Union Small Cap Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Small Cap Fund

Fund House :

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 30.44 0.03%
(as on 30th January, 2023)

Crisil Rank

Below average performance among peers

Fund Size

: ₹ 711.7 Cr

(0.6% of Investment in Category)

Expense Ratio

: 1.44%

(0.76% Category average)

Risk-O-Meter

Very High

Small Cap Fund :Small Cap Fund : The fund has 99.27% investment in domestic equities of which , 9.05% is in Mid Cap stocks, 37.24% in Small Cap stocks.The fund has 0.14% investment in Debt, of which 0.14% in Government securities.

Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for very high returns. At the same time, these investors should also be ready for possibility of higher losses in their investments.

1M
3M
6M
1Y
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5Y
ALL

This Scheme

VS

Nifty 50

-4.58%

-3.18%

3.96%

-4.46%

22.09%

6.36%

10.66%
NA
-2.56%

-2.5%

3.86%

2.37%

29.14%

12.16%

18.01%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

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Profit/Loss

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Annualised Returns

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Returns (NAV as on 30th January, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23-Jan-23	9828.90	-1.71%	-	-2.09%	6/31
1 Month	30-Dec-22	9697.40	-3.03%	-	-2.56%	21/31
3 Month	28-Oct-22	9165.90	-8.34%	-	-2.50%	30/30
6 Month	29-Jul-22	9857.50	-1.43%	-	3.86%	30/30
YTD	30-Dec-22	9697.40	-3.03%	-	-2.56%	21/31
1 Year	28-Jan-22	9915.30	-0.85%	-0.84%	2.37%	23/30
2 Year	29-Jan-21	15626.30	56.26%	24.97%	29.14%	25/29
3 Year	30-Jan-20	18977.60	89.78%	23.78%	26.37%	20/26
5 Year	30-Jan-18	17394.30	73.94%	11.70%	12.16%	7/14
Since Inception	10-Jun-14	30440.00	204.40%	13.74%	18.01%	26/31

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 30th January, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	28-Jan-22	12000	11810.07	-1.58 %	-2.9 %
2 Year	29-Jan-21	24000	25887.25	7.86 %	7.44 %
3 Year	30-Jan-20	36000	50729.7	40.92 %	23.55 %
5 Year	30-Jan-18	60000	100507.71	67.51 %	20.72 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 31st Dec,2022)

Portfolio Turnover Ratio : 112.00% | Category average turnover ratio is 56.67%

Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 99.27% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.27%

No of Stocks : 63 (Category Avg - 74.30) | Large Cap Investments : 0%| Mid Cap Investments : 9.05% | Small Cap Investments : 37.24% | Other : 52.98%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Krishna Institute of Medical Sciences Ltd.	Hospital	236.5	3.32%	-0.29%	3.61% (Nov 2022)	2.62% (Aug 2022)	1.53 L	-0.22 L
Neogen Chemicals Ltd.	Chemicals - speciality	212.7	2.99%	-0.62%	3.61% (Nov 2022)	2.72% (Jun 2022)	1.70 L	-0.35 L
J.b. Chemicals & Pharmaceuticals Ltd.	Pharmaceuticals	209.2	2.94%	-0.05%	2.99% (Nov 2022)	2.14% (Jan 2022)	1.08 L	0.00
CreditAccess Grameen Ltd.	Nbfc	191.1	2.68%	-0.08%	3.31% (Jun 2022)	1.79% (Jan 2022)	2.09 L	0.00
Safari Industries (India) Ltd.	Plastic products	186.7	2.62%	0.12%	2.62% (Dec 2022)	1.53% (Jul 2022)	1.11 L	0.00
Cera Sanitaryware Ltd.	Sanitary ware	180.4	2.54%	-0.02%	2.57% (Oct 2022)	0% (Jan 2022)	34.65 k	0.00
Tatva Chintan Pharma Chem Ltd.	Chemicals - speciality	172.3	2.42%	-0.31%	3.61% (Jun 2022)	2.42% (Dec 2022)	80.11 k	-8.93 k
Eureka Forbes Ltd.	Home appliances	169.3	2.38%	0.11%	2.38% (Dec 2022)	0% (Jan 2022)	3.52 L	0.00
Saregama India Ltd.	Flim production, distribution & exhibition	168.7	2.37%	-0.17%	2.54% (Nov 2022)	1.57% (Sep 2022)	4.38 L	-0.45 L
Mahindra Logistics Ltd.	Logistics solution provider	168.1	2.36%	-0.08%	2.44% (Nov 2022)	1.4% (Feb 2022)	3.35 L	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 1 (Category Avg - 0.20) | Modified Duration 0.00 Years (Category Avg - 0.83)| Yield to Maturity - -- (Category Avg - 6.47%)

Type of Holdings

Security Type	% Weight	Category Average
T-Bills	0.14%	0.02%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	0.14%	0.02%
Low Risk	0.00%	0.00%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	2.65%
Net Receivables	Net Receivables	-0.12%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th December, 2022)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

20.08vs19.69

Category Avg
Beta
Beta 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. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.77vs0.81

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

1vs0.98

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.26vs0.24

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

9.71vs5.56

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Tata Small Cap Fund - Direct Plan - Growth	5	3117.26	-2.89	2.09	12.05	9.50	29.48
ICICI Prudential Smallcap Fund - Direct Plan - Growth	3	4598.77	-2.46	-2.60	1.73	6.37	25.73
Nippon India Small Cap Fund - Direct Plan - Growth	4	23701.28	-3.70	-2.05	5.57	6.00	30.53
Quant Small Cap Fund - Direct Plan - Growth	5	2870.43	-3.69	3.29	12.96	4.47	48.16
HDFC Small Cap Fund - Direct Plan - Growth	3	14649.44	-3.10	1.05	9.39	4.42	25.45
Franklin India Smaller Companies Fund - Direct - Growth	2	7287.57	-3.24	-1.22	6.10	3.97	22.25
Axis Small Cap Fund - Direct Plan - Growth	3	11390.24	-2.12	-1.18	4.76	3.66	23.60
Canara Robeco Small Cap Fund - Direct Plan - Growth	4	4567.76	-3.83	-2.98	0.44	3.44	33.47
Edelweiss Small Cap Fund - Direct Plan - Growth	3	1437.69	-2.68	-1.98	3.29	3.36	29.30
Invesco India Smallcap Fund - Direct - Growth	2	1406.71	-2.11	-1.39	4.94	1.65	23.86

Detailed Comparison

More Funds from

Out of 22 mutual fund schemes offered by this AMC, 4 is/are ranked 4 * , 4 is/are ranked 3 * , 2 is/are ranked 2 * , 2 is/are ranked 1 * , and 10 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Balanced Advantage Fund - Direct Plan - Growth	NA	1742.49	-0.56	0.44	2.76	4.41	12.05
Union Liquid Fund - Direct Plan - Growth	3	1470.84	0.54	1.67	3.11	5.19	4.28
Union Flexi Cap Fund - Direct Plan - Growth	4	1360.97	-3.71	-2.78	1.87	0.74	16.91
Union Flexi Cap Fund - Direct Plan - Growth	4	1360.97	-3.71	-2.78	1.87	0.74	16.91
Union Small Cap Fund - Direct Plan - Growth	2	711.70	-3.03	-8.34	-1.42	-0.84	23.78
Union Long Term Equity Fund - Direct Plan - Growth	4	577.52	-3.28	-2.77	2.08	3.02	17.64
Union Midcap Fund - Direct Plan - Growth	NA	573.31	-4.62	-5.98	-1.78	-0.07	0.00
Union Hybrid Equity Fund - Direct Plan - Growth	NA	549.04	-2.92	-2.09	1.69	1.11	0.00
Union Multicap Fund - Direct Plan - Growth	NA	436.54	-4.08	0.00	0.00	0.00	0.00
Union Large and Mid Cap Fund - Direct Plan - Growth	4	408.03	-4.44	-4.66	-0.36	-0.12	16.87