Union Midcap Fund
NAV
₹58.57
as of 21 Aug 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 ₹58.57 as of 21 Aug 2026. The expense ratio is 0.67% a year. Managed by Gaurav Chopra. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.67% / yr
- as of 30 Jun 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 20 Aug 2026Benchmark: NIFTY Midcap 150 Index
Union Midcap Fund
₹229
+129% on ₹100 over 5.0 yrs
Mid Cap Fund average
₹229
+129% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 8.17% | 7.27% | +0.90 |
| 6 months | 10.31% | 10.05% | +0.26 |
| 1 year | 12.22% | 9.87% | +2.35 |
| 3 years (CAGR) | 19.51% | 19.78% | -0.27 |
| 5 years (CAGR) | 17.77% | 17.77% | 0.00 |
Category average across 29 funds, as of 21 Aug 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
- 11.3%
- 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
- 16.4%
- Median
- 20.9%
- Best
- 26.7%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.72
- Sharpe ratio (5Y)
- 0.69
- Sortino ratio (3Y)
- 1.08 vs category 1.05
- Standard deviation (3Y)
- 17.11%
- Beta (3Y)
- 0.91
- Alpha (3Y)
- 0.91%
- 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
At a 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
98.9%
Cash
1.1%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
76 positions · top 10 = 26.0%
Market-cap mix
Large 20.1%Mid 64.3%Small 14.4%Other 1.1%
as of 30 Jun 2026
Holdings by sector
Financial Services(4 in top 10)26.1%
- The Federal Bank Ltd4.00%
- Max Financial Services Ltd3.08%
- Nippon Life India Asset Management Ltd Ordinary Shares2.45%
- Shriram Finance Ltd2.09%
Industrials(2 in top 10)21.9%
- GE Vernova T&D India Ltd2.50%
- Bharat Heavy Electricals Ltd2.40%
- Consumer Cyclical14.1%
- Basic Materials9.9%
Healthcare(2 in top 10)9.3%
- Fortis Healthcare Ltd2.71%
- Ipca Laboratories Ltd2.45%
- Technology7.7%
Real Estate(1 in top 10)3.5%
- Phoenix Mills Ltd2.21%
Utilities(1 in top 10)2.1%
- JSW Energy Ltd2.13%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 193.8% vs category 54.0% 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)
- 36.1 vs category 32.0
- P/B
- 5.3 vs category 4.5
- Dividend yield
- 0.6% vs category 0.7%
- Net margin
- 16.7% vs category 16.4%
- Earnings growth
- 14.4%
- Avg market cap
- ₹69,467 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?
- ₹58.57 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Midcap Fund?
- 0.67% a year for the Direct plan, as of 30 Jun 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?
- 17.77% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 17.77%. Past returns do not predict future returns.
- What is the worst 3-year return of Union Midcap Fund?
- 16.4% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 20.9% 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 3.5 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.