scripbox logo
  • Mutual Funds
  • Union Asset Management Co. Pvt. Ltd.
  • Union Long Term Equity Fund (Growth)

Formerly Union Tax Saver Gr

Union Long Term Equity Fund (Growth)

Union Long Term Equity Fund (Growth)

Equity

Tax Saving

28.97

NAV (Nov 24)

Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Track Record

9 Years

The Fund has Sufficient history for analysis and the track record is good.

Relative Size

275 Cr

Medium within the category

Category View

Positive

The category has a positive investment outlook

Consistency Of Performance

Relatively moderate

The historical performance of the fund has been OK

Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

Learn why choose a plan over a fund ->
  • graph-icon-gray
    Historical growth rate of 12% per annum
  • graph-icon-gray
    Recommended Duration > 5 years
  • graph-icon-gray
    3
  • graph-icon-gray
    Save Tax
Start Investing Now

Join 75,000+ smart investors who enjoy automatic investing with Scripbox

info-icon-blue

Scheme Information

Investment Objective

To generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities. However,there can be no assurance that the investment objective of the scheme will be achieved.

Low

risk-low-img

Moderately Low

risk-moderately-low-img

Moderate

risk-moderate-img

Moderately High

risk-moderately-high-img.svg

High

risk-high-img.svg
risk-indicator-arrow.svg

Moderately High risk

2.53 %

Expense Ratio

Dec 23, 2011

Launched (9y ago)

₹ 275

AUM in Crores

INF582M01302

ISIN

3

Lock-in

S&P BSE 500 India TR INR

Benchmark

₹ 500

SIP Minimum

₹ 500

Lumpsum Min.

Fund Managers
user-avatar

Vinay Paharia

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

build-long-item-wealth-img

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
asset-allocation

Asset allocation and Holdings

Last updated on 2020-11-24

Top Stock Holdings

Hdfc bank ltd

8.6%
8.6%

Infosys ltd

6.4%
6.4%

Housing development finance corp ltd

5.4%
5.4%

Reliance industries ltd

5.3%
5.3%

Icici bank ltd

4.6%
4.6%
See all holdingsright-arrow
allocation by market cap

Allocation by Sector

Financial services

29.1%
90%

Technology

13.4%
90%

Consumer defensive

8.8%
90%

Basic materials

8.7%
90%

Consumer cyclical

8.5%
90%
See all sectorsright-arrow
comparison

Comparison with Equity Funds

L&T Midcap Fund (G)

L&T Midcap Fund (G)

Mid Cap

Recommended

Top Ranked

16 Years

Age

5

Track Record

UTI Nifty Index Fund (G)

UTI Nifty Index Fund (G)

Index Funds

Recommended

Top Ranked

20 Years

Age

5

Track Record

HDFC Index Nifty 50 fund (G)

HDFC Index Nifty 50 fund (G)

Index Funds

Recommended

Top Ranked

18 Years

Age

5

Track Record

Nippon India Growth Fund (G)

Nippon India Growth Fund (G)

Mid Cap

Recommended

Top Ranked

25 Years

Age

5

Track Record

HDFC Top 100 Fund (G)

HDFC Top 100 Fund (G)

Large Cap

Recommended

Top Ranked

24 Years

Age

5

Track Record

amc-icon

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 5,032 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,26 debt and 12 hybrid funds.

amc-img

  • tel-amc-about
    022-24833300
  • mail-amc-about
    investorcare@unionmf.com
  • Union Long Term Equity Fund (G)

    Union Long Term Equity Fund (G)

    Tax Saving

    ₹ 274 Cr

    Fund Size

    6.9%

    3Y returns

    Union Multi Cap Fund (G)

    Union Multi Cap Fund (G)

    Diversified

    ₹ 383 Cr

    Fund Size

    7.7%

    3Y returns

    Union Liquid Fund Unclaimed Amounts Plan Redemption Beyond 3 years (G)

    Union Liquid Fund Unclaimed Amounts Plan Redemption Beyond 3 years (G)

    Liquid

    ₹ 774 Cr

    Fund Size

    N/A

    3Y returns

    Union Liquid fund (G)

    Union Liquid fund (G)

    Liquid

    ₹ 774 Cr

    Fund Size

    4.9%

    3Y returns

    Union Balanced Advantage Fund (G)

    Union Balanced Advantage Fund (G)

    Dynamic Asset Allocation Or Balanced Advantage

    ₹ 509 Cr

    Fund Size

    N/A

    3Y returns

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Motilal Oswal Long Term Equity Fund (Growth)

    Motilal Oswal Long Term Equity Fund (Growth)

    Equity

    Tax Saving

    Investment Calculator

    Investment Duration5 years

    ₹ 0

    Total Investment

    ₹ 0

    Wealth Gained

    ₹ 0

    Total Corpus Created (₹)

    With assumed returns of 12 %
    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Equity Funds

    Debt Funds

    How to invest in Scripbox Mutual Funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    choose long term plan

    Choose a plan

    Choose a plan to invest to start investing

    create account

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund

    invest online

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    track investments

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    scripmark
    The Scripbox Promise

    Scripbox has helped over 2500 people become millionaires in the last 7 years

    Start Investing Now
    fund selection

    Fund Selection

    You'll never have to worry about what funds to choose. We'll suggest what's best for you.

    continuous monitoring

    Continuous monitoring & alerts

    We will track our recommendations and suggest changes & fund exists whenever required.

    call assistance

    All week call assistance

    Our customer champions are available 7 days a week from 8AM to 8PM.

    annual reviews

    Annual reviews & rebalances

    We review your investments and make course corrections every year to make the best out of your investments

    About Union Long Term Equity Fund (G)

    About Union Long Term Equity Fund (G)

    Union Long Term Equity Fund (G) is a tax saving equity fund and has delivered an annualised return of 12.7% over a period of 9 years .The fund was previously known as Union Tax Saver Gr.The fund is managed by Union Asset Management Co. Pvt. Ltd..The fund manager’s name is Vinay Paharia.

    Union Long Term Equity Fund (G) Investment Objective

    To generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities. However,there can be no assurance that the investment objective of the scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized.

    Union Long Term Equity Fund (G) NAV,AUM,Risk

    The Union Long Term Equity Fund (G) fund was launched on Dec 23, 2011. The NAV (Net Asset Value) of this tax saving equity as of 2020-11-24 is ₹ 28.97. The total AUM (Asset Under Management) of the fund as of 2020-11-25 is ₹ 274.420. The category risk of the Union Long Term Equity Fund (G) fund is Moderately High risk. The fund charges 2.53 % as expense ratio.

    Union Long Term Equity Fund (G) Holdings

    The fund’s highest allocation is towards equity and has invested 96.9% in this asset class. The top three holdings of the fund are 182 dtb 19112020,hdfc bank ltd and infosys ltd

    Union Long Term Equity Fund (G) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of ₹ 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.

    Union Long Term Equity Fund (G) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR

    Union Long Term Equity Fund (G) Review

    Union Long Term Equity Fund (G) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Union Long Term Equity Fund (G) has a score of 3 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

    filter
    Show Calculator