Previously Known As : Union Small And Midcap Fund
Union Small Cap Fund Datagrid
Category Small Cap Fund
BMSMONEY Rank 6
Rating
Growth Option 11-09-2026
NAV ₹60.96(R) -0.07% ₹68.18(D) -0.06%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 23.18% 15.93% 16.62% 25.09% 16.7%
Direct 24.55% 17.29% 17.9% 26.33% 17.78%
Nifty Smallcap 250 TRI 7.91% 14.35% 15.49% 22.78% 15.16%
SIP (XIRR) Regular 38.01% 18.64% 19.17% 22.75% 19.99%
Direct 39.51% 19.96% 20.51% 24.1% 21.14%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.64 0.32 0.57 1.29% 0.16
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
19.67% -32.52% -23.76% 0.83 14.35%
Fund AUM As on: 30/12/2025 1762 Cr
Top Small Cap Fund
Fund Name Rank Rating
ITI Small Cap Fund 1
Invesco India Smallcap Fund 2
Bandhan Small Cap Fund 3
Mahindra Manulife Small Cap Fund 4
Bank of India Small Cap Fund 5

NAV Date: 11-09-2026

Scheme Name NAV Rupee Change Percent Change
Union Small Cap Fund - Direct Plan - IDCW Option 44.87
-0.0200
-0.0400%
Union Small Cap Fund - Regular Plan - IDCW Option 46.79
-0.0200
-0.0400%
Union Small Cap Fund - Regular Plan - Growth Option 60.96
-0.0400
-0.0700%
Union Small Cap Fund - Direct Plan - Growth Option 68.18
-0.0400
-0.0600%

Review Date: 11-09-2026

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 1.29% which is higher than the category average of -0.04%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.64 which is higher than the category average of 0.57.
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 2.77%, 16.09 and 28.74 in last one, three and six months respectively. In the same period the category average return was 1.26%, 12.79% and 24.76% respectively.
  • Union Small Cap Fund has given a return of 24.55% in last one year. In the same period the Nifty Smallcap 250 TRI return was 7.91%. The fund has given 16.64% more return than the benchmark return.
  • The fund has given a return of 17.29% 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 14.35%. The fund has given 2.94% more return than the benchmark return.
  • Union Small Cap Fund has given a return of 17.9% in last five years and category average returns is 16.93% in same period. The fund ranked 8th out of twenty one funds in the category. In the same period the Nifty Smallcap 250 TRI return was 15.49%. The fund has given 2.41% more return than the benchmark return.
  • The fund has given a return of 17.78% in last ten years and ranked 5th out of twelve funds in the category. In the same period the Nifty Smallcap 250 TRI return was 15.16%. The fund has given 2.62% more return than the benchmark return.
  • The fund has given a SIP return of 39.51% in last one year whereas category average SIP return is 26.91%. The fund one year return rank in the category is 5th in 30 funds
  • The fund has SIP return of 19.96% in last three years and ranks 3rd in 23 funds. Bank of India Small Cap Fund has given the highest SIP return (21.63%) in the category in last three years.
  • The fund has SIP return of 20.51% in last five years whereas category average SIP return is 17.6%.

Union Small Cap Fund Risk Analysis

  • The fund has a standard deviation of 19.67 and semi deviation of 14.35. The category average standard deviation is 19.42 and semi deviation is 13.77.
  • 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 % 2.66 -0.16
    1.16
    		-2.48 | 4.44 6 | 34 Very Good
    3M Return % 15.76 10.53
    12.45
    		5.86 | 17.45 5 | 34 Very Good
    6M Return % 28.01 20.10
    24.00
    		8.90 | 38.84 11 | 32 Good
    1Y Return % 23.18 7.91
    12.99
    		-2.89 | 32.28 4 | 30 Very Good
    3Y Return % 15.93 14.35
    14.74
    		9.23 | 22.77 8 | 23 Good
    5Y Return % 16.62 15.49
    15.50
    		11.63 | 18.74 8 | 21 Good
    7Y Return % 25.09 22.78
    23.79
    		19.27 | 33.38 5 | 17 Very Good
    10Y Return % 16.70 15.16
    16.61
    		12.88 | 20.32 5 | 12 Good
    1Y SIP Return % 38.01
    25.44
    		3.09 | 48.62 5 | 30 Very Good
    3Y SIP Return % 18.64
    12.62
    		5.05 | 19.94 3 | 23 Very Good
    5Y SIP Return % 19.17
    16.21
    		11.64 | 22.64 5 | 21 Very Good
    7Y SIP Return % 22.75
    21.14
    		17.54 | 27.91 5 | 17 Very Good
    10Y SIP Return % 19.99
    18.66
    		15.51 | 24.59 3 | 12 Very Good
    Standard Deviation 19.67
    19.42
    		16.81 | 21.86 12 | 23 Good
    Semi Deviation 14.35
    13.77
    		12.05 | 15.58 18 | 23 Average
    Max Drawdown % -23.76
    -22.91
    		-30.55 | -18.93 16 | 23 Average
    VaR 1 Y % -32.52
    -30.46
    		-36.02 | -22.80 17 | 23 Average
    Average Drawdown % 14.71
    8.90
    		6.51 | 14.71 1 | 23 Very Good
    Sharpe Ratio 0.64
    0.57
    		0.28 | 0.96 7 | 23 Good
    Sterling Ratio 0.57
    0.54
    		0.29 | 0.84 8 | 23 Good
    Sortino Ratio 0.32
    0.30
    		0.16 | 0.51 8 | 23 Good
    Jensen Alpha % 1.29
    -0.04
    		-4.67 | 5.58 8 | 22 Good
    Treynor Ratio 0.16
    0.14
    		0.07 | 0.23 6 | 22 Very Good
    Modigliani Square Measure % 14.28
    12.74
    		6.16 | 21.39 7 | 22 Good
    Alpha % -1.74
    -2.89
    		-8.65 | 5.63 9 | 22 Good
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty Smallcap 250 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 2.77 -0.16 1.26 -2.42 | 4.59 6 | 34 Very Good
    3M Return % 16.09 10.53 12.79 6.07 | 17.98 5 | 34 Very Good
    6M Return % 28.74 20.10 24.76 9.34 | 39.86 10 | 32 Good
    1Y Return % 24.55 7.91 14.35 -2.08 | 34.34 4 | 30 Very Good
    3Y Return % 17.29 14.35 16.09 10.18 | 24.61 7 | 23 Good
    5Y Return % 17.90 15.49 16.93 13.01 | 20.43 8 | 21 Good
    7Y Return % 26.33 22.78 25.27 20.52 | 34.85 6 | 17 Good
    10Y Return % 17.78 15.16 17.80 14.10 | 21.43 5 | 12 Good
    1Y SIP Return % 39.51 26.91 3.92 | 50.83 5 | 30 Very Good
    3Y SIP Return % 19.96 13.90 5.95 | 21.63 3 | 23 Very Good
    5Y SIP Return % 20.51 17.60 12.97 | 24.62 5 | 21 Very Good
    7Y SIP Return % 24.10 22.62 18.72 | 29.48 5 | 17 Very Good
    10Y SIP Return % 21.14 19.87 16.68 | 25.85 3 | 12 Very Good
    Standard Deviation 19.67 19.42 16.81 | 21.86 12 | 23 Good
    Semi Deviation 14.35 13.77 12.05 | 15.58 18 | 23 Average
    Max Drawdown % -23.76 -22.91 -30.55 | -18.93 16 | 23 Average
    VaR 1 Y % -32.52 -30.46 -36.02 | -22.80 17 | 23 Average
    Average Drawdown % 14.71 8.90 6.51 | 14.71 1 | 23 Very Good
    Sharpe Ratio 0.64 0.57 0.28 | 0.96 7 | 23 Good
    Sterling Ratio 0.57 0.54 0.29 | 0.84 8 | 23 Good
    Sortino Ratio 0.32 0.30 0.16 | 0.51 8 | 23 Good
    Jensen Alpha % 1.29 -0.04 -4.67 | 5.58 8 | 22 Good
    Treynor Ratio 0.16 0.14 0.07 | 0.23 6 | 22 Very Good
    Modigliani Square Measure % 14.28 12.74 6.16 | 21.39 7 | 22 Good
    Alpha % -1.74 -2.89 -8.65 | 5.63 9 | 22 Good
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 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
    11-09-2026 60.96 68.18
    10-09-2026 61.0 68.22
    09-09-2026 61.07 68.29
    08-09-2026 61.48 68.76
    07-09-2026 60.85 68.04
    04-09-2026 60.6 67.76
    03-09-2026 60.76 67.94
    02-09-2026 60.25 67.36
    01-09-2026 60.68 67.85
    31-08-2026 61.0 68.2
    28-08-2026 60.78 67.95
    27-08-2026 60.86 68.03
    26-08-2026 60.75 67.91
    25-08-2026 60.17 67.26
    24-08-2026 60.23 67.33
    21-08-2026 60.4 67.51
    20-08-2026 60.2 67.29
    19-08-2026 60.0 67.06
    18-08-2026 60.48 67.59
    17-08-2026 60.11 67.18
    14-08-2026 59.86 66.89
    13-08-2026 59.65 66.66
    12-08-2026 59.75 66.77
    11-08-2026 59.38 66.34

    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.