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Union Midcap Fund Review | NAV, Returns, AUM, SIP | Invest via Allvest

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Complete Union Midcap Fund analysis - latest NAV ₹50.74, AUM ₹1,503 Cr, 34.17% CAGR since inception. Review investment objective, fund managers, performance & invest via Allvest.

Investment Objective and Approach

The Union Midcap Fund is an open-ended equity scheme that invests primarily in mid-cap companies. The fund aims to generate long-term capital appreciation by investing in stocks of mid-cap companies with strong growth potential and sound business fundamentals.

The investment approach focuses on:

- Bottom-up stock selection across mid-cap companies

- Quality-focused investment philosophy targeting companies with sustainable competitive advantages

- Long-term wealth creation through disciplined investment processes

- Risk management while maintaining exposure to high-growth mid-cap stocks

The fund was launched on 30 March, 2020 and has established itself as a focused mid-cap equity fund in the Union Mutual Fund portfolio.

Fund Managers

The Union Midcap Fund is co-managed by experienced professionals:

Gaurav Chopra (Co-Fund Manager)

Co-managed by Mr. Gaurav Chopra (since January 25, 2023). He holds qualifications of B.Com, Chartered Accountant and CFA (USA) - Level III cleared with over 8 years of experience in the equity markets. Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates.

Pratik Dharmshi (Fund Manager Equity)

Co-managed by Mr. Pratik Dharmshi (since December 09, 2024). Mr. Pratik Dharmshi is the Fund Manager Equity at Union Asset Management Company Private Limited. He has more than 9 years of rich experience in the financial markets.

About the Fund House (AMC)

Union Asset Management Company Private Limited is the investment manager for Union Mutual Fund. The company focuses on delivering consistent performance through research-driven investment strategies and disciplined risk management practices.

Key highlights about Union AMC:

- Philosophy: "Your wins are also ours. That's why our mutual funds are created with your success in mind · To be the most reliable and trusted partner to our investors and distributors through responsible investing"

- Investment approach: Emphasis on fundamental research and long-term value creation

- Fund management: Experienced team managing diversified portfolio of equity and debt schemes

- Investor focus: Committed to delivering risk-adjusted returns aligned with investor objectives

The AMC operates with a clear vision of being a trusted investment partner while maintaining high standards of corporate governance and regulatory compliance.

Should I Invest in Union Midcap Fund?

Key Investment Metrics (as of August 2025):

- AUM: ₹1503 Cr as on Aug 2025

- Expense Ratio: 0.7 (Direct Plan)

- Since Inception CAGR: 34.17% since inception

- Returns Performance: Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.13%, 20.01% and 27.82% respectively

Investment Considerations:

Suitable For:

- Investors seeking exposure to mid-cap growth opportunities

- Those with investment horizon of 5+ years

- Investors comfortable with higher volatility for potential higher returns

- Portfolio diversification into mid-cap segment

Risk Factors:

- The Union Midcap Fund Direct Growth is rated Very High risk

- Mid-cap stocks can be more volatile than large-cap stocks

- Market timing risks associated with equity investments

- Concentration risk in mid-cap segment

Performance Analysis:

- The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, 5Y, but underperformed over 3Y

- Strong long-term track record with competitive returns

- Experienced fund management team with proven expertise

FAQs

What is today's NAV of Union Midcap Fund?

The latest NAV of Union Midcap Fund Direct Growth is ₹50.7400 as per recent data. NAV changes daily based on market movements.

What is the AUM of Union Midcap Fund?

Union Midcap Fund Direct Growth has ₹1503 Cr worth of assets under management (AUM) as on Aug 2025.

What is the expense ratio of Union Midcap Fund?

The fund has an expense ratio 0.7 for the Direct Growth plan, which is competitive in the mid-cap category.

What are the returns of Union Midcap Fund since inception?

Union Midcap Fund Direct Growth has given a CAGR return of 34.17% since inception, launched in March 2020.

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

The minimum investment required is ₹1,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

How do I invest in Union Midcap Fund?

You can invest in Union Midcap Fund through Allvest platform online. Simply complete your KYC, choose the fund, select investment amount and mode (SIP/lump sum), and make payment through net banking or other digital methods.

How to start a SIP in Union Midcap Fund?

Log into your Allvest account, search for Union Midcap Fund, select SIP option, choose monthly amount (minimum ₹500), pick date and payment method. Set up auto-debit for seamless investing.

How do I automate an SIP in Union Midcap Fund?

Enable auto-debit mandate through Allvest platform by providing bank account details and e-signing the NACH mandate. This ensures automatic monthly deductions for your SIP without manual intervention.

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

You can redeem your units through Allvest platform online. Exit load is 1% if redeemed in 0-15 Days, so plan redemptions accordingly for optimal returns.