Union Large & Midcap Fund

Review Date: 21-05-2025

Beginning of Analysis

In the Large & Mid Cap Fund category, Union Large & Midcap Fund is the 22nd ranked fund. The category has total 26 funds. The 1 star rating shows a very poor past performance of the Union Large & Midcap Fund in Large & Mid Cap Fund. The fund has a Jensen Alpha of -2.06% which is lower than the category average of 0.48%, reflecting poor performance. The fund has a Sharpe Ratio of 0.52 which is lower than the category average of 0.71.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Large & Mid Cap Mutual Funds are ideal for investors seeking a balanced exposure to both large-cap stability and mid-cap growth potential. These funds allocate a minimum of 35% each to large-cap and mid-cap stocks, offering a diversified portfolio with a balanced risk-return profile. While they provide the potential for higher returns through mid-cap stocks, they also carry higher risks due to mid-cap volatility. Investors should have a long-term investment horizon and a moderate risk tolerance to invest in these funds. Additionally, the success of these funds depends on the fund manager's ability to balance large-cap and mid-cap allocations effectively.

Union Large & Midcap Fund Return Analysis

The Union Large & Midcap Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its Large & Mid Cap Fund peers and the Nifty Large Midcap 250 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the Large & Mid Cap Fund category and its ability to outperform or underperform the benchmark and category averages.

• The fund has given a return of 3.55%, 9.33 and 1.86 in last one, three and six months respectively. In the same period the category average return was 3.33%, 10.05% and 2.79% respectively.
• Union Large & Midcap Fund has given a return of 6.66% in last one year. In the same period the Nifty Large Midcap 250 TRI return was 8.52%. The fund has given 1.86% less return than the benchmark return.
• The fund has given a return of 19.26% in last three years and rank 22nd out of 26 funds in the category. In the same period the Nifty Large Midcap 250 TRI return was 21.94%. The fund has given 2.68% less return than the benchmark return.
• Union Large & Midcap Fund has given a return of 26.0% in last five years and category average returns is 28.4% in same period. The fund ranked 22nd out of 25 funds in the category. In the same period the Nifty Large Midcap 250 TRI return was 29.18%. The fund has given 3.18% less return than the benchmark return.
• The fund has given a SIP return of 2.42% in last one year whereas category average SIP return is 4.22%. The fund one year return rank in the category is 21st in 29 funds
• The fund has SIP return of 17.1% in last three years and ranks 23rd in 26 funds. motilal oswal large and midcap fund has given the highest SIP return (31.14%) in the category in last three years.
• The fund has SIP return of 18.25% in last five years whereas category average SIP return is 21.19%.

Union Large & Midcap Fund Risk Analysis

• The fund has a standard deviation of 14.5 and semi deviation of 10.7. The category average standard deviation is 15.05 and semi deviation is 10.94.
• The fund has a Value at Risk (VaR) of -22.05 and a maximum drawdown of -17.98. The category average VaR is -19.35 and the maximum drawdown is -18.42. The fund has a beta of 0.91 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.

Very Good Performance in Large & Mid Cap Fund Category

Good Performance in Large & Mid Cap Fund Category

Poor Performance in Large & Mid Cap Fund Category

Very Poor Performance in Large & Mid Cap Fund Category