Union Midcap Fund

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

The Union Midcap Fund is a 5 yrs 6 m old fund and has delivered average annual returns of 31.57% since inception. Union Midcap Fund Returns 1-Year 3-Year 5-Year Since Inception -3.84% 17.61% 24.31% 31.57%

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

The Union Midcap Fund has an expense ratio of 2.1% , 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)
₹47.08+0.3% 1 day change	31.57% p.a.	App exclusive #NA View Ranked Funds	₹1,508 Cr

Historical NAV & returns

NAV: ₹47.08 as on Sep 29, 2025

This fund Category average

Union Midcap Fund overview

AUM (Fund size)	₹1,508 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	5 yrs 6 m since Mar 02, 2020
Benchmark	BSE 150 MidCap TRI
Min. investment	This scheme is currently not buyable
Expense ratio	2.1% 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 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	-1.36%	-0.89%
3 Months	-2.32%	-3.36%
6 Months	11.14%	10.02%
1 Year	-3.84%	-5.39%
2 Years	17.71%	19.13%
3 Years	17.61%	20.33%
4 Years	14.47%	15.9%
5 Years	24.31%	24.97%

View returns in detail

Asset allocationas on Aug 31, 2025

Large Cap 15.9%

Mid Cap 67.61%

Small Cap 13.9%

Other Cap 0%

Top holdings

Max Financial Services Ltd.3.39%

The Federal Bank Ltd.3.09%

Fortis Healthcare Ltd.2.62%

Dixon Technologies (India) Ltd.2.44%

Top sectors

Capital Goods 18.04%

Financial 16.580000000000002%

Services 12.64%

Healthcare 11.309999999999999%

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 2.65%

Treasury Bills 0.05%

Other Holdings

Others 2.65%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Midcap Fund	-1.36%	11.14%	-3.84%	17.61%	24.31%	N.A.
Motilal Oswal Midcap Fund	-5.6%	6.59%	-8.2%	24.06%	31.54%	17.12%
Nippon India Growth Mid Cap Fund	-0.24%	10.42%	-3.54%	24.23%	28.67%	17.79%
HDFC Mid Cap Fund	-0.55%	10.13%	-1.77%	24.97%	28.53%	17.72%
Kotak Midcap Fund	-0.78%	14.25%	-1.18%	21.32%	26.93%	17.89%
Edelweiss Mid Cap Fund	-1.52%	9.78%	-3.03%	23.54%	28.31%	17.69%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Midcap Fund	15.51	0.92	0.73	0.95
Motilal Oswal Midcap Fund	17.4	0.89	1.12	1.36
Nippon India Growth Mid Cap Fund	15.5	0.96	1.04	1.55
HDFC Mid Cap Fund	13.84	0.85	1.21	1.76
Kotak Midcap Fund	15.11	0.89	0.9	1.14
Edelweiss Mid Cap Fund	15.59	0.94	1.01	1.35

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Midcap Fund	N.A.	1,508 Cr	5 yrs 6 m	2.1%
Motilal Oswal Midcap Fund	N.A.	34,780 Cr	11 yrs 7 m	1.55%
Nippon India Growth Mid Cap Fund	N.A.	36,836 Cr	30 yrs	1.55%
HDFC Mid Cap Fund	N.A.	83,105 Cr	18 yrs 4 m	1.35%
Kotak Midcap Fund	N.A.	53,464 Cr	18 yrs 7 m	1.4%
Edelweiss Mid Cap Fund	N.A.	11,297 Cr	17 yrs 10 m	1.68%

View all Mid Cap funds

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

Alpha	-1.96 vs. 4.88 Underperformed at beating benchmark
Sharpe	0.73 vs. 5.29 Poor risk-adjusted returns
Beta	0.92 vs. 0.85 More sensitive to market's ups & downs
Standard deviation	15.51 vs. 12.96 More volatile performance

Compare Union Midcap Fund in detail with

About this fund

About Union Midcap Fund

Union Midcap Fund is a Mid Cap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 5 yrs 6 m, having been launched on 02/03/2020. Union Midcap Fund has ₹1,508 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 Midcap Fund as of 29/09/2025 is ₹47.08. The fund has an expense ratio of 2.1%, which is higher than what most other Mid Cap funds charge.

Union Midcap Fund returns of last 1-year are -4.44%. Since launch, it has delivered 32.38% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Union 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 Capital Goods, Financial, Services, Healthcare, Automobile sectors. It has taken less exposure in Capital Goods, Financial sectors compared to other funds in the category.
The fund's top 5 holdings are in Max Financial Services Ltd., The Federal Bank Ltd., Fortis Healthcare Ltd., Dixon Technologies (India) Ltd., Cummins India Ltd..

...

Fund AUM	1,508 Cr as on Aug 31, 2025
Scheme document	View Scheme Document

Fund managers

Gaurav Chopra

Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared) 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

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 achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of 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 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%
Union Large & Midcap Fund	N.A.	887 Cr	-3.82%	19.36%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Union Midcap Fund?

The current Net Asset Value (NAV) of the Union Midcap Fund plan is approximately ₹47.08 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The Union Midcap Fund is a 5 yrs 6 m old fund and has delivered average annual returns of 31.57% since inception.

Union Midcap Fund Returns

1-Year	3-Year	5-Year	Since Inception
-3.84%	17.61%	24.31%	31.57%

How much does this mutual fund charge as expense ratio?

The Union Midcap Fund has an expense ratio of 2.1%, 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 Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 1,508 Cr as on Aug 31, 2025.

What are the top stock holdings of Union Midcap Fund?

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

Company	Percentage of Portfolio
Max Financial Services Ltd.	3.39%
The Federal Bank Ltd.	3.09%
Fortis Healthcare Ltd.	2.62%
Dixon Technologies (India) Ltd.	2.44%
Cummins India Ltd.	2.38%
Kei Industries Ltd.	2.37%
UNO Minda Ltd.	2.24%
Nippon Life India Asset Management Ltd.	2.23%
JK Cement Ltd.	2.15%
GE Vernova T&D India Ltd.	2.07%

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

The Union Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Capital Goods	18.04%
Financial	16.580000000000002%
Services	12.64%
Healthcare	11.309999999999999%
Automobile	8.86%
Technology	6.379999999999999%
Materials	4.14%
Chemicals	3.74%
Construction	3.68%
Consumer Staples	3.0300000000000002%

What is risk level of Union Midcap Fund?

This is a Mid 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 can I redeem my investments in Union Midcap Fund?

Redeeming your investments in the Union 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 Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 5 Years.
Chance: This fund has generated only 27.29% 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.