Union Midcap Fund
NAV
₹55.41
as of 6 Oct 2026
Union Midcap Fund is an open-ended Mid Cap Fund scheme from Union Mutual Fund managing ₹1,893 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹55.41 as of 6 Oct 2026. The expense ratio is 1.13% a year. Managed by Gaurav Chopra. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.13% / yr
- as of 31 Aug 2026
- Fund size
- ₹1,893 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 30 Mar 2020
- ISIN
- INF582M01GI3
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: NIFTY Midcap 150 Index
Union Midcap Fund
₹188
+88% on ₹100 over 5.0 yrs
Mid Cap Fund average
₹194
+94% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -1.85% | -3.67% | +1.82 |
| 6 months | 8.03% | 12.13% | -4.10 |
| 1 year | 5.02% | 4.35% | +0.67 |
| 3 years (CAGR) | 15.68% | 15.82% | -0.14 |
| 5 years (CAGR) | 13.85% | 13.98% | -0.13 |
Category average across 29 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -1.7%
- Median
- 12.9%
- Best
- 50.0%
49 windows over the last 60 months, stepped monthly; 94% ended positive. Worst window began 1 Feb 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 15.3%
- Median
- 20.1%
- Best
- 26.7%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.73
- Sharpe ratio (5Y)
- 0.70
- Sortino ratio (3Y)
- 1.09 vs category 1.04
- Standard deviation (3Y)
- 17.14%
- Beta (3Y)
- 0.91
- Alpha (3Y)
- 1.74%
- Deepest fall (5Y)
- -20.05%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-20.1%
Right now
-6.9% below peak
Ahead of its benchmark in 61% of months (window: 3y, monthly) – benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
98.5%
Cash
1.5%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
77 positions · top 10 = 24.4%
Market-cap mix
Large 15.0%Mid 67.9%Small 15.3%Other 1.8%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)24.6%
- The Federal Bank Ltd3.73%
- Max Financial Services Ltd2.85%
- Nippon Life India Asset Management Ltd Ordinary Shares2.47%
- Shriram Finance Ltd1.91%
Industrials(1 in top 10)18.7%
- Bharat Heavy Electricals Ltd2.09%
- Consumer Cyclical15.3%
Technology(2 in top 10)10.1%
- One97 Communications Ltd2.49%
- Coforge Ltd1.96%
- Basic Materials9.5%
Healthcare(2 in top 10)9.4%
- Fortis Healthcare Ltd2.70%
- Ipca Laboratories Ltd2.18%
Real Estate(1 in top 10)3.7%
- Phoenix Mills Ltd1.97%
- Communication Services3.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 193.8% vs category 50.8% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 32.5 vs category 32.5
- P/B
- 5.4 vs category 4.7
- Dividend yield
- 0.5% vs category 0.7%
- Net margin
- 16.2% vs category 16.2%
- Earnings growth
- 15.3%
- Avg market cap
- ₹65,911 crore
Money in, money out
- Net flow, 12 months
- +₹232 cr
- Net flow, 3 months
- +₹75 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union Midcap Fund?
- ₹55.41 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Midcap Fund?
- 1.13% a year for the Direct plan, as of 31 Aug 2026.
- How large is Union Midcap Fund?
- ₹1,893 crore under management as of 31 Jul 2026, in the Mid Cap Fund category.
- How risky is Union Midcap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
- What are the 5-year returns of Union Midcap Fund?
- 13.85% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 13.98%. Past returns do not predict future returns.
- What is the worst 3-year return of Union Midcap Fund?
- 15.3% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 20.1% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Union Midcap Fund?
- Gaurav Chopra, managing this fund for 3.6 years.
Where this fund sits
Its shelf, all funds
Mc · Mid cap →
Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Mid Cap Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Midcap 150 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.