Union Multicap Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Generated +2.0% annualized alpha (excess return) over its benchmark.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +5.58% | +5.58% | 0.00% |
| 3 Months | +0.74% | +0.66% | +0.08% |
| 6 Months | +8.54% | +7.75% | +0.79% |
| 1 Year | +8.67% | +6.20% | +2.47% |
| 3 Years CAGR | +14.20% | +14.36% | -0.16% |
| Since Inception | +16.87% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Union Multicap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +9.54% | +7.13% | +2.41% |
| 2025 | +2.65% | +2.69% | -0.04% |
| 2024 | +22.35% | +23.44% | -1.09% |
| 2023 | +31.94% | +31.30% | +0.64% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -5.76% | +16.87% | +9.54% | +45.40% | 91.5% | 68.5% |
| 3-Year Rolling | +12.20% | +16.09% | +15.96% | +19.89% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-23 | 2025-02-28 | -20.3% | 5 months | 16 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity Related Instruments of Large Cap entity(ies)# | 25% - 50% of net assets, Equity & Equity Related Instruments of Mid Cap entity(ies)#: 25% - 50% of net assets, Equity & Equity Related Instruments of Small Cap entity(ies)#: 25% - 50% of net assets, Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI: 0% - 25% 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 Investments in Derivatives – The Scheme may take equity derivatives positions and debt derivative positions up to 50% of the equity and debt assets of the Scheme, respectively. Please refer the Scheme Information Document for complete details. |
Investment Objective & Strategy
The investment objective of the Scheme is to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,621 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Multi Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Multi Cap Fund | 5.2 | +14.36% | 2.00% | 102.3% | Rs 7,586 cr | Compare → |
| Baroda BNP Paribas MULTI CAP FUND | 3.8 | +13.92% | 2.22% | 95.4% | Rs 3,514 cr | Compare → |
| Edelweiss Multi Cap Fund | 5.2 | +15.01% | 2.08% | 105.0% | Rs 3,569 cr | Compare → |
| SBI Multicap Fund | 5.8 | +12.79% | 1.82% | 86.9% | Rs 24,354 cr | Compare → |
| ITI Multi Cap Fund | 4.4 | +15.66% | 2.29% | 105.2% | Rs 1,589 cr | Compare → |
Frequently Asked Questions about Union Multicap Fund
What is the expense ratio of Union Multicap Fund?
Union Multicap Fund has a total expense ratio (TER) of 2.5% with a base expense ratio of 1.8%, compared to the Multi Cap category median of 2.21%.
Who manages Union Multicap Fund?
Union Multicap Fund is managed by Harshad Patwardhan.
What are the historical returns of Union Multicap Fund?
Union Multicap Fund delivered a 3-year CAGR of 14.2%. Its 1-year return stands at +8.67%.
How large is Union Multicap Fund?
Union Multicap Fund manages assets of Rs 1,621 cr, placing it in the 'small' size band relative to Multi Cap peers.
How is Union Multicap Fund scored on MFIQ?
Union Multicap Fund holds an MFIQ Score of 4.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Union Multicap Fund?
Union Multicap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.25% with a maximum historical drawdown of -20.27%.