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Unrated

Union Midcap Fund - Regular Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.79 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.61 Lakh

Suitability:

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 medium-sized 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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 9.98 -1.61 -0.24 -1.10 7.47 30.56 78.52 -- -- -- --
S&P BSE 150 MidCap TRI 13.68 -1.80 0.94 -0.31 7.78 37.62 78.92 -- -- -- --
Equity: Mid Cap 10.10 -1.70 0.22 -0.89 5.75 32.21 67.42 -- -- -- --
Rank within category 14 12 27 21 6 17 3 -- -- -- --
Number of funds in category 30 33 33 32 30 30 30 23 20 20 18

As on 19-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Midcap Fund - Regular Plan
Unrated
Mar-20 78.52 -- -- 2.56 198
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 74.61 11.20 16.29 1.85 10,938
DSP Midcap Fund - Regular Plan  | Invest Online
4 star
Nov-06 54.44 9.55 15.62 1.83 10,916
Axis Midcap Fund
5 star
Feb-11 53.52 15.11 17.26 1.85 10,432
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 65.63 10.01 15.16 1.77 9,031

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.08 09-Sep-2020 - 16-Sep-2020 -6.19 17-Sep-2020 - 24-Sep-2020
Month 13.33 27-Jul-2020 - 26-Aug-2020 -3.17 12-Mar-2021 - 12-Apr-2021
Quarter 32.09 27-May-2020 - 26-Aug-2020 5.49 11-Jan-2021 - 12-Apr-2021
Year 104.10 03-Apr-2020 - 05-Apr-2021 84.96 15-Apr-2020 - 15-Apr-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 150 MidCap TRI* 15.02 27.30 0.39 0.43 -- --
Equity: Mid Cap* 13.84 24.83 0.38 0.42 0.89 0.00
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 48
Top 10 Stocks (%) 33.27
Top 5 Stocks (%) 18.42
Top 3 Sectors (%) 43.10
Portfolio P/B Ratio 4.78
Portfolio P/E Ratio 29.12

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 19,393 23,285
Giant (%) -- 4.32
Large (%) 6.85 8.01
Mid (%) 79.00 78.79
Small (%) 14.15 10.06
Tiny (%) -- 0.32

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Tube Investments Of India Automobile 104.80 4.53 0.00 4.53
equal Endurance Technologies Automobile 41.24 4.92 2.67 3.67
equal Varun Beverages FMCG 82.13 4.45 2.05 3.66
equal Tata Chemicals Chemicals 2.80 3.88 2.55 3.43
down MindTree Technology 31.07 4.55 1.92 3.13
equal TeamLease Services Services 179.24 3.07 1.77 3.07
equal Syngene International Healthcare 65.47 4.67 2.48 3.03
down Coforge Technology 43.18 4.77 2.42 3.01
equal PI Industries Chemicals 56.09 5.37 2.93 2.93
up AU Small Finance Bank Financial 28.24 2.81 0.00 2.81
up Astral Chemicals 120.19 2.92 0.97 2.81
equal Crompton Greaves Consumer Electricals Cons Durable 49.80 3.66 1.51 2.76
equal KNR Constructions Construction 14.71 2.85 1.88 2.72
up Polycab India Engineering 25.05 2.55 0.00 2.55
equal Aavas Financiers Financial 67.16 2.51 0.00 2.51
equal The Ramco Cements Construction 32.54 2.79 1.94 2.47
equal Navin Fluorine International Chemicals 33.43 2.43 0.00 2.43
equal Tata Communications Communication 46.76 3.72 0.00 2.41
new CreditAccess Grameen Financial 85.89 2.39 0.00 2.39
new Piramal Enterprises Healthcare 186.01 2.35 0.00 2.35
equal Minda Industries Automobile 184.28 2.49 1.44 2.28
up Dixon Technologies Engineering 156.50 3.22 1.03 2.19
equal Ipca Laboratories Healthcare 25.89 4.99 2.09 2.09
equal City Union Bank Financial 30.20 3.04 1.84 2.00
equal Muthoot Finance Financial 12.69 3.31 1.91 1.91

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Mar-2021

Fund Manager

— Hardick Bora since 02-Mar-2020

Education: Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.

Experience: He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.

Funds Managed:

— Vinay Paharia since 02-Mar-2020

Education: Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.

Experience: Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).

Interviews:

Funds Managed:


-1.61%

Change from previous, NAV as on 19-Apr-2021

Growth: ₹ 20.7200

IDCW: ₹ 20.7200


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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 23-Mar-2020
Return Since Launch: 97.06%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 198 Cr (As on 31-Mar-2021)
Expense: 2.56% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --
Turnover: 64.00%

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone: 022-67483300 / 1800-200-2268

Fax: 022-67483400/3401/3402

Email: [email protected]

Website: http://www.unionmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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