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 #38 of 41 in category.
Fund basics
| Category | Equity: Large Cap |
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| NAV | ₹23.43 (as of 2026-08-21) |
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| AUM | ₹437 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 | 9.24% |
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| Sharpe ratio | 0.22 |
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| Standard deviation | 13.60% |
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| Max drawdown | -36.37% |
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| Alpha | -1.72 |
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| Beta | 0.93 |
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Over 5 years, captured 92.7% of NIFTY 100's upside and 99.2% of its downside.
Market cap allocation
| Large cap | 89.5% |
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| Mid cap | 9.1% |
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| Small cap | 1.4% |
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Concentration
| Top 5 holdings | 30.8% |
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| Top 10 holdings | 46.5% |
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| Total holdings | 52 |
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| Index overlap | 66.0% |
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| Active share | 34.0% |
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Top holdings
- ICICI Bank Ltd. — 9.5%
- HDFC Bank Ltd. — 6.8%
- Reliance Industries Ltd — 5.4%
- State Bank Of India — 4.6%
- Bharti Airtel Ltd. — 4.4%
- Larsen & Toubro Limited — 3.7%
- Torrent Pharmaceuticals Ltd. — 3.3%
- AXIS Bank Ltd. — 3.0%
- Eternal Limited — 2.9%
- Mahindra & Mahindra Ltd. — 2.9%
Top sectors
- Banking & Financial — 28.4%
- Automobile — 6.8%
- Construction — 5.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -2.1% | Q2 | #15 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 |