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 | ₹58.39 (as of 2026-10-01) |
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| AUM | ₹2,402 Cr |
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| Expense ratio | 1.70% |
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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 | 0.62 |
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| Standard deviation | 19.38% |
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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 86.9% of NIFTY Smallcap 250's upside and 71.0% of its downside.
Market cap allocation
| Large cap | 4.2% |
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| Mid cap | 17.4% |
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| Small cap | 78.3% |
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Concentration
| Top 5 holdings | 16.5% |
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| Top 10 holdings | 29.2% |
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| Total holdings | 79 |
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| Index overlap | 27.0% |
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| Active share | 73.0% |
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Top holdings
- Navin Fluorine International Limited — 3.7%
- Karur Vysya Bank Ltd. — 3.4%
- Gabriel India Ltd. — 3.3%
- Multi Commodity Exchange of India Ltd — 3.2%
- GE Vernova T&D India Limited — 3.0%
- S.J.S. Enterprises Limited — 2.8%
- Kirloskar Oil Engines Limited — 2.7%
- Hindustan Copper Ltd. — 2.4%
- Azad Engineering Limited — 2.4%
- Data Patterns (India) Limited — 2.4%
Top sectors
- Banking & Financial — 16.4%
- Industrial Products — 10.9%
- Automobile — 10.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 19.7% | Q1 (Top) | #4 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 |