Union Flexi Cap Fund
Union Mutual Fund·Flexi Cap Fund·vs Nifty 500 TRI
Union Flexi Cap Fund has tilted decidedly toward financial stocks, with banks alone comprising over a fifth of the portfolio while the manager has trimmed technology exposure significantly. The exit of major IT names and heavy additions to TREPS suggest a deliberate pivot away from rate-sensitive sectors toward domestic banking strength, signaling confidence in financial sector resilience. The modest cash buffer and concentrated top-10 holdings indicate the manager is conviction-driven rather than defensively positioned.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹49.2000 | +0.94% | -4.07% | -5.62% | -0.32% | +12.89% | +12.89% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
70
Top 5 Weight
18.60%
Top 10 Weight
29.82%
Active Share
—
Large Cap
52.74%
Gini
0.305
What Changed2026-03-31 → 2026-04-30
Holdings: 76 → 72+2 added−6 removed40 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Cemindia Projects Ltd. | 0.36% |
| 364 Day Treasury Bills | 0.06% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS | 5.00% |
| 2 | State Bank of India INE062A01020 | 4.49% |
| 3 | HDFC Bank Ltd. INE040A01034 | 4.07% |
| 4 | ICICI Bank Ltd. INE090A01021 | 3.69% |
| 5 | Bharti Airtel Ltd. INE397D01024 | 3.45% |
| 6 | Reliance Industries Ltd. INE002A01018 | 2.90% |
| 7 | Larsen & Toubro Ltd. INE018A01030 | 2.61% |
| 8 | Axis Bank Ltd. INE238A01034 | 2.30% |
| 9 | Shriram Finance Ltd. INE721A01047 | 2.25% |
| 10 | JSW Energy Ltd. INE121E01018 | 2.03% |
| 11 | Maruti Suzuki India Ltd. INE585B01010 | 2.03% |
| 12 | Eternal Ltd. INE758T01015 | 1.94% |
| 13 | Tata Consumer Products Ltd. INE192A01025 | 1.85% |
| 14 | JSW Infrastructure Ltd. INE880J01026 | 1.78% |
| 15 | Krishna Institute of Medical Sciences Ltd. INE967H01025 | 1.71% |
| 16 | Data Patterns (India) Ltd. INE0IX101010 | 1.70% |
| 17 | Ujjivan Small Finance Bank Ltd. INE551W01018 | 1.64% |
| 18 | Bharat Electronics Ltd. INE263A01024 | 1.60% |
| 19 | Infosys Ltd. INE009A01021 | 1.55% |
| 20 | Kotak Mahindra Bank Ltd. INE237A01036 | 1.54% |
Sector Allocation
Banks20.4%
Finance6.1%
Power4.6%
Auto Components4.3%
Automobiles3.9%
Pharmaceuticals & Biotechnology3.9%
Retailing3.8%
Construction3.7%
Telecom - Services3.5%
Aerospace & Defense3.3%
Top 10 sectors by % to NAV. Excludes derivatives.