Union Small Cap Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 93% of 3-year investment horizons.
- Generated +2.0% annualized alpha (excess return) over its benchmark.
- Over 12 years of operational history across different market cycles.
- Experienced a maximum drawdown of -45.5% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.03% | +1.11% | -1.08% |
| 3 Months | -1.13% | -1.13% | 0.00% |
| 6 Months | +7.47% | +7.86% | -0.39% |
| 1 Year | +17.28% | +11.28% | +6.00% |
| 3 Years CAGR | +14.12% | +13.50% | +0.62% |
| 5 Years CAGR | +14.94% | +13.60% | +1.34% |
| 7 Years CAGR | +22.98% | +22.98% | 0.00% |
| 10 Years CAGR | +16.85% | +16.91% | -0.06% |
| Since Inception | +15.28% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Union Small Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +20.36% | +13.95% | +6.41% |
| 2025 | -4.71% | -3.98% | -0.73% |
| 2024 | +23.62% | +25.60% | -1.98% |
| 2023 | +41.38% | +41.38% | 0.00% |
| 2022 | -1.01% | -0.63% | -0.38% |
| 2021 | +62.14% | +61.25% | +0.89% |
| 2020 | +30.17% | +33.12% | -2.95% |
| 2019 | +2.41% | +2.56% | -0.15% |
| 2018 | -20.36% | -19.99% | -0.37% |
| 2017 | +43.01% | +42.89% | +0.12% |
| 2016 | -3.38% | +2.64% | -6.02% |
| 2015 | +2.05% | +8.98% | -6.93% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -28.04% | +16.91% | +13.48% | +115.34% | 75.2% | 55.8% |
| 3-Year Rolling | -10.24% | +16.40% | +17.12% | +42.19% | 93.3% | 31.3% |
| 5-Year Rolling | -4.15% | +16.63% | +16.21% | +34.74% | 97.2% | 36.9% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2018-01-15 | 2020-03-23 | -45.5% | 26 months | 9 months |
| 2024-12-11 | 2025-03-03 | -26.4% | 3 months | 14 months |
| 2015-08-05 | 2016-02-26 | -23.4% | 7 months | 5 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| 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. |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 2,796 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Small Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Small Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Axis Small Cap Fund | 5.4 | +12.96% | 1.68% | 75.8% | Rs 30,679 cr | Compare → |
| Sundaram Small Cap Fund | 3.7 | +13.27% | 2.02% | 82.9% | Rs 4,044 cr | Compare → |
| PGIM India Small Cap Fund | 4.5 | +13.72% | 2.35% | 75.2% | Rs 1,773 cr | Compare → |
| Edelweiss Small Cap Fund | 5.4 | +12.38% | 1.94% | 79.8% | Rs 7,158 cr | Compare → |
| DSP Small Cap Fund | 5.1 | +15.10% | 1.70% | 87.5% | Rs 21,210 cr | Compare → |
Frequently Asked Questions about Union Small Cap Fund
What is the expense ratio of Union Small Cap Fund?
Union Small Cap Fund has a total expense ratio (TER) of 2.17% with a base expense ratio of 1.69%, compared to the Small Cap category median of 2.17%.
Who manages Union Small Cap Fund?
Union Small Cap Fund is managed by Pratik Dharmshi.
What are the historical returns of Union Small Cap Fund?
Union Small Cap Fund delivered a 3-year CAGR of 14.12% and a 5-year CAGR of 14.94%. Its 1-year return stands at +17.28%.
How large is Union Small Cap Fund?
Union Small Cap Fund manages assets of Rs 2,796 cr, placing it in the 'small' size band relative to Small Cap peers.
How is Union Small Cap Fund scored on MFIQ?
Union Small Cap Fund holds an MFIQ Score of 4.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Union Small Cap Fund?
Union Small Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 19.02% with a maximum historical drawdown of -45.52%.