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  • Union ELSS Tax Saver Fund (Growth)

Formerly Union Tax saver (ELSS) Gr

Union Mutual Fund

Union ELSS Tax Saver Fund (Growth)

EquityTax Saving

57.46

NAV (Apr 22)

18.9%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

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 ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

57.46

NAV (Apr 22)

Fund Returns

Last 1Y
37.9%
Last 3Y
20.8%
Last 5Y
18.9%
Last 10Y
14.1%
Since Inception
15.2%
6 Month CAGR
16.6%

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.

Expense Ratio
2.35
Launched (13y ago)
Dec 23, 2011
AUM in Crores
846.643
ISIN
INF582M01302
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
11.9
Standard Deviation (5yr)
17.7
Beta (3yr)
0.86
Beta (5yr)
0.92
Sharpe Ratio (3yr)
1.123
Sharpe Ratio (5yr)
0.768
YTM
0
Fund Managers

Sanjay Bembalkar

Fund Manager

Hardick Bora

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Union ELSS Tax Saver Fund (Growth)70%11,81,009 4,48,39718.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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.

Asset allocation and Holdings

Last updated on 2024-04-22

Top Stock Holdings

treps

6.6%
6.6%

reliance industries ltd

6.5%
6.5%

icici bank ltd

5.9%
5.9%

hdfc bank ltd

5.9%
5.9%

bharti airtel ltd

3.5%
3.5%
See all holdings

Allocation by Sector

financial services

24.3%
24.3%

consumer cyclical

14.5%
14.5%

technology

10.6%
10.6%

energy

8.9%
8.9%

industrials

8.5%
8.5%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 17,313 cr

₹ 14,075 cr

₹ 21,475 cr

₹ 53,505 cr

₹ 41,281 cr

amc-img

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 15,274 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,38 debt and 12 hybrid funds.amc-img
phone-img022-24833300
Fund NameScripbox Opinion
Till Date CAGR

20.2%

12.5%

5.5%

6.7%

6.2%

5.3%

5.4%

5.2%

20.2%

12.4%

Union ELSS Tax Saver Fund (G) Review

Union ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 15.2% over a period of 12 years. The fund was previously known as Union Tax saver (ELSS) Gr. The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Hardick Bora, Sanjay Bembalkar.

Nav of Union ELSS Tax Saver Fund (G) as of 4/22/2024 is ₹57.46 with the total AUM as of 4/23/2024 is ₹846.643. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union ELSS Tax Saver Fund (G) was launched on Dec 23, 2011. The category risk of the fund is Very High Risk.

The minimum SIP amount for Union ELSS Tax Saver Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

Union ELSS Tax Saver Fund (G) 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 ELSS Tax Saver Fund (G) is rated as a 3 fund in Equity and delivered 37.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Union ELSS Tax Saver Fund (G).

Frequently Asked Questions

What is Union ELSS Tax Saver Fund (G)?

Union ELSS Tax Saver Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Union ELSS Tax Saver Fund (G)?

You can invest in Union ELSS Tax Saver Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Union ELSS Tax Saver Fund (G)?

The minimum sip amount for Union ELSS Tax Saver Fund (G) is ₹500. You can invest in multiples of ₹500.

Is Union ELSS Tax Saver Fund (G) good to invest in?

As per Scripbox experts, Union ELSS Tax Saver Fund (G) is a Neutral fund. You can investUnion ELSS Tax Saver Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Union ELSS Tax Saver Fund (G)?

The expense ratio of the Union ELSS Tax Saver Fund (G) is 2.35% for regular plan.