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  • Union Tax saver ELSS Fund (Growth)

Formerly Union Long Term Eq Gr

Union Mutual Fund

Union Tax saver ELSS Fund (Growth)

EquityTax Saving
Top Ranked

49.44

NAV (Oct 03)

16.2%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within tax saving mutual funds.Save tax combined with inflation beating long term growth
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

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

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

49.44

NAV (Oct 3)

Fund Returns

Last 1Y
19.8%
Last 3Y
24.4%
Last 5Y
16.2%
Last 10Y
14.4%
Since Inception
14.5%
6 Month CAGR
21.8%

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
2.37
Launched (12y ago)
Dec 23, 2011
AUM in Crores
695.724
ISIN
INF582M01302
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
13.3
Standard Deviation (5yr)
17.9
Beta (3yr)
0.89
Beta (5yr)
0.93
Sharpe Ratio (3yr)
1.355
Sharpe Ratio (5yr)
0.652
YTM
0
Fund Managers

Sanjay Bembalkar

Fund Manager

Vinay Paharia

Fund Manager

Hardick Bora

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Union Tax saver ELSS Fund (Growth)70%10,98,738 3,66,12616.2%
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 2023-10-03

Top Stock Holdings

hdfc bank ltd

7.2%
7.2%

icici bank ltd

6.3%
6.3%

reliance industries ltd

4.6%
4.6%

infosys ltd

3.9%
3.9%

state bank of india

3%
3%
See all holdings

Allocation by Sector

financial services

31.8%
31.8%

technology

13.4%
13.4%

industrials

11.8%
11.8%

consumer cyclical

9.6%
9.6%

basic materials

7.6%
7.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset Tax Saver Fund (G)
Mirae Asset Tax Saver Fund (G)

₹ 17,630 cr

₹ 11,862 cr

₹ 11,197 cr

₹ 10,089 cr

₹ 9,392 cr

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 13,320 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
022-24833300
investorcare@unionmf.com
Fund NameScripbox Opinion
Till Date CAGR

24.4%

14.5%

23.4%

11.7%

24.4%

14.4%

23.4%

11.5%

23.4%

11.5%

Union Tax saver ELSS Fund (G) Review

Union Tax saver ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 14.5% over a period of 11 years. The fund was previously known as Union Long Term Eq Gr. The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Hardick Bora, Sanjay Bembalkar, Vinay Paharia.

Nav of Union Tax saver ELSS Fund (G) as of 10/3/2023 is ₹49.44 with the total AUM as of 10/4/2023 is ₹695.724. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Tax saver ELSS Fund (G) was launched on Dec 23, 2011. The category risk of the fund is Very High Risk.

The minimum SIP amount for Union Tax saver ELSS 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 Tax saver ELSS 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 Tax saver ELSS Fund (G) is rated as a 4 fund in Equity and delivered 19.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Union Tax saver ELSS Fund (G).

Frequently Asked Questions

What is Union Tax saver ELSS Fund (G)?

Union Tax saver ELSS 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 Tax saver ELSS Fund (G)?

You can invest in Union Tax saver ELSS 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 Tax saver ELSS Fund (G)?

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

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

As per Scripbox experts, Union Tax saver ELSS Fund (G) is a Top Ranked fund. You can investUnion Tax saver ELSS 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 Tax saver ELSS Fund (G)?

The expense ratio of the Union Tax saver ELSS Fund (G) is 2.37% for regular plan.