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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

42.27

NAV (Feb 03)

11.9%
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

42.27

NAV (Feb 3)

Fund Returns

Last 1Y

1.1%

Last 3Y

18.3%

Last 5Y

11.9%

Last 10Y

12.3%

Since Inception

13.8%

6 Month CAGR

2%

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

2.49

Launched (12y ago)

Dec 23, 2011

AUM in Crores

577.519

ISIN

INF582M01302

Lock-in

3

Benchmark

S&P BSE 500 India TR INR

SIP Minimum

500

Lumpsum Min.

500

Standard Deviation (3yr)

21.6

Standard Deviation (5yr)

18.8

Beta (3yr)

0.93

Beta (5yr)

0.94

Sharpe Ratio (3yr)

0.653

Sharpe Ratio (5yr)

0.384

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 Long Term Equity Fund (Growth)70%982,041 249,42911.9%
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.

Asset allocation and Holdings

Last updated on 2023-02-03

Top Stock Holdings

hdfc bank ltd

7.4%
7.4%

icici bank ltd

7.2%
7.2%

infosys ltd

6.5%
6.5%

reliance industries ltd

5.8%
5.8%

state bank of india

4.2%
4.2%
See all holdings

Allocation by Sector

financial services

31.4%
31.4%

technology

12.8%
12.8%

consumer cyclical

9.9%
9.9%

basic materials

8.8%
8.8%

consumer defensive

8.5%
8.5%
See all sectors

Compare Union Long Term Equity Fund (Growth)

Fund NameFund SizeOutperformance Consistency
Canara Robeco Emerging Equities fund (G)
Canara Robeco Emerging Equities fund (G)

₹ 15,500 cr

₹ 4,848 cr

₹ 10,444 cr

₹ 15,500 cr

₹ 10,444 cr

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 10,935 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

    18.3%

    13.8%

    18.3%

    13.7%

    18.3%

    13.7%

    18.7%

    14.3%

    17.3%

    10.9%

    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 13.8% over a period of 11 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 Hardick Bora, Sanjay Bembalkar, Vinay Paharia.

    Nav of Union Long Term Equity Fund (G) as of 2/3/2023 is ₹42.27 with the total AUM as of 2/6/2023 is ₹577.519. 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 1.1% 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)?

    Union Long Term Equity 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 Long Term Equity Fund (G)?

    You can invest in Union Long Term Equity 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 Long Term Equity Fund (G)?

    The minimum sip amount for Union Long Term Equity Fund (G) is ₹500. You can invest in multiples of ₹500.

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

    As per Scripbox experts, Union Long Term Equity Fund (G) is a Top Ranked fund. You can investUnion Long Term Equity 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 Long Term Equity Fund (G)?

    The expense ratio of the Union Long Term Equity Fund (G) is 2.49% for regular plan.