Question 1

Which funds are similar to Union Equity Savings Fund Direct-Growth?

Accepted Answer

Funds similar to Union Equity Savings Fund Direct-Growth in the Hybrid: Equity Savings category include ICICI Prudential Equity Savings Fund Direct-Growth, Kotak Equity Savings Fund Direct-Growth, and HDFC Equity Savings Direct Plan-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of Union Equity Savings Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis Union Equity Savings Fund Direct-Growth is ranked 19 out of 21 funds in the Hybrid: Equity Savings category as of 16 Jul 2026. On a 5-year return basis it ranks 20 out of 21. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

Question 3

How does Union Equity Savings Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Union Equity Savings Fund Direct-Growth has an expense ratio of 2.07%. The peers ICICI Prudential Equity Savings Fund Direct-Growth has an expense ratio of 1.10% and Kotak Equity Savings Fund Direct-Growth has 1.11%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does Union Equity Savings Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

Union Equity Savings Fund Direct-Growth has an AUM of ₹141.45 crore. The peers ICICI Prudential Equity Savings Fund Direct-Growth has an AUM of ₹16,499.9 crore and Kotak Equity Savings Fund Direct-Growth has ₹10,223.5 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Hybrid: Equity Savings?

Accepted Answer

The top performing fund in the Hybrid: Equity Savings category on a 3-year basis is HSBC Equity Savings Fund Direct-Growth with a CAGR of 13.78% as of 16 Jul 2026. Union Equity Savings Fund Direct-Growth has delivered 7.47% CAGR over the same period, ranking 19 out of 21 funds. You can view and compare the full category ranking on sharpely.

Question 6

How does Union Equity Savings Fund Direct-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, Union Equity Savings Fund Direct-Growth has a Sharpe ratio of 0.34 compared to the Hybrid: Equity Savings average of 0.67 as of 16 Jul 2026. It ranks 20 out of 21 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+3.53%	4.53%	15 / 22
3Y Return	+7.47%	9.31%	19 / 21
5Y Return	+6.87%	8.67%	20 / 21
10Y Return	—	9.02%	—

Union Equity Savings Fund Direct-Growth

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