Union Largecap Fund
The scheme seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities of large cap companies.
Growthvine rating: 1/5 — ranked #39 of 42 in category.
Fund basics
| Category | Equity: Large Cap |
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| NAV | ₹21.43 (as of 2026-10-23) |
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| AUM | ₹408 Cr |
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| Expense ratio | 2.10% |
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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 | 5.50% |
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| Sharpe ratio | 0.06 |
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| Standard deviation | 14.15% |
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| Max drawdown | −36.37% |
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| Alpha | -1.47 |
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| Beta | 0.93 |
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Over 5 years, captured 90.5% of NIFTY 100's upside and 98.2% of its downside.
Market cap allocation
| Large cap | 83.9% |
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| Mid cap | 10.8% |
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| Small cap | 5.3% |
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Concentration
| Top 5 holdings | 30.1% |
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| Top 10 holdings | 45.3% |
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| Total holdings | 55 |
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| Index overlap | 62.3% |
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| Active share | 37.7% |
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Top holdings
- ICICI Bank Ltd. — 9.4%
- HDFC Bank Ltd. — 6.9%
- Reliance Industries Ltd — 5.3%
- Bharti Airtel Ltd. — 4.3%
- State Bank Of India — 4.2%
- Eternal Limited — 3.3%
- Torrent Pharmaceuticals Ltd. — 3.3%
- AXIS Bank Ltd. — 3.2%
- Infosys Ltd — 2.7%
- Mahindra & Mahindra Ltd. — 2.7%
Top sectors
- Banking & Financial — 29.8%
- Energy — 7.3%
- Automobile — 7.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.4% | Q2 | #20 of 39 |
| 2025 | 4.2% | Q4 (Bottom) | #32 of 36 |
| 2024 | 12.4% | Q4 (Bottom) | #27 of 32 |
| 2023 | 22.3% | Q3 | #21 of 32 |
| 2022 | −0.5% | Q3 | #21 of 28 |