Union Multicap Fund performance review analysis for January
Live MintUnion Multicap Fund Direct Growth performance review analysis for January: Union Multicap Fund Direct Growth, managed by the seasoned fund managers Harshad Patwardhan,Sanjay Bembalkar, remains a prominent player in the Multi-Cap. This detailed review of Union Multicap Fund evaluates its recent performance, comparing it to the NIFTY 500 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. Performance Analysis: Over the past week, Union Multicap Fund returned -6.24%, showing a negative delta of -3.41% with respect to NIFTY 500. The performance over the longer durations is mentioned below: Period Mutual Fund Returns NIFTY 500 Performance Performance Difference 6 Months -4.53% -6.92% 2.39% 1 Year 12.86% 8.64% 4.22% 3 Years 0.00% 36.89% -36.89% 5 Years 0.00% 114.17% -114.17% Top Holdings of the Fund Below is the list of top holdings in the fund: Sector Allocation of the Fund Sector Name Weightage Regional Banks 13.94% Software & Programming 10.51% Biotechnology & Drugs 5.05% Construction Services 4.57% Auto & Truck Parts 3.95% Computer Services 3.67% Electronic Instr.