Union Small Cap Fund
The scheme seeks to achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities, predominantly of small cap companies.
Growthvine rating: 2/5 — ranked #20 of 37 in category.
Fund basics
| Category | Equity: Small Cap |
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| NAV | ₹60.40 (as of 2026-08-21) |
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| AUM | ₹2,268 Cr |
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| Expense ratio | 1.72% |
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| Riskometer | Very High |
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| Fund manager | Gaurav Chopra |
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| Exit load | 1% for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 16.08% |
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| Sharpe ratio | 0.64 |
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| Standard deviation | 19.53% |
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| Max drawdown | -45.52% |
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| Alpha | 3.41 |
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| Beta | 0.84 |
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Over 5 years, captured 82.9% of NIFTY Smallcap 250's upside and 70.2% of its downside.
Market cap allocation
| Large cap | 4.5% |
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| Mid cap | 16.6% |
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| Small cap | 78.9% |
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Concentration
| Top 5 holdings | 17.1% |
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| Top 10 holdings | 30.3% |
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| Total holdings | 80 |
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| Index overlap | 27.2% |
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| Active share | 72.8% |
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Top holdings
- Gabriel India Ltd. — 3.7%
- Karur Vysya Bank Ltd. — 3.7%
- Navin Fluorine International Limited — 3.5%
- Kirloskar Oil Engines Limited — 3.1%
- S.J.S. Enterprises Limited — 3.1%
- GE Vernova T&D India Limited — 3.1%
- Multi Commodity Exchange of India Ltd — 2.8%
- Ujjivan Small Finance Bank Limited — 2.7%
- Data Patterns (India) Limited — 2.5%
- Azad Engineering Limited — 2.2%
Top sectors
- Banking & Financial — 18.0%
- Automobile — 11.1%
- Industrial Products — 10.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 23.8% | Q1 (Top) | #3 of 34 |
| 2025 | -4.7% | Q3 | #17 of 30 |
| 2024 | 23.6% | Q3 | #19 of 28 |
| 2023 | 41.4% | Q3 | #13 of 24 |
| 2022 | -1.0% | Q3 | #14 of 22 |