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 #29 of 41 in category.
Fund basics
| Category | Equity: Large & Mid Cap |
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| NAV | ₹24.96 (as of 2026-10-23) |
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| AUM | ₹969 Cr |
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| Expense ratio | 1.93% |
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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 | 0.37 |
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| Standard deviation | 15.65% |
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| Max drawdown | −35.71% |
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| Alpha | 1.74 |
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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 | 44.8% |
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| Mid cap | 39.3% |
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| Small cap | 15.9% |
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Concentration
| Top 5 holdings | 15.2% |
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| Top 10 holdings | 25.7% |
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| Total holdings | 79 |
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| Index overlap | 36.5% |
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| Active share | 63.5% |
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Top holdings
- ICICI Bank Ltd. — 4.8%
- HDFC Bank Ltd. — 2.9%
- Indo Mim Ltd — 2.6%
- One 97 Communications Limited — 2.5%
- Bharti Airtel Ltd. — 2.3%
- Eternal Limited — 2.3%
- AXIS Bank Ltd. — 2.2%
- TREPS — 2.1%
- JSW Infrastructure Limited — 2.1%
- JINDAL STEEL LIMITED — 2.0%
Top sectors
- Banking & Financial — 19.1%
- Energy — 8.4%
- Pharma & Biotech — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.5% | Q1 (Top) | #6 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 |