Union Large & MidCap Fund
The scheme seeks to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies.
Growthvine rating: 2/5 — ranked #31 of 41 in category.
Fund basics
| Category | Equity: Large & Mid Cap |
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| NAV | ₹26.08 (as of 2026-10-01) |
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| AUM | ₹983 Cr |
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| Expense ratio | 1.92% |
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| Riskometer | Very High |
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| Fund manager | Pratik Dharmshi |
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| Exit load | 1% for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 9.47% |
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| Sharpe ratio | 0.52 |
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| Standard deviation | 15.21% |
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| Max drawdown | −35.71% |
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| Alpha | 0.56 |
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| Beta | 0.95 |
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Over 5 years, captured 90.4% of NIFTY LargeMidcap 250's upside and 93.9% of its downside.
Market cap allocation
| Large cap | 45.2% |
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| Mid cap | 40.8% |
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| Small cap | 14.1% |
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Concentration
| Top 5 holdings | 14.6% |
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| Top 10 holdings | 24.8% |
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| Total holdings | 76 |
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| Index overlap | 37.4% |
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| Active share | 62.6% |
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Top holdings
- ICICI Bank Ltd. — 5.1%
- HDFC Bank Ltd. — 2.7%
- Bharti Airtel Ltd. — 2.3%
- One 97 Communications Limited — 2.3%
- Eternal Limited — 2.2%
- Max Financial Services Limited — 2.2%
- Shriram Finance Limited — 2.2%
- AXIS Bank Ltd. — 2.1%
- JINDAL STEEL LIMITED — 2.0%
- Multi Commodity Exchange of India Ltd — 1.9%
Top sectors
- Banking & Financial — 19.1%
- Automobile — 8.2%
- Pharma & Biotech — 7.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −0.2% | Q1 (Top) | #7 of 38 |
| 2025 | 2.2% | Q3 | #25 of 34 |
| 2024 | 20.6% | Q3 | #16 of 29 |
| 2023 | 26.6% | Q4 (Bottom) | #24 of 28 |
| 2022 | −3.2% | Q4 (Bottom) | #25 of 28 |