Should I invest in Union Multicap Fund?

We don't give personal investment advice. Union Multicap Fund - Direct Plan - IDCW 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.

Union

Union Multicap Fund - Direct Plan - IDCW Option

Latest NAV

₹17.9200

As of

17 Jul 2026

875 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

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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	+0.17%	0.00%	+0.17	8 / 28	Q2
1W	-0.17%	-0.36%	+0.20	5 / 28	Q1
2W	+0.73%	+0.13%	+0.60	4 / 28	Q1
1M	+2.52%	+1.70%	+0.81	7 / 28	Q1
3M	+7.24%	+5.76%	+1.48	5 / 28	Q1
6M	+8.02%	+3.75%	+4.27	5 / 28	Q1
YTD	+5.66%	+1.69%	+3.97	5 / 28	Q1
1Y	+8.54%	+1.97%	+6.57	5 / 28	Q1
2Y	+6.03%	+1.78%	+4.25	3 / 26	Q1
3Y	+16.65%	+14.20%	+2.45	6 / 21	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+18.72%	+13.82%	+4.90	4 / 28	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	+5.66%	+1.69%	+3.97	5 / 28
2025	+3.05%	+1.67%	+1.38	10 / 27
2024	+23.84%	+22.18%	+1.66	8 / 22
2023	+33.30%	+32.16%	+1.14	5 / 15
2022	—	—	—	—

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

+20.22%

32 windows

min -1.1% · max 46.7%

97% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+18.57%

7 windows

min 16.6% · max 20.6%

100% positive

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

5-Year rolling

—

Insufficient history

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

14.08%

3-year · annualised

Sharpe ratio

0.71

vs risk-free 6.5%

Sortino ratio

1.14

Downside-only deviation

Max drawdown

-19.80%

Sep 2024 → Feb 2025

% positive months

72.2%

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 Multi Cap Fund

Scheme	Fund house	NAV	As of
HDFC Multi Cap Fund - IDCW Option - Direct Plan	HDFC	₹18.1520	17 Jul 2026
NIPPON INDIA MULTI CAP FUND - DIRECT Plan - IDCW Option	Nippon India	₹86.7307	17 Jul 2026
SBI Multicap Fund- Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹17.7991	17 Jul 2026
ICICI Prudential Multicap Fund - Direct Plan - IDCW	ICICI Prudential	₹63.7400	17 Jul 2026
Invesco India Multicap Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹141.3500	17 Jul 2026
BANDHAN MULTI CAP FUND - IDCW - DIRECT PLAN	Bandhan	₹16.5460	17 Jul 2026
quant Multi Cap Fund-IDCW Option - Direct Plan	Quant	₹84.6443	17 Jul 2026
Aditya Birla Sun Life Multi-Cap Fund-Direct IDCW Payout	Aditya Birla Sun Life	₹19.5800	17 Jul 2026
Motilal Oswal Multi Cap Fund-Direct Plan IDCW	Motilal Oswal	₹13.9462	17 Jul 2026
Franklin India Multi Cap Fund - Direct - IDCW	Franklin India	₹11.0079	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹17.9200
16 Jul 2026	₹17.8900
15 Jul 2026	₹17.9300
14 Jul 2026	₹17.8100
13 Jul 2026	₹17.9500
10 Jul 2026	₹17.9500
9 Jul 2026	₹17.7200
8 Jul 2026	₹17.5500
7 Jul 2026	₹17.8600
6 Jul 2026	₹17.9500

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 Multicap Fund - Direct Plan - IDCW Option is ₹17.9200. It's a Multi Cap Fund from Union, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Union Multicap Fund - Direct Plan - IDCW Option has NAV history starting from 26 Dec 2022, a track record of about 3 years 6 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

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

Over the trailing 1-year window, Union Multicap Fund - Direct Plan - IDCW Option has delivered a absolute return of 8.54% — +6.57 pp ahead of the Multi Cap Fund category average of 1.97%. The fund ranks #5 of 28 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Union Multicap Fund - Direct Plan - IDCW Option has delivered a CAGR of 16.65% — +2.45 pp ahead of the Multi Cap Fund category average of 14.20%. The fund ranks #6 of 21 in its category — the second (Q2) quartile.

Union Multicap Fund - Direct Plan - IDCW Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Union Multicap Fund - Direct Plan - IDCW Option exactly 3 years ago would be worth approximately ₹158,725 today — a multiplier of 1.59×, based on the 3-year CAGR of 16.65%. The category average over the same window would have grown ₹1 lakh to ₹148,920.

A ₹10,000 monthly SIP in Union Multicap Fund - Direct Plan - IDCW Option over the last 3 years — total invested ₹360,000 — would be worth ₹432,842 today. That's an XIRR (money-weighted annualised return) of 12.34%.

Union Multicap Fund - Direct Plan - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹432,842 — XIRR 12.34%.

On a 3-year basis, Union Multicap Fund - Direct Plan - IDCW Option ranks #6 out of 21 funds in the Multi Cap Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 14.20%; this fund delivered 16.65%.

The worst peak-to-trough decline Union Multicap Fund - Direct Plan - IDCW Option has experienced over the last 3-year window is 19.80% — 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 3-year rolling windows, Union Multicap Fund - Direct Plan - IDCW Option averaged 18.57% (best 20.65%, worst 16.65%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.71 — reasonable risk-adjusted performance.

In calendar year 2025, Union Multicap Fund - Direct Plan - IDCW Option returned 3.05% — beating the Multi Cap Fund category average of 1.67% by 1.38 pp. It ranked #10 of 27 in its category that year.

Union Multicap Fund - Direct Plan - IDCW 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 Multicap Fund - Direct Plan - IDCW 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.

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