Union Multicap Fund
NAV
₹17.87
as of 6 Oct 2026
Union Multicap Fund is an open-ended Multi Cap Fund scheme from Union Mutual Fund managing ₹1,467 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹17.87 as of 6 Oct 2026. The expense ratio is 1.44% a year. Managed by Sanjay Bembalkar. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.44% / yr
- as of 31 Aug 2026
- Fund size
- ₹1,467 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 19 Dec 2022
- ISIN
- INF582M01IO7
₹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 500 Multicap 50:25:25
Union Multicap Fund
₹177
+77% on ₹100 over 3.8 yrs
Multi Cap Fund average
₹173
+73% on ₹100 over 3.8 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -0.95% | -2.77% | +1.82 |
| 6 months | 10.22% | 13.77% | -3.55 |
| 1 year | 6.37% | 3.84% | +2.53 |
| 3 years (CAGR) | 13.95% | 13.75% | +0.20 |
Category average across 19 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
- -3.5%
- Median
- 12.2%
- Best
- 45.4%
35 windows over the last 46 months, stepped monthly; 94% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 13.7%
- Median
- 17.6%
- Best
- 19.9%
11 windows over the last 46 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)
- 0.67
- Sortino ratio (3Y)
- 1.01 vs category 0.88
- Standard deviation (3Y)
- 15.50%
- Beta (3Y)
- 0.91
- Alpha (3Y)
- 2.92%
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
-18.7%
Right now
-5.9% below peak
Ahead of its benchmark in 64% of months (window: 3y, monthly) – benchmark: NIFTY 500 Multicap 50:25:25, name shown only.
Where the money actually is
Equity
97.7%
Cash
2.3%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
77 positions · top 10 = 27.6%
Market-cap mix
Large 35.1%Mid 30.1%Small 32.4%Other 2.3%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)27.7%
- ICICI Bank Ltd4.98%
- HDFC Bank Ltd3.45%
- State Bank of India2.76%
- Karur Vysya Bank Ltd2.53%
Consumer Cyclical(2 in top 10)16.8%
- SJS Enterprises Ltd2.21%
- Gabriel India Ltd2.08%
Industrials(1 in top 10)15.4%
- Larsen & Toubro Ltd2.96%
Technology(1 in top 10)10.6%
- One97 Communications Ltd2.16%
Healthcare(1 in top 10)9.1%
- Fortis Healthcare Ltd2.41%
- Basic Materials6.1%
- Consumer Defensive4.3%
- 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 134.9% vs category 50.7% a year.
Other top holdings
- Treps2.99%
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)
- 28.2 vs category 25.8
- P/B
- 4.6 vs category 3.9
- Dividend yield
- 0.6% vs category 0.9%
- Net margin
- 16.7% vs category 16.0%
- Earnings growth
- 14.3%
- Avg market cap
- ₹95,811 crore
Money in, money out
- Net flow, 12 months
- +₹177 cr
- Net flow, 3 months
- +₹38 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union Multicap Fund?
- ₹17.87 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Multicap Fund?
- 1.44% a year for the Direct plan, as of 31 Aug 2026.
- How large is Union Multicap Fund?
- ₹1,467 crore under management as of 31 Jul 2026, in the Multi Cap Fund category.
- How risky is Union Multicap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Go-anywhere equity across company sizes. India's biggest active shelf.
- What is the worst 3-year return of Union Multicap Fund?
- 13.7% a year – the weakest of 11 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 17.6% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Union Multicap Fund?
- Sanjay Bembalkar, managing this fund for 3.7 years.
Where this fund sits
Its shelf, all funds
Fx · Flexi & multi cap →
Go-anywhere equity across company sizes. India's biggest active shelf.
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 Multi 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 500 Multicap 50:25:25) 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.