August 27, 2024
mayank
Union Multicap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 16.4100
NAV IDCW: Rs 16.4100
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: 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) | — |
| 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 | 34.11% |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,053 Cr |
| (As on 31-Jul-2024) | |
| Expense | 0.86% |
| (As on 31-Jul-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 157.00% |
Trailing Returns (%) of Union Multicap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Multicap Dir | 25.17 | 0.67 | 2.76 | 11.18 | 19.61 | 40.00 | — | — | — | — |
| BSE 500 TRI | 22.16 | 0.60 | 1.28 | 10.19 | 16.99 | 40.70 | — | — | — | — |
| Equity: Multi Cap | 27.79 | 0.47 | 2.37 | 12.18 | 20.77 | 47.57 | — | — | — | — |
| Rank within category | 18 | 5 | 9 | 19 | 17 | 19 | — | — | — | — |
| Number of funds in category | 23 | 29 | 26 | 25 | 24 | 21 | 9 | 0 | 0 | 0 |
Peer Comparison of Union Multicap 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 Multicap Dir | Unrated | 40.00 | — | — | 0.86 | 1,053 | 34.11 | 1.00 (15) | 1Y 8M | 157.00 |
| Nippon India Multi Cap Dir | Unrated | 45.04 | 31.23 | 28.30 | 0.75 | 37,151 | 18.42 | 1.00 (365) | 11Y 7M | 23.00 |
| SBI Multicap Dir | Unrated | 40.46 | — | — | 0.90 | 18,053 | 23.53 | 1.00 (365) | 2Y 5M | 31.00 |
| HDFC Multi Cap Dir | Unrated | 46.70 | — | — | 0.55 | 16,699 | 29.47 | 1.00 (365) | 2Y 8M | 7.44 |
| Kotak Multicap Dir | Unrated | 56.98 | — | — | 0.38 | 14,474 | 27.67 | 1.00 (365) | 2Y 10M | 61.25 |
Portfolio Analysis of Union Multicap Fund
| No. of Stocks | 82 |
| Top 10 Stocks | 23.70% |
| Top 5 Stocks | 15.90% |
| Top 3 Sectors | 42.30% |
| Portfolio P/B Ratio | 5.18 |
| Portfolio P/E Ratio | 34.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 89,679 | 88,544 |
| Giant (%) | 32.30 | 32.43 |
| Large (%) | 24.16 | 20.17 |
| Mid (%) | 28.64 | 34.72 |
| Small (%) | 14.90 | 12.67 |
| Tiny (%) | — | 0.23 |
Chanakya’s Mutual Fund Guidance For Union Multicap Fund
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Quicklinks
Union Multicap Fund
Union Multicap 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 Multicap Fund?
Union Multicap Fund – Direct Plan is mandated to invest at least 25 per cent of its assets each in large, mid and small-cap stocks.
How to Invest in Union Multicap Fund?
Mutual funds can be bought directly from the website of the fund house. For instance, Union Multicap 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 Multicap?
The riskometer level of Union Multicap Fund – Direct Plan is Very High.
What is the expense ratio of Union Multicap?
The expense ratio of Union Multicap Fund – Direct Plan is 0.86.