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 #21 of 37 in category.
Fund basics
| Category | Equity: Small Cap |
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| NAV | ₹54.10 (as of 2026-10-23) |
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| AUM | ₹2,732 Cr |
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| Expense ratio | 1.69% |
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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 | 15.53% |
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| Sharpe ratio | 0.56 |
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| Standard deviation | 19.54% |
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| Max drawdown | −45.52% |
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| Alpha | 3.86 |
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| Beta | 0.84 |
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Over 5 years, captured 86.9% of NIFTY Smallcap 250's upside and 71.0% of its downside.
Market cap allocation
| Large cap | 4.1% |
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| Mid cap | 16.7% |
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| Small cap | 79.3% |
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Concentration
| Top 5 holdings | 15.4% |
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| Top 10 holdings | 27.8% |
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| Total holdings | 84 |
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| Index overlap | 27.5% |
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| Active share | 72.5% |
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Top holdings
- Navin Fluorine International Limited — 3.4%
- Gabriel India Ltd. — 3.1%
- Karur Vysya Bank Ltd. — 3.1%
- Multi Commodity Exchange of India Ltd — 3.0%
- Kirloskar Oil Engines Limited — 2.9%
- GE Vernova T&D India Limited — 2.7%
- Milky Mist Dairy Food Limited — 2.5%
- S.J.S. Enterprises Limited — 2.5%
- Azad Engineering Limited — 2.4%
- Ujjivan Small Finance Bank Limited — 2.2%
Top sectors
- Banking & Financial — 16.1%
- Industrial Products — 12.2%
- Energy — 11.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 10.9% | Q1 (Top) | #5 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 |