Union Midcap Fund Direct Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio1.04
• Std Deviation 15.28%
• Tracking Error 0.00%

The investment objective of the Scheme is to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies.

The Union Midcap Fund Direct Growth has an AUM of 1598.18 crores & has delivered CAGR of 18.27% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.74%. The minimum investment in Union Midcap Fund Direct Growth is Rs 1000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Federal Bank, Max Financial Services, Indian Bank & L&T Finance.

The major sectors where the fund is invested are Regional Banks, Chemical Manufacturing, Auto & Truck Parts & Consumer Financial Services.

Some of the similar funds are ITI Mid Cap Fund Direct Growth, Baroda BNP Paribas Mid Cap Fund Direct Plan Growth Option, Union Midcap Fund Direct Growth, JM Midcap Fund Direct Growth, Bandhan Midcap Fund Direct Growth. Union Midcap Fund Direct Growth has a sharpe ratio of 1.04 & a standard deviation of 15.28%.