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    • Union Long Term Equity Fund (Growth)

    Formerly Union Tax Saver Gr

    Union Mutual Fund

    Union Long Term Equity Fund (Growth)

    EquityTax Saving

    Top Ranked

    42.19

    NAV (Sep 23)

    14.8%
    5 Year CAGR
    Scripbox Opinion

    Top Ranked

    Union Long Term Equity Fund (Growth) is a good choice within tax saving mutual funds.

    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

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

    Relative Size

    425 Cr. Medium within the category

    Category View

    Superior. The category has a superior investment outlook

    Consistency Of Performance

    Good. The historical performance of the fund has been good

    Invest in this fund
    Explore similar funds with a Scripbox plan. Explore the plan below.
    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.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax

    No single fund can achieve what a plan can. Learn why

    chart-amc-about

    Historical NAV

    42.19

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    67%
    Last 3Y
    20.9%
    Last 5Y
    14.8%
    Last 10Y
    NA
    Since Inception
    15.9%
    6 Month CAGR
    26.2%
    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

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Very High Risk

    Expense Ratio
    2.52
    Launched (10y ago)
    Dec 23, 2011
    AUM in Crores
    424.784
    ISIN
    INF582M01302
    Lock-in
    3
    Benchmark
    S&P BSE 500 India TR INR
    SIP Minimum
    500
    Lumpsum Min.
    500
    Fund Managers
    user-avatar

    Sanjay Bembalkar

    Fund Manager

    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
    comparison

    Comparison with Equity Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    SBI Focused Equity Fund (G)

    recommended-badge

    ₹ 19,429 cr

    5

    recommended-badge

    ₹ 5,308 cr

    5

    recommended-badge

    ₹ 4,853 cr

    5

    recommended-badge

    ₹ 3,705 cr

    5

    recommended-badge

    ₹ 3,232 cr

    5

    amc-icon

    About the AMC

    Union Asset Management Co. Pvt. Ltd.

    Union Asset Management Co. Pvt. Ltd. manages assets worth 8,429 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,30 debt and 16 hybrid funds.

    amc-img

  • tel-amc-about
    022-24833300
  • mail-amc-about
    investorcare@unionmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    20.9%

    15.9%

    top-ranked-badge

    21.4%

    12.7%

    top-ranked-badge

    5%

    7%

    top-ranked-badge

    1.1%

    0%

    top-ranked-badge

    4.7%

    4.1%

    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 Years
    • 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

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step 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.

    Fund Size

    Fund Size

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

    Sub-asset Class View

    Sub-asset Class View

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

    Fund Performance

    Fund 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.

    Fund Size

    Fund 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 Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    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 15.9% 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 managers are Sanjay Bembalkar, 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 fund as of 2021-09-23 is ₹42.19. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹424.784. The category risk of the Union Long Term Equity Fund (G) fund is Very High Risk. The fund charges 2.52 % as expense ratio.

    Union Long Term Equity Fund (G) Holdings

    The fund’s highest allocation is towards Equity and has invested 96.3% in this asset class. The top three holdings of the fund are , hdfc bank ltd , icici bank ltd , infosys ltd , ultratech cement ltd , larsen & toubro infotech ltd , housing development finance corp ltd , treps , reliance industries ltd , avenue supermarts ltd , larsen & toubro ltd , bajaj finance ltd , state bank of india , bharti airtel ltd , axis bank ltd , muthoot finance ltd , reliance industries ltd. pp* , divi's laboratories ltd , titan co ltd , united spirits ltd , piramal enterprises ltd , pi industries ltd , maruti suzuki india ltd , varun beverages ltd , asian paints ltd , gland pharma ltd , tasty bite eatables ltd , tata power co ltd , ntpc ltd , tata consultancy services ltd , tata steel ltd , bharat petroleum corp ltd , knr constructions ltd , procter & gamble hygiene and health care ltd , wabco india ltd , hindalco industries ltd , persistent systems ltd , kotak mahindra bank ltd , tube investments of india ltd ordinary shares , coforge ltd , sbi life insurance company limited , ramco cements ltd , sumitomo chemical india ltd ordinary shares , greaves cotton ltd , indiamart intermesh ltd , whirlpool of india ltd , torrent pharmaceuticals ltd , happiest minds technologies ltd ordinary shares , phoenix mills ltd , syngene international ltd , honeywell automation india ltd , creditaccess grameen ltd ordinary shares , minda industries ltd , laurus labs ltd , 3m india ltd , sona blw precision forgings ltd , v-mart retail ltd , deepak nitrite ltd , prestige estates projects ltd , tata communications ltd , polycab india ltd , ipca laboratories ltd , net receivable / payable

    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 4 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 4 out of 5 based on consistency of performance over various years / tenures.

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