Union Small Cap Fund Direct Growth
Equity
Direct
Small-Cap
NAV as on 23-12-2024
₹ 55.89
1D
Inception Returns
17.9%
/yr
About Union Small Cap Fund Direct Growth
Union Small Cap Fund Direct Growth is an equity fund. This fund was started on 10 June, 2014. The fund is managed by Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Small Cap Fund Direct Growth has ₹5842 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Union Small Cap Fund Direct Growth has given a CAGR return of 17.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.49%, 24.02% and 31.43% respectively.
Holdings
Union Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Tech, Basic Materials, Financial Services, Health, Real Estate, Utilities, Consumer Defensive. Its top holdings are Garware Hi-Tech Films Ltd, SJS Enterprises Ltd, Kirloskar Pneumatic Co Ltd, Blue Star Ltd, CarTrade Tech Ltd
Taxation
As it is a small-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Union Small Cap Fund Direct Growth
To achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities, predominantly of small cap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Small Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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416 people have invested ₹ 40.7L in Union Small Cap Fund Direct Growth in the last three months
INDmoney Rank for Union Small Cap Fund Direct Growth
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IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Union Small Cap Fund Direct Growth Overview
| Expense ratio | 0.97% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹5842 Cr |
| Inception Date | 10 June, 2014 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 126.04% |
| 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 |
Trailing Returns
as on (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
Small cap
82.9%
Mid cap
10.3%
Sector Allocation
Industrial
32.1%
Consumer Cyclical
21.4%
Tech
13.6%
Basic Materials
10.6%
Financial Services
8.8%
Health
6.5%
Real Estate
2.6%
Utilities
2.3%
Consumer Defensive
2.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.11% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -1.24% as on Nov'24
- This fund outperformed Nifty Smallcap 250 by 2.35% in Nov'24
- AUM of the fund stands at 5.8K Cr as of Nov'24
- AUM increased by 489.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Garware Hi-Tech Films Ltd's allocation increased from 2.42% to 2.86%
KEC International Ltd's allocation increased from 0.63% to 1.03%
CarTrade Tech Ltd's allocation increased from 1.56% to 1.92%
Top Stocks sold last month
Blue Star Ltd's allocation decreased from 2.24 % to 2.17 %
Multi Commodity Exchange of India Ltd's allocation decreased from 1.9 % to 1.77 %
Neogen Chemicals Ltd's allocation decreased from 1.8 % to 1.7 %
Small Cap allocation has gone down from 85% to 82.9%
Mid Cap allocation has gone down from 10.5% to 10.3%
Cash allocation has gone up from 4.5% to 6.1%
Top 3 Sectors in November were Industrial, Consumer Cyclical & Tech
Nov'24
Industrial
32%
Consumer Cyclical
21%
Tech
14%
Oct'24
Industrial
31%
Consumer Cyclical
21%
Tech
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 KFin Technologies Ltd | 38.7% |
 Cartrade Tech Ltd | 20.8% |
 Garware Hi Tech Films Ltd | 14% |
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Sanjay Bembalkar
Fund Manager of Union Small Cap Fund Direct Growth, since 25 January 2023
Top funds managed
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹23.28K Cr
as on 29-Nov-2024
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
Over the last 6 months, this fund has experienced a 42.0% growth in AUM moving from 4.11K Cr to 5.84K Cr.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 51.22% return, outperforming this fund by 23.74%.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 47.53% return, outperforming this fund by 16.09% per annum.
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 32.63% return, outperforming this fund by 8.62% per annum.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.97% which is lower than the category average expense ratio of 1.15%.
Union Small Cap 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 17.86% since inception which is less than its category average return of 20.9%
Fund Allocations
This fund has an allocation of 93.88% in Equity, 0% in Debt and 6.12% in Cash related instruments
AUM size ₹5842 Cr
This fund has AUM of ₹5842 Cr which is less than its category average of ₹ 8149 Cr
Expense Ratio 0.97%
This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions for Union Small Cap Fund Direct Growth
The current NAV of Union Small Cap Fund Direct Growth is ₹55.89 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Union Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.7% | 6.7% |
6 Month Returns | 10.61% | 10.61% |
1 Year Returns | 27.49% | 27.49% |
3 Years Returns | 90.73% | 24.02% |
5 Years Returns | 292.21% | 31.43% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.97% as on November 2024
₹5842 Cr as on November 2024
Garware Hi-Tech Films Ltd(2.86%), SJS Enterprises Ltd(2.41%), Kirloskar Pneumatic Co Ltd(2.23%), Blue Star Ltd(2.17%), CarTrade Tech Ltd(1.92%) as on November 2024
Industrial(30.15%), Consumer Cyclical(20.07%), Tech(12.74%) as on November 2024
The alpha ratio for the Union Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Small Cap Fund Direct Growth | -2.02 | 1.2 | 1.78 |
As on November 2024
The alpha for Union Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Small Cap Fund Direct Growth | 0.68 | 0.76 | 0.83 |
As on November 2024
The Beta for Union Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Small Cap Fund Direct Growth | 1.26 | 1.08 | 1.16 |
As on November 2024
The sharpe ratio for Union Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Small Cap Fund Direct Growth | 12.82 | 14.69 | 20.93 |
As on November 2024
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 2.14 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sanjay Bembalkar is the fund manager of Union Small Cap Fund Direct Growth
The Exit load of Union Small Cap Fund Direct Growth is 1%