Union Flexi Cap Fund
Flexi CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹53.81+0.96%1 day
- Return since launch
- 11.5%
- 52-week range
- ₹45.13 — ₹53.46
- AUM
- ₹2,320 Cr
Union Flexi Cap Fund is a Flexi Cap equity fund from Union Mutual Fund with ₹2,320 Cr under management, launched in 2011. Over three years it has returned 6.7% a year, against 12.4% for its category. The expense ratio is 2.55% and the SEBI riskometer reading is Very High.
Performance
Union Flexi Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.8% against -0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 10.7% | +7.9 pts | 2.8% | 6.3% |
| 2Y | 7.1% | +0.7 pts | 6.4% | 4.0% |
| 3Y | 6.7% | −5.8 pts | 12.4% | 4.8% |
| 5Y | 10.3% | +0.5 pts | 9.9% | 9.5% |
| 7Y | 13.1% | −0.3 pts | 13.5% | 11.9% |
| 10Y | 13.4% | 0.0 pts | 13.3% | 11.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.4% | +0.6 pts | 5.8% | 5.9% |
| 3M | 1.0% | +1.5 pts | -0.5% | -0.7% |
| 6M | 7.3% | +1.2 pts | 6.0% | 5.4% |
| 1Y | 3.8% | +1.0 pts | 2.8% | -0.3% |
| 2Y | 4.3% | +1.0 pts | 3.3% | 1.6% |
| 3Y | 11.0% | −1.4 pts | 12.4% | 10.9% |
| 5Y | 8.8% | −1.1 pts | 9.9% | 8.7% |
| 7Y | 14.9% | +0.3 pts | 14.6% | 12.6% |
| 10Y | 12.9% | −0.4 pts | 13.3% | 11.4% |
Since launch (20 May 2011): 11.5%
Calendar-year returns
Category average20.9%
37.1%
-1.2%
27.5%
16.7%
3.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.0% | −1.2 pts | 4.2% |
| 2024 | 16.7% | −5.1 pts | 21.8% |
| 2023 | 27.5% | −2.2 pts | 29.7% |
| 2022 | -1.2% | −2.8 pts | 1.7% |
| 2021 | 37.1% | +2.7 pts | 34.4% |
| 2020 | 20.9% | +1.9 pts | 19.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.49%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.71%
- Brokerage
- 0.14%
- Transaction charges
- 0.01%
- Statutory levies
- 0.63%
- Exit load
- Exit load of 1%, if redeemed within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.11 | 5.44 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.95 | 1.01 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.31 | 0.62 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.37 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.16 | 17.12 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Union Flexi Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.0%
- Debt0.1%
- Other4.9%
Market cap split
- Large55.3%
- Mid14.6%
- Small30.1%
- P/E
- 28.69
- P/B
- 3.84
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.32% | ₹147 Cr | +6.05% | +3.89% | +5.25% |
| Others | Others | 4.87% | ₹113 Cr | +1.96% | -1.84% | -0.38% |
| HDFC Bank Ltd. | Financial | 4.51% | ₹105 Cr | +4.91% | +4.26% | +7.61% |
| Axis Bank Ltd. | Financial | 3.65% | ₹84.59 Cr | +3.85% | +1.77% | +0.76% |
| State Bank of India | Financial | 3.35% | ₹77.72 Cr | +3.16% | +4.20% | +1.90% |
| Bharti Airtel Ltd. | Communication | 2.61% | ₹60.62 Cr | +2.14% | +3.60% | +3.41% |
| Divi's Laboratories Ltd. | Healthcare | 2.28% | ₹52.96 Cr | — | — | — |
| Eternal Ltd. | Services | 2.21% | ₹51.20 Cr | +1.78% | +0.99% | +1.99% |
| Bajaj Finance Ltd. | Financial | 2.19% | ₹50.85 Cr | +1.56% | +1.08% | +2.18% |
| Gabriel India Ltd. | Automobile | 1.97% | ₹45.62 Cr | +1.77% | +1.08% | +1.26% |
| Sai Life Sciences Ltd. | Healthcare | 1.97% | ₹45.74 Cr | +1.56% | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.92% | ₹44.55 Cr | +1.64% | +1.60% | — |
| Shadowfax Technologies Ltd. | Services | 1.83% | ₹42.53 Cr | — | — | — |
| Ajanta Pharma Ltd. | Healthcare | 1.75% | ₹40.70 Cr | +1.67% | +0.86% | — |
| Cemindia Projects Ltd. | Construction | 1.70% | ₹39.34 Cr | +0.81% | — | — |
| Trent Ltd. | Services | 1.70% | ₹39.32 Cr | +1.75% | +0.67% | +0.50% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.66% | ₹38.40 Cr | +1.56% | +1.62% | +1.02% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.61% | ₹37.26 Cr | +1.73% | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.57% | ₹36.36 Cr | +1.44% | — | — |
| Reliance Industries Ltd. | Energy | 1.43% | ₹33.24 Cr | +2.34% | +3.81% | +3.50% |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 1.42% | ₹33.00 Cr | +1.52% | +1.56% | +0.91% |
| Dr. Lal Pathlabs Ltd. | Healthcare | 1.38% | ₹31.99 Cr | +1.23% | — | — |
| Manipal Health Enterprises Ltd. | Healthcare | 1.37% | ₹31.87 Cr | — | — | — |
| Navin Fluorine International Ltd. | Chemicals | 1.35% | ₹31.33 Cr | +1.23% | +0.65% | — |
| Dhoot Transmission Ltd. | Capital Goods | 1.28% | ₹29.78 Cr | — | — | — |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.26% | ₹29.33 Cr | +0.97% | +0.53% | — |
| HDFC Life Insurance Co Ltd. | Insurance | 1.24% | ₹28.67 Cr | — | — | — |
| Inventurus Knowledge Solutions Ltd. | Services | 1.24% | ₹28.88 Cr | +1.68% | +0.83% | +0.37% |
| Coforge Ltd. | Technology | 1.21% | ₹27.99 Cr | +0.93% | — | — |
| ICICI Prudential Asset Management Company Ltd. | Financial | 1.20% | ₹27.92 Cr | +1.24% | — | — |
| Varun Beverages Ltd. | Consumer Staples | 1.19% | ₹27.65 Cr | +1.37% | — | — |
| Aarti Industries Ltd. | Chemicals | 1.11% | ₹25.69 Cr | +1.04% | +1.04% | — |
| Ather Energy Ltd. | Automobile | 1.11% | ₹25.65 Cr | +1.57% | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 1.11% | ₹25.75 Cr | +0.98% | — | — |
| Infosys Ltd. | Technology | 1.11% | ₹25.85 Cr | +0.67% | +1.80% | +2.87% |
| One 97 Communications Ltd. | Services | 1.09% | ₹25.17 Cr | — | +0.88% | +0.79% |
| JSW Infrastructure Ltd. | Services | 1.08% | ₹24.96 Cr | +2.24% | +1.39% | +1.01% |
| LG Electronics India Ltd. | Consumer Discretionary | 1.08% | ₹24.99 Cr | +1.44% | +1.53% | — |
| Engineers India Ltd. | Construction | 1.07% | ₹24.77 Cr | — | — | — |
| Delhivery Ltd. | Services | 1.06% | ₹24.58 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 1.06% | ₹24.57 Cr | +1.10% | +2.31% | — |
| Honasa Consumer Ltd. | Consumer Staples | 1.02% | ₹23.72 Cr | +0.82% | — | — |
| PNB Housing Finance Ltd. | Financial | 1.01% | ₹23.52 Cr | +0.70% | — | — |
| Titan Company Ltd. | Consumer Discretionary | 0.99% | ₹22.94 Cr | — | — | — |
| Adani Enterprises Ltd. | Services | 0.97% | ₹22.59 Cr | +0.50% | — | — |
| Mphasis Ltd. | Technology | 0.97% | ₹22.45 Cr | +0.95% | +1.03% | +0.69% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.94% | ₹21.80 Cr | +0.47% | +1.90% | +1.53% |
| Shiprocket Ltd. | Technology | 0.93% | ₹21.63 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 0.92% | ₹21.42 Cr | +1.31% | +1.19% | +1.43% |
| National Stock Exchange | Financial | 0.89% | ₹20.68 Cr | — | — | — |
| Tech Mahindra Ltd. | Technology | 0.82% | ₹19.05 Cr | +0.41% | — | — |
| Acutaas Chemicals Ltd. | Healthcare | 0.78% | ₹18.04 Cr | +0.55% | +0.95% | — |
| ABB India Ltd. | Capital Goods | 0.74% | ₹17.08 Cr | — | — | — |
| AU Small Finance Bank Ltd. | Financial | 0.73% | ₹16.87 Cr | — | — | — |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 0.73% | ₹16.89 Cr | — | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.72% | ₹16.66 Cr | +0.78% | +1.19% | +1.20% |
| Maruti Suzuki India Ltd. | Automobile | 0.72% | ₹16.75 Cr | +1.78% | +2.07% | +3.43% |
| Gokaldas Exports Ltd. | Textiles | 0.71% | ₹16.51 Cr | +0.88% | +0.47% | +0.76% |
| Prestige Estates Projects Ltd. | Construction | 0.70% | ₹16.30 Cr | — | — | — |
| JSW Energy Ltd. | Capital Goods | 0.69% | ₹16.08 Cr | +2.04% | +1.02% | +1.02% |
| Polycab India Ltd. | Capital Goods | 0.69% | ₹16.05 Cr | +1.30% | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 0.68% | ₹15.75 Cr | +0.99% | +0.77% | +2.34% |
| The Phoenix Mills Ltd. | Construction | 0.67% | ₹15.48 Cr | +1.21% | +0.77% | +1.03% |
| LTM Limited | Technology | 0.66% | ₹15.37 Cr | — | — | — |
| Cyient Ltd. | Technology | 0.59% | ₹13.76 Cr | — | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.59% | ₹13.76 Cr | +0.33% | — | +1.50% |
| Data Patterns (India) Ltd. | Capital Goods | 0.55% | ₹12.86 Cr | +0.50% | +1.56% | — |
| JSW Steel Ltd. | Metals & Mining | 0.54% | ₹12.53 Cr | — | — | — |
| Oil India Ltd. | Energy | 0.54% | ₹12.55 Cr | +0.49% | +1.21% | — |
| Balrampur Chini Mills Ltd. | Consumer Staples | 0.50% | ₹11.60 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 0.49% | ₹11.28 Cr | +2.60% | +2.51% | +2.43% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.49% | ₹11.39 Cr | +1.22% | +1.81% | — |
| Sumitomo Chemical India Ltd. | Chemicals | 0.42% | ₹9.75 Cr | — | — | +0.68% |
| E2E Networks Ltd. | Technology | 0.38% | ₹8.78 Cr | — | +0.40% | — |
| Reserve Bank of India | Financial | 0.05% | ₹1.19 Cr | +0.05% | +0.06% | +0.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Life Insurance Co Ltd. | 0.00% | 1.24% | +1.24% |
| Ather Energy Ltd. | 2.30% | 1.11% | -1.19% |
| Engineers India Ltd. | 0.00% | 1.07% | +1.07% |
| One 97 Communications Ltd. | 2.10% | 1.09% | -1.01% |
| National Stock Exchange | 0.00% | 0.89% | +0.89% |
| FSN E-Commerce Ventures Ltd. | 0.87% | 0.00% | -0.87% |
| Solar Industries India Ltd. | 0.82% | 0.00% | -0.82% |
| HDFC Bank Ltd. | 3.76% | 4.51% | +0.75% |
| Max Financial Services Ltd. | 0.64% | 0.00% | -0.64% |
| Others | -0.82% | -0.22% | +0.60% |
| Maruti Suzuki India Ltd. | 1.31% | 0.72% | -0.59% |
| Cyient Ltd. | 0.00% | 0.59% | +0.59% |
| Data Patterns (India) Ltd. | 1.05% | 0.55% | -0.50% |
| Polycab India Ltd. | 1.19% | 0.69% | -0.50% |
| Swiggy Ltd. | 0.48% | 0.00% | -0.48% |
| Cholamandalam Investment and Finance Company Ltd. | 2.01% | 1.61% | -0.40% |
| E2E Networks Ltd. | 0.00% | 0.38% | +0.38% |
| PNB Housing Finance Ltd. | 1.33% | 1.01% | -0.32% |
| Divi's Laboratories Ltd. | 1.99% | 2.28% | +0.29% |
| ICICI Bank Ltd. | 6.58% | 6.32% | -0.26% |
| Delhivery Ltd. | 1.30% | 1.06% | -0.24% |
| Shadowfax Technologies Ltd. | 1.60% | 1.83% | +0.23% |
| Dhoot Transmission Ltd. | 1.50% | 1.28% | -0.22% |
| The Phoenix Mills Ltd. | 0.89% | 0.67% | -0.22% |
| Cummins India Ltd. | 1.14% | 0.92% | -0.22% |
| Honasa Consumer Ltd. | 0.84% | 1.02% | +0.18% |
| Sai Life Sciences Ltd. | 1.79% | 1.97% | +0.18% |
| State Bank of India | 3.50% | 3.35% | -0.15% |
| Shiprocket Ltd. | 0.79% | 0.93% | +0.14% |
| Clean Max Enviro Energy Solutions Ltd. | 1.12% | 1.26% | +0.14% |
| Varun Beverages Ltd. | 1.05% | 1.19% | +0.14% |
| JSW Infrastructure Ltd. | 0.97% | 1.08% | +0.11% |
| Dr. Lal Pathlabs Ltd. | 1.27% | 1.38% | +0.11% |
| Ajanta Pharma Ltd. | 1.65% | 1.75% | +0.10% |
| Coforge Ltd. | 1.30% | 1.21% | -0.09% |
| Bajaj Finance Ltd. | 2.28% | 2.19% | -0.09% |
| ICICI Prudential Asset Management Company Ltd. | 1.11% | 1.20% | +0.09% |
| Infosys Ltd. | 1.20% | 1.11% | -0.09% |
| LG Electronics India Ltd. | 1.00% | 1.08% | +0.08% |
| Acutaas Chemicals Ltd. | 0.71% | 0.78% | +0.07% |
| Eternal Ltd. | 2.14% | 2.21% | +0.07% |
| Shriram Finance Ltd | 1.13% | 1.06% | -0.07% |
| Bharti Airtel Ltd. | 2.55% | 2.61% | +0.06% |
| Mphasis Ltd. | 1.03% | 0.97% | -0.06% |
| Trent Ltd. | 1.76% | 1.70% | -0.06% |
| Adani Enterprises Ltd. | 0.91% | 0.97% | +0.06% |
| Ujjivan Small Finance Bank Ltd. | 1.86% | 1.92% | +0.06% |
| Cemindia Projects Ltd. | 1.65% | 1.70% | +0.05% |
| Dixon Technologies (India) Ltd. | 0.64% | 0.59% | -0.05% |
| Gokaldas Exports Ltd. | 0.76% | 0.71% | -0.05% |
| Inventurus Knowledge Solutions Ltd. | 1.19% | 1.24% | +0.05% |
| Titan Company Ltd. | 1.04% | 0.99% | -0.05% |
| Sumitomo Chemical India Ltd. | 0.47% | 0.42% | -0.05% |
| ABB India Ltd. | 0.78% | 0.74% | -0.04% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.46% | 1.42% | -0.04% |
| LTM Limited | 0.70% | 0.66% | -0.04% |
| Aarti Industries Ltd. | 1.15% | 1.11% | -0.04% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.76% | 0.73% | -0.03% |
| Prestige Estates Projects Ltd. | 0.73% | 0.70% | -0.03% |
| Reliance Industries Ltd. | 1.46% | 1.43% | -0.03% |
| Sun Pharmaceutical Industries Ltd. | 0.97% | 0.94% | -0.03% |
| company:20133 | 0.03% | 0.00% | -0.03% |
| Manipal Health Enterprises Ltd. | 1.40% | 1.37% | -0.03% |
| Gabriel India Ltd. | 1.99% | 1.97% | -0.02% |
| Tata Consumer Products Ltd. | 0.51% | 0.49% | -0.02% |
| Axis Bank Ltd. | 3.66% | 3.65% | -0.01% |
| AU Small Finance Bank Ltd. | 0.74% | 0.73% | -0.01% |
| Balrampur Chini Mills Ltd. | 0.49% | 0.50% | +0.01% |
| Bharat Heavy Electricals Ltd. | 1.58% | 1.57% | -0.01% |
| Billionbrains Garage Ventures Ltd. | 1.10% | 1.11% | +0.01% |
| CG Power and Industrial Solutions Ltd. | 0.73% | 0.72% | -0.01% |
| JSW Steel Ltd. | 0.53% | 0.54% | +0.01% |
| Navin Fluorine International Ltd. | 1.34% | 1.35% | +0.01% |
| Oil India Ltd. | 0.55% | 0.54% | -0.01% |
| Tech Mahindra Ltd. | 0.83% | 0.82% | -0.01% |
| Torrent Pharmaceuticals Ltd. | 1.65% | 1.66% | +0.01% |
| GE Vernova T&D India Ltd | 0.68% | 0.68% | 0.00% |
| JSW Energy Ltd. | 0.69% | 0.69% | 0.00% |
| Larsen & Toubro Ltd. | 0.49% | 0.49% | 0.00% |
| Reserve Bank of India | 0.05% | 0.05% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹26,433 Cr | 2.01% | 15.2% | 10.1% | 15.1% |
 HDFC Flexi Cap Fund | ₹1,08,547 Cr | 1.36% | 10.6% | 9.6% | 15.2% |
 Motilal Oswal Flexi Cap Fund | ₹13,446 Cr | 1.97% | 15.3% | 9.0% | 14.7% |
 Invesco India Flexi Cap Fund | ₹5,488 Cr | 2.08% | 15.3% | 9.7% | — |
 Bank of India Flexi Cap Fund | ₹3,098 Cr | 2.29% | 13.9% | 9.8% | 15.4% |
 ITI Flexi Cap Fund | ₹1,588 Cr | 2.33% | 21.0% | 12.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation.
Fund managers
- Sanjay BembalkarMr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
- Vinod MalviyaMr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months7.25% absolute | ₹60,000 | ₹64,350 | 7.25% | |
| 1 year3.78% annualised | ₹1,20,000 | ₹1,22,486 | 2.07% | |
| 3 years11.01% annualised | ₹3,60,000 | ₹4,28,189 | 18.94% | |
| 5 years8.80% annualised | ₹6,00,000 | ₹7,55,797 | 25.97% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Union Flexi Cap Fund?
The NAV of Union Flexi Cap Fund is ₹53.81 as on 9 Nov 2026.
What is the expense ratio of Union Flexi Cap Fund?
The expense ratio of Union Flexi Cap Fund is 2.55% per year.
What is the minimum SIP amount for Union Flexi Cap Fund?
You can start a SIP in Union Flexi Cap Fund with ₹3,000 a month.
What returns has Union Flexi Cap Fund given?
Union Flexi Cap Fund has returned 10.7% over 1 year, 6.7% over 3 years and 10.3% over 5 years (annualised).
Is there a lock-in or exit load on Union Flexi Cap Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 15 days..
How risky is Union Flexi Cap Fund?
Union Flexi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Flexi Cap category.
Which fund house manages Union Flexi Cap Fund?
Union Flexi Cap Fund is managed by Union Mutual Fund, which runs 30 schemes with ₹28,977 Cr under management.