GMP IPO Watch
Union Small Cap Fund
Direct Plan · IDCW Option · Union Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +1.83% | +2.20% | 23 of 36 |
| 1M | -1.40% | -1.69% | 14 of 36 |
| 3M | -1.46% | -2.25% | 14 of 36 |
| 6M | -4.38% | +6.44% | 36 of 36 |
| YTD | +4.18% | +9.67% | 26 of 36 |
| 1Y | +0.93% | +4.27% | 22 of 31 |
| 2Y | +1.78% | +1.13% | 14 of 28 |
| 3Y | +10.58% | +12.07% | 17 of 26 |
| 5Y | +13.26% | +12.03% | 9 of 21 |
| 7Y | +21.49% | +19.95% | 8 of 17 |
| 10Y | +12.40% | +13.00% | 8 of 12 |
| INCEPTION | +12.32% | — | — |
Ranked among: Equity Scheme - Small Cap Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.71% | +39.46% | -29.24% | 64% | 25% |
| 6M | +7.40% | +59.84% | -33.71% | 65% | 26% |
| 1Y | +15.24% | +116.82% | -39.92% | 74% | 30% |
| 2Y | +14.28% | +71.43% | -25.93% | 78% | 33% |
| 3Y | +14.16% | +43.15% | -17.66% | 71% | 31% |
| 5Y | +14.39% | +35.77% | -8.82% | 85% | 37% |
| 7Y | +14.53% | +24.91% | +7.09% | 100% | 45% |
| 10Y | +12.92% | +15.11% | +9.61% | 100% | 45% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity98.43%
- Debt0.07%
- Cash1.50%
- Other0.00%
Market Cap Split
- Large Cap4.80%
- Mid Cap16.41%
- Small Cap77.22%
- Others1.57%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 35.24 | 28.70 |
| P/B | 6.36 | 4.31 |
| Price / Sales | 5.52 | 3.19 |
| Price / Cash Flow | 33.96 | 24.64 |
| Dividend Yield (%) | 0.33 | 0.66 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Navin Fluorine International | Chemicals & Petrochemicals | 3.40% | -0.27% |
| Gabriel | Auto Components | 3.08% | -0.27% |
| Karur Vysya Bank | Banks | 3.06% | -0.30% |
| MCX | Capital Markets | 2.99% | -0.17% |
| Kirloskar Oil Engines | Industrial Products | 2.87% | +0.19% |
| GE Vernova T&D | Electrical Equipment | 2.73% | -0.23% |
| Milky Mist Dairy Food | Food Products | 2.52% | +0.80% |
| SJS Enterprises | Auto Components | 2.45% | -0.32% |
| Azad Engineering | Electrical Equipment | 2.44% | +0.03% |
| Ujjivan Small Finance Bank | Banks | 2.24% | -0.11% |
| Corona Remedies | Pharmaceuticals & Biotechnology | 2.20% | +0.12% |
| Data Patterns | Aerospace & Defense | 2.20% | -0.17% |
| Hindustan Copper | Non - Ferrous Metals | 2.12% | -0.30% |
| Acutaas Chemicals | Pharmaceuticals & Biotechnology | 1.94% | +0.02% |
| TREPS | Reverse Repo / TREPS | 1.79% | — |
View all 88 holdings
| Hitachi Energy | Electrical Equipment | 1.77% | +0.03% |
| Sai Life Sciences | Pharmaceuticals & Biotechnology | 1.76% | +0.04% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 1.68% | -0.13% |
| City Union Bank | Banks | 1.65% | -0.07% |
| Radico Khaitan | Beverages | 1.60% | -0.08% |
| MTAR Technologies | Electrical Equipment | 1.59% | +0.12% |
| Sansera Engineering | Auto Components | 1.59% | +0.15% |
| Krishna Institute of Medical Sciences | Equity | 1.56% | -0.06% |
| Tempsens Instruments | Industrial Manufacturing | 1.46% | +0.92% |
| CarTrade Tech | Retailing | 1.27% | -0.08% |
| Welspun Corp | Industrial Products | 1.27% | +0.13% |
| KEI Industries | Industrial Products | 1.26% | -0.40% |
| KFin Technologies | Capital Markets | 1.25% | -0.23% |
| eClerx Services | Commercial Services & Supplies | 1.24% | -0.14% |
| Amber Enterprises | Consumer Durables | 1.22% | -0.21% |
| Vijaya Diagnostic Centre | Equity | 1.21% | -0.10% |
| KPR Mill | Textiles & Apparels | 1.20% | -0.11% |
| PNB Housing Finance | Finance | 1.18% | +0.08% |
| Eureka Forbes | Consumer Durables | 1.15% | -0.25% |
| Ather Energy | Automobiles | 1.15% | -0.27% |
| Apar Industries | Electrical Equipment | 1.13% | -0.05% |
| RBL Bank | Banks | 1.07% | +0.03% |
| PTC Industries | Industrial Products | 1.03% | -0.02% |
| KSB | Industrial Products | 1.02% | +0.03% |
| Syrma SGS | Industrial Manufacturing | 1.02% | +0.17% |
| Home First Finance Company | Finance | 1.02% | -0.09% |
| Fortis Healthcare | Equity | 1.01% | -0.20% |
| Cemindia Projects | Construction | 0.99% | -0.06% |
| TD Power Systems | Electrical Equipment | 0.98% | -0.01% |
| Shilpa Medicare | Pharmaceuticals & Biotechnology | 0.91% | — |
| Sagility | IT - Services | 0.90% | -0.12% |
| Prudent Corporate Advisory Services | Capital Markets | 0.89% | +0.10% |
| DOMS Industries | Household Products | 0.87% | -0.08% |
| Shadowfax Technologies | Transport Services | 0.87% | +0.05% |
| Sumitomo Chemical | Fertilizers & Agrochemicals | 0.84% | -0.19% |
| JK Cement | Cement & Cement Products | 0.80% | -0.02% |
| Neuland Laboratories | Pharmaceuticals & Biotechnology | 0.78% | -0.08% |
| National Stock Exchange of India | Capital Markets | 0.78% | — |
| Delhivery | Transport Services | 0.76% | -0.11% |
| INOX India | Industrial Products | 0.75% | -0.05% |
| Aarti Industries | Chemicals & Petrochemicals | 0.71% | -0.09% |
| Sky Gold And Diamonds | Consumer Durables | 0.71% | -0.01% |
| Brigade Enterprises | Realty | 0.69% | -0.12% |
| 360 One WAM | Capital Markets | 0.67% | -0.11% |
| Affle 3i | IT - Services | 0.66% | -0.06% |
| Jubilant Ingrevia | Chemicals & Petrochemicals | 0.66% | -0.04% |
| ZF Commercial | Auto Components | 0.64% | -0.07% |
| Sobha | Realty | 0.61% | -0.03% |
| Garden Reach Shipbuilders | Aerospace & Defense | 0.60% | -0.12% |
| Craftsman Automation | Auto Components | 0.59% | -0.06% |
| Angel One | Capital Markets | 0.58% | -0.04% |
| BSE | Capital Markets | 0.57% | -0.05% |
| Venus Pipes & Tubes | Industrial Products | 0.56% | +0.12% |
| Mamaearth | Personal Products | 0.55% | -0.08% |
| Varmora Granito | Consumer Durables | 0.55% | — |
| Aether Industries | Chemicals & Petrochemicals | 0.53% | -0.01% |
| KSH International | Industrial Products | 0.51% | +0.01% |
| Info Edge | Retailing | 0.48% | — |
| Shiprocket | Transport Services | 0.47% | -0.09% |
| Graphite | Industrial Products | 0.44% | — |
| Lumax Auto Technologies | Auto Components | 0.44% | -0.01% |
| Deepak Fertilisers & Petrochemicals | Chemicals & Petrochemicals | 0.43% | -0.03% |
| One 97 Communications | Financial Technology (Fintech) | 0.43% | — |
| Power Mech Projects | Construction | 0.43% | +0.10% |
| Chalet Hotels | Leisure Services | 0.42% | -0.04% |
| Max Financial Services | Insurance | 0.40% | -0.07% |
| Anthem Biosciences | Pharmaceuticals & Biotechnology | 0.40% | -0.03% |
| Nippon Life India AMC | Capital Markets | 0.39% | -0.05% |
| CESC | Power | 0.34% | -0.04% |
| Kanohar Electricals | Electrical Equipment | 0.25% | — |
| 91 Day Treasury Bills | Money Market | 0.04% | +0.00% |
| 91TB241226 | Money Market | 0.03% | — |
| Net Receivable / Payable | Net Current Assets | -0.29% | — |
Sector Allocation · Sep 2026
View all 31 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 22.40 | 17.38 | High Volatility |
| 3Y | 20.08 | 17.33 | High Volatility |
| 5Y | 18.21 | 16.60 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.20 | -0.11 | Below Average |
| 3Y | 0.29 | 0.41 | Below Average |
| 5Y | 0.47 | 0.40 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.20 | 0.46 | Below Average |
| 3Y | 0.79 | 1.03 | Below Average |
| 5Y | 1.03 | 1.05 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.91 | 0.95 | Good Risk Adjusted Returns |
| 3Y | 0.85 | 0.87 | Good Risk Adjusted Returns |
| 5Y | 0.82 | 0.83 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
TRUSTMF SMALL CAP FUND
Direct Plan · IDCW
|
+21.01% | — | — | +16.31% |
|
BANK OF INDIA SMALL CAP FUND
Direct Plan · IDCW
|
+20.61% | +19.35% | +18.69% | +22.06% |
|
ITI Small Cap Fund
Direct Plan · IDCW Option
|
+12.00% | +20.07% | +15.88% | +20.57% |
|
Motilal Oswal Small Cap Fund
Regular Plan · Growth
|
+11.83% | — | — | +18.19% |
|
Invesco India Small Cap Fund
Direct Plan · Growth
|
+11.56% | +20.66% | +18.82% | +23.11% |
|
DSP Small Cap Fund
Regular Plan · Growth
|
+11.23% | +15.62% | +15.12% | +17.28% |
|
LIC MF Small Cap Fund
Regular Plan · Growth
|
+10.29% | +15.51% | — | +15.68% |
|
PGIM India Small Cap Fund
Direct Plan · Direct Growth
|
+9.52% | +15.36% | +11.72% | +13.35% |
|
Aditya Birla Sun Life Small Cap Fund
Regular Plan · GROWTH
|
+9.07% | +13.47% | +11.52% | +12.29% |
|
Mahindra Manulife Small Cap Fund
Regular Plan · Growth
|
+8.95% | +16.71% | — | +22.00% |
More From Union Asset Management Company Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Union Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+17.00% | — | — | +31.55% |
|
Union Gold ETF
Direct Plan · Growth Option
|
+16.73% | — | — | +31.97% |
|
Union Active Momentum Fund
Direct Plan · IDCW Option
|
+15.74% | — | — | +0.32% |
|
Union Innovation & Opportunities Fund
Direct Plan · Growth Option
|
+8.71% | +19.25% | — | +17.75% |
|
Union Arbitrage Fund
Direct Plan · IDCW Option
|
+6.65% | +7.17% | +6.60% | +5.78% |
|
Union Money Market Fund
Direct Plan · Growth Option
|
+6.62% | +7.14% | +6.53% | +6.40% |
|
Union Liquid Fund
Direct Plan · Growth Option
|
+6.49% | +6.92% | +6.45% | +6.53% |
|
Union Diversified Equity All Cap Active FOF
Direct Plan · IDCW Option
|
+5.99% | — | — | +7.33% |
|
Union Multicap Fund
Direct Plan · Growth Option
|
+5.87% | +15.07% | — | +17.37% |
|
Union Multi Asset Allocation Fund
Direct Plan · Growth Option
|
+5.71% | — | — | +9.50% |
About This Scheme
Investment Objective
To achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities, predominantly of small cap companies. However, there is no assurance that the Investment Objective of the scheme will be achieved.
Stated Asset Allocation
Equity & Equity Related Instruments of Small Cap entity(ies)# - 65% - 100% of net assets, Equity and Equity related instruments of entity(ies) other than Small Cap entity(ies)# - 0% - 35% of net assets, Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI - 0% - 35% of net assets, Units issued by InvITs - 0% - 10% of net assets. (# In accordance with Clause 3.9 of SEBI Master Circular for Mutual Funds dated March 20, 2026, Large Cap, Mid Cap and Small Cap are defined as follows: • Large Cap: 1st - 100th company in terms of full market capitalization • Mid Cap: 101st - 250th company in terms of full market capitalization • Small Cap: 251st company onwards in terms of full market capitalization.) Please refer the Scheme Information Document for more details.
Exit Load
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.
Fund Managers
FM 1 Mr. Pratik Dharmshi, FM 2 Mr. Gaurav Chopra
FM 1 - Co-manage, FM 2 - Co-manage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.