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Unrated

Union Midcap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.58 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.47 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 46.87 1.09 -2.35 -0.36 3.60 22.97 57.87 -- -- -- --
S&P BSE 150 MidCap TRI 45.73 0.59 -3.06 -1.39 4.23 16.33 52.35 -- -- -- --
Equity: Mid Cap 42.39 0.85 -2.86 -1.66 3.56 17.02 50.32 -- -- -- --
Rank within category 8 9 7 7 13 4 4 -- -- -- --
Number of funds in category 27 31 31 31 30 30 27 23 20 19 0

As on 30-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Midcap Fund - Direct Plan
Unrated
Mar-20 57.87 -- -- 1.28% 338
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 51.94 26.88 20.05 0.52% 16,485
Axis Midcap Fund - Direct Plan
5 star
Jan-13 45.63 27.47 24.12 0.46% 15,988
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 30.50 21.29 16.94 0.77% 14,190
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 51.87 24.88 19.20 1.04% 11,919

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.03 09-Sep-2020 - 16-Sep-2020 -7.54 18-Oct-2021 - 25-Oct-2021
Month 13.38 30-Mar-2020 - 29-Apr-2020 -3.05 12-Mar-2021 - 12-Apr-2021
Quarter 32.46 27-May-2020 - 26-Aug-2020 4.54 12-Feb-2021 - 14-May-2021
Year 106.24 03-Apr-2020 - 05-Apr-2021 61.47 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 150 MidCap TRI* 26.37 24.99 0.90 0.94 -- --
Equity: Mid Cap* 25.72 23.06 0.95 0.98 0.90 1.68
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-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 57
Top 10 Stocks (%) 25.55
Top 5 Stocks (%) 13.74
Top 3 Sectors (%) 34.80
Portfolio P/B Ratio 6.23
Portfolio P/E Ratio 43.30

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 25,282 29,713
Giant (%) -- 5.01
Large (%) 11.05 14.39
Mid (%) 80.84 75.05
Small (%) 8.11 6.86
Tiny (%) -- 0.20

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
up Varun Beverages FMCG 58.85 4.45 2.05 3.05
down Persistent Systems Technology 56.01 3.24 0.00 2.91
equal Dixon Technologies Engineering 161.97 3.22 1.03 2.72
equal Coforge Technology 62.12 4.77 2.42 2.54
down The Ramco Cements Construction 20.25 3.37 1.94 2.52
equal Tube Investments Of India Automobile 56.31 4.53 0.00 2.48
equal City Union Bank Financial 16.80 3.04 1.33 2.48
equal Polycab India Engineering 41.84 2.92 0.00 2.45
equal Astral Chemicals 86.02 2.98 0.97 2.22
equal Prestige Estates Projects Construction 11.05 2.61 0.00 2.18
down PI Industries Chemicals 55.11 5.37 2.05 2.05
equal Phoenix Mills Construction 98.51 2.81 0.00 2.04
equal Piramal Enterprises Healthcare 49.43 2.58 0.00 2.04
up Wabco India Automobile 99.95 2.18 0.00 1.96
equal United Breweries FMCG 118.88 1.96 0.00 1.96
equal CreditAccess Grameen Financial 91.90 2.41 0.00 1.95
equal Minda Industries Automobile 72.27 2.49 1.44 1.93
equal Solar Industries Chemicals 73.52 1.92 0.89 1.92
equal Indiamart Intermesh Services 74.38 3.34 1.21 1.92
down Tata Power Company Energy 47.65 2.21 0.00 1.91
equal 3M India Diversified 125.98 2.04 0.00 1.91
equal Max Healthcare Institute Healthcare 81.61 2.46 0.00 1.91
equal Whirlpool Consumer Durable 39.81 2.07 0.00 1.90
equal Carborundum Universal Metals 48.75 2.02 0.00 1.84
up Laurus Labs Healthcare 26.93 1.98 0.00 1.78

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-Oct-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:


1.09%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 27.8900

IDCW: ₹ 27.8900


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: 83.45%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 338 Cr (As on 31-Oct-2021)
Expense: 1.28% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --
Turnover: 81.00%

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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