Union Value Fund
The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).
Growthvine rating: 3/5 — ranked #12 of 24 in category.
Fund basics
| Category | Equity: Value |
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| NAV | ₹27.19 (as of 2026-10-01) |
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| AUM | ₹395 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Vinod Malviya |
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| Exit load | 1% for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 10.23% |
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| Sharpe ratio | 0.5 |
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| Standard deviation | 14.40% |
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| Max drawdown | −37.73% |
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| Alpha | 1.36 |
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| Beta | 0.91 |
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Over 5 years, captured 95.6% of Nifty 500's upside and 86.9% of its downside.
Market cap allocation
| Large cap | 57.5% |
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| Mid cap | 16.8% |
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| Small cap | 25.7% |
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Concentration
| Top 5 holdings | 20.6% |
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| Top 10 holdings | 34.0% |
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| Total holdings | 65 |
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| Index overlap | 38.9% |
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| Active share | 61.1% |
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Top holdings
- ICICI Bank Ltd. — 6.7%
- HDFC Bank Ltd. — 3.9%
- Reliance Industries Ltd — 3.8%
- TREPS — 3.6%
- State Bank Of India — 3.1%
- AXIS Bank Ltd. — 3.1%
- NTPC Limited — 3.0%
- Shriram Finance Limited — 2.9%
- Bharti Airtel Ltd. — 2.9%
- Maruti Suzuki India Ltd. — 2.4%
Top sectors
- Banking & Financial — 23.2%
- Software & Services — 7.2%
- Automobile — 7.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.6% | Q2 | #12 of 23 |
| 2025 | 6.7% | Q2 | #10 of 22 |
| 2024 | 16.7% | Q4 (Bottom) | #17 of 21 |
| 2023 | 33.3% | Q2 | #10 of 19 |
| 2022 | 4.9% | Q2 | #9 of 18 |