Union Focused Fund
- NAV as on 9 Nov 2026
- ₹28.10+0.79%1 day
- Return since launch
- 15.2%
- 52-week range
- ₹23.12 — ₹28.34
- AUM
- ₹433 Cr
Union Focused Fund is a Focused equity fund from Union Mutual Fund with ₹433 Cr under management, launched in 2019. Over three years it has returned 8.9% a year, against 12.5% for its category. The expense ratio is 2.55% and the SEBI riskometer reading is Very High.
Performance
Union Focused Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +7.7% against +2.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 14.6% | +10.8 pts | 3.8% | 9.2% |
| 2Y | 10.3% | +3.4 pts | 6.9% | 6.2% |
| 3Y | 8.9% | −3.6 pts | 12.5% | 6.3% |
| 5Y | 10.7% | +1.2 pts | 9.4% | 10.0% |
| 7Y | 12.8% | −0.2 pts | 13.0% | 12.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 5.7% | −1.2 pts | 6.9% | 6.9% |
| 3M | 0.0% | 0.0 pts | -0.0% | 0.3% |
| 6M | 6.6% | −0.3 pts | 6.9% | 6.8% |
| 1Y | 8.4% | +4.7 pts | 3.8% | 2.8% |
| 2Y | 6.2% | +2.5 pts | 3.6% | 3.2% |
| 3Y | 11.8% | −0.7 pts | 12.5% | 11.6% |
| 5Y | 8.4% | −1.0 pts | 9.4% | 8.8% |
| 7Y | 14.3% | +0.4 pts | 13.9% | 13.4% |
Since launch (15 Jul 2019): 15.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -2.0% | −8.0 pts | 6.0% |
| 2024 | 16.2% | −4.6 pts | 20.9% |
| 2023 | 20.8% | −6.9 pts | 27.7% |
| 2022 | -0.2% | −2.6 pts | 2.4% |
| 2021 | 34.5% | +1.3 pts | 33.2% |
| 2020 | 20.7% | +3.1 pts | 17.5% |
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
2.55%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.43%
- 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.
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 | 1.08 | 5.18 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.87 | 0.92 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.38 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.45 | 0.87 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.64 | 15.56 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Union Focused Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity98.8%
- Debt0.1%
- Other1.1%
Market cap split
- Large59.7%
- Mid16.2%
- Small24.1%
- P/E
- 31.37
- P/B
- 4.84
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.77% | ₹37.93 Cr | +8.97% | +7.66% | +6.67% |
| Solar Industries India Ltd. | Chemicals | 5.47% | ₹23.65 Cr | +5.10% | +3.98% | +2.89% |
| Gabriel India Ltd. | Automobile | 4.81% | ₹20.80 Cr | +4.37% | +3.39% | +3.41% |
| Eternal Ltd. | Services | 4.35% | ₹18.81 Cr | +2.93% | — | — |
| Navin Fluorine International Ltd. | Chemicals | 4.34% | ₹18.78 Cr | +3.79% | +3.38% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 4.19% | ₹18.13 Cr | +3.97% | +4.22% | +3.18% |
| Tata Consumer Products Ltd. | Consumer Staples | 4.10% | ₹17.76 Cr | +4.57% | +5.02% | +5.39% |
| HDFC Bank Ltd. | Financial | 4.09% | ₹17.72 Cr | +4.54% | +4.55% | +6.69% |
| Multi Commodity Exchange Of India Ltd. | Services | 4.03% | ₹17.42 Cr | +3.40% | +3.34% | — |
| Bharat Electronics Ltd. | Capital Goods | 3.73% | ₹16.14 Cr | +4.18% | +4.85% | +4.58% |
| Hitachi Energy India Ltd. | Capital Goods | 3.68% | ₹15.93 Cr | +4.80% | +3.88% | +2.60% |
| Karur Vysya Bank Ltd. | Financial | 3.60% | ₹15.59 Cr | +3.23% | +3.68% | +2.42% |
| GE Vernova T&D India Ltd | Capital Goods | 3.59% | ₹15.54 Cr | +4.38% | +3.76% | — |
| Max Healthcare Institute Ltd. | Healthcare | 3.39% | ₹14.66 Cr | +4.05% | +3.33% | +3.08% |
| Ujjivan Small Finance Bank Ltd. | Financial | 3.38% | ₹14.65 Cr | +2.91% | +2.90% | — |
| State Bank of India | Financial | 3.10% | ₹13.43 Cr | +3.27% | +3.63% | +2.91% |
| Shriram Finance Ltd | Financial | 2.99% | ₹12.94 Cr | +3.12% | +2.77% | — |
| Bharti Airtel Ltd. | Communication | 2.92% | ₹12.65 Cr | +3.03% | +2.69% | +2.82% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.90% | ₹12.56 Cr | +3.68% | +2.95% | +4.46% |
| Acutaas Chemicals Ltd. | Healthcare | 2.80% | ₹12.13 Cr | +2.97% | +6.10% | +3.14% |
| Infosys Ltd. | Technology | 2.76% | ₹11.93 Cr | +2.73% | +3.97% | +5.18% |
| Azad Engineering Ltd. | Capital Goods | 2.71% | ₹11.72 Cr | +1.85% | — | — |
| KFin Technologies Ltd. | Financial | 2.22% | ₹9.62 Cr | +2.29% | +2.66% | +2.87% |
| Trent Ltd. | Services | 2.11% | ₹9.12 Cr | — | — | +2.23% |
| Larsen & Toubro Ltd. | Construction | 2.09% | ₹9.02 Cr | +2.26% | +2.34% | — |
| Max Financial Services Ltd. | Financial | 1.75% | ₹7.55 Cr | +1.98% | +2.17% | +2.33% |
| Mahindra & Mahindra Ltd. | Automobile | 1.70% | ₹7.38 Cr | +1.74% | +1.96% | +1.80% |
| Mphasis Ltd. | Technology | 1.64% | ₹7.11 Cr | +1.62% | +1.79% | — |
| UNO Minda Ltd. | Automobile | 1.59% | ₹6.87 Cr | +1.45% | +1.60% | +3.01% |
| Others | Others | 1.10% | ₹4.75 Cr | -0.60% | -1.04% | -0.44% |
| Reserve Bank of India | Financial | 0.07% | ₹0.28 Cr | +0.07% | +0.08% | +0.07% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Acutaas Chemicals Ltd. | 2.53% | 2.80% | +0.27% |
| Azad Engineering Ltd. | 2.45% | 2.71% | +0.26% |
| ICICI Bank Ltd. | 9.03% | 8.77% | -0.26% |
| HDFC Bank Ltd. | 3.84% | 4.09% | +0.25% |
| Solar Industries India Ltd. | 5.22% | 5.47% | +0.25% |
| Infosys Ltd. | 2.94% | 2.76% | -0.18% |
| Eternal Ltd. | 4.17% | 4.35% | +0.18% |
| KFin Technologies Ltd. | 2.40% | 2.22% | -0.18% |
| Max Healthcare Institute Ltd. | 3.56% | 3.39% | -0.17% |
| Shriram Finance Ltd | 3.16% | 2.99% | -0.17% |
| Multi Commodity Exchange Of India Ltd. | 3.88% | 4.03% | +0.15% |
| Ujjivan Small Finance Bank Ltd. | 3.24% | 3.38% | +0.14% |
| Max Financial Services Ltd. | 1.87% | 1.75% | -0.12% |
| Hitachi Energy India Ltd. | 3.80% | 3.68% | -0.12% |
| State Bank of India | 3.21% | 3.10% | -0.11% |
| Tata Consumer Products Ltd. | 4.20% | 4.10% | -0.10% |
| Bharti Airtel Ltd. | 2.82% | 2.92% | +0.10% |
| Mphasis Ltd. | 1.73% | 1.64% | -0.09% |
| Others | -0.16% | -0.25% | -0.09% |
| Mahindra & Mahindra Ltd. | 1.78% | 1.70% | -0.08% |
| Trent Ltd. | 2.17% | 2.11% | -0.06% |
| Navin Fluorine International Ltd. | 4.28% | 4.34% | +0.06% |
| Torrent Pharmaceuticals Ltd. | 4.14% | 4.19% | +0.05% |
| UNO Minda Ltd. | 1.62% | 1.59% | -0.03% |
| GE Vernova T&D India Ltd | 3.56% | 3.59% | +0.03% |
| Gabriel India Ltd. | 4.82% | 4.81% | -0.01% |
| CG Power and Industrial Solutions Ltd. | 2.91% | 2.90% | -0.01% |
| Larsen & Toubro Ltd. | 2.10% | 2.09% | -0.01% |
| Reserve Bank of India | 0.06% | 0.07% | +0.01% |
| Karur Vysya Bank Ltd. | 3.61% | 3.60% | -0.01% |
| Bharat Electronics Ltd. | 3.73% | 3.73% | 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 | ₹20,559 Cr | 1.91% | 13.8% | 10.4% | 14.6% |
 SBI Focused Fund | ₹50,423 Cr | 1.55% | 14.7% | 13.3% | 14.3% |
 HDFC Focused Fund | ₹26,553 Cr | 1.71% | 10.0% | 8.9% | 14.7% |
 ICICI Prudential Focused Fund | ₹17,248 Cr | 2.10% | 7.7% | 9.3% | 14.7% |
 Invesco India Focused Fund | ₹6,486 Cr | 1.92% | 28.7% | 12.8% | 17.5% |
 Bandhan Focused Fund | ₹2,087 Cr | 2.29% | 8.1% | 7.5% | 11.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seek to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps.
Fund managers
- Pratik DharmshiMr. Dharmshi has done B. Com & CAPrior to joining Union AMC, he was associated with UTI Pension Fund Limited, Safe Enterprises, Girik Capital, Edelweiss AMC, JP Morgan India Pvt. Ltd., CRISIL Ltd. & Morgan Stanley Advantage Services Pvt. Ltd.
- 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 months6.56% absolute | ₹60,000 | ₹63,936 | 6.56% | |
| 1 year8.45% annualised | ₹1,20,000 | ₹1,25,637 | 4.70% | |
| 3 years11.76% annualised | ₹3,60,000 | ₹4,33,394 | 20.39% | |
| 5 years8.43% annualised | ₹6,00,000 | ₹7,48,283 | 24.71% |
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.