Focused · Equity

Union Focused Fund

Union Asset Management Company Private Limited

Benchmark

BSE 500 TRI

Riskometer

Very High

Size

₹435 cr

Allotted

5 Aug 2019

Holdings as of

30 Sep 2026

Union Focused Fund is a focused fund of Union Asset Management Company Private Limited with ₹435 cr under management. It is ahead of its benchmark (BSE 500 TRI) in 3 of 3 periods. Its direct plan charges 1.55% a year. Vinod Malviya has managed it for 2.0 years.

Has Union Focused Fund beaten its benchmark?

Ahead of its benchmark, BSE 500 TRI, in 3 of 3 periods in AMFI's figures; +4.62% over the last year against −4.34%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−0.56%	−1.30%	—
3 months	−2.87%	−4.28%	—
6 months	+4.52%	−1.46%	—
1 year	+3.56%	−4.25%	+7.81 pts
3 years	+10.33%	+9.50%	+0.83 pts
5 years	+8.30%	+8.14%	+0.16 pts
10 years	—	+12.76%	—
Since start from 13 Aug 2019	+15.67%	—	—

Valarth price history to 15 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 14 Oct 2026

Ahead of its benchmark (BSE 500 TRI) in 3 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+4.62%	+3.58%	−4.34%	+8.96	🔒
3y	+10.36%	+9.26%	+8.91%	+1.45	🔒
5y	+8.32%	+7.25%	+7.84%	+0.48	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Focused funds, and how steady the lead is, in the app

Value of 100, month-end

Aug 2019 to 15 Oct 2026

Fund 279Nifty 500 TRI 265

₹100 put in at the start of Aug 2019 would be ₹279 on 15 Oct 2026, against ₹265 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Union Focused Fund cost?

1.55% a year on the direct plan, 2.55% on the regular plan; 24 of 28 funds in its category charge less.

Direct plan

1.55% a year

Category median 1.09%

Regular plan

2.55% a year

Category median 2.22%

Gap

1.00 points

for the same holdings

24 of 28 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Scheme - Focused Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Union Focused Fund?

Pratik Dharmshi, since 9 Dec 2024; Vinod Malviya, since 1 Nov 2024.

Pratik Dharmshi

1.9 years

since 9 Dec 2024

Vinod Malviya

2.0 years

since 1 Nov 2024

Benchmark as filedBSE 500 Index (TRI)

Exit load

1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

From 50 Scheme Summary Documents filed with NSE, first on 23 Feb 2026; as on 12 Oct 2026

What does Union Focused Fund hold?

33 holdings as of 30 Sep 2026; the ten largest are 47.9% of the fund, the largest ICICI Bank Ltd. at 8.8%.

Mix

Holdings as of 30 Sep 2026

Equity98.8%Debt0.1%Cash1.1%Other0.0%

Holdings

29 shares

Top ten

47.9%

of the fund

Effective holdings

24.7

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

ICICI Bank Ltd.8.77%

Solar Industries India Ltd.5.47%

Gabriel India Ltd.4.81%

Eternal Ltd.4.35%

Navin Fluorine International Ltd.4.34%

Five largest industries

% of fund

Banks23.2%

Electrical Equipment13.0%

Chemicals & Petrochemicals9.90%

Pharmaceuticals & Biotechnology7.10%

Retailing6.50%

By company size

% of equity · SEBI size lists

Large Cap59.7%Mid Cap16.2%Small Cap24.1%

How does Union Focused Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Union Focused Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 50: 67% of it differs from the index (an active fund is usually above 60%).

Active share 67.3%60%

Funds that hold much the same

% of holdings in common

UNION LARGECAP FUND53.5% the same

24 shared holdings

UNION RETIREMENT FUND45.6% the same

24 shared holdings

CANARA ROBECO FLEXICAP FUND39.8% the same

20 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Union Focused Fund?

Pratik Dharmshi (manager) since 9 Dec 2024; Vinod Malviya (manager) since 1 Nov 2024.

What is the expense ratio of Union Focused Fund?

1.55% a year on the direct plan and 2.55% on the regular plan (expense report, Oct 2026).

How has Union Focused Fund done?

Its direct plan returned +10.36% a year over 3 years against +8.91% for its benchmark, BSE 500 TRI, as of 14 Oct 2026.