Investment type
Union Midcap Fund - Direct (G) is a mutual fund under the Midcap category, managed by Union Mutual Fund. It was launched on 30 Dec 2009, and has been active for over 16 years. As of 31 Mar 2025 the fund manages assets worth ₹1,520 Crores. The expense ratio is 0.69%.
This fund generated returns of 1.6% in the last 1 year. Since its inception, it has provided an average annual return of 35.46%.
The fund's investments are mainly concentrated in sectors like Consumer Durables, IT-Software, Auto Components, Pharmaceuticals & Biotech and Finance.
The top five holdings in this fund include prominent companies such as Federal Bank, Max Financial, Fortis Health., Dixon Technolog. and TREPS.
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. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Midcap funds carry moderate to high risk as they invest in mid-sized companies that may be volatile but offer growth potential.
Yes, if you want higher returns than large-cap funds and are comfortable with moderate risk.
At least three to five years is ideal to benefit from the growth of mid-sized companies.
Yes, but holding for several years can help you maximize returns.
Expense ratios can range from 1% to 2%, reflecting the cost of active management.
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