Union Multicap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance
NAV Growth: Rs 11.3000
NAV IDCW: Rs 11.3000
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs. This makes them suitable for long-term investors who don’t mind higher risk, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies.
Fund Manager:
1) Hardick Bora
Education: Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience: He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager – Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.
2) Sanjay Bembalkar
Education: Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience: Research Analyst – Equity – Canara Robeco Asset Management Company Ltd. (December 2017 to September 2019) Research Analyst – Equity – LIC Mutual Fund Asset Management Ltd.(August 2015 to December 2017) Assistant Vice President – Quantum Advisors Pvt. Ltd (April 2010 to August 2015) Intern Analyst – Autonomous Research LLP (August 2009 to January 2010).
Investment Details
Min. Investment (Rs) | 1,000 |
Min. Addl Investment (Rs) | 1,000 |
Min. SIP Investment (Rs) | 1,000 |
Min. Withdrawal (Rs) | 1,000 |
Min. No of Cheques | 6 |
Min. Balance (Rs) | — |
Lock-in Period | NA |
Exit Load | 1% for redemption within 15 days |
Basic Details of Union Multicap Fund
Fund House | Union Mutual Fund |
Launch Date | 19-Dec-22 |
Return Since Launch | 13.00% |
Benchmark | Nifty 500 Multicap 50:25:25 TRI |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 527 Cr |
(As on 30-Jun-2023) | |
Expense | 1.11% |
(As on 30-Jun-2023) | |
Risk Grade | — |
Return Grade | — |
Turnover | — |
Union Multicap Fund Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
Union Multicap Dir | 15.19 | 0.44 | 4.63 | 16.26 | 16.14 | — | — | — | — | — |
S&P BSE 500 TRI | 9.71 | 0.63 | 4.35 | 13.58 | 10.09 | — | — | — | — | — |
Equity: Multi Cap | 13.38 | 0.57 | 4.22 | 15.25 | 13.90 | — | — | — | — | — |
Rank within category | 4 | 17 | 6 | 7 | 4 | — | — | — | — | — |
Number of funds in category | 16 | 19 | 19 | 19 | 16 | 14 | 0 | 0 | 0 | 0 |
Union Multicap Fund Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
Union Multicap Dir | Unrated | — | — | — | 1.11 | 527 | 13.00 | 1.00 (15) | 6M | — |
Nippon Ind Multi Cap Dir | Unrated | 36.12 | 38.14 | 18.15 | 1.00 | 17,441 | 15.79 | 1.00 (365) | 10Y 6M | 35.00 |
SBI Multicap Dir | Unrated | 19.29 | — | — | 0.88 | 12,519 | 12.75 | 1.00 (365) | 1Y 4M | 24.00 |
ICICI Pru Multicap Dir | Unrated | 27.23 | 28.92 | 15.27 | 1.05 | 7,972 | 15.81 | 1.00 (365) | 10Y 6M | 82.00 |
HDFC Multi Cap Dir | Unrated | 36.13 | — | — | 0.59 | 7,103 | 18.59 | 1.00 (365) | 1Y 7M | 10.15 |
Portfolio Analysis of Union Multicap Fund
No. of Stocks | 73 |
Top 10 Stocks | 27.38% |
Top 5 Stocks | 17.62% |
Top 3 Sectors | 44.36% |
Portfolio P/B Ratio | 4.71 |
Portfolio P/E Ratio | 32.72 |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 59,992 | 57,611 |
Giant (%) | 33.35 | 31.66 |
Large (%) | 13.43 | 13.99 |
Mid (%) | 37.64 | 38.03 |
Small (%) | 15.58 | 16.31 |
Tiny (%) | — | 0.15 |
Chanakya’s Mutual Fund Guidance For Union Multicap Fund
Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.unionmf.com/explore-funds
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