Union Multicap Fund
The Scheme seeks to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies.
Growthvine rating: 3/5 — ranked #9 of 34 in category.
Fund basics
| Category | Equity: Multi Cap |
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| NAV | ₹16.78 (as of 2026-10-01) |
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| AUM | ₹1,467 Cr |
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| Expense ratio | 1.81% |
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| Riskometer | Very High |
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| Fund manager | Harshad Patwardhan |
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| Exit load | 1% for redemption within 15 days |
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Performance & risk
| Sharpe ratio | 0.63 |
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| Standard deviation | 15.48% |
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| Max drawdown | −20.27% |
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| Alpha | 3.34 |
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| Beta | 0.89 |
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Over 5 years, captured 100.7% of NIFTY500 Multicap 50:25:25's upside and 89.8% of its downside.
Market cap allocation
| Large cap | 34.3% |
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| Mid cap | 33.8% |
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| Small cap | 32.0% |
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Concentration
| Top 5 holdings | 15.2% |
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| Top 10 holdings | 26.0% |
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| Total holdings | 74 |
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| Index overlap | 30.0% |
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| Active share | 70.0% |
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Top holdings
- ICICI Bank Ltd. — 4.5%
- TREPS — 4.4%
- HDFC Bank Ltd. — 2.9%
- Larsen & Toubro Limited — 2.9%
- One 97 Communications Limited — 2.6%
- Karur Vysya Bank Ltd. — 2.4%
- Bharti Airtel Ltd. — 2.3%
- COFORGE LIMITED — 2.2%
- S.J.S. Enterprises Limited — 2.2%
- Dixon Technologies (India) Limited — 2.2%
Top sectors
- Banking & Financial — 21.1%
- Automobile — 11.1%
- Pharma & Biotech — 6.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 3.3% | Q2 | #10 of 34 |
| 2025 | 2.7% | Q3 | #18 of 31 |
| 2024 | 22.4% | Q3 | #14 of 24 |
| 2023 | 31.9% | Q2 | #9 of 17 |