Historical NAV & Returns
Absolute
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26 people have invested ₹ 66K in Union Largecap Fund Direct Growth in the last three months
About Union Largecap Fund Direct Growth
Union Largecap Fund Direct Growth is an equity fund. This fund was started on 17 May, 2017. The fund is managed by Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Largecap Fund Direct Growth has ₹432 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
Union Largecap Fund Direct Growth has given a CAGR return of 10.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -2.83%, 9.94% and 20.29% respectively.
Holdings
Union Largecap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Energy, Basic Materials, Communication, Utilities, Health, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Union Largecap Fund Direct Growth
The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities of large cap companies. However, there can be no assurance that the Investment Objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Largecap Fund Direct Growth has no lock in period.
Union Largecap Fund Direct Growth Overview
| Expense ratio | 1.36% |
Benchmark | BSE 100 India TR INR |
| AUM | ₹432 Cr |
| Inception Date | 17 May, 2017 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 129.79% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Union Largecap Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
88.2%
Mid cap
10.1%
Sector Allocation
Financial Services
34.4%
Consumer Cyclical
13.8%
Tech
10.6%
Industrial
10%
Energy
6.9%
Communication
5.6%
Basic Materials
5.5%
Consumer Defensive
4.9%
Health
4.5%
Utilities
3.7%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.07% whereas the fund’s underlying benchmark Nifty 100 returns stands at 6.85% as on Mar'25
- This fund outperformed Nifty 100 by 0.22% in Mar'25
- AUM of the fund stands at 401.1 Cr as of Feb'25
- AUM decreased by 35.8 Cr between Feb'25 and Jan'25
Mid Cap allocation has gone down from 12.5% to 7.9%
Large Cap allocation has gone up from 81.9% to 86%
Cash allocation has gone up from 5.5% to 6.1%
Debt allocation has gone up from 0.1% to 0.1%
Top 3 Sectors in February were Financial Services, Tech & Industrial
Feb'25
Financial Services
34%
Consumer Cyclical
14%
Tech
11%
Jan'25
Financial Services
32%
Tech
14%
Industrial
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.6% | 0% | |
 ICICI Bank Ltd | 8.73% | 0% | |
 Reliance Industries Ltd | 5.41% | 8.9% | |
 Infosys Ltd | 4.96% | 0% | |
 Larsen & Toubro Ltd | 4.58% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Union Largecap Fund Direct Growth | -2.83% | 9.94% | 20.29% | 10.91% |
 DSP Top 100 Equity Fund Direct Plan Growth | 9.99% | 16.53% | 22.45% | 12.51% |
 Mirae Asset Large Cap Fund Direct Plan Growth | 3.8% | 9.93% | 20.96% | 15.83% |
 SBI Bluechip Fund Direct Growth | 3.41% | 11.7% | 22.38% | 14.96% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 5.6% |
 ICICI Bank Ltd | 5.4% |
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Sanjay Bembalkar
Fund Manager of Union Largecap Fund Direct Growth, since 7 June 2021
Top funds managed
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹40.98K Cr
as on 31-Mar-2025
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Website
investorcare@unionmf.com
Mutual Fund Insights
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 27.05% return, outperforming this fund by 6.76% per annum.
In the last 1 year, Motilal Oswal Large Cap Fund Direct Growth has given 19.68% return, outperforming this fund by 22.51%.
This fund expense ratio is slightly on the higher side within the category (large-cap). Its expense ratio is 1.36% which is higher than the category average expense ratio of 0.79%.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 17.02% return, outperforming this fund by 7.08% per annum.
Over the last 1 month, this fund has experienced a 7.6% growth in AUM moving from 401.13 Cr to 431.77 Cr.
Union Largecap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.91% since inception which is less than its category average return of 12.45%
Fund Allocations
This fund has an allocation of 98.25% in Equity, 0% in Debt and 1.75% in Cash related instruments
AUM size ₹432 Cr
This fund has AUM of ₹432 Cr which is less than its category average of ₹ 9866 Cr
Expense Ratio 1.36%
This fund has an expense ratio of 1.36% which is more than its category average expense ratio of 1.24%
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5Y CAGR
▲ 31.06
5Y CAGR
▲ 25.40
5Y CAGR
▲ 23.96
5Y CAGR
▲ 30.59
5Y CAGR
▲ 23.70
Frequently Asked Questions for Union Largecap Fund Direct Growth
The current NAV of Union Largecap Fund Direct Growth is ₹22.67 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
Union Largecap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.34% | 1.34% |
6 Month Returns | -9.86% | -9.86% |
1 Year Returns | -2.83% | -2.83% |
3 Years Returns | 32.88% | 9.94% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.36% as on March 2025
₹432 Cr as on March 2025
HDFC Bank Ltd(9.6%), ICICI Bank Ltd(8.73%), Reliance Industries Ltd(5.41%), Infosys Ltd(4.96%), Larsen & Toubro Ltd(4.58%) as on March 2025
Financial Services(35.15%), Consumer Cyclical(11.69%), Industrial(10.94%) as on March 2025
The alpha ratio for the Union Largecap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Largecap Fund Direct Growth | -3.51 | -0.64 | -0.88 |
As on March 2025
The alpha for Union Largecap Fund Direct Growth is calculated against BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Union Largecap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Largecap Fund Direct Growth | 0.88 | 0.92 | 0.95 |
As on March 2025
The Beta for Union Largecap Fund Direct Growth is calculated with BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Union Largecap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Largecap Fund Direct Growth | -0.19 | 0.43 | 1.1 |
As on March 2025
The sharpe ratio for Union Largecap Fund Direct Growth is calculated with BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Union Largecap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Largecap Fund Direct Growth | 14 | 13.25 | 14.83 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.68 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sanjay Bembalkar is the fund manager of Union Largecap Fund Direct Growth
The Exit load of Union Largecap Fund Direct Growth is 1%