Union Value Fund
Union Mutual Fund·Value Fund·vs Nifty 500 TRI
Union Value Fund maintains a classic large-cap value tilt with banks commanding over a fifth of assets, anchored by HDFC, SBI, and ICICI. The manager is actively hunting for mispriced opportunities across defensive sectors like pharma and power while trimming near-cash positions, signalling conviction in equity valuations despite maintaining modest liquidity. The nine fresh micro-cap entrants, including retail and renewable plays, suggest a broadening search for overlooked value beyond the blue-chip safety net.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹29.5100 | — | — | — | — | — | — |
| Regular Growth | ₹27.5300 | -0.61% | -4.77% | -5.53% | +1.66% | +16.06% | +15.06% |
| Direct IDCW | ₹29.5100 | — | — | — | — | — | — |
| Regular IDCW | ₹27.5300 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
67
Top 5 Weight
20.09%
Top 10 Weight
33.17%
Active Share
—
Large Cap
50.60%
Gini
0.364
What Changed2026-03-31 → 2026-04-30
Holdings: 63 → 69+9 added−3 removed28 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| V-Mart Retail Ltd. | 1.07% |
| Power Mech Projects Ltd. | 0.86% |
| Clean Max Enviro Energy Solutions Ltd. | 0.62% |
| Fusion Finance Ltd. | 0.26% |
| Malco Energy Ltd. A** | 0.20% |
| Talwandi Sabo Power Ltd. A** | 0.20% |
| Vedanta Iron and Steel Ltd. A** | 0.20% |
| Vedanta Aluminium Metal Ltd. A** | 0.20% |
| 364 Day Treasury Bills | 0.08% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 4.57% |
| 2 | Reliance Industries Ltd. INE002A01018 | 4.35% |
| 3 | NTPC Ltd. INE733E01010 | 3.84% |
| 4 | State Bank of India INE062A01020 | 3.77% |
| 5 | ICICI Bank Ltd. INE090A01021 | 3.56% |
| 6 | Shriram Finance Ltd. INE721A01047 | 3.01% |
| 7 | Bharti Airtel Ltd. INE397D01024 | 2.83% |
| 8 | TREPS | 2.74% |
| 9 | Voltamp Transformers Ltd. INE540H01012 | 2.48% |
| 10 | Gabriel India Ltd. INE524A01029 | 2.39% |
| 11 | Maruti Suzuki India Ltd. INE585B01010 | 2.37% |
| 12 | Larsen & Toubro Ltd. INE018A01030 | 2.33% |
| 13 | Axis Bank Ltd. INE238A01034 | 2.18% |
| 14 | Nippon Life India Asset Management Ltd. INE298J01013 | 2.14% |
| 15 | Infosys Ltd. INE009A01021 | 1.99% |
| 16 | The Federal Bank Ltd. INE171A01029 | 1.97% |
| 17 | Bharat Electronics Ltd. INE263A01024 | 1.92% |
| 18 | Kirloskar Oil Engines Ltd. INE146L01010 | 1.91% |
| 19 | Karur Vysya Bank Ltd. INE036D01028 | 1.90% |
| 20 | Tata Steel Ltd. INE081A01020 | 1.89% |
Sector Allocation
Banks21.0%
Auto Components6.1%
Finance5.5%
IT - Software5.4%
Power4.7%
Pharmaceuticals & Biotechnology4.6%
Petroleum Products4.3%
Telecom - Services4.3%
Automobiles4.1%
Ferrous Metals3.7%
Top 10 sectors by % to NAV. Excludes derivatives.