Previously Known As : Union Small And Midcap Fund
Union Small Cap Fund Datagrid
Category Small Cap Fund
BMSMONEY Rank 3
Rating
Growth Option 03-07-2026
NAV ₹56.52(R) -0.95% ₹63.08(D) -0.94%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 14.71% 19.13% 16.7% 22.8% 16.22%
Direct 16.02% 20.52% 17.97% 24.0% 17.3%
Nifty Smallcap 250 TRI 1.94% 19.88% 16.56% 20.51% 15.39%
SIP (XIRR) Regular 27.09% 15.27% 17.13% 21.88% 19.02%
Direct 28.47% 16.58% 18.46% 23.22% 20.16%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.59 0.27 0.51 1.15% -0.51
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
18.17% -32.52% -23.76% 0.81 14.06%
Fund AUM As on: 30/12/2025 1762 Cr
Top Small Cap Fund
Fund Name Rank Rating
Bandhan Small Cap Fund 1
Mahindra Manulife Small Cap Fund 2
Union Small Cap Fund 3
Invesco India Smallcap Fund 4
DSP Small Cap Fund 5

NAV Date: 03-07-2026

Scheme Name NAV Rupee Change Percent Change
Union Small Cap Fund - Direct Plan - IDCW Option 41.51
-0.4000
-0.9500%
Union Small Cap Fund - Regular Plan - IDCW Option 43.38
-0.4100
-0.9400%
Union Small Cap Fund - Regular Plan - Growth Option 56.52
-0.5400
-0.9500%
Union Small Cap Fund - Direct Plan - Growth Option 63.08
-0.6000
-0.9400%

Review Date: 03-07-2026

Beginning of Analysis

Union Small Cap Fund is the 16th ranked fund in the Small Cap Fund category. The category has total 21 funds. The Union Small Cap Fund has shown a poor past performence in Small Cap Fund. The fund has a Jensen Alpha of 1.15% which is higher than the category average of -0.63%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.59 which is higher than the category average of 0.5.
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.
Small Cap Mutual Funds

Union Small Cap Fund Return Analysis

The Union Small Cap Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its Small Cap Fund peers and the Nifty Smallcap 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 Small Cap Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 6.41%, 22.46 and 14.05 in last one, three and six months respectively. In the same period the category average return was 6.47%, 21.24% and 9.65% respectively.
  • Union Small Cap Fund has given a return of 16.02% in last one year. In the same period the Nifty Smallcap 250 TRI return was 1.94%. The fund has given 14.08% more return than the benchmark return.
  • The fund has given a return of 20.52% in last three years and rank 7th out of twenty three funds in the category. In the same period the Nifty Smallcap 250 TRI return was 19.88%. The fund has given 0.64% more return than the benchmark return.
  • Union Small Cap Fund has given a return of 17.97% in last five years and category average returns is 18.02% in same period. The fund ranked 10th out of twenty funds in the category. In the same period the Nifty Smallcap 250 TRI return was 16.56%. The fund has given 1.41% more return than the benchmark return.
  • The fund has given a return of 17.3% in last ten years and ranked 7th out of twelve funds in the category. In the same period the Nifty Smallcap 250 TRI return was 15.39%. The fund has given 1.91% more return than the benchmark return.
  • The fund has given a SIP return of 28.47% in last one year whereas category average SIP return is 21.01%. The fund one year return rank in the category is 6th in 30 funds
  • The fund has SIP return of 16.58% in last three years and ranks 5th in 23 funds. Invesco India Smallcap Fund has given the highest SIP return (19.68%) in the category in last three years.
  • The fund has SIP return of 18.46% in last five years whereas category average SIP return is 17.3%.

Union Small Cap Fund Risk Analysis

  • The fund has a standard deviation of 18.17 and semi deviation of 14.06. The category average standard deviation is 17.89 and semi deviation is 13.44.
  • The fund has a Value at Risk (VaR) of -32.52 and a maximum drawdown of -23.76. The category average VaR is -30.46 and the maximum drawdown is -22.91. The fund has a beta of 0.81 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 Small Cap Fund Category
  • Good Performance in Small Cap Fund Category
  • Poor Performance in Small Cap Fund Category
  • Very Poor Performance in Small Cap Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty Smallcap 250 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 6.32 6.20
    6.36
    		4.35 | 9.84 17 | 33 Good
    3M Return % 22.15 21.05
    20.88
    		12.09 | 33.00 12 | 33 Good
    6M Return % 13.43 7.06
    9.00
    		-1.01 | 20.25 7 | 32 Very Good
    1Y Return % 14.71 1.94
    6.68
    		-6.24 | 22.57 3 | 30 Very Good
    3Y Return % 19.13 19.88
    17.82
    		12.04 | 27.43 7 | 23 Good
    5Y Return % 16.70 16.56
    16.59
    		13.08 | 19.81 10 | 20 Good
    7Y Return % 22.80 20.51
    21.66
    		16.14 | 30.00 5 | 17 Very Good
    10Y Return % 16.22 15.39
    16.77
    		12.85 | 20.64 8 | 12 Average
    1Y SIP Return % 27.09
    19.78
    		2.20 | 38.89 6 | 28 Very Good
    3Y SIP Return % 15.27
    11.69
    		4.76 | 18.09 5 | 21 Very Good
    5Y SIP Return % 17.13
    16.01
    		11.71 | 21.60 8 | 19 Good
    7Y SIP Return % 21.88
    21.34
    		17.57 | 29.01 6 | 17 Good
    10Y SIP Return % 19.02
    18.48
    		14.67 | 24.64 4 | 12 Good
    Standard Deviation 18.17
    17.89
    		15.47 | 20.08 11 | 23 Good
    Semi Deviation 14.06
    13.44
    		11.52 | 15.04 18 | 23 Average
    Max Drawdown % -23.76
    -22.91
    		-30.55 | -18.93 16 | 23 Average
    VaR 1 Y % -32.52
    -30.46
    		-36.01 | -22.80 17 | 23 Average
    Average Drawdown % -14.71
    -8.90
    		-14.71 | -6.51 23 | 23 Poor
    Sharpe Ratio 0.59
    0.50
    		0.15 | 0.98 6 | 23 Very Good
    Sterling Ratio 0.51
    0.47
    		0.21 | 0.81 8 | 23 Good
    Sortino Ratio 0.27
    0.25
    		0.10 | 0.48 8 | 23 Good
    Jensen Alpha % 1.15
    -0.63
    		-7.52 | 8.51 5 | 22 Very Good
    Treynor Ratio -0.51
    -0.51
    		-0.62 | -0.40 12 | 22 Good
    Modigliani Square Measure % 18.69
    17.00
    		9.08 | 27.31 6 | 22 Very Good
    Alpha % -1.67
    -3.21
    		-10.42 | 5.83 6 | 22 Very Good
    Return data last Updated On : July 3, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Nifty Smallcap 250 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 6.41 6.20 6.47 4.41 | 9.95 17 | 33 Good
    3M Return % 22.46 21.05 21.24 12.30 | 33.50 12 | 33 Good
    6M Return % 14.05 7.06 9.65 -0.61 | 21.10 7 | 32 Very Good
    1Y Return % 16.02 1.94 7.96 -5.01 | 24.57 3 | 30 Very Good
    3Y Return % 20.52 19.88 19.21 13.59 | 29.15 7 | 23 Good
    5Y Return % 17.97 16.56 18.02 14.25 | 21.52 10 | 20 Good
    7Y Return % 24.00 20.51 23.13 17.37 | 31.41 6 | 17 Good
    10Y Return % 17.30 15.39 17.96 14.07 | 21.76 7 | 12 Average
    1Y SIP Return % 28.47 21.01 3.04 | 41.20 6 | 30 Very Good
    3Y SIP Return % 16.58 13.01 6.19 | 19.68 5 | 23 Very Good
    5Y SIP Return % 18.46 17.30 13.12 | 23.30 6 | 20 Good
    7Y SIP Return % 23.22 22.84 18.77 | 30.59 7 | 17 Good
    10Y SIP Return % 20.16 19.70 15.84 | 25.89 4 | 12 Good
    Standard Deviation 18.17 17.89 15.47 | 20.08 11 | 23 Good
    Semi Deviation 14.06 13.44 11.52 | 15.04 18 | 23 Average
    Max Drawdown % -23.76 -22.91 -30.55 | -18.93 16 | 23 Average
    VaR 1 Y % -32.52 -30.46 -36.01 | -22.80 17 | 23 Average
    Average Drawdown % -14.71 -8.90 -14.71 | -6.51 23 | 23 Poor
    Sharpe Ratio 0.59 0.50 0.15 | 0.98 6 | 23 Very Good
    Sterling Ratio 0.51 0.47 0.21 | 0.81 8 | 23 Good
    Sortino Ratio 0.27 0.25 0.10 | 0.48 8 | 23 Good
    Jensen Alpha % 1.15 -0.63 -7.52 | 8.51 5 | 22 Very Good
    Treynor Ratio -0.51 -0.51 -0.62 | -0.40 12 | 22 Good
    Modigliani Square Measure % 18.69 17.00 9.08 | 27.31 6 | 22 Very Good
    Alpha % -1.67 -3.21 -10.42 | 5.83 6 | 22 Very Good
    Return data last Updated On : July 3, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Union Small Cap Fund NAV Regular Growth Union Small Cap Fund NAV Direct Growth
    03-07-2026 56.52 63.08
    02-07-2026 57.06 63.68
    01-07-2026 56.78 63.36
    30-06-2026 56.52 63.08
    29-06-2026 56.25 62.77
    25-06-2026 56.15 62.65
    24-06-2026 56.54 63.09
    23-06-2026 56.67 63.23
    22-06-2026 56.96 63.55
    19-06-2026 56.42 62.94
    18-06-2026 55.94 62.4
    17-06-2026 55.65 62.08
    16-06-2026 54.97 61.32
    15-06-2026 54.8 61.13
    12-06-2026 54.13 60.38
    11-06-2026 52.66 58.73
    10-06-2026 53.01 59.13
    09-06-2026 53.77 59.96
    08-06-2026 52.82 58.91
    05-06-2026 53.71 59.89
    04-06-2026 53.6 59.77
    03-06-2026 53.16 59.28

    Fund Launch Date: 20/May/2014
    Fund Category: Small Cap Fund
    Investment Objective: The investment objective of the scheme is to achieve long term capital appreciation by investing in a portfolio consisting of equity a n d e q u i t y r e l a t e d s e c u r i t i e s , predominantly of small cap companies. However, there is no assurance that the Investment Objective of the scheme will be achieved.
    Fund Description: Small Cap Fund - An Open Ended Equity Scheme predominantly investing in Small Cap stocks
    Fund Benchmark: Nifty Smallcap 100 Index (Total Return Index)
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.