COMPARE
Tata Focused Fund-Direct Plan-Growth vs Union Focused Fund - Direct Plan - Growth Option
Tata Focused Fund- and Union Focused Fund are both in the Focused Fund category, from Tata Asset Management Limited and Union Asset Management Company Private Limited respectively. Tata Focused Fund- has posted a higher 3-year rolling CAGR. Tata Focused Fund- has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Tata Focused Fund- has the lower direct-plan expense ratio, by 0.67 percentage points.
| Tata Focused Fund-Direct Plan-Growth | Union Focused Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Focused Fund | Focused Fund |
| AMC | Tata Asset Management Limited | Union Asset Management Company Private Limited |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| NAV | ₹23.5712 (2026-10-28) | ₹28.26 (2026-10-28) |
| AUM | ₹1,596.57 Cr | ₹423.126 Cr |
| Expense Ratio (Direct) | 0.9% | 1.57% |
| Inception | 2019-11-15 | 2019-07-15 |
Returns
Tata Focused Fund- leads on 3-year rolling CAGR (19.0% vs Union Focused Fund's 16.0%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Tata Focused Fund- has been the more volatile of the two by standard deviation.
| Tata Focused Fund-Direct Plan-Growth | Union Focused Fund - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | -0.00 | 0.13 |
| 3Y Alpha | -1.2232% | 0.9546% |
| 3Y Std Deviation | 14.2101% | 13.978% |
| 3Y Calmar Ratio | 0.36 | 0.52 |
Portfolio Analytics
Union Focused Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Tata Focused Fund-Direct Plan-Growth | Union Focused Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 23.3605 | 34.0154 |
| P/B Ratio | 3.36 | - |
| Dividend Yield | 1.2067% | 0.7203% |
| Active Share | 70.38% | 74.16% |
| Portfolio Turnover | 68.07% | 42% |
| YTM | - | 5.36% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Tata Focused Fund- has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Tata Focused Fund- or Union Focused Fund?
Tata Focused Fund-'s 3-year rolling CAGR of 19.0% is higher than Union Focused Fund's 16.0%. Tata Focused Fund- sits in the 93rd percentile of its category on this metric, versus the 37th percentile for Union Focused Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Tata Focused Fund- or Union Focused Fund?
Tata Focused Fund-'s direct-plan expense ratio is 0.67 percentage points lower than Union Focused Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Tata Focused Fund- or Union Focused Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Tata Focused Fund- has been more volatile than Union Focused Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (-0.00 for Tata Focused Fund- vs 0.13 for Union Focused Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Tata Focused Fund- or Union Focused Fund?
Tata Focused Fund- has ₹1,597 Cr in assets under management, versus ₹423 Cr for Union Focused Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Tata Focused Fund- or Union Focused Fund?
Union Focused Fund launched on 2019-07-15, making it older than Tata Focused Fund- (launched 2019-11-15). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.