Historical NAV & Returns
Absolute
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504 people have invested ₹ 53.2L in Union Small Cap Fund Direct Growth in the last three months
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 Pratik Dharmshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Small Cap Fund Direct Growth has ₹1444 Cr worth of assets under management (AUM) as on Mar 2025 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 15.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.62%, 16.19% and 31.90% respectively.
Holdings
Union Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Financial Services, Health, Tech, Real Estate, Consumer Defensive, Utilities. Its top holdings are Eureka Forbes Ltd, Ami Organics Ltd, Blue Star Ltd, J.B. Chemicals & Pharmaceuticals Ltd, Computer Age Management Services Ltd Ordinary Shares
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 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 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.
Union Small Cap Fund Direct Growth Overview
| Expense ratio | 0.98% |
Benchmark | S&P BSE 250 SmallCap Index TR INR |
| AUM | ₹1444 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 |
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
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Trailing Returns
as on (23-Apr-25)
Fund Distribution
as on (31-Mar-25)
Small cap
71.5%
Mid cap
25.6%
Sector Allocation
Industrial
28.2%
Consumer Cyclical
20.3%
Basic Materials
12.5%
Financial Services
12%
Health
11.4%
Tech
10.2%
Real Estate
2.7%
Consumer Defensive
1.3%
Utilities
1.3%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 9.11% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at 9.80% as on Mar'25
- This fund underperformed Nifty Smallcap 250 by 0.69% in Mar'25
- AUM of the fund stands at 1.4K Cr as of Mar'25
- AUM decreased by 3.9K Cr between Mar'25 and Feb'25
Top Stocks bought last month
KFin Technologies Ltd's allocation increased from 0.91% to 1.98%
Sagility India Ltd's allocation increased from 0.36% to 1.19%
Krishna Institute of Medical Sciences Ltd's allocation increased from 1.42% to 2.03%
Top Stocks sold last month
J.B. Chemicals & Pharmaceuticals Ltd's allocation decreased from 3 % to 2.88 %
KEI Industries Ltd's allocation decreased from 3.25 % to 2.28 %
SJS Enterprises Ltd's allocation decreased from 2.09 % to 2.01 %
Mid Cap allocation has gone down from 26.4% to 25.6%
Small Cap allocation has gone up from 70.2% to 71.5%
Cash allocation has gone down from 3.4% to 2.9%
Debt allocation has gone down from 0.1% to 0%
Top 3 Sectors in March were Industrial, Consumer Cyclical & Basic Materials
Mar'25
Industrial
28%
Consumer Cyclical
20%
Basic Materials
13%
Feb'25
Industrial
29%
Consumer Cyclical
21%
Basic Materials
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Eureka Forbes Ltd | 3.14% | 0% | |
 Ami Organics Ltd | 2.96% | 13.6% | |
 J.B. Chemicals & Pharmaceuticals Ltd | 2.88% | 4.1% | |
 Blue Star Ltd | 2.88% | 0% | |
 Computer Age Management Services Ltd Ordinary Shares | 2.61% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Union Small Cap Fund Direct Growth | 5.62% | 16.19% | 31.9% | 15.75% |
 Bandhan Small Cap Fund Direct Growth | 18.5% | 27.92% | 38.36% | 34.9% |
 UTI Small Cap Fund Direct Growth | 12.77% | 17.32% | - | 24.25% |
 Nippon India Small Cap Fund - Direct Plan - Growth Plan | 6.41% | 22.73% | 40.19% | 25.34% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Computer Age Management Services Ltd | 5.1% |
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Pratik Dharmshi
Fund Manager of Union Small Cap Fund Direct Growth, since 9 December 2024
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 3 years, Bandhan Small Cap Fund Direct Growth has given 27.92% return, outperforming this fund by 11.73% per annum.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 49.86% return, outperforming this fund by 17.97% per annum.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 18.5% return, outperforming this fund by 12.87%.
Over the last 1 month, this fund has experienced a 72.8% drop in AUM moving from 5.31K Cr to 1.44K Cr.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.98% which is lower than the category average expense ratio of 1.19%.
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 15.75% since inception which is less than its category average return of 18.01%
Fund Allocations
This fund has an allocation of 97.13% in Equity, 0% in Debt and 2.87% in Cash related instruments
AUM size ₹1444 Cr
This fund has AUM of ₹1444 Cr which is less than its category average of ₹ 9875 Cr
Expense Ratio 0.98%
This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.28%
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5Y CAGR
▲ 32.50
5Y CAGR
▲ 26.40
5Y CAGR
▲ 24.83
5Y CAGR
▲ 25.18
5Y CAGR
▲ 24.69
Frequently Asked Questions for Union Small Cap Fund Direct Growth
The current NAV of Union Small Cap Fund Direct Growth is ₹49.02 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
Union Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.81% | 2.81% |
6 Month Returns | -9.41% | -9.41% |
1 Year Returns | 5.62% | 5.62% |
3 Years Returns | 56.86% | 16.19% |
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.
0.98% as on March 2025
₹1444 Cr as on March 2025
Eureka Forbes Ltd(3.14%), Ami Organics Ltd(2.96%), Blue Star Ltd(2.88%), J.B. Chemicals & Pharmaceuticals Ltd(2.88%), Computer Age Management Services Ltd Ordinary Shares(2.61%) as on March 2025
Industrial(27.35%), Consumer Cyclical(19.71%), Basic Materials(12.18%) as on March 2025
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 | -1.23 | -1.77 | 0.94 |
As on March 2025
The alpha for Union Small Cap Fund Direct Growth is calculated against S&P BSE 250 SmallCap Index 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 | 0.94 | 0.85 | 0.83 |
As on March 2025
The Beta for Union Small Cap Fund Direct Growth is calculated with S&P BSE 250 SmallCap Index 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 | 0.13 | 0.52 | 1.38 |
As on March 2025
The sharpe ratio for Union Small Cap Fund Direct Growth is calculated with S&P BSE 250 SmallCap Index 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 | 24.44 | 18.3 | 18.33 |
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 0.77 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Pratik Dharmshi is the fund manager of Union Small Cap Fund Direct Growth
The Exit load of Union Small Cap Fund Direct Growth is 1%