electronics Ltd.	1.95%
HDFC Asset Management Company 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	22.220000000000002%
Capital Goods	13.2%
Services	12.84%
Automobile	9.139999999999999%
Healthcare	8.1%
Technology	5.54%
Consumer Staples	4.97%
Energy	4.36%
Construction	3.9699999999999998%
Materials	3.22%

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.
Chance: This fund has generated only 19.82% 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.