Union Largecap Fund
Union Mutual Fund·Large Cap Fund·vs Nifty 100 TRI
Union Largecap is heavily tilted toward financial services, with banks commanding nearly a quarter of the portfolio while maintaining meaningful exposure to infrastructure and energy plays. The manager's conviction in quality remains evident through concentrated bets on sector stalwarts like ICICI and HDFC banks, though the marginal cash buildup suggests some caution. Recent portfolio tweaks signal tactical positioning rather than strategic shifts, keeping the fund squarely positioned for large-cap stability with a financial sector bet.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹23.8000 | — | — | — | — | — | — |
| Regular Growth | ₹22.2400 | -1.29% | -6.40% | -8.18% | -3.14% | +9.65% | +10.26% |
| Direct IDCW | ₹23.8000 | — | — | — | — | — | — |
| Regular IDCW | ₹22.2400 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
54
Top 5 Weight
30.06%
Top 10 Weight
44.66%
Active Share
—
Large Cap
86.73%
Gini
0.423
What Changed2026-03-31 → 2026-04-30
Holdings: 57 → 56+1 added−2 removed17 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| 364 Day Treasury Bills | 0.07% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 8.36% |
| 2 | HDFC Bank Ltd. INE040A01034 | 6.85% |
| 3 | Reliance Industries Ltd. INE002A01018 | 6.03% |
| 4 | State Bank of India INE062A01020 | 4.89% |
| 5 | Larsen & Toubro Ltd. INE018A01030 | 3.93% |
| 6 | Bharti Airtel Ltd. INE397D01024 | 3.67% |
| 7 | Infosys Ltd. INE009A01021 | 2.97% |
| 8 | NTPC Ltd. INE733E01010 | 2.73% |
| 9 | Tata Consumer Products Ltd. INE192A01025 | 2.62% |
| 10 | Mahindra & Mahindra Ltd. INE101A01026 | 2.61% |
| 11 | Axis Bank Ltd. INE238A01034 | 2.60% |
| 12 | Bharat Electronics Ltd. INE263A01024 | 2.52% |
| 13 | Solar Industries India Ltd. INE343H01029 | 2.46% |
| 14 | Torrent Pharmaceuticals Ltd. INE685A01028 | 2.38% |
| 15 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.15% |
| 16 | Titan Company Ltd. INE280A01028 | 2.12% |
| 17 | Eternal Ltd. INE758T01015 | 2.05% |
| 18 | Maruti Suzuki India Ltd. INE585B01010 | 1.92% |
| 19 | Hitachi Energy India Ltd. INE07Y701011 | 1.91% |
| 20 | LG Electronics India Ltd. INE324D01010 | 1.81% |
Sector Allocation
Banks24.9%
Automobiles6.0%
IT - Software6.0%
Petroleum Products6.0%
Finance5.5%
Electrical Equipment4.7%
Pharmaceuticals & Biotechnology4.1%
Construction3.9%
Consumer Durables3.9%
Telecom - Services3.7%
Top 10 sectors by % to NAV. Excludes derivatives.