Union Small Cap Fund
Union Mutual Fund · Small Cap · Regular plan, growth option
NAV (₹), 2 Oct 2026
58.3900
1-day change
-1.37%
1Y return
19.2%
3Y CAGR
15.2%
5Y CAGR
15.5%
Max drawdown, 5Y
−26.4%
NAV history month-end NAV, ₹ · 17 Jun 2014 to 1 Oct 2026
Returns vs Small Cap median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.8% | -3.6% |
| 3 months | 2.8% | 1.3% |
| 6 months | 26.1% | 23.8% |
| Year to date | 19.7% | 11.8% |
| 1 year | 19.2% | 11.3% |
| 3 years (CAGR) | 15.2% | 13.5% |
| 5 years (CAGR) | 15.5% | 14.2% |
| 7 years (CAGR) | 23.8% | 21.7% |
| 10 years (CAGR) | 16.1% | 16.0% |
| Since first NAV (CAGR) | 15.4% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 13.2% | 12.3% |
| 3Y rolling median | 17.3% | 18.7% |
| 3Y rolling worst | -10.0% | 6.0% |
| 3Y periods positive | 93% | 100% |
| 3Y periods ahead of benchmark | 29% | 46% |
| 5Y rolling median | 16.3% | 19.7% |
| 5Y rolling worst | -4.2% | 3.6% |
| 5Y periods ahead of benchmark | 34% | 60% |
Benchmark: Nifty Smallcap 250 (proxy: Motilal Oswal Nifty Smallcap 250 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 19.6% | 19.9% |
| Sharpe ratio | 0.43 | 0.40 |
| Sortino ratio | 0.66 | 0.64 |
| Beta | 0.85 | 0.87 |
| Alpha (ann.) | 2.3% | 1.5% |
| Upside capture | 88.99 | 87.79 |
| Downside capture | 85.45 | 84.89 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −45.5% | −27.3% |
| Maximum drawdown, last 10Y | −45.5% | −48.2% |
| Maximum drawdown, last 5Y | −26.4% | −24.4% |
| Current drawdown | −5.0% | −4.4% |
| Recovery time of worst fall | 270 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.17% | 2.21% |
| AUM, whole scheme (₹ crore) | n/a | n/a |
| Riskometer | n/a | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 35% | 52% median |
| Month-ends in category top quartile (3Y) | 3% | 28% median |
| 7Y rolling CAGR, median (monthly windows) | 16.4% | 17.7% median |
Category consistency: last 10 years of month-ends, Small Cap Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty Smallcap 250 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 19.7% | 5.5% | +14.2% |
| 2025 | -4.7% | -5.6% | +0.9% |
| 2024 | 23.6% | 26.5% | −2.8% |
| 2023 | 41.4% | 48.3% | −6.9% |
| 2022 | -1.0% | -3.4% | +2.4% |
| 2021 | 62.1% | 61.2% | +0.9% |
| 2020 | 30.2% | 25.9% | +4.2% |
| 2019 | 2.4% | n/a | – |
| 2018 | -20.4% | n/a | – |
| 2017 | 43.0% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty Smallcap 250 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,36,078 | 25.7% |
| 3 years | ₹3,60,000 | ₹4,48,127 | 14.7% |
| 5 years | ₹6,00,000 | ₹9,18,757 | 17.1% |
| 10 years | ₹12,00,000 | ₹32,72,670 | 19.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Union Mutual Fund
Category: Small Cap
Plan / option: Regular · Growth
AMFI scheme code: 129647
ISIN: INF582M01BY1
First NAV in MFIC data: 17 Jun 2014
History: 12.3 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bank of India Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| HSBC Small Cap Fund | Small Cap | 0.97 | 13.8% |
| HSBC Small Cap Fund | Small Cap | 0.97 | 12.6% |
| BANDHAN INNOVATION FUND | Sectoral/Thematic | 0.96 | n/a |
| JM Small Cap Fund | Small Cap | 0.96 | n/a |
| Invesco India Manufacturing Fund | Sectoral/Thematic | 0.96 | n/a |
Questions about Union Small Cap Fund
- What is the latest NAV of Union Small Cap Fund?
- The NAV of the Regular plan (growth option) was ₹58.3900 on 2 Oct 2026, as published by AMFI.
- Which category is Union Small Cap Fund in?
- It is classified as Small Cap in AMFI's daily NAV file; a Small Cap scheme invests at least 65% in small-cap stocks. MFIC compares it with 37 Small Cap schemes (Regular plans).
- What returns has Union Small Cap Fund delivered?
- Over one year the NAV changed by 19.2%. The 3-year CAGR is 15.2% (category median 13.5%) and the 5-year CAGR is 15.5% (category median 14.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 17.3%, the lowest was -10.0%, and 93% of 3-year periods ended with a gain. It was ahead of Nifty Smallcap 250 (index-fund proxy) in 29% of those periods.
- What was the largest fall in Union Small Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 45.5%; within the last five years it was 26.4% (category median 24.4%).
- How volatile is Union Small Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 19.6%, which is below the Small Cap category median of 19.9%.
- What would a monthly SIP in Union Small Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹9,18,757 on 2 Oct 2026, an annualised return (XIRR) of 17.1%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Union Small Cap Fund?
- The total expense ratio of the Regular plan is 2.17% a year, as disclosed to AMFI (median of Small Cap Regular plans: 2.21%). It is already deducted from the NAV, so every return shown is after expenses.
- How often has Union Small Cap Fund beaten its category?
- At 35% of the 112 month-ends compared over the last 10 years, its 3-year return was above the median of Small Cap schemes (Regular plans); it was in the top quarter at 3% of them. A typical scheme would show about 50%.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 20.6% and the Regular plan's by 19.2%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.