Union Multicap Fund Direct - Growth

Q: What are the returns of Union Multicap Fund?

The Union Multicap Fund is a 2 yrs 6 m old fund and has delivered average annual returns of 22.42% since inception. Union Multicap Fund Returns 1-Year Since Inception 9.3% 22.42%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.98+0.57% 1 day change	22.42% p.a.	#NA View Ranked Funds	₹1,065 Crs

Historical NAV & returns

NAV: ₹15.98 as on Jun 05, 2025

This fund Category average

Union Multicap Fund overview

Expense ratio	0.94% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 15 days!
AUM (Fund size)	₹1,065 Crs
Lock-in	No Lockin
Age	2 yrs 6 m since Nov 28, 2022
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	This scheme is currently not buyable
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 Multicap 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 Jun 01, 2025

Period	This fund	Category average
1 Month	6.82%	6.61%
3 Months	12.77%	12.56%
6 Months	-3.44%	-2.89%
1 Year	9.3%	10.17%
2 Years	23.13%	25.55%

View returns in detail

Asset allocationas on Apr 30, 2025

Large Cap 43.305299999999995%

Mid Cap 26.9739%

Small Cap 26.461125000000003%

Other Cap 0.009674999999991201%

Top holdings

HDFC Bank Ltd.5.75%

ICICI Bank Ltd.4.73%

Bharti Airtel Ltd.3.89%

Reliance Industries Ltd.3.67%

Top sectors

Financial 23.529999999999994%

Services 10.7%

Capital Goods 10.670000000000002%

Healthcare 8.950000000000001%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.07%

Allocation by Instruments

Repo 3.39%

Treasury Bills 0.07%

Other Holdings

Others 3.39%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Union Multicap Fund	N.A.	₹1,065 Crs	2 yrs 6 m	0.94%
Nippon India Multi Cap Fund	N.A.	₹40,261 Crs	12 yrs 5 m	0.74%
Mahindra Manulife Multi Cap Fund	N.A.	₹4,883 Crs	8 yrs 1 m	0.41%
ICICI Prudential Multicap Fund	N.A.	₹14,505 Crs	12 yrs 5 m	0.93%
Baroda BNP Paribas Multi Cap Fund	N.A.	₹2,705 Crs	12 yrs 5 m	0.95%
ITI Multi Cap Fund	N.A.	₹1,165 Crs	6 yrs 1 m	0.46%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Multicap Fund	6.82%	-3.44%	9.3%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	8.48%	-0.47%	10.46%	28.53%	33.19%	16.11%
Mahindra Manulife Multi Cap Fund	6.27%	-1.79%	10.7%	23.34%	29.48%	14.87%
ICICI Prudential Multicap Fund	4.76%	-0.75%	11.01%	24.88%	27.09%	16.13%
Baroda BNP Paribas Multi Cap Fund	5.78%	-6.44%	8.84%	23.04%	27.85%	15.11%
ITI Multi Cap Fund	9.04%	-3.07%	6.51%	25.07%	22.6%	10.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Multicap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	14.43	0.88	1.37	1.99
Mahindra Manulife Multi Cap Fund	15.65	0.96	1.01	1.39
ICICI Prudential Multicap Fund	13.42	0.83	1.24	2.06
Baroda BNP Paribas Multi Cap Fund	14.51	0.89	1.04	1.29
ITI Multi Cap Fund	15.62	0.97	1.09	1.42

View all Multi Cap funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Union Multicap Fund in detail with

About this fund

About Union Multicap Fund

Union Multicap Fund Direct - Growth is a Multi Cap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 2 yrs 6 m, having been launched on 28/11/2022. Union Multicap Fund Direct - Growth has ₹1,065 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 Multicap Fund Direct - Growth as of 05/06/2025 is ₹15.98. The fund has an expense ratio of 0.94%, which is higher than what most other Multi Cap funds charge.

Union Multicap Fund Direct - Growth returns of last 1-year are 11.44%. Since launch, it has delivered 20.96% average annual returns.
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., Bharti Airtel Ltd., Reliance Industries Ltd., Infosys Ltd..

...

Fund AUM	₹1,065 Crs as on Mar 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

Harshad Patwardhan

Mr. Patwardhan is B.Tech from IIT, MBA from IIM and CFA. Prior to joining Union AMC, he was associated with Edelweiss AMC,Girik Wealth Advisors,JPMorgan Asset Management India Private Limited since June 2006 as CIO-Equities. Prior to that Mr. Patwardhan worked for two years with Deutsche Equities India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses covering a variety of sectors.

Investment objective

The Scheme seeks to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small 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 Small Cap Fund	N.A.	₹1,468 Crs	9.22%	32.26%
Union Midcap Fund	N.A.	₹1,347 Crs	12.02%	31.77%
Union Value Fund	N.A.	₹302 Crs	8.61%	24.98%
Union Large & Midcap Fund	N.A.	₹824 Crs	9.15%	24.4%
Union Flexi Cap Fund	N.A.	₹2,227 Crs	9.43%	23.97%
Union ELSS Tax Saver Fund	N.A.	₹872 Crs	8.98%	23.93%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Union Multicap Fund?

The current Net Asset Value (NAV) of the Union Multicap Fund - Direct Growth plan is approximately ₹15.98 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Union Multicap Fund is a 2 yrs 6 m old fund and has delivered average annual returns of 22.42% since inception.

Union Multicap Fund Returns

1-Year	Since Inception
9.3%	22.42%

How much does this mutual fund charge as expense ratio?

The Union Multicap Fund - Direct Growth has an expense ratio of 0.94%, 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 Multicap Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,065 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Union Multicap Fund?

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

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.75%
ICICI Bank Ltd.	4.73%
Bharti Airtel Ltd.	3.89%
Reliance Industries Ltd.	3.67%
Infosys Ltd.	2.35%
State Bank of India	2.23%
Ultratech Cement Ltd.	2.07%
Dixon Technologies (India) Ltd.	2.0%
Interglobe Aviation Ltd.	1.95%
NTPC Ltd.	1.92%

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

The Union Multicap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	23.529999999999994%
Services	10.7%
Capital Goods	10.670000000000002%
Healthcare	8.950000000000001%
Automobile	6.29%
Technology	6.18%
Energy	5.59%
Construction	4.03%
Materials	3.94%
Communication	3.89%

What is risk level of Union Multicap Fund?

This is a Multi 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 Multicap 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 Multicap 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 Multicap Fund is complete.

How can I redeem my investments in Union Multicap Fund?

Redeeming your investments in Union Multicap 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 Multicap Fund from anywhere else, you can go to the fund house website and put a request through it.