Union Midcap Fund is a Mid Cap fund run by Union Mutual Fund. On 30-09-2026, it managed ₹1,906 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 15.6% a year and its Regular plan returned 14.0% a year. Its benchmark, BSE 150 MidCap Index TRI, returned 13.5% a year over the same 3 years.
NAV (Direct plan)
₹53.40
▼ 0.82% · 30-10-2026
NAV (Regular plan)
₹48.78
▼ 0.83% · 30-10-2026
Expense ratio
1.08%Direct2.39%Regular
1.08%
A year
Riskometer
Very High
Set by the fund house
3 year return
15.6%Direct14.0%Regular
15.6%
A year
Union Midcap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹53.40 (down 0.82% that day); Regular Plan Growth ₹48.78 (down 0.83% that day).
This fund (Direct plan)
₹53.40
Union Midcap Fund Returns vs BSE 150 MidCap Index TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−2.89%
−4.59%
+1.33%
+0.66%
+15.60%
+13.79%
--
This fund (Regular)
−3.02%
−4.91%
+0.66%
−0.65%
+13.99%
+12.18%
--
BSE 150 MidCap Index TRI
−3.90%
−8.32%
−3.16%
−5.23%
+13.53%
+13.16%
+15.35%
Mid Cap average
−3.36%
−6.03%
−0.14%
−2.17%
+14.75%
+12.95%
--
Best in Mid Cap
−0.88%
−2.09%
+6.81%
+9.56%
+21.77%
+17.38%
--
Worst in Mid Cap
−5.08%
−10.11%
−5.44%
−14.14%
+8.47%
+9.04%
--
Rank in Mid Cap
12/34
10/33
11/33
8/31
12/29
10/22
--
Category rows compare the Direct plans of 34 Mid Cap funds. Rank 1 is the highest return.
Union Midcap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE 150 MidCap Index TRI
2026to date
+1.41%
+0.31%
−4.99%
2025
+3.68%
+2.27%
+3.77%
2024
+30.50%
+28.58%
+26.80%
2023
+34.21%
+32.17%
+42.41%
2022
−0.82%
−2.27%
+3.64%
2021
+53.98%
+51.96%
+48.65%
Union Midcap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 880 periods, one for each trading day from 31-03-2023 to 30-10-2026.
0%10%20%30%40%
Union Midcap Fund (Direct)
BSE 150 MidCap Index TRI
Jul 2020 to Jul 2023Feb 2021 to Feb 2024Sept 2021 to Sept 2024May 2022 to May 2025Dec 2022 to Dec 2025Jul 2023 to Jul 2026
Union Midcap Fund (Direct)BSE 150 MidCap Index TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
0%
5-10%
1%
3%
10-15%
24%
12%
15-20%
42%
37%
20-25%
34%
48%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
1,376
17.4%
−5.6%
107.8%
3%
16.5%
58%
2 years
1,129
22.0%
2.1%
66.0%
0%
23.9%
52%
3 years
880
22.7%
14.2%
39.7%
0%
24.2%
20%
5 years
390
21.8%
12.8%
34.5%
0%
22.2%
39%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
68
17.9%
−20.0%
106.6%
13%
15.1%
60%
2 years
56
17.9%
−1.2%
43.8%
2%
18.1%
48%
3 years
44
21.1%
7.9%
33.9%
0%
21.6%
36%
5 years
20
19.6%
13.1%
24.1%
0%
20.3%
40%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE 150 MidCap Index TRI over the same days. Past returns do not promise future returns.
Union Midcap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Union Midcap Fund (Direct)This fund
BSE 150 MidCap Index TRI
Return (CAGR)
+0.66%
−5.23%
Standard deviation
16.64%
16.44%
Sharpe ratio
-0.28
-0.64
Sortino ratio
-0.37
-0.85
Maximum drawdown
−12.1%
(23-10-2026)
−14.1%
(23-03-2026)
Beta
0.99
1.00
Alpha
+5.74%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Union Midcap Fund (Direct)This fund
BSE 150 MidCap Index TRI
Return (CAGR)
+15.60%
+13.53%
Standard deviation
16.83%
17.18%
Sharpe ratio
0.57
0.44
Sortino ratio
0.76
0.58
Maximum drawdown
−21.3%
(28-02-2025)
−21.8%
(28-02-2025)
Beta
0.96
1.00
Alpha
+2.40%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Union Midcap Fund (Direct)This fund
BSE 150 MidCap Index TRI
Return (CAGR)
+13.79%
+13.16%
Standard deviation
15.87%
16.77%
Sharpe ratio
0.50
0.44
Sortino ratio
0.67
0.58
Maximum drawdown
−21.3%
(28-02-2025)
−21.8%
(28-02-2025)
Beta
0.92
1.00
Alpha
+1.25%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Union Midcap Fund (Direct)This fund
BSE 150 MidCap Index TRI
Return (CAGR)
+28.22%
+27.33%
Standard deviation
16.03%
17.13%
Sharpe ratio
1.44
1.29
Sortino ratio
1.99
1.77
Maximum drawdown
−21.3%
(28-02-2025)
−21.8%
(28-02-2025)
Beta
0.89
1.00
Alpha
+3.23%
0.00%
From daily NAVs, 30-03-2020 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−25%−20%−15%−10%−5%0%
Union Midcap Fund (Direct)
BSE 150 MidCap Index TRI
202120222023202420252026
Union Midcap Fund (Direct)BSE 150 MidCap Index TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Union Midcap Fund (Direct)
−21.3%
23-09-2024
28-02-2025
20-10-2025
8 months
−9.3%
BSE 150 MidCap Index TRI
−21.8%
24-09-2024
28-02-2025
10-07-2026
16 months
−10.6%
From the Direct plan's daily NAV since 30-03-2020, adjusted for unit splits, and BSE 150 MidCap Index TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Union Midcap Fund vs Other Mid Cap Funds
The five Mid Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Union Midcap Fund Expense Ratio and Costs
What each plan charges a year, in force from 22-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Mid Cap median
Cost rank (1 = cheapest)
Direct
0.66%
0.09%
0.01%
0.32%
1.08%
0.95%
22/34
Regular
1.78%
0.09%
0.01%
0.51%
2.39%
2.02%
26/34
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Mid Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−0.65%
0.66%
1.31%
₹99,350
₹1,00,660
3 years
13.99%
15.60%
1.61% a year
₹1,48,115
₹1,54,480
5 years
12.18%
13.79%
1.61% a year
₹1,77,655
₹1,90,775
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Union Midcap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 30-03-2020 to 30-10-2026: 80 instalments, ₹8,00,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planUnion Midcap Fund (Direct)
₹8,00,000
₹14,77,594
₹6,77,594
18.2%
Regular planUnion Midcap Fund (Regular)
₹8,00,000
₹13,92,821
₹5,92,821
16.4%
BSE 150 MidCap Index TRI
₹8,00,000
₹14,10,947
₹6,10,947
16.8%
Category averageCategory average, 34 Mid Cap funds
₹8,00,000
₹14,19,884
₹6,19,884
17.0%
₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L
Direct planUnion Midcap Fund (Direct)
Regular planUnion Midcap Fund (Regular)
BSE 150 MidCap Index TRI
Category averageCategory average, 34 Mid Cap funds
Amount invested
202120222023202420252026
Direct planUnion Midcap Fund (Direct)Regular planUnion Midcap Fund (Regular)BSE 150 MidCap Index TRICategory averageCategory average, 34 Mid Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Midcap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
98.1%Equity
Asset
Fund
Category
Equity
98.1%
95.4%
Cash and others
1.8%
4.0%
Debt
0.1%
0.6%
Market cap of stocks
Market cap
Fund
Category
Large Cap
15.6%
11.8%
Mid Cap
66.5%
66.9%
Small Cap
15.5%
15.1%
Not on AMFI's list
0.5%
1.7%
Share of the whole fund. Category: the average of the Mid Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Union Midcap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Auto Components9.8%
Banks9.1%
Pharmaceuticals & Biotechnology8.6%
Electrical Equipment7.4%
Capital Markets7.3%
Chemicals & Petrochemicals5.7%
Industrial Products5.4%
IT - Software4.8%
Consumer Durables4.8%
Finance4.4%
The ten largest of 27 sectors. The other 17 add up to 30.8%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Auto Components
11.2%
9.9%
9.8%
−1.4%
Banks
9.6%
8.9%
9.1%
−0.5%
Pharmaceuticals & Biotechnology
7.4%
7.4%
8.6%
+1.2%
Electrical Equipment
6.6%
7.0%
7.4%
+0.8%
Capital Markets
6.0%
6.8%
7.3%
+1.3%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Union Midcap Fund Portfolio Holdings
As on 30-09-2026 · 77 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
One 97 Communications Ltd.
Financial Technology (Fintech)
3.10%
0.0%
The Federal Bank Ltd.
Banks
3.04%
−2.4%
Multi Commodity Exchange of India Ltd.
Capital Markets
2.90%
+7.3%
Max Financial Services Ltd.
Insurance
2.59%
0.0%
IPCA Laboratories Ltd.
Pharmaceuticals & Biotechnology
2.49%
0.0%
GE Vernova T&D India Ltd.
Electrical Equipment
2.38%
+15.9%
Nippon Life India Asset Management Ltd.
Capital Markets
2.19%
0.0%
Fortis Healthcare Ltd.
Healthcare Services
2.18%
0.0%
Bharat Heavy Electricals Ltd.
Electrical Equipment
2.12%
0.0%
Ajanta Pharma Ltd.
Pharmaceuticals & Biotechnology
2.08%
+5.0%
Mphasis Ltd.
IT - Software
2.04%
+17.4%
Coforge Ltd.
IT - Software
2.01%
−5.3%
The Phoenix Mills Ltd.
Realty
2.00%
0.0%
Apar Industries Ltd.
Electrical Equipment
1.87%
−6.5%
Sona Blw Precision Forgings Ltd.
Auto Components
1.80%
0.0%
Prestige Estates Projects Ltd.
Realty
1.79%
+2.6%
Info Edge (India) Ltd.
Retailing
1.76%
+20.2%
Solar Industries India Ltd.
Chemicals & Petrochemicals
1.75%
0.0%
JSW Energy Ltd.
Power
1.74%
0.0%
UNO Minda Ltd.
Auto Components
1.72%
0.0%
Bharti Hexacom Ltd.
Telecom - Services
1.71%
0.0%
Marico Ltd.
Agricultural Food & other Products
1.71%
0.0%
APL Apollo Tubes Ltd.
Industrial Products
1.68%
0.0%
JSW Infrastructure Ltd.
Transport Infrastructure
1.68%
0.0%
LG Electronics India Ltd.
Consumer Durables
1.68%
+12.3%
Jindal Steel Ltd.
Ferrous Metals
1.65%
+6.6%
Ujjivan Small Finance Bank Ltd.
Banks
1.62%
0.0%
Shriram Finance Ltd.
Finance
1.61%
−9.9%
Axis Bank Ltd.
Banks
1.53%
+35.3%
Sai Life Sciences Ltd.
Pharmaceuticals & Biotechnology
1.49%
−8.1%
SRF Ltd.
Chemicals & Petrochemicals
1.47%
+17.2%
L&T Finance Ltd.
Finance
1.47%
−8.3%
RBL Bank Ltd.
Banks
1.42%
+15.7%
Dixon Technologies (India) Ltd.
Consumer Durables
1.37%
−9.9%
Aditya Birla Capital Ltd.
Finance
1.36%
−19.2%
ZF Commercial Vehicle Control Systems India Ltd.
Auto Components
1.35%
0.0%
Billionbrains Garage Ventures Ltd.
Capital Markets
1.23%
0.0%
Tube Investments of India Ltd.
Auto Components
1.22%
+5.9%
Aether Industries Ltd.
Chemicals & Petrochemicals
1.18%
0.0%
Cummins India Ltd.
Industrial Products
1.08%
0.0%
Endurance Technologies Ltd.
Auto Components
1.05%
0.0%
Aarti Industries Ltd.
Chemicals & Petrochemicals
1.05%
0.0%
BSE Ltd.
Capital Markets
1.02%
+46.8%
Acutaas Chemicals Ltd.
Pharmaceuticals & Biotechnology
1.00%
0.0%
Schaeffler India Ltd.
Auto Components
0.99%
0.0%
CG Power and Industrial Solutions Ltd.
Electrical Equipment
0.99%
+19.9%
Gabriel India Ltd.
Auto Components
0.98%
0.0%
AIA Engineering Ltd.
Industrial Products
0.92%
0.0%
Amber Enterprises India Ltd.
Consumer Durables
0.92%
−10.1%
KEI Industries Ltd.
Industrial Products
0.89%
−40.4%
AU Small Finance Bank Ltd.
Banks
0.87%
0.0%
CarTrade Tech Ltd.
Retailing
0.86%
0.0%
Delhivery Ltd.
Transport Services
0.86%
0.0%
Berger Paints India Ltd.
Consumer Durables
0.80%
0.0%
Grindwell Norton Ltd.
Industrial Products
0.80%
0.0%
Tata Motors Ltd.
Agricultural, Commercial & Construction Vehicles
0.76%
−17.6%
Varun Beverages Ltd.
Beverages
0.76%
+28.8%
Persistent Systems Ltd.
IT - Software
0.76%
−13.4%
Zydus Lifesciences Ltd.
Pharmaceuticals & Biotechnology
0.75%
New
Gokaldas Exports Ltd.
Textiles & Apparels
0.74%
+9.1%
Aurobindo Pharma Ltd.
Pharmaceuticals & Biotechnology
0.74%
0.0%
Bharat Forge Ltd.
Auto Components
0.73%
0.0%
Data Patterns (India) Ltd.
Aerospace & Defense
0.64%
0.0%
Lenskart Solutions Ltd.
Retailing
0.63%
New
Indian Bank
Banks
0.57%
−27.4%
JK Cement Ltd.
Cement & Cement Products
0.54%
0.0%
Manipal Health Enterprises Ltd
Healthcare Services
0.50%
0.0%
HDFC Life Insurance Company Ltd.
Insurance
0.48%
New
FSN E-Commerce Ventures Ltd.
Retailing
0.43%
0.0%
Hindustan Petroleum Corporation Ltd.
Petroleum Products
0.43%
0.0%
PB Fintech Ltd.
Financial Technology (Fintech)
0.41%
−34.9%
Vishal Mega Mart Ltd.
Retailing
0.33%
0.0%
K.P.R. Mill Ltd.
Textiles & Apparels
0.32%
0.0%
Navin Fluorine International Ltd.
Chemicals & Petrochemicals
0.29%
−36.9%
Swiggy Ltd.
Retailing
0.23%
−50.6%
91 Day Treasury Bills · Government security
Sovereign
0.04%
91 Day Treasury Bills · Government security
Sovereign
0.03%
Union Midcap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
The Federal Bank Ltd.
↓Reduced
−2.4%
3.04%
Multi Commodity Exchange of India Ltd.
↑Added
+7.3%
2.90%
GE Vernova T&D India Ltd.
↑Added
+15.9%
2.38%
Coforge Ltd.
↓Reduced
−5.3%
2.01%
Ajanta Pharma Ltd.
↑Added
+5.0%
2.08%
Mphasis Ltd.
↑Added
+17.4%
2.04%
Apar Industries Ltd.
↓Reduced
−6.5%
1.87%
Shriram Finance Ltd.
↓Reduced
−9.9%
1.61%
L&T Finance Ltd.
↓Reduced
−8.3%
1.47%
KEI Industries Ltd.
↓Reduced
−40.4%
0.89%
Prestige Estates Projects Ltd.
↑Added
+2.6%
1.79%
Info Edge (India) Ltd.
↑Added
+20.2%
1.76%
Aditya Birla Capital Ltd.
↓Reduced
−19.2%
1.36%
LG Electronics India Ltd.
↑Added
+12.3%
1.68%
Jindal Steel Ltd.
↑Added
+6.6%
1.65%
Dixon Technologies (India) Ltd.
↓Reduced
−9.9%
1.37%
Axis Bank Ltd.
↑Added
+35.3%
1.53%
Sai Life Sciences Ltd.
↓Reduced
−8.1%
1.49%
SRF Ltd.
↑Added
+17.2%
1.47%
RBL Bank Ltd.
↑Added
+15.7%
1.42%
Tube Investments of India Ltd.
↑Added
+5.9%
1.22%
Amber Enterprises India Ltd.
↓Reduced
−10.1%
0.92%
PB Fintech Ltd.
↓Reduced
−34.9%
0.41%
BSE Ltd.
↑Added
+46.8%
1.02%
CG Power and Industrial Solutions Ltd.
↑Added
+19.9%
0.99%
Tata Motors Ltd.
↓Reduced
−17.6%
0.76%
Persistent Systems Ltd.
↓Reduced
−13.4%
0.76%
Indian Bank
↓Reduced
−27.4%
0.57%
Varun Beverages Ltd.
↑Added
+28.8%
0.76%
Zydus Lifesciences Ltd.
↑New
New
0.75%
Gokaldas Exports Ltd.
↑Added
+9.1%
0.74%
Lenskart Solutions Ltd.
↑New
New
0.63%
Swiggy Ltd.
↓Reduced
−50.6%
0.23%
HDFC Life Insurance Company Ltd.
↑New
New
0.48%
Navin Fluorine International Ltd.
↓Reduced
−36.9%
0.29%
Bharat Electronics Ltd.
↓Sold out
−100%
was 0.20%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Union Midcap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.08%
Expense ratio (Regular)
2.39%
Category
Mid Cap
Risk
Very High
Benchmark
BSE Midcap 150 TRI
Launch date
23-03-2020
Minimum investment
₹1,000
Minimum additional investment
₹1,000
AUM
₹1,905.76 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
148073
ISIN (Direct)
INF582M01GI3
Scheme code (Regular)
148071
ISIN (Regular)
INF582M01GM5
NAV history
From 30-03-2020, 6.6 years
Exit load
Exit load of 1%, if redeemed within 15 days.
Tax on Union Midcap Fund returns
Union Midcap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹53.40
30-10-2026
direct
IDCW
₹53.40
30-10-2026
regular
Growth
₹48.78
30-10-2026
regular
IDCW
₹48.78
30-10-2026
About Union Midcap Fund
Union Midcap Fund is a mutual fund from Union Mutual Fund. Its category is Mid Cap. It was launched on 23-03-2020. Its benchmark is BSE Midcap 150 TRI. At the end of September 2026 it held 77 securities.
Fund Manager
Gaurav Chopra
Fund manager of Union Midcap Fund, since 25-01-2023
Pratik Dharmshi
Fund manager of Union Midcap Fund, since 09-12-2024
The Direct plan NAV is ₹53.40. The Regular plan NAV is ₹48.78, as on 30-10-2026.
What are the returns of Union Midcap Fund?
The Direct plan returned +0.66% in 1 year, +15.60% a year over 3 years, +13.79% a year over 5 years. The Regular plan returned −0.65% in 1 year, +13.99% a year over 3 years, +12.18% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Union Midcap Fund?
The Direct plan charges 1.08% a year. The Regular plan charges 2.39% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.
What is the AUM of Union Midcap Fund?
Union Midcap Fund managed ₹1,905.76 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Union Midcap Fund?
At the end of September 2026 the largest holdings were PAYTM (3.10%), FEDERALBNK (3.04%), MCX (2.90%), MFSL (2.59%), IPCALAB (2.49%). The fund held 77 securities in all.
What did Union Midcap Fund buy and sell in September 2026?
It bought 3 new stocks: Zydus Lifesciences Ltd, HDFC Life Insurance Company Ltd, Lenskart Solutions Ltd. It sold out of 1: Bharat Electronics Ltd. It added shares in 16. It reduced 16.
How do I invest in Union Midcap Fund?
Through Union Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
Track Union Midcap Fund in WealthGamma
Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.