Union Aggressive Hybrid Fund vs Union Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Union Aggressive Hybrid Fund is an Aggressive Hybrid fund and Union Flexi Cap Fund is a Flexi Cap fund. In the 3 years to 30-10-2026, Union Aggressive Hybrid Fund (Direct) returned 10.3% a year and Union Flexi Cap Fund (Direct) returned 10.7% a year. Union Aggressive Hybrid Fund charges 1.59% a year and Union Flexi Cap Fund 1.52% (Direct plans). Their portfolios overlap 58.7%: they hold 58 of the same securities.
Union Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 10.3%
- Expense ratio
- 1.59%
- NAV
- ₹19.18
Which is better, Union Aggressive Hybrid or Union Flexi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Union Flexi Cap returned more over 5 years: 9.2% a year against 8.3%.
- Union Flexi Cap returned more over 3 years: 10.7% a year against 10.3%.
- Union Flexi Cap costs less: 1.52% a year against 1.59% (Direct plans).
- Union Aggressive Hybrid swung less over 3 years: a standard deviation of 10.7% a year against 14.0%.
- Union Aggressive Hybrid fell less in its worst fall since 28-12-2020: −15.1% against −18.9%.
- Union Flexi Cap holds more in large companies: 51.7% of the fund in large caps against 39.3%.
- Union Flexi Cap is the larger fund: ₹2,320 Cr against ₹727 Cr.
- Their portfolios overlap 58.7%: 58 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Union Aggressive Hybrid Fund | Union Flexi Cap Fund |
|---|---|---|
| Fund house | Union Mutual Fund | Union Mutual Fund |
| Category | Aggressive Hybrid | Flexi Cap |
| AUM | ₹727 Cr (30-09-2026) | ₹2,320 Cr (30-09-2026) |
| NAV | ₹19.18 (Direct) | ₹56.71 (Direct) |
| Expense ratio (Direct) | 1.59% | 1.52% |
| Expense ratio (Regular) | 2.79% | 2.54% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | BSE 500 TRI |
| Launch date | 18-12-2020 | 10-06-2011 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sanjay Bembalkar, Vinod Malviya, Parijat Agrawal | Sanjay Bembalkar, Vinod Malviya |
| Exit load | Exit load of 1% if redeemed within 15 days. | Exit load of 1%, if redeemed within 15 days. |
Union Aggressive Hybrid vs Union Flexi Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Union Aggressive Hybrid Fund (Direct) | −0.62% | −2.89% | +1.11% | −1.89% | +10.28% | +8.26% | -- |
| Union Flexi Cap Fund (Direct) | −0.61% | −2.79% | +1.78% | −3.32% | +10.74% | +9.20% | +12.83% |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
Category average: the average of the 29 Aggressive Hybrid funds and the 46 Flexi Cap funds, same plan type.
Union Aggressive Hybrid vs Union Flexi Cap: Year-wise Returns
| Year | Aggressive HybridUnion Aggressive Hybrid | Flexi CapUnion Flexi Cap |
|---|---|---|
| 2026to date | −1.84% | −2.66% |
| 2025 | +6.89% | +4.17% |
| 2024 | +15.70% | +18.20% |
| 2023 | +21.26% | +28.97% |
| 2022 | +0.46% | +0.05% |
| 2021 | +28.29% | +38.27% |
Union Aggressive Hybrid vs Union Flexi Cap: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Union Flexi Cap Fund
Rolling returns
Every 3-year holding period, 699 of them, one for each trading day from 28-12-2023 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Union Aggressive Hybrid Fund (Direct)
Union Flexi Cap Fund (Direct)
BSE 500 TRI
to
Mar 2024Sept 2021
to
Sept 2024Mar 2022
to
Mar 2025Aug 2022
to
Aug 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Union Aggressive Hybrid | 0.0 | 0.0 | 3.1 | 69.8 | 27.0 | 0.0 | 0.0 | 13.7% | 13.9% | 9.2% | 18.4% | 5% |
| Union Flexi Cap | 0.0 | 0.0 | 0.7 | 32.0 | 52.1 | 15.2 | 0.0 | 16.4% | 16.3% | 9.4% | 22.8% | 71% |
| BSE 500 TRI | 0.0 | 0.0 | 3.4 | 29.2 | 56.9 | 10.4 | 0.0 | 16.2% | 16.2% | 8.4% | 22.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 28-12-2020. Past returns do not promise future returns.
Union Aggressive Hybrid vs Union Flexi Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 28-12-2020 to 30-10-2026: 71 instalments, ₹7,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Union Aggressive HybridUnion Aggressive Hybrid Fund (Direct) | ₹7,10,000 | ₹9,29,609 | ₹2,19,609 | 9.0% |
| Union Flexi CapUnion Flexi Cap Fund (Direct) | ₹7,10,000 | ₹9,62,545 | ₹2,52,545 | 10.2% |
Union Aggressive HybridUnion Aggressive Hybrid Fund (Direct)
Union Flexi CapUnion Flexi Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Union Aggressive Hybrid vs Union Flexi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.89% | −3.32% |
| Standard deviation | 11.12% | 14.78% |
| Sharpe ratio | -0.64 | -0.58 |
| Sortino ratio | -0.86 | -0.77 |
| Maximum drawdown | −10.3% (30-03-2026) | −13.9% (30-03-2026) |
| Beta | -- | 1.01 |
| Alpha | -- | +4.41% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.28% | +10.74% |
| Standard deviation | 10.67% | 14.00% |
| Sharpe ratio | 0.40 | 0.34 |
| Sortino ratio | 0.54 | 0.45 |
| Maximum drawdown | −13.7% (28-02-2025) | −17.3% (28-02-2025) |
| Beta | -- | 0.96 |
| Alpha | -- | +0.98% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.26% | +9.20% |
| Standard deviation | 10.54% | 13.70% |
| Sharpe ratio | 0.23 | 0.25 |
| Sortino ratio | 0.31 | 0.33 |
| Maximum drawdown | −15.1% (17-06-2022) | −18.9% (20-06-2022) |
| Beta | -- | 0.94 |
| Alpha | -- | +0.73% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.73% | +12.63% |
| Standard deviation | 10.52% | 15.04% |
| Sharpe ratio | 0.60 | 0.44 |
| Sortino ratio | 0.82 | 0.59 |
| Maximum drawdown | −15.1% (17-06-2022) | −35.4% (23-03-2020) |
| Beta | -- | 0.93 |
| Alpha | -- | +0.26% |
From daily NAVs, 28-12-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Union Aggressive Hybrid Fund (Direct)
Union Flexi Cap Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Union Aggressive Hybrid Fund (Direct) | −15.1% | 17-01-2022 | 17-06-2022 | 01-12-2022 | 5 months | −4.8% |
| Union Flexi Cap Fund (Direct) | −18.9% | 17-01-2022 | 20-06-2022 | 31-05-2023 | 11 months | −5.9% |
| BSE 500 TRI | −18.7% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.4% |
From daily values since 28-12-2020, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Union Aggressive Hybrid Fund (Direct)
Union Flexi Cap Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Union Aggressive Hybrid Fund (Direct)
Union Flexi Cap Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Union Aggressive Hybrid Fund (Direct)
Union Flexi Cap Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Union Aggressive Hybrid Fund (Direct) | 80% | 71% | 4.60% |
| Union Flexi Cap Fund (Direct) | 98% | 88% | 3.86% |
From month-end values since 28-12-2020. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Union Aggressive Hybrid vs Union Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Union Aggressive Hybrid Fund, September 2026; Union Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 58.7%
- Held by both
- 58
- Only in Union Aggressive Hybrid
- 23
- Only in Union Flexi Cap
- 17
| Security | % of Union Aggressive Hybrid | % of Union Flexi Cap |
|---|---|---|
| HDFC Bank Ltd. | 4.59% | 4.51% |
| ICICI Bank Ltd. | 2.94% | 6.32% |
| State Bank of India | 2.55% | 3.35% |
| Axis Bank Ltd. | 2.39% | 3.65% |
| Bajaj Finance Ltd. | 1.85% | 2.19% |
| Bharti Airtel Ltd. | 1.76% | 2.61% |
| Gabriel India Ltd. | 1.48% | 1.97% |
| Bharat Heavy Electricals Ltd. | 1.47% | 1.57% |
| Reliance Industries Ltd. | 1.97% | 1.43% |
| Eternal Ltd. | 1.28% | 2.21% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.26% | 1.42% |
| Inventurus Knowledge Solutions Ltd. | 1.35% | 1.24% |
| Manipal Health Enterprises Ltd | 1.14% | 1.37% |
| Dhoot Transmission Ltd. | 1.13% | 1.28% |
| Torrent Pharmaceuticals Ltd. | 1.12% | 1.66% |
| Shadowfax Technologies Ltd. | 1.12% | 1.83% |
| Clean Max Enviro Energy Solutions Ltd. | 1.12% | 1.26% |
| Infosys Ltd. | 1.67% | 1.11% |
| ICICI Prudential Asset Management Company Ltd. | 1.10% | 1.20% |
| Sai Life Sciences Ltd. | 1.09% | 1.97% |
| Engineers India Ltd. | 1.35% | 1.07% |
| LG Electronics India Ltd. | 1.04% | 1.08% |
| PNB Housing Finance Ltd. | 1.00% | 1.01% |
| Cemindia Projects Ltd. | 0.98% | 1.70% |
| Shiprocket Ltd. | 1.01% | 0.93% |
| Delhivery Ltd. | 0.86% | 1.06% |
| Ajanta Pharma Ltd. | 0.86% | 1.75% |
| Dr. Lal Path labs Ltd. | 0.82% | 1.38% |
| Shriram Finance Ltd. | 0.81% | 1.06% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.80% | 1.61% |
| Ather Energy Ltd. | 0.79% | 1.11% |
| Cummins India Ltd. | 0.79% | 0.92% |
| One 97 Communications Ltd. | 0.76% | 1.09% |
| ABB India Ltd. | 0.92% | 0.74% |
| Mphasis Ltd. | 0.74% | 0.97% |
| Aarti Industries Ltd. | 0.74% | 1.11% |
| Maruti Suzuki India Ltd. | 1.40% | 0.72% |
| HDFC Life Insurance Company Ltd. | 0.72% | 1.24% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.72% | 0.73% |
| Gokaldas Exports Ltd. | 0.74% | 0.71% |
| Navin Fluorine International Ltd. | 0.71% | 1.35% |
| Billionbrains Garage Ventures Ltd. | 0.70% | 1.11% |
| JSW Energy Ltd. | 0.78% | 0.69% |
| Trent Ltd. | 0.68% | 1.70% |
| Divi's Laboratories Ltd. | 0.64% | 2.28% |
| Titan Company Ltd. | 0.60% | 0.99% |
| Dixon Technologies (India) Ltd. | 0.76% | 0.59% |
| Cyient Ltd. | 0.61% | 0.59% |
| GE Vernova T&D India Ltd. | 0.55% | 0.68% |
| Oil India Ltd. | 0.66% | 0.54% |
| Larsen & Toubro Ltd. | 0.98% | 0.49% |
| Tata Consumer Products Ltd. | 0.84% | 0.49% |
| The Phoenix Mills Ltd. | 0.49% | 0.67% |
| National Stock Exchange of India Ltd. | 0.42% | 0.89% |
| E2E Networks Ltd. | 0.52% | 0.38% |
| Varun Beverages Ltd. | 0.32% | 1.19% |
| 91 Day Treasury Bills | 0.12% | 0.06% |
| 91 Day Treasury Bills | 0.08% | 0.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.7% means 58.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Union Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Power Finance Corporation Ltd. | 3.43% |
| National Bank for Agriculture and Rural Development | 3.42% |
| National Bank for Agriculture and Rural Development | 3.38% |
| REC Ltd. | 3.35% |
| Indian Railway Finance Corporation Ltd. | 2.06% |
Largest holdings only in Union Flexi Cap Fund
| Security | % of fund |
|---|---|
| Ujjivan Small Finance Bank Ltd. | 1.92% |
| Coforge Ltd. | 1.21% |
| JSW Infrastructure Ltd. | 1.08% |
| Honasa Consumer Ltd. | 1.02% |
| Adani Enterprises Ltd. | 0.97% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Union Aggressive Hybrid | Union Flexi Cap |
|---|---|---|
| Equity | 72.2% | 95.0% |
| Debt | 19.9% | 0.1% |
| Cash and others | 7.9% | 4.9% |
Market cap of stocks
| Market cap | Union Aggressive Hybrid | Union Flexi Cap |
|---|---|---|
| Large Cap | 39.3% | 51.7% |
| Mid Cap | 10.2% | 12.5% |
| Small Cap | 19.1% | 26.4% |
| Not on AMFI's list | 3.7% | 4.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Union Aggressive Hybrid | Union Flexi Cap |
|---|---|---|
| Banks | 14.2% | 20.5% |
| Pharmaceuticals & Biotechnology | 4.7% | 10.1% |
| Finance | 4.5% | 5.9% |
| IT - Software | 3.0% | 4.8% |
| Auto Components | 3.9% | 4.7% |
| Retailing | 2.0% | 3.9% |
| Construction | 3.3% | 3.3% |
| Capital Markets | 3.1% | 3.2% |
The six largest sectors of each fund's stocks, % of the fund.
Union Aggressive Hybrid vs Union Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Union Aggressive Hybrid Fund | Union Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.59% | 1.52% |
| Base expense ratio (Direct) | 0.99% | 0.85% |
| Total expense ratio (Regular) | 2.79% | 2.54% |
| Base expense ratio (Regular) | 2.03% | 1.73% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Union Aggressive Hybrid with
Union Aggressive Hybrid Fund vs Union Flexi Cap Fund: Frequently Asked Questions
What is the difference between Union Aggressive Hybrid Fund and Union Flexi Cap Fund?
Union Aggressive Hybrid Fund is an Aggressive Hybrid fund, Union Flexi Cap Fund is a Flexi Cap fund, run by Union Mutual Fund. Their portfolios overlap 58.7%. Union Aggressive Hybrid Fund charges 1.59% a year and Union Flexi Cap Fund 1.52%.
Which has given higher returns, Union Aggressive Hybrid Fund or Union Flexi Cap Fund?
Over 1 year: Union Aggressive Hybrid Fund −1.89%, Union Flexi Cap Fund −3.32%. Over 3 years: Union Aggressive Hybrid Fund +10.28% a year, Union Flexi Cap Fund +10.74% a year. Over 5 years: Union Aggressive Hybrid Fund +8.26% a year, Union Flexi Cap Fund +9.20% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Union Aggressive Hybrid Fund or Union Flexi Cap Fund?
Union Flexi Cap Fund charges less: 1.52% a year against 1.59%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Union Aggressive Hybrid Fund and Union Flexi Cap Fund overlap?
58.7%. They hold 58 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Union Aggressive Hybrid Fund or Union Flexi Cap Fund?
On SEBI's riskometer, Union Aggressive Hybrid Fund is rated Very High and Union Flexi Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 10.67% and 14.00% a year.
Which is better for SIP, Union Aggressive Hybrid Fund or Union Flexi Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,54,206 in Union Aggressive Hybrid Fund (XIRR 8.3% a year) and ₹7,68,424 in Union Flexi Cap Fund (XIRR 9.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Union Aggressive Hybrid Fund and Union Flexi Cap Fund?
Yes. 58.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Union Aggressive Hybrid Fund and Union Flexi Cap Fund?
Union Aggressive Hybrid Fund: Sanjay Bembalkar, Vinod Malviya, Parijat Agrawal. Union Flexi Cap Fund: Sanjay Bembalkar, Vinod Malviya.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.