3 Year return

13.3%
NAV on Nov 19 2024 25.85
1D Returns +0.19%
Launched on November 2019 (5 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹833.86 Cr.

Expense Ratio

0.89% (inclusive of GST)

Exit Load

1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

Union Mutual Fund Managers

VP

Vinay Paharia

Fund Manager since Mar 2024

View Details

Fund House Details

Union Mutual Fund

Union Mutual Fund Asset management company

AUM ₹18,874.86 Cr.
No. of Schemes 77
Setup Date 23rd March 2011

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

Motilal Oswal Large and Midcap Fund

25.16%

0

Bandhan Core Equity Fund

22.73%

3.5

Quant Large and Mid Cap Fund

20.91%

4

Schemes by Union Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Union Large and Midcap Fund Direct Plan Growth

Union Large and Midcap Fund, managed by Union Mutual Fund, falls within the category of large and midcap funds, aiming to provide growth potential through investments in both large and mid-sized companies. This direct plan offers a growth option, allowing your investment to appreciate without dividend payouts. The fund maintains an expense ratio that is slightly higher than the category average.

Investment Objective of the Scheme

The scheme's primary objective is to offer investors growth potential by investing in a mix of large and mid-sized companies. Union Large and Midcap Fund Direct Plan Growth aims to achieve this by selecting companies that display strong growth prospects across market capitalisations. The fund focuses on generating capital appreciation over the long term while benefiting from a diversified portfolio.

Key Features of The Fund

5-year return NA
Expense Ratio 0.89%
Fund Manager Vinay Paharia
Fund Size ₹833.86 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you're interested in a balanced exposure to both large and mid-sized companies, Union Large and Midcap Fund Direct Plan Growth could be a suitable choice. This fund caters to individuals seeking growth potential while maintaining a diversified portfolio. Consider your financial goals and risk tolerance before considering this fund. Consulting financial experts can provide personalised guidance for well-informed decisions.

AMC Contact Details

Name Union Mutual Fund
Launch Date 23rd March 2011
Addresss Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact (022) 6748 3300
Email investorcare@unionmf.com
Website https://www.unionmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest With Confidence, Choose the Right SIP

Assess your risk tolerance through a straightforward questionnaire and craft a SIP plan that aligns perfectly with your financial aspirations. With a clear understanding of your risk appetite, you can make informed investment choices tailored to your unique circumstances. By striking the right balance, you'll pave the way for long-term financial stability and success. Use our SIP return calculator for aid.

FAQs

What is today's NAV of Union Large and Midcap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Union Large and Midcap Fund Nov 19 2024 is 25.85

What is the AUM of Union Large and Midcap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Union Large and Midcap Fund is 833.86 crore.

What is the expense ratio of Union Large and Midcap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Union Large and Midcap Fund is 0.89%

What are the returns of Union Large and Midcap Fund since inception?

The Union Large and Midcap Fund was launched on Nov 15 2019. The fund has delivered a CAGR of 21.11 since inception.

What is the minimum SIP amount to invest in Union Large and Midcap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Union Large and Midcap Fund is 500.

How do I invest in Union Large and Midcap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Union Large and Midcap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Union Large and Midcap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Union Large and Midcap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.
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