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 #38 of 53 in category.
Fund basics
| Category | Equity: Flexi Cap |
|---|
| NAV | ₹50.24 (as of 2026-10-01) |
|---|
| AUM | ₹2,404 Cr |
|---|
| Expense ratio | 1.71% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Sanjay Bembalkar |
|---|
| Exit load | 1% for redemption within 15 days |
|---|
Performance & risk
| 5-year annualised return | 8.35% |
|---|
| Sharpe ratio | 0.44 |
|---|
| Standard deviation | 14.77% |
|---|
| Max drawdown | −35.43% |
|---|
| Alpha | -0.36 |
|---|
| Beta | 0.94 |
|---|
Over 5 years, captured 92.5% of Nifty 500's upside and 93.6% of its downside.
Market cap allocation
| Large cap | 53.8% |
|---|
| Mid cap | 16.1% |
|---|
| Small cap | 30.1% |
|---|
Concentration
| Top 5 holdings | 20.0% |
|---|
| Top 10 holdings | 30.9% |
|---|
| Total holdings | 73 |
|---|
| Index overlap | 35.7% |
|---|
| Active share | 64.3% |
|---|
Top holdings
- ICICI Bank Ltd. — 6.6%
- HDFC Bank Ltd. — 3.8%
- AXIS Bank Ltd. — 3.7%
- State Bank Of India — 3.5%
- TREPS — 3.2%
- Bharti Airtel Ltd. — 2.5%
- Ather Energy Limited — 2.3%
- Bajaj Finance Limited — 2.3%
- Eternal Limited — 2.1%
- One 97 Communications Limited — 2.1%
Top sectors
- Banking & Financial — 22.3%
- Pharma & Biotech — 9.5%
- Automobile — 8.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −3.5% | Q2 | #23 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 |