Union Largecap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹23.88+0.55%1 day
- Return since launch
- 9.5%
- 52-week range
- ₹20.91 — ₹24.42
- AUM
- ₹408 Cr
Union Largecap Fund is a Large Cap equity fund from Union Mutual Fund with ₹408 Cr under management, launched in 2017. Over three years it has returned 3.8% a year, against 11.0% for its category. The expense ratio is 2.58% and the SEBI riskometer reading is Very High.
Performance
Union Largecap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.1% 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 | 6.5% | +5.8 pts | 0.7% | 6.5% |
| 2Y | 3.9% | −1.1 pts | 5.0% | 4.3% |
| 3Y | 3.8% | −7.2 pts | 11.0% | 5.0% |
| 5Y | 7.5% | −0.6 pts | 8.1% | 9.0% |
| 7Y | 10.1% | −1.4 pts | 11.5% | 11.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 9.9% | +0.3 pts | 9.7% | 9.7% |
| 3M | 1.2% | +0.1 pts | 1.1% | 0.7% |
| 6M | 5.3% | −1.0 pts | 6.2% | 5.8% |
| 1Y | -0.6% | −1.3 pts | 0.7% | 0.1% |
| 2Y | 1.8% | −1.0 pts | 2.8% | 2.6% |
| 3Y | 8.9% | −2.1 pts | 11.0% | 11.0% |
| 5Y | 6.4% | −1.7 pts | 8.1% | 8.0% |
| 7Y | 11.5% | −1.0 pts | 12.4% | 11.4% |
Since launch (20 Apr 2017): 9.5%
Calendar-year returns
Category average15.1%
28.6%
-0.5%
22.3%
12.3%
4.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 4.2% | −4.3 pts | 8.5% |
| 2024 | 12.3% | −4.1 pts | 16.3% |
| 2023 | 22.3% | −3.0 pts | 25.3% |
| 2022 | -0.5% | −3.6 pts | 3.2% |
| 2021 | 28.6% | +1.3 pts | 27.2% |
| 2020 | 15.1% | +0.1 pts | 15.0% |
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
2.58%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.45%
- 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 100 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 | -1.70 | 2.41 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.93 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.16 | 0.43 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.19 | 0.57 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.00 | 15.29 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Union Largecap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.0%
- Debt0.1%
- Other0.9%
Market cap split
- Large85.6%
- Mid10.8%
- Small3.6%
- P/E
- 24.72
- P/B
- 3.38
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.41% | ₹38.40 Cr | +9.15% | +8.69% | +6.90% |
| HDFC Bank Ltd. | Financial | 6.95% | ₹28.35 Cr | +7.31% | +7.08% | +8.66% |
| Reliance Industries Ltd. | Energy | 5.28% | ₹21.54 Cr | +5.48% | +6.00% | +4.73% |
| Bharti Airtel Ltd. | Communication | 4.31% | ₹17.58 Cr | +4.12% | +3.78% | +3.48% |
| State Bank of India | Financial | 4.18% | ₹17.06 Cr | +4.73% | +4.89% | +2.95% |
| Eternal Ltd. | Services | 3.27% | ₹13.34 Cr | +2.41% | +1.42% | +1.96% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 3.27% | ₹13.33 Cr | +2.65% | +2.36% | +1.56% |
| Axis Bank Ltd. | Financial | 3.24% | ₹13.21 Cr | +3.10% | +2.59% | +2.59% |
| Infosys Ltd. | Technology | 2.69% | ₹10.96 Cr | +2.53% | +3.42% | +3.92% |
| Mahindra & Mahindra Ltd. | Automobile | 2.68% | ₹10.93 Cr | +2.60% | +2.72% | +2.75% |
| Tata Consumer Products Ltd. | Consumer Staples | 2.57% | ₹10.49 Cr | +2.72% | +2.53% | +2.32% |
| Kotak Mahindra Bank Ltd. | Financial | 2.52% | ₹10.27 Cr | +2.21% | +2.16% | +2.13% |
| Larsen & Toubro Ltd. | Construction | 2.49% | ₹10.15 Cr | +3.89% | +3.74% | +3.51% |
| Solar Industries India Ltd. | Chemicals | 2.45% | ₹10.00 Cr | +2.78% | +2.10% | +1.93% |
| Titan Company Ltd. | Consumer Discretionary | 2.39% | ₹9.73 Cr | +2.14% | +2.08% | +1.09% |
| NTPC Ltd. | Energy | 2.37% | ₹9.68 Cr | +2.45% | +2.21% | +2.53% |
| Bajaj Finance Ltd. | Financial | 2.00% | ₹8.15 Cr | +1.96% | +1.69% | +2.38% |
| National Stock Exchange | Financial | 1.70% | ₹6.91 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 1.69% | ₹6.88 Cr | +1.67% | +1.52% | +0.67% |
| Hitachi Energy India Ltd. | Capital Goods | 1.43% | ₹5.84 Cr | +1.90% | +1.50% | +0.98% |
| Bharat Electronics Ltd. | Capital Goods | 1.40% | ₹5.71 Cr | +1.95% | +2.56% | +2.55% |
| Max Healthcare Institute Ltd. | Healthcare | 1.40% | ₹5.72 Cr | +1.81% | +1.31% | +0.84% |
| Mphasis Ltd. | Technology | 1.32% | ₹5.39 Cr | +1.24% | +1.27% | +1.15% |
| GE Vernova T&D India Ltd | Capital Goods | 1.31% | ₹5.34 Cr | +1.70% | +1.36% | — |
| Max Financial Services Ltd. | Financial | 1.30% | ₹5.32 Cr | +1.40% | +1.43% | +1.76% |
| Adani Enterprises Ltd. | Services | 1.27% | ₹5.16 Cr | +0.54% | — | — |
| Maruti Suzuki India Ltd. | Automobile | 1.25% | ₹5.12 Cr | +2.05% | +1.94% | +2.20% |
| JSW Steel Ltd. | Metals & Mining | 1.23% | ₹5.01 Cr | +1.12% | +1.25% | +0.80% |
| Gabriel India Ltd. | Automobile | 1.22% | ₹4.96 Cr | — | — | — |
| Divi's Laboratories Ltd. | Healthcare | 1.16% | ₹4.74 Cr | +0.66% | +0.65% | +0.54% |
| Hindustan Copper Ltd. | Metals & Mining | 1.11% | ₹4.53 Cr | — | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.05% | ₹4.27 Cr | +1.53% | +1.14% | +2.00% |
| Multi Commodity Exchange Of India Ltd. | Services | 1.03% | ₹4.19 Cr | +0.65% | +0.59% | — |
| UNO Minda Ltd. | Automobile | 1.00% | ₹4.10 Cr | +0.87% | +0.90% | +1.46% |
| Ultratech Cement Ltd. | Materials | 0.99% | ₹4.05 Cr | +1.29% | +1.33% | +1.14% |
| Navin Fluorine International Ltd. | Chemicals | 0.97% | ₹3.94 Cr | +1.23% | +1.07% | — |
| TVS Motor Company Ltd. | Automobile | 0.96% | ₹3.90 Cr | +0.75% | +1.59% | +1.67% |
| Hindalco Industries Ltd. | Metals & Mining | 0.92% | ₹3.77 Cr | +0.88% | +0.88% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.90% | ₹3.67 Cr | +0.89% | — | — |
| Others | Others | 0.89% | ₹3.62 Cr | -0.46% | -0.52% | -0.44% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.88% | ₹3.60 Cr | +0.73% | — | — |
| Trent Ltd. | Services | 0.87% | ₹3.56 Cr | +1.02% | +0.45% | +1.30% |
| Tata Motors Ltd. | Automobile | 0.85% | ₹3.49 Cr | +0.80% | +0.69% | — |
| CORONA Remedies Ltd. | Healthcare | 0.81% | ₹3.29 Cr | — | — | — |
| ICICI Prudential Asset Management Company Ltd. | Financial | 0.79% | ₹3.21 Cr | +0.78% | +0.71% | — |
| JK Cement Ltd. | Materials | 0.71% | ₹2.89 Cr | +0.71% | +0.97% | +0.75% |
| Adani Energy Solutions Ltd. | Energy | 0.67% | ₹2.73 Cr | +0.50% | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.60% | ₹2.43 Cr | +0.61% | +0.50% | +0.52% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.59% | ₹2.41 Cr | +0.81% | +1.79% | — |
| Cemindia Projects Ltd. | Construction | 0.58% | ₹2.38 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.57% | ₹2.34 Cr | +0.98% | +1.67% | +1.01% |
| JIO Financial Services Ltd. | Financial | 0.53% | ₹2.17 Cr | +0.85% | +1.70% | +1.95% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.52% | ₹2.11 Cr | — | — | — |
| Info Edge (India) Ltd. | Services | 0.47% | ₹1.92 Cr | — | +0.77% | +1.14% |
| Persistent Systems Ltd. | Technology | 0.45% | ₹1.85 Cr | +0.35% | +0.42% | +0.37% |
| Polycab India Ltd. | Capital Goods | 0.45% | ₹1.83 Cr | +1.14% | +0.85% | +0.99% |
| Reserve Bank of India | Financial | 0.07% | ₹0.27 Cr | +0.07% | +0.07% | +0.06% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Stock Exchange | 0.00% | 1.70% | +1.70% |
| Larsen & Toubro Ltd. | 3.58% | 2.49% | -1.09% |
| Maruti Suzuki India Ltd. | 1.97% | 1.25% | -0.72% |
| Tata Consultancy Services Ltd. | 0.70% | 0.00% | -0.70% |
| State Bank of India | 4.76% | 4.18% | -0.58% |
| Cemindia Projects Ltd. | 0.00% | 0.58% | +0.58% |
| Others | 0.23% | -0.30% | -0.53% |
| Info Edge (India) Ltd. | 0.00% | 0.47% | +0.47% |
| HDFC Bank Ltd. | 6.49% | 6.95% | +0.46% |
| CORONA Remedies Ltd. | 0.54% | 0.81% | +0.27% |
| Gabriel India Ltd. | 0.96% | 1.22% | +0.26% |
| ICICI Bank Ltd. | 9.66% | 9.41% | -0.25% |
| Navin Fluorine International Ltd. | 1.15% | 0.97% | -0.18% |
| Infosys Ltd. | 2.86% | 2.69% | -0.17% |
| Kotak Mahindra Bank Ltd. | 2.36% | 2.52% | +0.16% |
| Bharti Airtel Ltd. | 4.15% | 4.31% | +0.16% |
| Adani Ports and Special Economic Zone Ltd. | 0.73% | 0.88% | +0.15% |
| Eternal Ltd. | 3.13% | 3.27% | +0.14% |
| CG Power and Industrial Solutions Ltd. | 1.19% | 1.05% | -0.14% |
| NTPC Ltd. | 2.25% | 2.37% | +0.12% |
| Adani Enterprises Ltd. | 1.16% | 1.27% | +0.11% |
| Ultratech Cement Ltd. | 1.10% | 0.99% | -0.11% |
| Solar Industries India Ltd. | 2.56% | 2.45% | -0.11% |
| Mahindra & Mahindra Ltd. | 2.78% | 2.68% | -0.10% |
| Shriram Finance Ltd | 1.78% | 1.69% | -0.09% |
| Max Financial Services Ltd. | 1.39% | 1.30% | -0.09% |
| Titan Company Ltd. | 2.48% | 2.39% | -0.09% |
| ICICI Prudential Asset Management Company Ltd. | 0.72% | 0.79% | +0.07% |
| Max Healthcare Institute Ltd. | 1.47% | 1.40% | -0.07% |
| Mphasis Ltd. | 1.39% | 1.32% | -0.07% |
| Divi's Laboratories Ltd. | 1.10% | 1.16% | +0.06% |
| Tata Consumer Products Ltd. | 2.62% | 2.57% | -0.05% |
| LG Electronics India Ltd. | 0.54% | 0.59% | +0.05% |
| Bajaj Finance Ltd. | 2.05% | 2.00% | -0.05% |
| Torrent Pharmaceuticals Ltd. | 3.22% | 3.27% | +0.05% |
| Axis Bank Ltd. | 3.20% | 3.24% | +0.04% |
| Cholamandalam Investment and Finance Company Ltd. | 0.64% | 0.60% | -0.04% |
| Hitachi Energy India Ltd. | 1.47% | 1.43% | -0.04% |
| Multi Commodity Exchange Of India Ltd. | 0.99% | 1.03% | +0.04% |
| Tata Motors Ltd. | 0.89% | 0.85% | -0.04% |
| Polycab India Ltd. | 0.49% | 0.45% | -0.04% |
| JK Cement Ltd. | 0.67% | 0.71% | +0.04% |
| Hindustan Copper Ltd. | 1.15% | 1.11% | -0.04% |
| JSW Steel Ltd. | 1.20% | 1.23% | +0.03% |
| Tata Steel Ltd. | 0.54% | 0.57% | +0.03% |
| Apollo Hospitals Enterprise Ltd. | 0.92% | 0.90% | -0.02% |
| GE Vernova T&D India Ltd | 1.29% | 1.31% | +0.02% |
| JIO Financial Services Ltd. | 0.55% | 0.53% | -0.02% |
| TVS Motor Company Ltd. | 0.94% | 0.96% | +0.02% |
| Trent Ltd. | 0.89% | 0.87% | -0.02% |
| UNO Minda Ltd. | 1.02% | 1.00% | -0.02% |
| company:20133 | 0.02% | 0.00% | -0.02% |
| Reliance Industries Ltd. | 5.30% | 5.28% | -0.02% |
| Bharat Electronics Ltd. | 1.39% | 1.40% | +0.01% |
| Bharat Heavy Electricals Ltd. | 0.51% | 0.52% | +0.01% |
| Hindalco Industries Ltd. | 0.93% | 0.92% | -0.01% |
| Reserve Bank of India | 0.06% | 0.07% | +0.01% |
| Adani Energy Solutions Ltd. | 0.67% | 0.67% | 0.00% |
| Persistent Systems Ltd. | 0.45% | 0.45% | 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 | ₹3,138 Cr | 2.31% | 10.1% | 7.1% | 11.3% |
 DSP Large Cap Fund | ₹6,642 Cr | 2.02% | 6.5% | 5.3% | 10.3% |
 Quant Large Cap Fund | ₹3,669 Cr | 2.75% | 11.5% | 6.5% | — |
 Bandhan Large Cap Fund | ₹2,098 Cr | 2.20% | 10.6% | 7.7% | 11.2% |
 Invesco India Large Cap Fund | ₹1,995 Cr | 2.14% | 14.1% | 9.0% | 12.2% |
 WhiteOak Capital Large Cap Fund | ₹1,287 Cr | 2.45% | 8.0% | 6.9% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities of large cap companies.
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.
- 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
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 months5.25% absolute | ₹60,000 | ₹63,150 | 5.25% | |
| 1 year−0.58% annualised | ₹1,20,000 | ₹1,19,624 | −0.31% | |
| 3 years8.92% annualised | ₹3,60,000 | ₹4,14,084 | 15.02% | |
| 5 years6.43% annualised | ₹6,00,000 | ₹7,09,245 | 18.21% |
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 Largecap Fund?
The NAV of Union Largecap Fund is ₹23.88 as on 9 Nov 2026.
What is the expense ratio of Union Largecap Fund?
The expense ratio of Union Largecap Fund is 2.58% per year.
What is the minimum SIP amount for Union Largecap Fund?
You can start a SIP in Union Largecap Fund with ₹3,000 a month.
What returns has Union Largecap Fund given?
Union Largecap Fund has returned 6.5% over 1 year, 3.8% over 3 years and 7.5% over 5 years (annualised).
Is there a lock-in or exit load on Union Largecap Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 15 days..
How risky is Union Largecap Fund?
Union Largecap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages Union Largecap Fund?
Union Largecap Fund is managed by Union Mutual Fund, which runs 30 schemes with ₹28,977 Cr under management.