Union Flexi Cap Fund
The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation.
Growthvine rating: 2/5 — ranked #35 of 52 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹53.20 (as of 2026-08-21) |
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| AUM | ₹2,376 Cr |
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| Expense ratio | 1.72% |
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| Riskometer | Very High |
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| Fund manager | Sanjay Bembalkar |
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| Exit load | 1% for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 11.14% |
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| Sharpe ratio | 0.4 |
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| Standard deviation | 14.75% |
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| Max drawdown | -35.43% |
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| Alpha | -0.36 |
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| Beta | 0.94 |
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Over 5 years, captured 91.0% of Nifty 500's upside and 93.7% of its downside.
Market cap allocation
| Large cap | 57.0% |
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| Mid cap | 16.3% |
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| Small cap | 26.6% |
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Concentration
| Top 5 holdings | 21.1% |
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| Top 10 holdings | 32.1% |
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| Total holdings | 70 |
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| Index overlap | 37.8% |
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| Active share | 62.2% |
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Top holdings
- ICICI Bank Ltd. — 6.6%
- HDFC Bank Ltd. — 4.6%
- AXIS Bank Ltd. — 3.9%
- State Bank Of India — 3.5%
- Bajaj Finance Limited — 2.5%
- Bharti Airtel Ltd. — 2.5%
- Dr. Lal Pathlabs Limited — 2.4%
- Gabriel India Ltd. — 2.0%
- Cholamandalam Investment and Finance Company Ltd — 2.0%
- Eternal Limited — 2.0%
Top sectors
- Banking & Financial — 23.6%
- Pharma & Biotech — 8.8%
- Automobile — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 2.2% | Q2 | #25 of 50 |
| 2025 | 3.0% | Q3 | #27 of 43 |
| 2024 | 16.8% | Q3 | #26 of 42 |
| 2023 | 27.5% | Q3 | #19 of 36 |
| 2022 | -1.2% | Q3 | #19 of 30 |