August 24, 2024
mayank
Union Large & Midcap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 27.1800
NAV IDCW: Rs 27.1800
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 invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, 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 generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies.
Fund Manager:
1) Vinod Malviya
Education: Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)
Experience: Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.
2) 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.
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) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Union Large & Midcap Fund
| Fund House | Union Mutual Fund |
| Launch Date | 06-Dec-19 |
| Return Since Launch | 23.61% |
| Benchmark | NIFTY Large Midcap 250 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 849 Cr |
| (As on 31-Jul-2024) | |
| Expense | 0.83% |
| (As on 31-Jul-2024) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 207.00% |
Trailing Returns (%) of Union Large & Midcap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Large & Midcap Dir | 22.21 | -0.18 | 3.70 | 9.16 | 17.36 | 36.86 | 20.62 | — | — | — |
| BSE Large Mid Cap TRI | 20.58 | 0.28 | 2.09 | 10.31 | 15.55 | 38.01 | 19.30 | — | — | — |
| Equity: Large & MidCap | 26.72 | -0.11 | 3.51 | 11.08 | 19.80 | 45.52 | 23.50 | — | — | — |
| Rank within category | 24 | 20 | 9 | 29 | 24 | 23 | 19 | — | — | — |
| Number of funds in category | 29 | 32 | 32 | 32 | 30 | 27 | 26 | 22 | 18 | 17 |
Peer Comparison of Union Large & Midcap 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 Large & Midcap Dir | 3 star | 36.86 | 20.62 | — | 0.83 | 849 | 23.61 | 1.00 (15) | 4Y 8M | 207.00 |
| SBI Large & Midcap Dir | 4 star | 36.40 | 22.96 | 25.34 | 0.72 | 27,382 | 18.60 | 0.10 (30) | 11Y 7M | 28.00 |
| Kotak Equity Opportunities Dir | 4 star | 43.90 | 24.32 | 26.29 | 0.47 | 25,075 | 18.98 | 1.00 (365) | 11Y 7M | 24.69 |
| HDFC Large and Mid Cap Dir | 4 star | 44.74 | 27.63 | 27.73 | 0.82 | 23,047 | 15.43 | 1.00 (365) | 11Y 7M | 6.82 |
| ICICI Pru Large & Mid Cap Dir | 5 star | 47.14 | 28.60 | 27.58 | 0.82 | 15,746 | 18.10 | 1.00 (30) | 11Y 7M | 64.00 |
Portfolio Analysis of Union Large & Midcap Fund
| No. of Stocks | 78 |
| Top 10 Stocks | 24.70% |
| Top 5 Stocks | 14.68% |
| Top 3 Sectors | 43.93% |
| Portfolio P/B Ratio | 4.96 |
| Portfolio P/E Ratio | 31.78 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,16,927 | 1,34,226 |
| Giant (%) | 30.81 | 37.39 |
| Large (%) | 32.74 | 26.32 |
| Mid (%) | 30.93 | 33.05 |
| Small (%) | 5.52 | 4.25 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For Union Large & Midcap Fund
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Union Large & Midcap Fund
Union Large & Midcap 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 Large & Midcap Fund?
Union Large & Midcap Fund – Direct Plan is mandated to invest at least 35 per cent of its assets each in large-cap and mid-cap stocks.
How to Invest in Union Large & Midcap Fund?
Mutual funds can be bought directly from the website of the fund house. For instance, Union Large & Midcap 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 Large & Midcap Fund?
The riskometer level of Union Large & Midcap Fund – Direct Plan is Very High.
What is the expense ratio of Union Large & Midcap?
The expense ratio of Union Large & Midcap Fund – Direct Plan is 0.83.