August 27, 2024
mayank
Union Small Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 54.6700
NAV IDCW: Rs 40.9200
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
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 a portfolio consisting of equity and equity related securities, predominantly of 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: Prior to joining Union Mutual Fund, he has worked with Motilal Oswal Securities Ltd., Dolat Capital Markets Pvt Ltd. as Research Associate, Khandwala Securities Ltd. as Research Associate, Yen Management Consultants Pvt. Ltd. and 3 Global Services Pvt. Ltd.
2) Sanjay Bembalkar
Education: Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience: 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
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Union Small Cap Fund
| Fund House | Union Mutual Fund |
| Launch Date | 10-Jun-14 |
| Return Since Launch | 18.08% |
| Benchmark | BSE 250 SmallCap TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,588 Cr |
| (As on 31-Jul-2024) | |
| Expense | 0.86% |
| (As on 31-Jul-2024) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 158.00% |
Trailing Returns (%) of Union Small Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Small Cap Dir | 21.81 | 0.02 | 2.69 | 13.16 | 18.72 | 36.24 | 24.71 | 33.90 | 20.30 | 18.12 |
| BSE 250 SmallCap TRI | 28.56 | 0.42 | 2.49 | 14.72 | 19.92 | 53.09 | 28.57 | 32.76 | 18.05 | 17.03 |
| Equity: Small Cap | 28.53 | 0.23 | 2.74 | 14.81 | 21.62 | 52.44 | 28.24 | 35.40 | 21.09 | 21.30 |
| Rank within category | 36 | 31 | 16 | 28 | 31 | 34 | 23 | 10 | 9 | 11 |
| Number of funds in category | 38 | 40 | 40 | 39 | 38 | 34 | 26 | 19 | 13 | 12 |
Peer Comparison of Union Small Cap Fund
| 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 Small Cap Dir | 2 star | 36.24 | 24.71 | 33.90 | 0.86 | 1,588 | 18.08 | 1.00 (15) | 10Y 2M | 158.00 |
| Nippon India Small Cap Dir | 5 star | 52.73 | 34.76 | 39.96 | 0.63 | 60,373 | 28.22 | 1.00 (365) | 11Y 7M | 25.00 |
| Quant Small Cap Dir | 4 star | 59.23 | 34.85 | 51.59 | 0.64 | 24,530 | 20.56 | 1.00 (365) | 11Y 7M | 151.00 |
| Axis Small Cap Dir | 4 star | 41.19 | 26.06 | 31.74 | 0.54 | 23,399 | 26.08 | 1.00 (365) | 10Y 8M | 37.00 |
| Tata Small Cap Dir | 5 star | 51.02 | 30.54 | 36.65 | 0.30 | 8,449 | 30.57 | 1.00 (365) | 5Y 9M | 16.22 |
Portfolio Analysis of Union Small Cap Fund
| No. of Stocks | 71 |
| Top 10 Stocks | 20.16% |
| Top 5 Stocks | 10.90% |
| Top 3 Sectors | 37.30% |
| Portfolio P/B Ratio | 5.98 |
| Portfolio P/E Ratio | 42.92 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 13,939 | 18,575 |
| Giant (%) | — | 5.61 |
| Large (%) | 1.40 | 3.47 |
| Mid (%) | 48.44 | 58.54 |
| Small (%) | 50.16 | 36.00 |
| Tiny (%) | — | 0.26 |
Chanakya’s Mutual Fund Guidance For Union Small Cap Fund
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Quicklinks
Union Small Cap Fund
Union Small Cap Fund details, NAV, Fund Portfolio, Peer Comparison, Fund Managers, Mutual Fund Guidance, mutual fund, Best funds to invest, Best Funds, Fund Returns, Fund Analysis
What is Union Small Cap Fund?
Union Small Cap Fund – Direct Plan is mandated to invest at least 65 per cent of its assets in small-cap stocks at all times.
How to Invest in Union Small Cap Fund?
Mutual funds can be bought directly from the website of the fund house. For instance, Union Small Cap Fund – Direct Plan fund can be purchased from the website of Union Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
What is the Riskometer level of Union Small Cap?
The riskometer level of Union Small Cap Fund – Direct Plan is Very High.
What is the expense ratio of Union Small Cap?
The expense ratio of Union Small Cap Fund – Direct Plan is 0.86.