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mutual funds
union midcap fund direct growth
Union Midcap Fund Direct Growth

Union Midcap Fund Direct Growth

  • Very High Risk
  • Equity
  • Mid-Cap
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NAV as on Jul 4, 2025
i
Price per unit of the scheme.
₹ 51.47000.00%1 Day Change
3.02%
Minimum Investment₹1000
Expense Ratio0.83%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Union Midcap Fund Direct Growth
VS
Equity: Mid-Cap Average NAV
    Topper in Equity: Mid-Cap
    Invesco India Mid Cap Fund Direct Plan Growth Option
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Union Midcap Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    S&P BSE 150 MidCap TR INR
    Expense Ratio
    0.83%
    Category Avg Expense Ratio
    0.75%
    Minimum Investment (Lumpsum/SIP)
    ₹ 1000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 1,346.58 Cr(As on Apr, 2025)
    Inception Date
    Mar 30, 2020
    Turnover
    56.00 %
    Exit Load
    1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

    bt_logoABOUT THE FUND

    Objective: The investment objective of the Scheme is to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies.

    Union Midcap Fund Direct Growth is an Equity - Mid-Cap fund. The fund was launched inMar 30, 2020. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹51.47. Its expense ratio is 0.83 %. The fund has an AUM of ₹1,346.58 Cr.The fund is managed byHardick Bora,Sanjay Bembalkar,Gaurav Chopra,Pratik Dharmshi.
    The minimum initial investment is  ₹1000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Hardick Bora
    Hardick Bora
    i
    Lead Fund Manager.
    Mar 30, 2020 - Present
    • Fund Manager Rank20Out of 25
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed13
    • Total AUM₹ 11,348.50 Cr
    • Highest Return In 1 Yr6.60 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Multicap Fund Direct Growth
    --
    ₹ 16.55
    4.15%
    3.45%
    Very High Risk
    ₹1,065.00Cr
    Union Value Discovery Fund Direct Growth
    ₹ 30.64
    5.08%
    3.42%
    Very High Risk
    ₹302.40Cr
    Union Largecap Fund Direct Growth
    ₹ 25.35
    3.43%
    3.37%
    Very High Risk
    ₹442.16Cr
    Union Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.55
    • Fund Size₹1,065.00Cr
    Fund Return4.15%
    Category Return3.45%
    Union Value Discovery Fund Direct Growth
    Very High Risk
    • NAV₹ 30.64
    • Fund Size₹302.40Cr
    Fund Return5.08%
    Category Return3.42%
    Union Largecap Fund Direct Growth
    Very High Risk
    • NAV₹ 25.35
    • Fund Size₹442.16Cr
    Fund Return3.43%
    Category Return3.37%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Sanjay Bembalkar
    Sanjay Bembalkar
    i
    Lead Fund Manager.
    Jan 25, 2023 - Present
    • Schemes managed13
    • Total AUM₹ 11,348.50 Cr
    • Highest Return In 1 Yr6.60 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Multicap Fund Direct Growth
    --
    ₹ 16.55
    4.15%
    3.45%
    Very High Risk
    ₹1,065.00Cr
    Union Value Discovery Fund Direct Growth
    ₹ 30.64
    5.08%
    3.42%
    Very High Risk
    ₹302.40Cr
    Union Largecap Fund Direct Growth
    ₹ 25.35
    3.43%
    3.37%
    Very High Risk
    ₹442.16Cr
    Union Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.55
    • Fund Size₹1,065.00Cr
    Fund Return4.15%
    Category Return3.45%
    Union Value Discovery Fund Direct Growth
    Very High Risk
    • NAV₹ 30.64
    • Fund Size₹302.40Cr
    Fund Return5.08%
    Category Return3.42%
    Union Largecap Fund Direct Growth
    Very High Risk
    • NAV₹ 25.35
    • Fund Size₹442.16Cr
    Fund Return3.43%
    Category Return3.37%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Gaurav Chopra
    Gaurav Chopra
    i
    Lead Fund Manager.
    Jan 25, 2023 - Present
    • Schemes managed5
    • Total AUM₹ 4,637.56 Cr
    • Highest Return In 1 Yr5.29 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Midcap Fund Direct Growth
    ₹ 51.47
    3.02%
    3.42%
    Very High Risk
    ₹1,346.58Cr
    Union Value Discovery Fund Direct Growth
    ₹ 30.64
    5.08%
    3.42%
    Very High Risk
    ₹302.40Cr
    Union Balanced Advantage Fund Direct Growth
    ₹ 21.93
    2.33%
    2.04%
    Moderately High risk
    ₹1,383.05Cr
    Union Midcap Fund Direct Growth
    Very High Risk
    • NAV₹ 51.47
    • Fund Size₹1,346.58Cr
    Fund Return3.02%
    Category Return3.42%
    Union Value Discovery Fund Direct Growth
    Very High Risk
    • NAV₹ 30.64
    • Fund Size₹302.40Cr
    Fund Return5.08%
    Category Return3.42%
    Union Balanced Advantage Fund Direct Growth
    Moderately High risk
    • NAV₹ 21.93
    • Fund Size₹1,383.05Cr
    Fund Return2.33%
    Category Return2.04%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Pratik Dharmshi
    Pratik Dharmshi
    i
    Lead Fund Manager.
    Dec 9, 2024 - Present
    • Schemes managed6
    • Total AUM₹ 4,641.91 Cr
    • Highest Return In 1 Yr4.83 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Large & Midcap Fund Direct Growth
    ₹ 27.60
    3.18%
    3.38%
    Very High Risk
    ₹823.92Cr
    Union Focused Fund Direct Growth
    ₹ 27.15
    3.98%
    3.17%
    Very High Risk
    ₹400.19Cr
    Union Midcap Fund Direct Growth
    ₹ 51.47
    3.02%
    3.42%
    Very High Risk
    ₹1,346.58Cr
    Union Large & Midcap Fund Direct Growth
    Very High Risk
    • NAV₹ 27.60
    • Fund Size₹823.92Cr
    Fund Return3.18%
    Category Return3.38%
    Union Focused Fund Direct Growth
    Very High Risk
    • NAV₹ 27.15
    • Fund Size₹400.19Cr
    Fund Return3.98%
    Category Return3.17%
    Union Midcap Fund Direct Growth
    Very High Risk
    • NAV₹ 51.47
    • Fund Size₹1,346.58Cr
    Fund Return3.02%
    Category Return3.42%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on May, 2025
    EQUITY (97.86%)
    DEBT (0.05%)
    CASH (2.08%)
    Allocation by Market Cap
    Large Cap(15.56%)
    Mid Cap(67.69%)
    Small Cap(14.09%)
    Industry Holdings
    • Auto Parts7.13%
    • Banks Regional6.88%
    • Drug Manufacturers Specialty Generic6.16%
    • Diversified Industrials5.91%
    • Information Technology Services5.72%
    • Medical Care4.03%
    Stock Holdings
    • The Federal Bank Ltd3.76%
    • Max Financial Services Ltd3.38%
    • Dixon Technologies (India) Ltd2.25%
    • Indian Bank2.21%
    • Bharat Electronics Ltd2.20%
    • Fortis Healthcare Ltd2.13%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -1.18
      This Fund
      VS
      -0.12
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      88.51
      This Fund
      VS
      90.49
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.92
      This Fund
      VS
      0.92
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.15
      This Fund
      VS
      1.23
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.91
      This Fund
      VS
      2.14
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      16.33
      This Fund
      VS
      16.24
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Invesco India Mid Cap Fund Direct Plan Growth OptionInvesco India Mid Cap Fund Direct Plan Growth Option
    ₹ 215.71
    4.97%
    3.42%
    Very High Risk
    ₹ 6,641.11 Cr
    Tata Mid Cap Growth Fund Direct Plan GrowthTata Mid Cap Growth Fund Direct Plan Growth
    ₹ 498.40
    4.91%
    3.42%
    Very High Risk
    ₹ 4,701.47 Cr
    Mirae Asset Midcap Fund Direct GrowthMirae Asset Midcap Fund Direct Growth
    ₹ 39.46
    4.71%
    3.42%
    Very High Risk
    ₹ 15,414.99 Cr
    Edelweiss Mid Cap Fund Direct Plan Growth OptionEdelweiss Mid Cap Fund Direct Plan Growth Option
    ₹ 120.46
    4.48%
    3.42%
    Very High Risk
    ₹ 10,027.89 Cr
    ICICI Prudential MidCap Fund Direct Plan GrowthICICI Prudential MidCap Fund Direct Plan Growth
    ₹ 341.21
    4.35%
    3.42%
    Very High Risk
    ₹ 6,420.71 Cr
    HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option
    ₹ 217.53
    4.35%
    3.42%
    Very High Risk
    ₹ 79,717.67 Cr
    Invesco India Mid Cap Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 215.71
    • Fund Size₹ 6,641.11 Cr
    Fund Return4.97%
    Category Return3.42%
    Tata Mid Cap Growth Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 498.40
    • Fund Size₹ 4,701.47 Cr
    Fund Return4.91%
    Category Return3.42%
    Mirae Asset Midcap Fund Direct Growth
    Very High Risk
    • NAV₹ 39.46
    • Fund Size₹ 15,414.99 Cr
    Fund Return4.71%
    Category Return3.42%
    Edelweiss Mid Cap Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 120.46
    • Fund Size₹ 10,027.89 Cr
    Fund Return4.48%
    Category Return3.42%
    ICICI Prudential MidCap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 341.21
    • Fund Size₹ 6,420.71 Cr
    Fund Return4.35%
    Category Return3.42%
    HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option
    Very High Risk
    • NAV₹ 217.53
    • Fund Size₹ 79,717.67 Cr
    Fund Return4.35%
    Category Return3.42%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Union Small Cap Fund Direct GrowthUnion Small Cap Fund Direct Growth
    ₹ 54.49
    5.11%
    3.87%
    Very High Risk
    ₹ 1,468.36 Cr
    Union Value Discovery Fund Direct GrowthUnion Value Discovery Fund Direct Growth
    ₹ 30.64
    5.08%
    3.42%
    Very High Risk
    ₹ 302.40 Cr
    Union Multicap Fund Direct GrowthUnion Multicap Fund Direct Growth
    --
    ₹ 16.55
    4.15%
    3.45%
    Very High Risk
    ₹ 1,065.00 Cr
    Union Retirement Fund Direct GrowthUnion Retirement Fund Direct Growth
    --
    ₹ 16.48
    4.11%
    --
    Very High Risk
    ₹ 160.70 Cr
    Union Focused Fund Direct GrowthUnion Focused Fund Direct Growth
    ₹ 27.15
    3.98%
    3.17%
    Very High Risk
    ₹ 400.19 Cr
    Union Tax saver (ELSS) Fund Direct Plan Growth OptionUnion Tax saver (ELSS) Fund Direct Plan Growth Option
    ₹ 71.32
    3.93%
    3.20%
    Very High Risk
    ₹ 904.12 Cr
    Union Small Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 54.49
    • Fund Size₹ 1,468.36 Cr
    1 Month Return5.11%
    Category Return3.87%
    Union Value Discovery Fund Direct Growth
    Very High Risk
    • NAV₹ 30.64
    • Fund Size₹ 302.40 Cr
    1 Month Return5.08%
    Category Return3.42%
    Union Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.55
    • Fund Size₹ 1,065.00 Cr
    1 Month Return4.15%
    Category Return3.45%
    Union Retirement Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.48
    • Fund Size₹ 160.70 Cr
    1 Month Return4.11%
    Category Return--
    Union Focused Fund Direct Growth
    Very High Risk
    • NAV₹ 27.15
    • Fund Size₹ 400.19 Cr
    1 Month Return3.98%
    Category Return3.17%
    Union Tax saver (ELSS) Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 71.32
    • Fund Size₹ 904.12 Cr
    1 Month Return3.93%
    Category Return3.20%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Union Asset Management Co. Pvt. Ltd.
    Union Asset Management Co. Pvt. Ltd. manages assets worth ₹ 20,478.64 crores. It’s current offering of mutual fund schemes includes 12 equity, 8 debt and 9 hybrid schemes.
    phone icon
    Phone
    +91 022 67483333
    mail icon
    Email
    investorcare@unionmf.com
    aum
    AUM
    ₹ 20,478.64 Cr (
    As on May 31, 2025
    )
    location
    Address
    Unit 802, 8th Floor, Tower ‘A’, Mumbai,400013

    bt_logoFAQ's

    What is the category of Union Midcap Fund Direct Growth ?
    The category of Union Midcap Fund Direct Growth is Equity - Mid-Cap
    What is the current NAV of Union Midcap Fund Direct Growth ?
    The current NAV of Union Midcap Fund Direct Growth as on Jul 04, 2025 is ₹51.47
    How safe is Union Midcap Fund Direct Growth ?
    The risk level of Union Midcap Fund Direct Growth is Very High.
    What are short term returns given by Union Midcap Fund Direct Growth ?
    The return given by Union Midcap Fund Direct Growth in 1 month is 3.02%, 3 months is 17.11%, 6 months is 0.39%, and 1 year is 4.25%
    What are the long term returns given by Union Midcap Fund Direct Growth ?
    The return given by Union Midcap Fund Direct Growth in 3 years is 26.07% and 5 years is 31.36%.
    What is the expense ratio of Union Midcap Fund Direct Growth ?
    The expense ratio of Union Midcap Fund Direct Growth is 0.83%
    What is the AUM of Union Midcap Fund Direct Growth ?
    The assets under Management (AUM) of Union Midcap Fund Direct Growth is Rs 1,346.58 crores.
    What is the minimum investment in Union Midcap Fund Direct Growth ?
    The minimum Lumpsum investment in Union Midcap Fund Direct Growth is ₹1,000.00 and the minimum SIP investment in Union Midcap Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Union Midcap Fund Direct Growth?
    Union Midcap Fund Direct Growth has an exposure of 97.86% in Equity, 0.05% in Debt and 2.08% in Cash & Money Market Securities

    bt_logoCALCULATORS

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