Union Large & Midcap Fund Direct IDCW NAV today
AMFI: 147751ISIN: INF582M01GC6MUTF_IN: UNIO_LARG_MIDC_EM5GVUnion Mutual FundLarge & Mid Cap funds
NAV ₹27.1800
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹969 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.30%18 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- 1%if sold within 15 days
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 34.630 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 8130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 6 Dec 2019
Union Large & Midcap Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −4.53% | −3.99% | – | – | – |
| 1 month | −8.42% | −7.41% | 22 of 36 | −7.91% | −9.2% to −7.2% |
| 3 months | −4.80% | −7.37% | 5 of 34 | −6.23% | −7.1% to −5.3% |
| 6 months | −1.59% | −6.05% | 8 of 33 | −3.73% | −5.5% to −1.8% |
| 1 year | −3.92% | −7.96% | 7 of 33 | −5.24% | −7.7% to −4.5% |
| 3 years | +11.18% | +10.59% | 17 of 26 | +11.88% | +10.9% to +13.0% |
| 5 years | +9.38% | +9.69% | 19 of 26 | +10.25% | +8.8% to +11.7% |
| 10 years | Needs 10 years | – | – | +13.62% | +12.4% to +14.2% |
₹10,000 put in on 13 Dec 2019 is ₹27,099 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty LargeMidcap 250 TRI, over the same days as the fund. Rank, median and middle half among the Direct plans of Large & Mid Cap funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +4.77% | −0.37% |
| 3 years | +12.17% | +10.78% |
| 5 years | +11.06% | +10.95% |
| Since launch | +16.64% | +16.52% |
Benchmark: Nifty LargeMidcap 250 TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Nifty LargeMidcap 250 TRIBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
- Loss
Highest year to Dec 2021, +40.0%; lowest year to Dec 2022, −1.9%Above the benchmark in 3 of 6 years
Union Large & Midcap Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,16,568₹1,16,562 after stamp duty | −5.48% | −5.49% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,77,436₹3,77,417 after stamp duty | +3.14% | +3.14% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,53,865₹7,53,828 after stamp duty | +9.14% | +9.14% | ₹30 | |
| Since Dec 201982 instalments | ₹8,20,000 | ₹12,84,544₹12,84,489 after stamp duty | +13.00% | +13.00% | ₹38 |
10 years: Launched 6 Dec 2019, needs 10 years of history.
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 13 Dec 2019 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year1,445 windows−6.1%+21.0%+93.9%93.9%
3 years952 windows+11.0%+18.9%+33.3%100.0%
5 years460 windows+9.4%+18.5%+29.0%100.0%
10 yearsLaunched 6 Dec 2019, needs 11 years of history
Every 3 and 5-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Union Large & Midcap Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.26 ptsA year, on 18 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.31%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.56%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.79%, Mar 2020.Direct plan lowest 0.83%, Jul 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.86% | 1.93% |
| Brokerage | 0.08% | 0.08% |
| Transaction costs | 0.01% | 0.01% |
| Statutory levies | 0.35% | 0.54% |
Per cent of assets a year, filed for 18 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹1,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- SIP instalments, at least
- 6 instalments for all frequencies
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP dates
- Daily (only business days) for Daily frequency, any date of the month for weekly, fortnightly and monthly frequency
As listed for this plan on 24 Oct 2026.
Union Large & Midcap Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹991 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 9.0%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Dec 2019.
Assets at each month end
Highest ₹1,018 Cr, Aug 2026.Lowest ₹187 Cr, Jan 2021.
Union Large & Midcap Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|
| ICICI BankBanks | Shares | Large cap5th | 4.84% | 46.93 | 3,55,051 | Aug 2021or earlier |
| HDFC BankBanks | Shares | Large cap2nd | 2.86% | 27.67 | 3,90,492 | Aug 2021or earlier |
| INDO-MIMIndustrial Manufacturing | Shares | 2.64% | 25.62 | 2,06,190 | Jul 2026 | |
| One 97 CommunicationsFinancial Technology (Fintech) | Shares | Mid cap146th | 2.49% | 24.17 | 1,44,040 | Aug 2025 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.32% | 22.51 | 1,28,091 | Aug 2021or earlier |
| EternalRetailing | Shares | Large cap37th | 2.28% | 22.13 | 6,91,439 | Sep 2023 |
| Axis BankBanks | Shares | Large cap15th | 2.20% | 21.31 | 1,73,777 | Feb 2022 |
| JSW InfrastructureTransport Infrastructure | Shares | Mid cap184th | 2.07% | 20.04 | 5,61,879 | Mar 2026 |
| Jindal SteelFerrous Metals | Shares | Large cap87th | 2.01% | 19.49 | 1,71,729 | Mar 2024 |
| Shriram FinanceFinance | Shares | Large cap42nd | 2.00% | 19.36 | 1,97,000 | Nov 2025 |
| Multi Commodity Exchange of IndiaCapital Markets | Shares | Mid cap157th | 1.98% | 19.14 | 58,000 | Jan 2026 |
| CG Power and Industrial SolutionsElectrical Equipment | Shares | Large cap88th | 1.86% | 18.00 | 2,10,709 | Mar 2023 |
| Solar Industries IndiaChemicals & Petrochemicals | Shares | Large cap73rd | 1.84% | 17.81 | 9,041 | Nov 2024 |
| Ajanta PharmaPharmaceuticals & Biotechnology | Shares | Mid cap236th | 1.81% | 17.54 | 48,450 | Nov 2025 |
| UNO MindaAuto Components | Shares | Mid cap166th | 1.79% | 17.31 | 1,47,962 | Aug 2021or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS | 2.10% | 20.36 |
| Net Receivable / Payable | −0.37% | −3.40 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 4.84%ICICI Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 15.15%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 25.71%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 59.1Taken over 98.27% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares98.21%
- Bonds and bills0.06%
- Cash and receivables1.73%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap44.80%Category 44.98%
- Mid cap39.31%Category 39.58%
- Small cap12.69%Category 14.01%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 3.14% of the fund. Category is the average of 36 Large & Mid Cap funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.17sectors
- Financial Services28.41%Category 28.26%
- Capital Goods14.36%Category 9.78%
- Healthcare9.50%Category 10.00%
- Automobile And Auto Components7.79%Category 7.76%
- Chemicals5.41%Category 2.68%
- Consumer Services5.17%Category 6.36%
- Information Technology4.80%Category 4.04%
- Services3.73%Category 2.69%
- Consumer Durables3.38%Category 3.06%
- Fast Moving Consumer Goods3.22%Category 3.17%
- Metals & Mining2.83%Category 3.40%
- Telecommunication2.32%Category 2.50%
- Realty1.97%Category 1.91%
- Oil Gas & Consumable Fuels1.78%Category 2.74%
- Power1.65%Category 1.92%
- Construction1.40%Category 1.70%
- Construction Materials0.49%Category 1.29%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 36 Large & Mid Cap funds. Category average. The sector's weight, less the futures sold on it, averaged over the 36 Large & Mid Cap funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services18 companies | 28.41% | 28.71% | 28.67% | 28.44% | 29.57% | 30.57% | 30.86% | 31.74% | 32.02% | 30.75% | 29.88% | 25.75% | |
| Capital Goods13 companies | 14.36% | 15.07% | 14.43% | 15.84% | 15.35% | 13.30% | 12.28% | 11.54% | 10.19% | 10.24% | 10.72% | 12.41% | |
| Healthcare7 companies | 9.50% | 8.85% | 10.65% | 10.47% | 10.69% | 10.41% | 10.92% | 10.04% | 9.17% | 8.90% | 10.08% | 8.36% | |
| Automobile And Auto Components7 companies | 7.79% | 8.14% | 8.38% | 7.27% | 7.37% | 8.84% | 8.60% | 8.22% | 7.52% | 8.30% | 8.14% | 9.08% | |
| Chemicals4 companies | 5.41% | 5.44% | 5.29% | 5.16% | 4.96% | 5.00% | 5.07% | 4.53% | 4.08% | 3.96% | 3.71% | 4.20% | |
| Consumer Services4 companies | 5.17% | 4.82% | 3.06% | 2.69% | 2.49% | 2.52% | 3.43% | 4.86% | 5.46% | 6.62% | 6.35% | 7.37% | |
| Information Technology6 companies | 4.80% | 4.84% | 4.74% | 3.30% | 3.28% | 3.32% | 3.88% | 3.69% | 6.46% | 6.26% | 6.34% | 5.46% | |
| Services3 companies | 3.73% | 3.53% | 3.66% | 3.19% | 1.24% | 1.16% | 0.61% | 0.00% | 0.00% | 0.00% | 0.64% | 0.66% | |
| Consumer Durables3 companies | 3.38% | 3.43% | 4.35% | 3.68% | 3.04% | 2.90% | 2.76% | 3.14% | 1.91% | 2.19% | 2.50% | 3.01% | |
| Fast Moving Consumer Goods3 companies | 3.22% | 3.14% | 3.55% | 4.13% | 3.58% | 3.53% | 2.87% | 2.82% | 2.77% | 3.61% | 3.25% | 3.57% | |
| Metals & Mining3 companies | 2.83% | 2.79% | 1.44% | 1.76% | 3.28% | 2.81% | 3.74% | 3.69% | 3.51% | 2.36% | 2.27% | 2.38% | |
| Telecommunication1 company | 2.32% | 2.28% | 2.57% | 2.46% | 2.51% | 2.09% | 2.18% | 2.91% | 3.31% | 4.01% | 4.26% | 3.59% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 63.38% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 10.36% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 8
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 13
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 54
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.36%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 7.37%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| KEI Industries | Trimmed | 0.19% | 1.14% | −0.95 pts | −16,000 |
| Coforge | Trimmed | 0.51% | 1.40% | −0.89 pts | −44,000 |
| Zydus Lifesciences | New | 0.87% | 0.00% | +0.87 pts | +72,500 |
| RBL Bank | New | 0.79% | 0.00% | +0.79 pts | +1,90,000 |
| Tech Mahindra | New | 0.79% | 0.00% | +0.79 pts | +50,000 |
| ABB India | Trimmed | 0.82% | 1.34% | −0.52 pts | −6,100 |
| HDFC Life Insurance Company | New | 0.51% | 0.00% | +0.51 pts | +95,000 |
| Ujjivan Small Finance Bank | Trimmed | 1.17% | 1.67% | −0.50 pts | −7,75,000 |
| Max Financial Services | Trimmed | 1.70% | 2.16% | −0.46 pts | −20,000 |
| Bharat Electronics | Trimmed | 0.16% | 0.57% | −0.41 pts | −1,00,000 |
| Prestige Estates Projects | Trimmed | 0.23% | 0.64% | −0.41 pts | −25,000 |
| Cartrade Tech | New | 0.39% | 0.00% | +0.39 pts | +13,000 |
| Cipla | Sold out | – | 0.36% | −0.36 pts | −26,000 |
| State Bank of India | Trimmed | 1.19% | 1.52% | −0.33 pts | −25,000 |
| Maruti Suzuki India | Trimmed | 1.19% | 1.51% | −0.32 pts | −1,700 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 ICICI Bank | 2.90%Cut | 2.98% | 2.90% | 3.59%Added | 3.57% | 3.20%Cut | 3.13%Added | 3.06% | 3.62%Added | 5.19%Added | 5.07% | 4.84% |
 HDFC Bank | 5.34% | 4.93%Cut | 4.88% | 4.01%Cut | 3.75% | 3.47% | 3.31% | 3.15% | 3.63%Added | 3.32%Cut | 2.72%Cut | 2.86% |
| INDO-MIM | – | – | – | – | – | – | – | – | – | 1.63%Bought | 1.77% | 2.64% |
 One 97 Communications | 1.36%Added | 1.61%Added | 1.59% | 1.44% | 1.36% | 1.33% | 1.38% | 1.53%Added | 1.51% | 1.83%Added | 2.26% | 2.49%Added |
 Bharti Airtel | 2.60% | 3.30%Added | 3.04%Cut | 2.45%Cut | 2.05%Cut | 2.18% | 2.09% | 2.51%Added | 2.46% | 2.57% | 2.28% | 2.32% |
 Eternal | 1.54%Cut | 1.22%Cut | 1.14% | 1.16% | 1.02% | 1.06% | 1.24%Added | 1.24% | 1.26% | 1.65%Added | 2.23%Added | 2.28% |
 Axis Bank | 0.99% | 1.03% | 1.02% | 1.14% | 1.13% | 1.06% | 1.53%Added | 1.53% | 1.69%Added | 1.51% | 2.06%Added | 2.20%Added |
 JSW Infrastructure | 0.05%Cut | Sold out | – | – | – | 0.61%Bought again | 1.16%Added | 1.24%Added | 1.88%Added | 1.79% | 1.88% | 2.07% |
 Jindal Steel | 1.45% | 1.42% | 1.44% | 1.59% | 1.71% | 1.72% | 1.71% | 1.67% | 1.41% | 1.44% | 1.95%Added | 2.01%Added |
 Shriram Finance | – | 1.70%Bought again | 2.69%Added | 2.84% | 2.94% | 2.66% | 2.59% | 2.58% | 2.13%Cut | 2.10% | 2.15% | 2.00% |
 Multi Commodity Exchange of India | – | – | – | 0.65%Bought | 0.42%Cut | 0.83%Added | 0.94% | 0.92% | 0.85% | 0.38%Cut | 1.94%Added | 1.98% |
 CG Power and Industrial Solutions | 1.92%Cut | 1.57%Cut | 1.40%Cut | 0.91%Cut | 1.39%Added | 1.52%Added | 1.86%Added | 2.07% | 2.08% | 1.85% | 1.90% | 1.86% |
 Solar Industries India | 0.85% | 0.81% | 1.06%Added | 1.55%Added | 1.52% | 1.53% | 1.77% | 2.06% | 2.04% | 1.97% | 1.89%Cut | 1.84%Cut |
 Ajanta Pharma | – | 0.81%Bought | 1.26%Added | 1.47%Added | 1.55% | 1.63% | 1.49% | 1.52% | 1.72% | 1.71% | 1.71% | 1.81% |
 UNO Minda | 1.27% | 1.34% | 1.32% | 1.02%Cut | 0.62%Cut | 0.61% | 1.33%Added | 1.48%Added | 1.41% | 1.63%Added | 1.86%Added | 1.79% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 216.0% in Sep 2024
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Large & Mid Cap funds (26 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.15.66%
14.00%Lowest16.67%Average21.91%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.10.57%
9.05%Lowest10.69%Average13.04%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.44
0.07Lowest0.45Average0.82Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.61
0.10Lowest0.67Average1.27Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against Nifty LargeMidcap 250 TRI
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.0.91
0.83Lowest0.98Average1.15Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.+1.81 pts
−4.68 ptsLowest+2.30 ptsAverage of 24 funds+10.36 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.90.8
73.8Lowest91.9Average98.9Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.95
0.86Lowest0.96Average0.99Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.98.1%
85.1%Lowest105.8%Average140.6%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.89.8%
78.6%Lowest96.2%Average109.0%Highest
Information ratioInformation ratio. The fund's return above its benchmark, divided by how much that difference varied, as stated by the fund house.To 30 Sep 20260.39
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −12.55% | 29 Oct 2025 | 30 Mar 2026 | 18 Jun 2026 |
| 3 years | −18.73% | 23 Sep 2024 | 28 Feb 2025 | 29 Oct 2025 |
| 5 years | −19.59% | 17 Jan 2022 | 20 Jun 2022 | 5 Jun 2023 |
| Since Dec 2019 | −35.65% | 19 Feb 2020 | 23 Mar 2020 | 15 Sep 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Aug 202659 months | Very High | Very HighNifty LargeMidcap 250 TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Union Large & Midcap Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Vinod MalviyaCo-manage | May 2024 | +6.93%a year | +4.37% | +2.56 pts | 45.0% | 39.6% | 9 | ₹7,042 Cr |
| Pratik DharmshiCo-manage | Dec 2024 | +1.51%a year | −0.64% | +2.15 pts | 25.2% | 32.0% | 8 | ₹7,333 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Union Flexi Cap FundVinod Malviya | Nov 2024 | +2.87%a year | – | – | ₹2,320 Cr |
| Union Multi Asset Allocation FundVinod Malviya | Nov 2024 | +10.96%a year | – | – | ₹989 Cr |
| Union ELSS Tax Saver FundVinod Malviya | Nov 2024 | +1.05%a year | – | – | ₹821 Cr |
| Union Aggressive Hybrid FundVinod Malviya | Nov 2024 | +3.89%a year | – | – | ₹727 Cr |
| Union Focused FundVinod Malviya | Nov 2024 | +5.20%a year | – | – | ₹433 Cr |
| Union Value FundVinod Malviya | Nov 2024 | +1.10%a year | – | – | ₹378 Cr |
| Union Consumption FundVinod Malviya | Dec 2025 | −3.20%over 294 days | −8.97% | +5.77 pts | ₹314 Cr |
| Union Children's FundVinod Malviya | Nov 2024 | +2.81%a year | – | – | ₹91 Cr |
| Union Small Cap FundPratik Dharmshi | Dec 2024 | +6.63%a year | – | – | ₹2,732 Cr |
| Union Midcap FundPratik Dharmshi | Dec 2024 | +3.16%a year | – | – | ₹1,906 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Axis Large & Mid Cap FundAxis Mutual Fund | 47.34% | 42 |
| Mahindra Manulife Large & Mid Cap FundMahindra Manulife Mutual Fund | 45.46% | 35 |
| PGIM India Large and Midcap FundPGIM India Mutual Fund | 44.18% | 35 |
| JM Large & Mid Cap FundJM Financial Mutual Fund | 41.88% | 32 |
| Edelweiss Large & Mid Cap FundEdelweiss Mutual Fund | 39.81% | 39 |
| Whiteoak Capital Large & Mid Cap FundWhiteOak Capital Mutual Fund | 39.64% | 41 |
| Helios Large & Mid Cap FundHelios Mutual Fund | 38.56% | 29 |
| Nippon India Vision Large & Mid Cap FundNippon India Mutual Fund | 36.77% | 35 |
| HDFC Large & Mid Cap FundHDFC Mutual Fund | 36.07% | 55 |
| Aditya Birla Sun Life Large & Mid Cap FundAditya Birla Sun Life Mutual Fund | 35.82% | 35 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Union ELSS Tax Saver FundUnion Mutual Fund | 71.11% |
| Union Midcap FundUnion Mutual Fund | 59.87% |
| Union Multicap FundUnion Mutual Fund | 50.95% |
| Union Flexi Cap FundUnion Mutual Fund | 50.35% |
| Union Largecap FundUnion Mutual Fund | 42.51% |
| Union Business Cycle FundUnion Mutual Fund | 41.95% |
| Union Value FundUnion Mutual Fund | 41.65% |
| Union Focused FundUnion Mutual Fund | 36.04% |
| Union Innovation & Opportunities FundUnion Mutual Fund | 30.30% |
| Union Consumption FundUnion Mutual Fund | 24.37% |
As the fund house states it, for Sep 2026.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2024
- 31 MayBenchmarkBenchmark: BSE 250 Large MidCap TRI to Nifty LargeMidcap 250 TRI
Fund details
Objective
The investment objective of the scheme is to seek to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies. However, there can be no assurance that the investment objective of the scheme will be achieved.
Asset allocation
- Equity & Equity related instruments of Large Cap entity(ies)#: 35% - 65% of net assets, Equity & Equity related instruments of Mid Cap entity(ies)#: 35% - 65% of net assets, Equity & Equity related instruments of other than Large & Mid Cap entity(ies)#: 0% - 30% of net assets, Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI: 0%-30% of net assets, Units issued by InvITs: 0% - 10% of net assets. (# In accordance with Clause 3.9 of SEBI Master Circular for Mutual Funds dated March 20, 2026, Large Cap, Mid Cap and Small Cap are defined as follows:
- Large Cap: 1st - 100th company in terms of full market capitalization
- Mid Cap: 101st - 250th company in terms of full market capitalization
- Small Cap: 251st company onwards in terms of full market capitalization.) Please refer the Scheme Information Document for more details.
Type of scheme
An open ended equity scheme investing in both large cap and midcap stocks
- Stated category
- Equity Scheme - Large & Mid Cap Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY LargeMidcap 250 Index (TRI)
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High Risk
- New fund offer
- 15 Nov 2019 to 29 Nov 2019
- Units first allotted
- 6 Dec 2019
- Open for sale again
- 13 Dec 2019
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 147750 | INF582M01GA0 | UNIO_LARG_MIDC_PP554L | 13 Dec 2019 | |
| Regular Growth | 147748 | INF582M01GD4 | UNIO_LARG_MIDC_AKLDDK | 13 Dec 2019 | |
| Direct IDCW | 147751 | INF582M01GC6 | INF582M01GB8 | UNIO_LARG_MIDC_EM5GV | 13 Dec 2019 |
| Regular IDCW | 147749 | INF582M01GG7 | INF582M01GF9 | UNIO_LARG_MIDC_1G8X7UU | 13 Dec 2019 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- September 2026 (opens in a new tab)Union Mutual Fund, Sep 2026
Statement of additional information
- SAI Union Mutual Fund (opens in a new tab)Union Mutual Fund, Oct 2026
Annual report
- Debt including Fixed Maturity Plan (FMP) Abridged Report - Annual Report - FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
- Annual Report - FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure Of Risk-O-Meter Levels FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - 30Sep2026 (opens in a new tab)Union Mutual Fund, Sep 2026