Union Small Cap Fund Direct-Growth

Q: What are the returns of Union Small Cap Fund?

The Union Small Cap Fund is a 10 yrs 11 m old fund and has delivered average annual returns of 15.7% since inception. Union Small Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.99% 16.64% 32.27% 14.87% 15.7%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹49.02+0.25% 1 day change	15.7% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹49.02 as on Apr 23, 2025

This fund Category average

Union Small Cap Fund overview

VRO rating	2
Expense ratio	0.98% as on Mar 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
AUM (Fund size)	₹1,444 Crs
Lock-in	No Lockin
Age	10 yrs 11 m since May 20, 2014
Benchmark	BSE 250 SmallCap TRI
Min. investment	SIP ₹1000 & Lump. ₹1000
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 Small Cap 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 Apr 24, 2025

Period	This fund	Category average
1 month	1.98%	2.87%
3 months	-1.07%	-0.2%
6 months	-8.43%	-7.33%
1 year	4.99%	7.11%
3 years	16.64%	19.91%
5 years	32.27%	36.56%
7 years	16.01%	17.29%
10 years	14.87%	17.82%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 25.622893999999995%

Small Cap 71.50710600000001%

Other Cap 0.0%

Top holdings

Eureka Forbes Ltd.3.14%

Ami Organics Ltd.2.96%

Blue Star Ltd.2.88%

JB Chemicals & Pharmaceuticals Ltd.2.88%

Top sectors

Capital Goods 17.24%

Financial 12.880000000000003%

Healthcare 12.870000000000001%

Services 12.54%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.08%

Allocation by Instruments

Repo 3.37%

Treasury Bills 0.08%

Other Holdings

Others 3.37%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Union Small Cap Fund	N.A.	₹1,444 Crs	10 yrs 11 m	0.98%
Nippon India Small Cap Fund	N.A.	₹55,491 Crs	12 yrs 3 m	0.73%
Tata Small Cap Fund	N.A.	₹9,203 Crs	6 yrs 6 m	0.3%
Quant Small Cap Fund	N.A.	₹24,893 Crs	12 yrs 3 m	0.69%
Invesco India Smallcap Fund	N.A.	₹5,885 Crs	6 yrs 6 m	0.41%
Axis Small Cap Fund	N.A.	₹22,736 Crs	11 yrs 5 m	0.57%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Small Cap Fund	1.98%	-8.43%	4.99%	16.64%	32.27%	14.87%
Nippon India Small Cap Fund	3.13%	-8.4%	5.79%	23.4%	40.66%	22.0%
Tata Small Cap Fund	1.11%	-10.13%	8.84%	23.38%	38.01%	15.43%
Quant Small Cap Fund	2.6%	-8.62%	-2.7%	22.35%	50.18%	19.84%
Invesco India Smallcap Fund	4.39%	-3.62%	15.51%	25.3%	36.74%	15.55%
Axis Small Cap Fund	2.97%	-3.07%	12.14%	19.64%	32.79%	19.61%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Small Cap Fund	18.3	0.84	0.53	0.72
Nippon India Small Cap Fund	17.36	0.85	0.87	1.2
Tata Small Cap Fund	16.27	0.76	0.99	1.33
Quant Small Cap Fund	18.86	0.9	0.82	1.23
Invesco India Smallcap Fund	17.07	0.8	0.92	1.17
Axis Small Cap Fund	14.67	0.71	0.74	1.03

View all Small Cap funds

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

Alpha	-0.54 vs. 5.19 Underperformed at beating benchmark
Sharpe	0.53 vs. 6.12 Poor risk-adjusted returns
Beta	0.84 vs. 0.71 More sensitive to market's ups & downs
Standard deviation	18.3 vs. 13.25 More volatile performance

Compare Union Small Cap Fund in detail with

About this fund

About Union Small Cap Fund

Union Small Cap Fund Direct-Growth is a Small Cap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 10 yrs 11 m, having been launched on 20/05/2014. Union Small Cap Fund Direct-Growth has ₹1,444 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 Small Cap Fund Direct-Growth as of 23/04/2025 is ₹49.02. The fund has an expense ratio of 0.98%, which is higher than what most other Small Cap funds charge.

Union Small Cap Fund Direct-Growth returns of last 1-year are 5.62%. Since launch, it has delivered 15.74% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Union Small Cap Fund Direct-Growth 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, Healthcare, Services, Consumer Discretionary 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 Eureka Forbes Ltd., Ami Organics Ltd., Blue Star Ltd., JB Chemicals & Pharmaceuticals Ltd., Computer Age Management Services Ltd..

...

Fund AUM	₹1,444 Crs as on Mar 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 by investing in a portfolio consisting of equity and equity related securities, predominantly of 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 Midcap Fund	N.A.	₹1,313 Crs	11.02%	32.78%
Union Value Fund	N.A.	₹292 Crs	8.9%	26.67%
Union Large & Midcap Fund	N.A.	₹807 Crs	8.38%	25.6%
Union Flexi Cap Fund	N.A.	₹2,159 Crs	7.55%	25.24%
Union ELSS Tax Saver Fund	N.A.	₹860 Crs	6.83%	25.07%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Union Small Cap Fund?

The current Net Asset Value (NAV) of the Union Small Cap Fund - Direct Growth plan is approximately ₹49.02 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Union Small Cap Fund is a 10 yrs 11 m old fund and has delivered average annual returns of 15.7% since inception.

Union Small Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.99%	16.64%	32.27%	14.87%	15.7%

How much does this mutual fund charge as expense ratio?

The Union Small Cap Fund - Direct Growth has an expense ratio of 0.98%, 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 Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,444 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Union Small Cap Fund?

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

Company	Percentage of Portfolio
Eureka Forbes Ltd.	3.14%
Ami Organics Ltd.	2.96%
Blue Star Ltd.	2.88%
JB Chemicals & Pharmaceuticals Ltd.	2.88%
Computer Age Management Services Ltd.	2.61%
Gabriel India Ltd.	2.53%
Karur Vysya Bank Ltd.	2.53%
Amber Enterprises India Ltd.	2.35%
Kei Industries Ltd.	2.28%
Sumitomo Chemical India Ltd.	2.05%

What are the top sectors Union Small Cap Fund has invested in?

The Union Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Capital Goods	17.24%
Financial	12.880000000000003%
Healthcare	12.870000000000001%
Services	12.54%
Consumer Discretionary	7.449999999999999%
Automobile	6.82%
Chemicals	6.669999999999999%
Construction	4.5%
Materials	3.4400000000000004%
Technology	3.36%

What is risk level of Union Small Cap Fund?

This is a Small 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 Small Cap 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 Small Cap 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 Small Cap Fund is complete.

How can I redeem my investments in Union Small Cap Fund?

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

ET Money rank

in Small Cap

#NA

Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
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 12.16% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: Exit load of 1%, if redeemed within 15 days.