Union Value Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹29.7500 | — | — | — | — |
| Regular Growth | ₹27.7600 | -1.21% | +1.20% | +16.21% | +15.25% |
| Direct IDCW | ₹29.7500 | — | — | — | — |
| Regular IDCW | ₹27.7600 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Union Value Fund hold?
Union Value Fund holds 67 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.09% of NAV.
What is the largest holding in Union Value Fund?
The largest position in Union Value Fund is HDFC Bank Ltd., accounting for 4.57% of NAV in the Banks sector.
Is Union Value Fund a concentrated or diversified fund?
With a Gini coefficient of 0.364, Union Value Fund is well-diversified. The HHI concentration index is 20,632 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.09% of the portfolio.
What is the market cap allocation of Union Value Fund?
Based on SEBI's AMFI classification, Union Value Fund's equity portfolio is split as: Large Cap: 50.60%, Mid Cap: 18.62%, Small Cap: 26.27%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Union Value Fund invest in most?
Union Value Fund has the highest allocation to Banks (20.96%), Auto Components (6.13%), Finance (5.47%). The fund is invested across 32 sectors in total.
How actively managed is Union Value Fund compared to other Value Fund funds?
Union Value Fund has an Active Share of 57.85%, classifying it as "Active Stock Picker" among 19 Value Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Union Value Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Union Value Fund added 9 new stocks (including V-Mart Retail Ltd.) and exited 3 stocks (including CreditAccess Grameen Ltd.). Total holding count increased from 63 to 69 stocks.