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 #39 of 56 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹48.76 (as of 2026-10-23) |
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| AUM | ₹2,320 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 | 8.35% |
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| Sharpe ratio | 0.28 |
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| Standard deviation | 15.22% |
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| Max drawdown | −35.43% |
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| Alpha | 0.11 |
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| Beta | 0.94 |
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Over 5 years, captured 92.5% of Nifty 500's upside and 93.6% of its downside.
Market cap allocation
| Large cap | 54.4% |
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| Mid cap | 13.2% |
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| Small cap | 32.4% |
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Concentration
| Top 5 holdings | 20.4% |
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| Top 10 holdings | 31.1% |
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| Total holdings | 73 |
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| Index overlap | 35.7% |
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| Active share | 64.3% |
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Top holdings
- ICICI Bank Ltd. — 6.3%
- TREPS — 5.1%
- HDFC Bank Ltd. — 4.5%
- AXIS Bank Ltd. — 3.7%
- State Bank Of India — 3.3%
- Bharti Airtel Ltd. — 2.6%
- Divis Laboratories Ltd. — 2.3%
- Eternal Limited — 2.2%
- Bajaj Finance Limited — 2.2%
- Gabriel India Ltd. — 2.0%
Top sectors
- Banking & Financial — 23.7%
- Pharma & Biotech — 10.1%
- Software & Services — 7.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.3% | Q2 | #22 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 |