October 20, 2026
mayank
Union Midcap Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 54.67 |
| NAV IDCW (Rs.) | 54.67 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | BSE 150 MidCap TRI |
| AUM Rs. | 1,906 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.67% |
| 1 Year Return (%) | 3.82 |
| 3 Year Return (%) | 15.23 |
| 5 Year Return (%) | 12.85 |
| 10 Year Return (%) | — |
| Return Since Launch | 29.52% |
Suitable For Which Investors?
Mid-cap funds are suitable for investors:
1. Seeking exposure in mid-cap stocks for high returns
2. Aiming for long-term wealth creation
3. With a 7+ year investment horizon
4. Who can withstand interim sharp declines in investment value
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The Scheme seeks to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies.
Fund Manager:
1) Gaurav Chopra
Education: Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)
Experience: 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
2) Pratik Dharmshi
Education: Mr. Dharmshi has done B. Com & CA
Experience: 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 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 Midcap Fund
| Fund House | Union Mutual Fund |
| Launch Date | 23-Mar-20 |
| Return Since Launch | 29.52% |
| Benchmark | BSE 150 MidCap TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 1,906 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.67% |
| (As on 30-Sep-2026) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 85.00% |
Union Midcap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Midcap Dir | 3.82 | -0.47 | -1.94 | -3.65 | 4.89 | 3.82 | 15.23 | 12.85 | — | — |
| BSE 150 MidCap TRI | -2.08 | -0.48 | -2.96 | -5.70 | 1.34 | -0.81 | 13.18 | 12.48 | — | — |
| Equity: Mid Cap | 0.53 | -0.38 | -2.46 | -4.63 | 2.89 | 1.39 | 14.32 | 13.25 | — | — |
| Rank within category | 9 | 39 | 10 | 12 | 12 | 9 | 16 | 17 | — | — |
| Number of funds in category | 50 | 54 | 54 | 53 | 53 | 47 | 37 | 28 | 24 | 19 |
Peer Comparison of Union 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 Midcap Dir | 3 out of 5 stars | 3.82 | 15.23 | 12.85 | 0.67 | 1,906 | 29.52 | 1.00 (15) | 6Y 6M | 85.00 |
| HDFC Mid Cap Dir | 4 out of 5 stars | 1.59 | 15.45 | 16.43 | 0.61 | 1,01,856 | 19.58 | 1.00 (365) | 13Y 9M | 2.87 |
| Nippon India Growth Mid Cap Dir | 4 out of 5 stars | 2.57 | 16.54 | 15.44 | 0.59 | 50,176 | 17.62 | 1.00 (30) | 13Y 9M | 12.00 |
| Motilal Oswal Midcap Dir | 4 out of 5 stars | -4.12 | 17.39 | 18.78 | 0.65 | 40,208 | 21.35 | 1.00 (365) | 12Y 7M | 84.00 |
| Edelweiss Mid Cap Dir | 5 out of 5 stars | 2.18 | 18.98 | 15.81 | 0.41 | 19,230 | 20.59 | 1.00 (90) | 13Y 9M | 36.00 |
Union Midcap Fund Portfolio Analysis
| No. of Stocks | 75 |
| Top 10 Stocks | 25.07% |
| Top 5 Stocks | 14.12% |
| Top 3 Sectors | 58.20% |
| Portfolio P/B Ratio | 4.66 |
| Portfolio P/E Ratio | 41.50 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 67,231 | 65,666 |
| Large (%) | 15.85 | 9.15 |
| Mid (%) | 68.33 | 80.21 |
| Small (%) | 15.82 | 11.47 |
Chanakya’s Mutual Fund Guidance For Union Midcap Fund
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