Union Large & Midcap Fund
Large & Mid Cap fund from Union Mutual Fund. Direct and regular Growth plans: returns over 1, 3 and 5 years, against the Nifty LargeMidcap 250, its rank among large & mid cap funds and what a ₹10,000 SIP became.
As of 30 Sep 2026, Union Large & Midcap Fund (direct plan, Growth) has returned 11.1% a year over 5 years, 12.2% over 3 years. That ranks 18 of 26 large & mid cap funds over 5 years. A ₹10,000 monthly SIP for 5 years (₹6,00,000) was worth ₹8,01,635, an XIRR of 11.5%. Expense ratio: 1.32% a year for the direct plan and 2.57% for the regular plan. Latest NAV ₹28.24 (29 Oct 2026).
Union Large & Midcap Fund returns
| Plan | 1 year | 3 years | 5 years | 10 years | vs index, 5y | Beat the index (rolling 3y) |
|---|---|---|---|---|---|---|
| Direct | 4.8% | 12.2% | 11.1% | — | — | 3 of 23 |
| Regular | 3.4% | 10.7% | 9.6% | — | — | 1 of 23 |
To 30 Sep 2026. The rolling column counts every 3-year stretch in the stored history and how many of them the fund beat the Nifty LargeMidcap 250 index in. Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund.
Against the index
| Period | Fund | Nifty LargeMidcap 250 | Nifty 50 |
|---|---|---|---|
| 1 year | 4.8% | -0.7% | -7.3% |
| 3 years | 12.2% | 10.4% | 5.8% |
| 5 years | 11.1% | — | 6.1% |
Calendar-year returns
| Year | Direct | Regular |
|---|---|---|
| 2025 | 3.6% | 2.2% |
| 2024 | 22.3% | 20.6% |
| 2023 | 28.3% | 26.6% |
| 2022 | -1.9% | -3.2% |
| 2021 | 40.0% | 38.7% |
| 2020 | 25.3% | 24.1% |
What a ₹10,000 SIP in Union Large & Midcap Fund became
| Plan | SIP for | Invested | Value at 30 Sep 2026 | XIRR |
|---|---|---|---|---|
| Direct | 3 years | ₹3,60,000 | ₹4,01,801 | 7.2% |
| Direct | 5 years | ₹6,00,000 | ₹8,01,635 | 11.5% |
| Regular | 3 years | ₹3,60,000 | ₹3,93,356 | 5.8% |
| Regular | 5 years | ₹6,00,000 | ₹7,72,030 | 10.0% |
A ₹10,000 SIP at each month-end NAV, valued at the latest month-end. Try your own amount and dates with the SIP calculator.
Expense ratio
1.32% a year for the direct plan and 2.57% for the regular plan, as disclosed for 30 Sep 2026 (AMFI's TER disclosure). It is taken out of the fund every day, so the returns above are already after it. On ₹10 lakh growing at 12% a year for 10 years, a 2.57% expense ratio instead of 1.32% costs ₹2,96,187. Try your own numbers with the expense ratio calculator.
Direct vs regular plan
The regular plan returned 1.45 points a year less than the direct plan over 5 years: on ₹10 lakh invested 5 years ago, that is ₹1,07,594 less today. The difference is the distributor's commission and the higher expense ratio. See it for your amount with the direct vs regular calculator.
Where it ranks among large & mid cap funds
| Rank | Fund | 5-year return (direct) |
|---|---|---|
| 1 | Motilal Oswal Large and Midcap Fund | 18.3% |
| 2 | Invesco India Large & Mid Cap Fund | 16.3% |
| 3 | Bandhan Large & Mid Cap Fund | 16.1% |
| 4 | Quant Large & Mid Cap Fund | 15.4% |
| 5 | ICICI Prudential Large & Mid Cap Fund | 14.1% |
| 18 | Union Large & Midcap Fund | 11.1% |
Ranked by 5-year return among the 26 large & mid cap funds with that much history. All large & mid cap funds.
Key takeaways
Frequently asked questions
What is the NAV of Union Large & Midcap Fund?
₹28.24 for the direct plan (Growth) on 29 Oct 2026, from AMFI.
What are Union Large & Midcap Fund's 5-year returns?
11.1% a year (direct plan, to 30 Sep 2026).
What is the expense ratio of Union Large & Midcap Fund?
1.32% a year for the direct plan and 2.57% for the regular plan (AMFI disclosure for 30 Sep 2026).
What did a SIP in Union Large & Midcap Fund return?
₹10,000 a month for 5 years became ₹8,01,635, an XIRR of 11.5%.