EQUITY•MULTI CAP FUND
Union Multicap Fund Direct Plan IDCW Payout
3 Year return
16.85%
NAV on August 11, 2026
18.5
1D Returns
+0.07%
Launched on November 2022(4 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
30.81%₹1,109
Total Value ₹4,709
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹1,420.1 Cr.
Expense Ratio
1.43% (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
HP
Harshad Patwardhan
Fund Manager since Nov 2024
SB
Sanjay Bembalkar
Fund Manager since Aug 2023
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 |
|---|---|---|
| Nippon India Multi Cap Fund | 16.072% | 4 |
| Mahindra Manulife Multi Cap Fund | 19.2277% | 3 |
| ICICI Prudential Multicap Fund | 18.3196% | 3.5 |
Schemes by Union Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The Union Multicap Fund Direct Plan IDCW Payout is offered by Union Mutual Fund. The scheme is a multicap fund, which means it invests in a variety of stocks across different market capitalisations. The Union Multicap Fund Direct Plan IDCW Payout is an open-ended fund, meaning it can issue and redeem units on a continuous basis. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the Union Multicap Fund Direct Plan IDCW Payout is to provide capital appreciation over the medium to long term by investing in a diversified portfolio of equity and equity-related securities. The fund's portfolio is actively managed, which means that the fund manager has the discretion to choose which stocks to invest in.
Key Features of The Fund
5-year return
0%
Expense Ratio
1.43%
Fund Manager
Harshad Patwardhan
Fund Size
₹1420.1 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The Union Multicap Fund Direct Plan IDCW Payout is suitable for investors who are looking for growth over the long term. It is also suitable for those who are willing to accept some risk and have a time horizon of at least 5 years. The fund is not suitable for investors who need regular income from their investments.
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.
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FAQs
What is today's NAV of Union Multicap 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 Multicap Fund Direct Plan IDCW Payout on August 11, 2026, is ₹18.5
What is the AUM of Union Multicap 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 Multicap Fund Direct Plan IDCW Payout, is ₹1420.1 crore.
What is the expense ratio of Union Multicap 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 Multicap Fund Direct Plan IDCW Payout is 1.43%
What are the returns of Union Multicap Fund Direct Plan IDCW Payout since inception?
The Union Multicap Fund Direct Plan IDCW Payout was launched on November 28, 2022. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Union Multicap 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 Multicap Fund Direct Plan IDCW Payout is ₹500.
How do I invest in Union Multicap 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 Multicap 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 Multicap 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 Multicap 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
₹
₹4,709 in 3Y at 16.8511% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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