Union Small Cap Fund

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

The Union Small Cap Fund is a 11 yrs 4 m old fund and has delivered average annual returns of 14.96% since inception. Union Small Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception -5.65% 15.92% 25.06% 14.94% 14.96%

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

The Union Small Cap Fund has an expense ratio of 2.11% , 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)
₹48.57-0.18% 1 day change	14.96% p.a.	App exclusive #NA View Ranked Funds	₹1,658 Cr

Historical NAV & returns

NAV: ₹48.57 as on Sep 29, 2025

This fund Category average

Union Small Cap Fund overview

AUM (Fund size)	₹1,658 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	11 yrs 4 m since May 20, 2014
Benchmark	BSE 250 SmallCap TRI
Min. investment	This scheme is currently not buyable
Expense ratio	2.11% 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 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 Sep 30, 2025

Period	This fund	Category average
1 Month	-0.57%	-0.38%
3 Months	-0.55%	-3.34%
6 Months	13.51%	10.75%
1 Year	-5.65%	-7.71%
2 Years	12.33%	15.44%
3 Years	15.92%	19.12%
4 Years	14.39%	15.75%
5 Years	25.06%	27.62%
7 Years	19.98%	19.88%
10 Years	14.94%	17.01%

View returns in detail

Asset allocationas on Aug 31, 2025

Large Cap 0%

Mid Cap 26.92%

Small Cap 70.87%

Other Cap 0%

Top holdings

Gabriel India Ltd.4.31%

Karur Vysya Bank Ltd.3.18%

Acutaas Chemicals Ltd.3.05%

Amber Enterprises India Ltd.2.88%

Top sectors

Capital Goods 25.29%

Financial 14.25%

Healthcare 10.71%

Services 10.64%

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 2.71%

Treasury Bills 0.07%

Other Holdings

Others 2.71%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Small Cap Fund	-0.57%	13.51%	-5.65%	15.92%	25.06%	14.94%
Nippon India Small Cap Fund	-0.51%	10.81%	-8.83%	22.38%	31.54%	20.9%
Tata Small Cap Fund	-0.35%	8.95%	-9.32%	20.13%	29.03%	14.71%
Bandhan Small Cap Fund	2.14%	13.2%	-5.11%	28.96%	29.84%	16.49%
Invesco India Smallcap Fund	-0.68%	11.41%	-3.79%	24.1%	29.24%	15.03%
Edelweiss Small Cap Fund	-1.02%	10.7%	-7.0%	19.58%	27.98%	15.76%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Small Cap Fund	17.48	0.84	0.6	0.78
Nippon India Small Cap Fund	16.46	0.85	0.94	1.3
Tata Small Cap Fund	16.01	0.79	0.87	1.19
Bandhan Small Cap Fund	17.94	0.92	1.12	1.84
Invesco India Smallcap Fund	16.15	0.8	1.03	1.26
Edelweiss Small Cap Fund	15.9	0.82	0.79	1.11

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Small Cap Fund	N.A.	1,658 Cr	11 yrs 4 m	2.11%
Nippon India Small Cap Fund	N.A.	58,029 Cr	15 yrs 1 m	1.4%
Tata Small Cap Fund	N.A.	10,529 Cr	6 yrs 11 m	1.67%
Bandhan Small Cap Fund	N.A.	11,744 Cr	5 yrs 7 m	1.66%
Invesco India Smallcap Fund	N.A.	7,718 Cr	6 yrs 11 m	1.73%
Edelweiss Small Cap Fund	N.A.	4,921 Cr	6 yrs 8 m	1.82%

View all Small Cap funds

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

Alpha	-1.89 vs. 5.05 Underperformed at beating benchmark
Sharpe	0.6 vs. 5.93 Poor risk-adjusted returns
Beta	0.84 vs. 0.74 More sensitive to market's ups & downs
Standard deviation	17.48 vs. 12.64 More volatile performance

Compare Union Small Cap Fund in detail with

About this fund

About Union Small Cap Fund

Union Small Cap Fund is a Small Cap mutual fund scheme from Union Mutual Fund. This fund has been in existence for 11 yrs 4 m, having been launched on 20/05/2014. Union Small Cap Fund has ₹1,658 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 Small Cap Fund as of 29/09/2025 is ₹48.57. The fund has an expense ratio of 2.11%, which is higher than what most other Small Cap funds charge.

Union Small Cap Fund returns of last 1-year are -5.59%. Since launch, it has delivered 14.99% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Union Small Cap 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, Healthcare, Services, 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 Gabriel India Ltd., Karur Vysya Bank Ltd., Acutaas Chemicals Ltd., Amber Enterprises India Ltd., Eureka Forbes Ltd..

...

Fund AUM	1,658 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 by investing in a portfolio consisting of equity and equity related securities, predominantly of 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 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%
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 Small Cap Fund?

The current Net Asset Value (NAV) of the Union Small Cap Fund plan is approximately ₹48.57 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The Union Small Cap Fund is a 11 yrs 4 m old fund and has delivered average annual returns of 14.96% since inception.

Union Small Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-5.65%	15.92%	25.06%	14.94%	14.96%

How much does this mutual fund charge as expense ratio?

The Union Small Cap Fund has an expense ratio of 2.11%, 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 Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,658 Cr as on Aug 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
Gabriel India Ltd.	4.31%
Karur Vysya Bank Ltd.	3.18%
Acutaas Chemicals Ltd.	3.05%
Amber Enterprises India Ltd.	2.88%
Eureka Forbes Ltd.	2.86%
Kaynes Technology India Ltd.	2.77%
Kei Industries Ltd.	2.62%
KFin Technologies Ltd.	2.51%
SJS Enterprises Ltd.	2.51%
Dixon Technologies (India) Ltd.	2.18%

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	25.29%
Financial	14.25%
Healthcare	10.71%
Services	10.64%
Automobile	10.629999999999999%
Chemicals	5.34%
Consumer Discretionary	4.78%
Consumer Staples	3.7199999999999998%
Construction	3.31%
Metals & Mining	2.86%

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 can I redeem my investments in Union Small Cap Fund?

Redeeming your investments in the Union Small Cap 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 Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 10 Years.
Chance: This fund has generated only 11.78% 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.