- Mutual Funds
- Union Mutual Fund
- Union Tax saver ELSS Fund (Growth)
Formerly Union Long Term Eq Gr
Union Tax saver ELSS Fund (Growth)
₹ 49.44
NAV (Oct 03)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Union Tax saver ELSS Fund (Growth) | 10,98,738 | 3,66,126 | 16.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
hdfc bank ltd
7.2%icici bank ltd
6.3%reliance industries ltd
4.6%infosys ltd
3.9%state bank of india
3%Allocation by Sector
financial services
31.8%technology
13.4%industrials
11.8%consumer cyclical
9.6%basic materials
7.6%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,630 cr | ||
₹ 11,862 cr | ||
₹ 11,197 cr | ||
₹ 10,089 cr | ||
₹ 9,392 cr |
About the AMC
Union Asset Management Co. Pvt. Ltd.
| Fund Name | Scripbox 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)?
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.