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  • Union Mutual Fund
  • Union Long Term Equity Fund (Growth)

Formerly Union Tax Saver Gr

Union Mutual Fund

Union Long Term Equity Fund (Growth)

EquityTax Saving

Top Ranked

42.43

NAV (Jan 21)

16.5%
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

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

Relative Size

465 Cr. Medium within the category

Category View

Positive. The category has a positive 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

Historical NAV

42.43

NAV (Jan 21)

Fund Returns

Last 1Y

31.4%

Last 3Y

22.2%

Last 5Y

16.5%

Last 10Y

15.1%

Since Inception

15.4%

6 Month CAGR

12.9%

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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

2.57

Launched (11y ago)

Dec 23, 2011

AUM in Crores

464.369

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%₹ 9,65,796 ₹ 2,33,18411.25%
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.

comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

₹ 23,716 cr

5

₹ 5,282 cr

5

₹ 5,841 cr

5

₹ 4,433 cr

5

₹ 3,651 cr

5

amc-icon

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 9,123 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,34 debt and 16 hybrid funds.

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

    22.2%

    15.4%

    22.6%

    12.3%

    4.6%

    6.8%

    0.7%

    0%

    4.5%

    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)

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    Equity

    Tax Saving

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    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    Union Long Term Equity Fund (G) Review

    Union Long Term Equity Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 15.4% over a period of 10 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.

    Nav of Union Long Term Equity Fund (G) as of 21/01/2022 is ₹42.43 with the total AUM as of 24/01/2022 is ₹464.369. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Long Term Equity Fund (G) was launched on Dec 23, 2011. The category risk of the fund is Very High Risk.

    The minimum SIP amount for Union Long Term Equity 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 Long Term Equity 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 Long Term Equity Fund (G) is rated as a 4 fund in Equity and delivered 31.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Union Long Term Equity Fund (G).

    Frequently Asked Questions

    What is Union Long Term Equity Fund (G)?

    How to invest in Union Long Term Equity Fund (G)?

    What is the minimum sip amount of Union Long Term Equity Fund (G)?

    Is Union Long Term Equity Fund (G) good to invest in?

    What is the expense ratio of the Union Long Term Equity Fund (G)?