EQUITY•MID CAP FUND
Union Midcap Fund Direct Plan IDCW Payout
3 Year return
19.11%
NAV on August 11, 2026
57.78
1D Returns
+0.32%
Launched on March 2020(6 years)
Investment Details
₹500
Minimum SIP Amount
₹1000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
35.75%₹1,287
Total Value ₹4,887
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹1,846.92 Cr.
Expense Ratio
1.14% (inclusive of GST)
Exit Load
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Union Mutual Fund Manager
GC
Gaurav Chopra
Fund Manager since Nov 2024
PD
Pratik Dharmshi
Fund Manager since Dec 2024
Fund House Details
Union Mutual Fund
Asset management company
AUM
₹28,513.11 Cr.
No. of Schemes
94
Setup Date
23rd March 2011
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal Midcap Fund | 20.5839% | 4.5 |
| Invesco India Midcap Fund | 26.1279% | 2 |
| HDFC Mid Cap Fund | 20.481% | 4 |
Schemes by Union Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The Union Midcap Fund Direct Plan IDCW Payout is a mid-cap equity mutual fund. It invests in a diversified portfolio of mid-cap stocks, which are companies with market capitalizations that are in the middle of the range of large-cap and small-cap companies. The Union Midcap Fund Direct Plan IDCW Payout is an open-ended fund. This means that the fund can issue and redeem units on a continuous basis. The expense ratio of the Union Midcap Fund Direct Plan IDCW Payout is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the Union Midcap Fund Direct Plan IDCW Payout is to generate long-term capital appreciation by investing in a diversified portfolio of mid-cap equity shares.
Key Features of The Fund
5-year return
17.0188%
Expense Ratio
1.14%
Fund Manager
Gaurav Chopra
Fund Size
₹1846.92 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The Union Midcap Fund Direct Plan IDCW Payout is suitable for investors who are looking to invest for the long term and who are comfortable with the risk of investing in mid-cap stocks. The fund is also suitable for investors who are looking for regular income from their investments, as it offers a dividend payout option. If you are looking for a long-term investment in mid-cap stocks, the Union Midcap Fund Direct Plan IDCW Payout is a good option to consider.
AMC Contact Details
| Name | Union Mutual Fund |
| Launch Date | 23rd March 2011 |
| Address | Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059 |
| Contact | (022) 6748 3300 |
| investorcare@unionmf.com | |
| Website | https://www.unionmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Explore Tax-Saving Investment Advantages With SIPs
You can deduct ₹1.5 lakh from your taxable income by investing in an Equity Linked Savings Scheme (ELSS) through SIP, as allowed by Section 80(C) of the Income Tax Act, 1961. With a SIP in ELSS, individuals whose income is in the highest tax bracket (30%) can save about ₹45,000 annually. Plan tax-efficient investments and estimate possible returns utilising systematic investment plan calculator.
FAQs
What is today's NAV of Union Midcap Fund Direct Plan IDCW Payout?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Union Midcap Fund Direct Plan IDCW Payout on August 11, 2026, is ₹57.78
What is the AUM of Union Midcap Fund Direct Plan IDCW Payout?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Union Midcap Fund Direct Plan IDCW Payout, is ₹1846.92 crore.
What is the expense ratio of Union Midcap Fund Direct Plan IDCW Payout?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Union Midcap Fund Direct Plan IDCW Payout is 1.14%
What are the returns of Union Midcap Fund Direct Plan IDCW Payout since inception?
The Union Midcap Fund Direct Plan IDCW Payout was launched on March 02, 2020. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Union Midcap Fund Direct Plan IDCW Payout?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Union Midcap Fund Direct Plan IDCW Payout is ₹500.
How do I invest in Union Midcap Fund Direct Plan IDCW Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Union Midcap Fund Direct Plan IDCW Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Union Midcap Fund Direct Plan IDCW Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Union Midcap Fund Direct Plan IDCW Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,887 in 3Y at 19.1113% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
By proceeding, you accept AngelOne's T&C
