3 Year return

24.54%
Launched on May 2014 (10 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1425.13 Cr.

Expense Ratio

0.88% (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

ARQ Rating
1.5

Ratings by other agencies

3
4
3

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Union Mutual Fund Managers

VP

Vinay Paharia

Fund Manager since Jan 2024

View Details

Fund House Details

Union Mutual Fund

Union Mutual Fund Asset management company

AUM ₹14,674.66 Cr.
No. of Schemes 73
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Union Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Union Small Cap Fund Direct Plan Growth

Union Small Cap Fund Direct Plan Growth is an equity scheme that is open-ended in nature and primarily makes investments in small cap stocks. This small cap fund under Union Mutual Fund is concentrated in small caps while simultaneously having limited exposure to large and mid caps. The benchmark set for this scheme is S&P BSE 250 Small Cap Total Return Index.

Investment Objective of The Scheme

The Union Small Cap Fund Direct Plan Growth aims to have its investments benefitted from dynamic selection of stocks, sector and asset allocation, and more. The stock selection contains a mix of growth and value stocks, resulting in a well-diversified portfolio. This scheme aims to achieve long-term capital growth via investing in a portfolio that focuses predominantly on equity and equity-linked securities of small cap companies. The small cap scheme follows an active strategy to manage the fund assets.

Key Features of The Fund

5-year return 29.02%
Expense Ratio 0.88%
Fund Manager Vinay Paharia
Fund Size ₹1425.13 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you are an investor seeking long term capital gains and have a very high risk tolerance, this scheme could be an option to consider for you. Note that the suggested investment horizon of making investments in this scheme is three years or more. You need to ensure that you are aware of your financial goals and your risk tolerance before making an investment in the scheme.

AMC Contact Details

Name Union Mutual Fund
Launch Date 23rd March 2011
Addresss Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact (022) 6748 3300
Email 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.

Make Use of SIPs for Harnessing the Power of Compounding

To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.

FAQs

What is today's NAV of Union Small Cap Fund?

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 Small Cap Fund Jun 18 2024 is 50.83

What is the AUM of Union Small Cap Fund?

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 Small Cap Fund is 1425.13 crore.

What is the expense ratio of Union Small Cap Fund?

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 Small Cap Fund is 0.88%

What are the returns of Union Small Cap Fund since inception?

The Union Small Cap Fund was launched on May 20 2014. The fund has delivered a CAGR of 17.49 since inception.

What is the minimum SIP amount to invest in Union Small Cap Fund?

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 Small Cap Fund is 500.

How do I invest in Union Small Cap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Union Small Cap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Union Small Cap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Union Small Cap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.