Union Aggressive Hybrid Fund vs Union Large & Midcap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Union Aggressive Hybrid Fund is an Aggressive Hybrid fund and Union Large & Midcap Fund is a Large & Mid Cap fund. In the 3 years to 30-10-2026, Union Aggressive Hybrid Fund (Direct) returned 10.3% a year and Union Large & Midcap Fund (Direct) returned 12.4% a year. Union Aggressive Hybrid Fund charges 1.59% a year and Union Large & Midcap Fund 1.32% (Direct plans). Their portfolios overlap 38.9%: they hold 41 of the same securities.
Union Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 10.3%
- Expense ratio
- 1.59%
- NAV
- ₹19.18
Union Large & Midcap Fund
Large & Mid Cap
- 3 year return
- 12.4%
- Expense ratio
- 1.32%
- NAV
- ₹28.14
Which is better, Union Aggressive Hybrid or Union Large & Midcap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Union Large & Midcap returned more over 5 years: 10.3% a year against 8.3%.
- Union Large & Midcap returned more over 3 years: 12.4% a year against 10.3%.
- Union Large & Midcap costs less: 1.32% a year against 1.59% (Direct plans).
- Union Aggressive Hybrid swung less over 3 years: a standard deviation of 10.7% a year against 15.3%.
- Union Aggressive Hybrid fell less in its worst fall since 28-12-2020: −15.1% against −19.6%.
- Union Large & Midcap is the larger fund: ₹969 Cr against ₹727 Cr.
- Their portfolios overlap 38.9%: 41 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 Large & Midcap Fund |
|---|---|---|
| Fund house | Union Mutual Fund | Union Mutual Fund |
| Category | Aggressive Hybrid | Large & Mid Cap |
| AUM | ₹727 Cr (30-09-2026) | ₹969 Cr (30-09-2026) |
| NAV | ₹19.18 (Direct) | ₹28.14 (Direct) |
| Expense ratio (Direct) | 1.59% | 1.32% |
| Expense ratio (Regular) | 2.79% | 2.53% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | Nifty LargeMidcap 250 TRI |
| Launch date | 18-12-2020 | 06-12-2019 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sanjay Bembalkar, Vinod Malviya, Parijat Agrawal | Vinod Malviya, Pratik Dharmshi |
| 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 Large & Midcap: 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 Large & Midcap Fund (Direct) | −1.54% | −2.90% | +2.96% | −0.74% | +12.37% | +10.31% | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | -- |
Category average: the average of the 29 Aggressive Hybrid funds and the 36 Large & Mid Cap funds, same plan type.
Union Aggressive Hybrid vs Union Large & Midcap: Year-wise Returns
| Year | Aggressive HybridUnion Aggressive Hybrid | Large & MidcapUnion Large & Midcap |
|---|---|---|
| 2026to date | −1.84% | −0.07% |
| 2025 | +6.89% | +3.57% |
| 2024 | +15.70% | +22.26% |
| 2023 | +21.26% | +28.33% |
| 2022 | +0.46% | −1.87% |
| 2021 | +28.29% | +40.05% |
Union Aggressive Hybrid vs Union Large & Midcap: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of Union Large & Midcap 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 Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 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% | 0% |
| Union Large & Midcap | 0.0 | 0.0 | 0.0 | 23.0 | 54.5 | 22.5 | 0.0 | 17.3% | 17.1% | 11.0% | 22.8% | 8% |
| NIFTY LargeMidcap 250 TRI | 0.0 | 0.0 | 0.0 | 11.0 | 50.9 | 37.5 | 0.6 | 19.0% | 19.0% | 10.1% | 25.5% | -- |
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 NIFTY LargeMidcap 250 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 Large & Midcap: 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 Large & MidcapUnion Large & Midcap Fund (Direct) | ₹7,10,000 | ₹10,04,025 | ₹2,94,025 | 11.6% |
Union Aggressive HybridUnion Aggressive Hybrid Fund (Direct)
Union Large & MidcapUnion Large & Midcap 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 Large & Midcap: 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 Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.89% | −0.74% |
| Standard deviation | 11.12% | 15.51% |
| Sharpe ratio | -0.64 | -0.39 |
| Sortino ratio | -0.86 | -0.52 |
| Maximum drawdown | −10.3% (30-03-2026) | −12.6% (30-03-2026) |
| Beta | -- | 1.01 |
| Alpha | -- | +5.90% |
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 Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.28% | +12.37% |
| Standard deviation | 10.67% | 15.31% |
| Sharpe ratio | 0.40 | 0.41 |
| Sortino ratio | 0.54 | 0.55 |
| Maximum drawdown | −13.7% (28-02-2025) | −18.7% (28-02-2025) |
| Beta | -- | 1.01 |
| Alpha | -- | +0.82% |
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 Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.26% | +10.31% |
| Standard deviation | 10.54% | 14.63% |
| Sharpe ratio | 0.23 | 0.31 |
| Sortino ratio | 0.31 | 0.41 |
| Maximum drawdown | −15.1% (17-06-2022) | −19.6% (20-06-2022) |
| Beta | -- | 0.96 |
| Alpha | -- | −0.10% |
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 Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.73% | +16.18% |
| Standard deviation | 10.52% | 17.07% |
| Sharpe ratio | 0.60 | 0.65 |
| Sortino ratio | 0.82 | 0.85 |
| Maximum drawdown | −15.1% (17-06-2022) | −35.6% (23-03-2020) |
| Beta | -- | 0.96 |
| Alpha | -- | +0.71% |
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 Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 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 Large & Midcap Fund (Direct) | −19.6% | 17-01-2022 | 20-06-2022 | 05-06-2023 | 11 months | −6.6% |
| NIFTY LargeMidcap 250 TRI | −18.9% | 18-10-2021 | 20-06-2022 | 12-09-2022 | 3 months | −8.6% |
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 Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 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 Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 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 Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Union Aggressive Hybrid Fund (Direct) | 74% | 72% | 5.15% |
| Union Large & Midcap Fund (Direct) | 96% | 94% | 4.96% |
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 Large & Midcap: Portfolio Overlap
From each fund's latest monthly portfolio: Union Aggressive Hybrid Fund, September 2026; Union Large & Midcap Fund, September 2026
Holdings in common
- Overlap
- 38.9%
- Held by both
- 41
- Only in Union Aggressive Hybrid
- 40
- Only in Union Large & Midcap
- 40
| Security | % of Union Aggressive Hybrid | % of Union Large & Midcap |
|---|---|---|
| ICICI Bank Ltd. | 2.94% | 4.84% |
| HDFC Bank Ltd. | 4.59% | 2.86% |
| Axis Bank Ltd. | 2.39% | 2.20% |
| Bharti Airtel Ltd. | 1.76% | 2.32% |
| Reliance Industries Ltd. | 1.97% | 1.50% |
| Bharat Heavy Electricals Ltd. | 1.47% | 1.52% |
| Eternal Ltd. | 1.28% | 2.28% |
| State Bank of India | 2.55% | 1.19% |
| Maruti Suzuki India Ltd. | 1.40% | 1.19% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.26% | 1.18% |
| Torrent Pharmaceuticals Ltd. | 1.12% | 1.37% |
| Sai Life Sciences Ltd. | 1.09% | 1.51% |
| Gabriel India Ltd. | 1.48% | 1.05% |
| LG Electronics India Ltd. | 1.04% | 1.53% |
| Larsen & Toubro Ltd. | 0.98% | 1.40% |
| Ajanta Pharma Ltd. | 0.86% | 1.81% |
| Tata Consumer Products Ltd. | 0.84% | 0.96% |
| ABB India Ltd. | 0.92% | 0.82% |
| Shriram Finance Ltd. | 0.81% | 2.00% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.80% | 0.84% |
| RBL Bank Ltd. | 1.11% | 0.79% |
| ICICI Prudential Asset Management Company Ltd. | 1.10% | 0.79% |
| Cummins India Ltd. | 0.79% | 0.98% |
| Bajaj Finance Ltd. | 1.85% | 0.78% |
| JSW Energy Ltd. | 0.78% | 1.65% |
| Dixon Technologies (India) Ltd. | 0.76% | 0.95% |
| One 97 Communications Ltd. | 0.76% | 2.49% |
| Mphasis Ltd. | 0.74% | 1.44% |
| Aarti Industries Ltd. | 0.74% | 0.94% |
| Navin Fluorine International Ltd. | 0.71% | 1.46% |
| Divi's Laboratories Ltd. | 0.64% | 1.58% |
| GE Vernova T&D India Ltd. | 0.55% | 1.21% |
| Jindal Steel Ltd. | 0.53% | 2.01% |
| Infosys Ltd. | 1.67% | 0.51% |
| HDFC Life Insurance Company Ltd. | 0.72% | 0.51% |
| Shiprocket Ltd. | 1.01% | 0.50% |
| The Phoenix Mills Ltd. | 0.49% | 1.74% |
| Varun Beverages Ltd. | 0.32% | 0.94% |
| Bharat Electronics Ltd. | 0.96% | 0.16% |
| 91 Day Treasury Bills | 0.12% | 0.03% |
| 91 Day Treasury Bills | 0.08% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.9% means 38.9% 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 Large & Midcap Fund
| Security | % of fund |
|---|---|
| INDO-MIM Ltd. | 2.64% |
| JSW Infrastructure Ltd. | 2.07% |
| Multi Commodity Exchange of India Ltd. | 1.98% |
| CG Power and Industrial Solutions Ltd. | 1.86% |
| Solar Industries India Ltd. | 1.84% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Union Aggressive Hybrid | Union Large & Midcap |
|---|---|---|
| Equity | 72.2% | 98.2% |
| Debt | 19.9% | 0.1% |
| Cash and others | 7.9% | 1.7% |
Market cap of stocks
| Market cap | Union Aggressive Hybrid | Union Large & Midcap |
|---|---|---|
| Large Cap | 39.3% | 44.0% |
| Mid Cap | 10.2% | 38.6% |
| Small Cap | 19.1% | 12.5% |
| Not on AMFI's list | 3.7% | 3.1% |
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 Large & Midcap |
|---|---|---|
| Banks | 14.2% | 14.6% |
| Pharmaceuticals & Biotechnology | 4.7% | 7.9% |
| Electrical Equipment | 2.9% | 6.7% |
| Auto Components | 3.9% | 6.2% |
| Chemicals & Petrochemicals | 1.9% | 5.4% |
| Retailing | 2.0% | 5.2% |
| Finance | 4.5% | 4.6% |
| Capital Markets | 3.1% | 4.5% |
| Construction | 3.3% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
Union Aggressive Hybrid vs Union Large & Midcap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Union Aggressive Hybrid Fund | Union Large & Midcap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.59% | 1.32% |
| Base expense ratio (Direct) | 0.99% | 0.88% |
| Total expense ratio (Regular) | 2.79% | 2.53% |
| Base expense ratio (Regular) | 2.03% | 1.94% |
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 Large & Midcap Fund: Frequently Asked Questions
What is the difference between Union Aggressive Hybrid Fund and Union Large & Midcap Fund?
Union Aggressive Hybrid Fund is an Aggressive Hybrid fund, Union Large & Midcap Fund is a Large & Mid Cap fund, run by Union Mutual Fund. Their portfolios overlap 38.9%. Union Aggressive Hybrid Fund charges 1.59% a year and Union Large & Midcap Fund 1.32%.
Which has given higher returns, Union Aggressive Hybrid Fund or Union Large & Midcap Fund?
Over 1 year: Union Aggressive Hybrid Fund −1.89%, Union Large & Midcap Fund −0.74%. Over 3 years: Union Aggressive Hybrid Fund +10.28% a year, Union Large & Midcap Fund +12.37% a year. Over 5 years: Union Aggressive Hybrid Fund +8.26% a year, Union Large & Midcap Fund +10.31% 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 Large & Midcap Fund?
Union Large & Midcap Fund charges less: 1.32% 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 Large & Midcap Fund overlap?
38.9%. They hold 41 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is riskier, Union Aggressive Hybrid Fund or Union Large & Midcap Fund?
On SEBI's riskometer, Union Aggressive Hybrid Fund is rated Very High and Union Large & Midcap Fund Very High. Over 3 years, the standard deviation of daily returns was 10.67% and 15.31% a year.
Which is better for SIP, Union Aggressive Hybrid Fund or Union Large & Midcap 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 ₹7,97,153 in Union Large & Midcap Fund (XIRR 10.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Union Aggressive Hybrid Fund and Union Large & Midcap Fund?
Yes. 38.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Union Aggressive Hybrid Fund and Union Large & Midcap Fund?
Union Aggressive Hybrid Fund: Sanjay Bembalkar, Vinod Malviya, Parijat Agrawal. Union Large & Midcap Fund: Vinod Malviya, Pratik Dharmshi.
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.