Union Multicap Fund Regular - Growth

Q: What are the returns of Union Multicap Fund?

The Union Multicap Fund is a 2 yrs 9 m old fund and has delivered average annual returns of 19.65% since inception. Union Multicap Fund Returns 1-Year Since Inception -2.41% 19.65%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.79+0.57% 1 day change	19.65% p.a.	App exclusive #NA View Ranked Funds	₹1,125 Cr

Historical NAV & returns

NAV: ₹15.79 as on Sep 03, 2025

This fund Category average

Union Multicap Fund overview

Expense ratio	2.18% as on Aug 31, 2025
Plan type	Regular
Exit load	1.0% Exit load of 1%, if redeemed within 15 days!
AUM (Fund size)	₹1,125 Cr
Lock-in Period	Nil
Age	2 yrs 9 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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

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 Sep 01, 2025

Period	This fund	Category average
1 Month	0.45%	0.54%
3 Months	2.67%	1.68%
6 Months	17.66%	16.8%
1 Year	-2.41%	-2.14%
2 Years	15.48%	17.72%

Asset allocationas on May 31, 2025

Large Cap 39.63%

Mid Cap 28.78%

Small Cap 28.23%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.51%

ICICI Bank Ltd.4.49%

Bharti Airtel Ltd.3.42%

Reliance Industries Ltd.2.95%

Top sectors

Financial 22.02%

Capital Goods 18.369999999999997%

Services 9.11%

Automobile 8.31%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.06%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 4.19%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Multicap Fund	N.A.	1,125 Cr	2 yrs 9 m	2.18%
Nippon India Multi Cap Fund	N.A.	40,261 Cr	20 yrs 6 m	1.51%
ICICI Prudential Multicap Fund	N.A.	14,505 Cr	31 yrs	1.74%
Mahindra Manulife Multi Cap Fund	N.A.	5,408 Cr	8 yrs 4 m	1.79%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,840 Cr	22 yrs	1.98%
ITI Multi Cap Fund	N.A.	1,248 Cr	6 yrs 4 m	2.05%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Multicap Fund	0.45%	17.66%	-2.41%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	0.71%	19.34%	0.61%	22.63%	29.6%	15.53%
ICICI Prudential Multicap Fund	-0.1%	14.52%	-3.47%	19.8%	23.92%	14.97%
Mahindra Manulife Multi Cap Fund	-0.83%	17.49%	-4.58%	18.71%	24.92%	13.27%
Baroda BNP Paribas Multi Cap Fund	1.54%	15.35%	-1.96%	18.84%	24.01%	14.55%
ITI Multi Cap Fund	0.19%	19.58%	-5.81%	18.84%	19.6%	8.83%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Multicap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	13.02	0.84	1.15	1.67
ICICI Prudential Multicap Fund	12.6	0.83	0.97	1.65
Mahindra Manulife Multi Cap Fund	14.72	0.96	0.79	1.12
Baroda BNP Paribas Multi Cap Fund	13.62	0.88	0.84	1.04
ITI Multi Cap Fund	15.02	1.0	0.78	1.01

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 Regular - Growth is a Multi Cap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 2 yrs 9 m, having been launched on 28/11/2022. Union Multicap Fund Regular - Growth has ₹1,125 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Multicap Fund Regular - Growth as of 03/09/2025 is ₹15.79. The fund has an expense ratio of 2.18%, which is higher than what most other Multi Cap funds charge.

Union Multicap Fund Regular - Growth returns of last 1-year are -2.47%. Since launch, it has delivered 18.36% average annual returns.
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., Bharti Airtel Ltd., Reliance Industries Ltd., Infosys Ltd..

...

Fund AUM	1,125 Cr as on May 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	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.	1,577 Cr	-1.95%	26.14%
Union Midcap Fund	N.A.	1,440 Cr	-0.13%	25.81%
Union Value Fund	N.A.	318 Cr	-2.58%	21.4%
Union ELSS Tax Saver Fund	N.A.	904 Cr	-1.25%	20.35%
Union Large & Midcap Fund	N.A.	866 Cr	-0.89%	20.0%
Union Flexi Cap Fund	N.A.	2,313 Cr	-1.19%	19.64%

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 ₹15.79 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Union Multicap Fund is a 2 yrs 9 m old fund and has delivered average annual returns of 19.65% since inception.

Union Multicap Fund Returns

1-Year	Since Inception
-2.41%	19.65%

How much does this mutual fund charge as expense ratio?

The Union Multicap Fund - Direct Growth has an expense ratio of 2.18%, 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 1,125 Cr as on May 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.	5.51%
ICICI Bank Ltd.	4.49%
Bharti Airtel Ltd.	3.42%
Reliance Industries Ltd.	2.95%
Infosys Ltd.	2.37%
Gabriel India Ltd.	2.23%
Larsen & Toubro Ltd.	2.08%
Dixon Technologies (India) Ltd.	1.99%
GE Vernova T&D India Ltd.	1.92%
Bharat Electronics Ltd.	1.85%

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	22.02%
Capital Goods	18.369999999999997%
Services	9.11%
Automobile	8.31%
Healthcare	7.22%
Technology	5.6000000000000005%
Construction	4.380000000000001%
Energy	3.89%
Communication	3.42%
Chemicals	3.09%

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?

Union Multicap Fund Regular - Growth is the regular plan of the fund. For this plan of you pay 2.18% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.93%. That's 1.25% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 1.25% if you opt for direct plan of Union Multicap Fund

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.

ET Money rank

App exclusive

in Multi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Multi Cap funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 15 days