Union Midcap Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- 5-Year CAGR of 12.64% demonstrates steady long-term compounding.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +4.24% | +4.07% | +0.17% |
| 3 Months | -1.98% | -1.98% | 0.00% |
| 6 Months | +3.86% | +3.41% | +0.45% |
| 1 Year | +6.22% | +3.63% | +2.59% |
| 3 Years CAGR | +15.14% | +15.02% | +0.12% |
| 5 Years CAGR | +12.64% | +12.65% | -0.01% |
| Since Inception | +27.52% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Union Midcap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +6.74% | +5.43% | +1.31% |
| 2025 | +2.27% | +1.71% | +0.56% |
| 2024 | +28.58% | +29.27% | -0.69% |
| 2023 | +32.17% | +37.88% | -5.71% |
| 2022 | -2.27% | +2.02% | -4.29% |
| 2021 | +51.96% | +48.43% | +3.53% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -6.99% | +25.17% | +15.59% | +103.05% | 92.4% | 47.7% |
| 3-Year Rolling | +12.70% | +22.05% | +20.88% | +37.42% | 100.0% | 7.9% |
| 5-Year Rolling | +11.01% | +21.22% | +19.62% | +32.70% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-23 | 2025-02-28 | -21.7% | 5 months | 14 months |
| 2021-10-18 | 2022-06-20 | -20.0% | 8 months | 3 months |
| 2022-09-13 | 2023-03-28 | -13.5% | 6 months | 2 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity related instruments of mid cap companies# | 65% - 100% of net assets, Equity and Equity related instruments of companies other than Mid Cap companies# - 0% - 35% of net assets, Debt and Money Market instruments - 0%-35% of net assets, Units issued by InvITs - 0% - 10% of net assets. (# In accordance with Clause 3.9 of SEBI Master Circular for Mutual Funds dated March 20, 2026, Large Cap, Mid Cap and Small Cap are defined as follows: • Large Cap: 1st - 100th company in terms of full market capitalization • Mid Cap: 101st - 250th company in terms of full market capitalization • Small Cap: 251st company onwards in terms of full market capitalization.) Please refer the Scheme Information Document for more details. |
Investment Objective & Strategy
The investment objective of the Scheme is to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,996 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Mid Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Mid Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| BARODA BNP PARIBAS Mid Cap Fund | 5.1 | +14.56% | 2.20% | 78.2% | Rs 2,617 cr | Compare → |
| Mahindra Manulife Mid Cap Fund | 5.0 | +14.83% | 2.05% | 94.5% | Rs 5,256 cr | Compare → |
| Kotak Mid Cap Fund | 5.0 | +14.87% | 1.49% | 93.4% | Rs 68,260 cr | Compare → |
| Mirae Asset Midcap Fund | 4.0 | +14.21% | 2.01% | 101.6% | Rs 20,093 cr | Compare → |
| Canara Robeco Mid Cap Fund | 5.5 | +15.02% | 2.13% | 86.0% | Rs 5,186 cr | Compare → |
Frequently Asked Questions about Union Midcap Fund
What is the expense ratio of Union Midcap Fund?
Union Midcap Fund has a total expense ratio (TER) of 2.35% with a base expense ratio of 1.76%, compared to the Mid Cap category median of 2.11%.
Who manages Union Midcap Fund?
Union Midcap Fund is managed by Gaurav Chopra.
What are the historical returns of Union Midcap Fund?
Union Midcap Fund delivered a 3-year CAGR of 15.14% and a 5-year CAGR of 12.64%. Its 1-year return stands at +6.22%.
How large is Union Midcap Fund?
Union Midcap Fund manages assets of Rs 1,996 cr, placing it in the 'small' size band relative to Mid Cap peers.
How is Union Midcap Fund scored on MFIQ?
Union Midcap Fund holds an MFIQ Score of 4.6/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Union Midcap Fund?
Union Midcap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 17.07% with a maximum historical drawdown of -21.72%.