Union Small Cap Fund Direct Growth
Equity
Direct
Small-Cap
NAV as on 22-11-2024
₹ 53.11
1D
Inception Returns
17.2%
/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, Hardick Bora. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Small Cap Fund Direct Growth has ₹5353 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Union Small Cap Fund Direct Growth has given a CAGR return of 17.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.95%, 19.32% and 29.41% 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, Blue Star Ltd, Kirloskar Pneumatic Co Ltd, Multi Commodity Exchange of India 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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403 people have invested ₹ 23.4L in Union Small Cap Fund Direct Growth in the last three months
INDmoney Rank for Union Small Cap Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Union Small Cap Fund Direct Growth Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹5353 Cr |
| Inception Date | 10 June, 2014 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 126.04% |
| STCG | Redeeming 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Small cap
85%
Mid cap
10.5%
Sector Allocation
Industrial
31%
Consumer Cyclical
21.4%
Tech
13.4%
Basic Materials
10.9%
Financial Services
10%
Health
6.3%
Real Estate
2.4%
Utilities
2.4%
Consumer Defensive
2.2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -2.17% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.21% as on Oct'24
- This fund outperformed Nifty Smallcap 250 by 2.05% in Oct'24
- AUM of the fund stands at 5.4K Cr as of Oct'24
- AUM decreased by 23.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Karur Vysya Bank Ltd's allocation increased from 1.01% to 1.65%
Gujarat Industries Power Co Ltd's allocation increased from 0.25% to 0.72%
Kirloskar Pneumatic Co Ltd's allocation increased from 1.67% to 2.13%
Top Stocks sold last month
Blue Star Ltd's allocation decreased from 2.42 % to 2.24 %
Neogen Chemicals Ltd's allocation decreased from 1.85 % to 1.8 %
Gabriel India Ltd's allocation decreased from 2.02 % to 1.76 %
Mid Cap allocation has gone down from 10.7% to 10.5%
Small Cap allocation has gone down from 86% to 85%
Cash allocation has gone up from 3.2% to 4.5%
Top 3 Sectors in October were Industrial, Consumer Cyclical & Tech
Oct'24
Industrial
31%
Consumer Cyclical
21%
Tech
13%
Sep'24
Industrial
30%
Consumer Cyclical
21%
Tech
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Kirloskar Pneumatic Company Ltd | 10.4% |
 S J S Enterprises Ltd | 0.6% |
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Sanjay Bembalkar
Fund Manager of Union Small Cap Fund Direct Growth, since 25 January 2023
Top funds managed
Hardick Bora
Fund Manager of Union Small Cap Fund Direct Growth, since 25 October 2016
Top funds managed
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹22.24K Cr
as on 31-Oct-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 35.0% growth in AUM moving from 3.96K Cr to 5.35K Cr.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 45.91% return, outperforming this fund by 16.5% per annum.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.9% which is lower than the category average expense ratio of 1.15%.
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 27.22% return, outperforming this fund by 7.9% per annum.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 50.69% return, outperforming this fund by 31.73%.
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 17.22% since inception which is less than its category average return of 19.83%
Fund Allocations
This fund has an allocation of 95.49% in Equity, 0% in Debt and 4.51% in Cash related instruments
AUM size ₹5353 Cr
This fund has AUM of ₹5353 Cr which is less than its category average of ₹ 8062 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.19%
Frequently Asked Questions for Union Small Cap Fund Direct Growth
The current NAV of Union Small Cap Fund Direct Growth is ₹53.11 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Union Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.02% | -6.02% |
6 Month Returns | 9.22% | 9.22% |
1 Year Returns | 18.95% | 18.95% |
3 Years Returns | 69.86% | 19.32% |
5 Years Returns | 262.94% | 29.41% |
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.
0.9% as on October 2024
₹5353 Cr as on October 2024
Garware Hi-Tech Films Ltd(2.42%), SJS Enterprises Ltd(2.39%), Blue Star Ltd(2.24%), Kirloskar Pneumatic Co Ltd(2.13%), Multi Commodity Exchange of India Ltd(1.9%) as on October 2024
Industrial(29.57%), Consumer Cyclical(20.47%), Tech(12.77%) as on October 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 | -2.75 | 1.53 | 1.78 |
As on October 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 | 0.71 | 0.76 | 0.83 |
As on October 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 | 1.61 | 1.09 | 1.16 |
As on October 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 | 13.96 | 14.68 | 20.93 |
As on October 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 2.17 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Small Cap Fund Direct Growth
The Exit load of Union Small Cap Fund Direct Growth is 1%