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Mid cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
1 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
170 Cr. Small within the category
Positive. The category has a positive investment outlook
Consistency Of Performance
Consistently poor. The historical performance of the fund has been consistently poor
The investment objective of the Scheme is to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies.
Low to Moderate
Very High Risk
Mar 30, 2020
Launched (1y ago)
AUM in Crores
IISL NIFTY Midcap 100 TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 93,338||5.00%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Comparison with Equity Funds
About the AMC
Union Asset Management Co. Pvt. Ltd.
Union Asset Management Co. Pvt. Ltd. manages assets worth 5,733 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,30 debt and 12 hybrid funds.
₹ 436 Cr
₹ 845 Cr
₹ 845 Cr
₹ 845 Cr
₹ 845 Cr
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Union Midcap Fund (DR-A) is a mid cap equity fund and has delivered an annualised return of 104.4% over a period of 1 years ..The fund is managed by Union Asset Management Co. Pvt. Ltd..The fund managers are Hardick Bora, Vinay Paharia
The investment objective of the Scheme is to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies. However, there is no assurance that the objective of the scheme will be realized.
The Union Midcap Fund (DR-A) fund was launched on Mar 30, 2020. The NAV (Net Asset Value) of this mid cap equity as of 2021-03-04 is ₹ 21.35. The total AUM (Asset Under Management) of the fund as of 2021-03-04 is ₹ 169.682. The category risk of the Union Midcap Fund (DR-A) fund is Very High Risk. The fund charges 2.64 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 96.4% in this asset class. The top three holdings of the fund are 364 dtb 30032021,endurance technologies ltd and varun beverages ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 2000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL NIFTY Midcap 100 TR INR
Union Midcap Fund (DR-A) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Union Midcap Fund (DR-A) has a score of 2 out of 5. Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.