Should I invest in Union Midcap Fund?

We don't give personal investment advice. Union Midcap Fund - Direct Plan - Growth Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 21.3%. 5-year CAGR: 16.87%.

Union

Union Midcap Fund - Direct Plan - Growth Option

Latest NAV

₹56.4800

As of

17 Jul 2026

1,552 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.25%	-0.23%	-0.02	19 / 34	Q3
1W	-0.16%	-0.54%	+0.38	6 / 34	Q1
2W	+1.11%	+0.58%	+0.53	7 / 34	Q1
1M	+2.26%	+1.91%	+0.36	13 / 34	Q2
3M	+6.79%	+6.18%	+0.61	11 / 34	Q2
6M	+9.20%	+7.27%	+1.94	9 / 33	Q2
YTD	+6.83%	+5.24%	+1.59	11 / 33	Q2
1Y	+9.14%	+6.21%	+2.93	8 / 33	Q1
2Y	+6.69%	+4.78%	+1.91	9 / 31	Q2
3Y	+19.23%	+19.66%	-0.43	19 / 31	Q3
4Y	+19.99%	+20.58%	-0.60	17 / 27	Q3
5Y	+16.87%	+17.15%	-0.28	15 / 24	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+30.82%	+19.25%	+11.58	1 / 34	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+6.83%	+5.24%	+1.59	11 / 33
2025	+3.25%	+2.51%	+0.75	15 / 31
2024	+30.46%	+29.88%	+0.59	13 / 31
2023	+33.87%	+38.88%	-5.01	24 / 30
2022	-0.82%	+4.09%	-4.91	21 / 24
2021	+53.25%	+45.26%	+7.99	3 / 23
2020	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+28.34%

65 windows

min -2.3% · max 90.4%

95% positive

3-Year rolling

+24.84%

41 windows

min 17.9% · max 39.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+25.14%

17 windows

min 16.9% · max 34.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.76%

3-year · annualised

Sharpe ratio

0.79

vs risk-free 6.5%

Sortino ratio

1.29

Downside-only deviation

Max drawdown

-21.26%

Sep 2024 → Feb 2025

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Mid Cap Fund - Growth Option - Direct Plan	HDFC	₹229.2790	17 Jul 2026
NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option	Nippon India	₹191.8428	17 Jul 2026
SBI MIDCAP FUND - DIRECT PLAN - GROWTH	SBI	₹274.8819	17 Jul 2026
ICICI Prudential MidCap Fund - Direct Plan - Growth	ICICI Prudential	₹379.8000	17 Jul 2026
Invesco India Midcap Fund - Direct Plan - Growth Option	Invesco	₹240.7600	17 Jul 2026
BANDHAN MIDCAP FUND - GROWTH - DIRECT PLAN	Bandhan	₹19.7200	17 Jul 2026
quant Mid Cap Fund - Growth Option - Direct Plan	Quant	₹254.1999	17 Jul 2026
Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹943.0600	17 Jul 2026
Motilal Oswal Midcap Fund-Direct Plan-Growth Option	Motilal Oswal	₹114.4178	17 Jul 2026
Franklin India Mid Cap Fund - Direct - Growth	Franklin India	₹3,195.9391	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹56.4800
16 Jul 2026	₹56.6200
15 Jul 2026	₹56.7400
14 Jul 2026	₹56.3000
13 Jul 2026	₹56.6900
10 Jul 2026	₹56.5700
9 Jul 2026	₹55.6600
8 Jul 2026	₹54.8500
7 Jul 2026	₹55.8100
6 Jul 2026	₹56.1000

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Union Midcap Fund - Direct Plan - Growth Option is ₹56.4800. It's a Mid Cap Fund from Union, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Union Midcap Fund - Direct Plan - Growth Option has NAV history starting from 30 Mar 2020, a track record of about 6 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Union Midcap Fund - Direct Plan - Growth Option is managed by Union. It's classified by AMFI under the 'Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Union Midcap Fund - Direct Plan - Growth Option has delivered a absolute return of 9.14% — +2.93 pp ahead of the Mid Cap Fund category average of 6.21%. The fund ranks #8 of 33 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Union Midcap Fund - Direct Plan - Growth Option has delivered a CAGR of 19.23% — -0.43 pp behind the Mid Cap Fund category average of 19.66%. The fund ranks #19 of 31 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Union Midcap Fund - Direct Plan - Growth Option has delivered a CAGR of 16.87% — -0.28 pp behind the Mid Cap Fund category average of 17.15%. The fund ranks #15 of 24 in its category — the third (Q3) quartile.

₹1 lakh invested in Union Midcap Fund - Direct Plan - Growth Option exactly 5 years ago would be worth approximately ₹217,986 today — a multiplier of 2.18×, based on the 5-year CAGR of 16.87%. The category average over the same window would have grown ₹1 lakh to ₹220,642.

A ₹10,000 monthly SIP in Union Midcap Fund - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹924,954 today. That's an XIRR (money-weighted annualised return) of 17.34%.

Union Midcap Fund - Direct Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹924,954 — XIRR 17.34%.

On a 5-year basis, Union Midcap Fund - Direct Plan - Growth Option ranks #15 out of 24 funds in the Mid Cap Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 17.15%; this fund delivered 16.87%.

The worst peak-to-trough decline Union Midcap Fund - Direct Plan - Growth Option has experienced over the last 5-year window is 21.26% — its NAV fell from a high on 23 Sep 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Union Midcap Fund - Direct Plan - Growth Option averaged 25.14% (best 34.43%, worst 16.87%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.63 — reasonable risk-adjusted performance.

In calendar year 2025, Union Midcap Fund - Direct Plan - Growth Option returned 3.25% — beating the Mid Cap Fund category average of 2.51% by 0.75 pp. It ranked #15 of 31 in its category that year.

Union Midcap Fund - Direct Plan - Growth Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Union Midcap Fund - Direct Plan - Growth Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 21.3%. 5-year CAGR: 16.87%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.