Scripbox recommends other funds for investment in tax saving.
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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).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
11 Years. The Fund has Sufficient history for analysis and the track record is good.
490 Cr. Medium within the category
Superior. The category has a superior investment outlook
Consistency Of Performance
Consistently Good. The fund has performed well consistently over a period of time
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.?
NAV (Jun 24)
6 Month CAGR
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.
Launched (11y ago)
Dec 23, 2011
AUM in Crores
S&P BSE 500 India TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
reliance industries ltd8.5%
hdfc bank ltd7.8%
icici bank ltd7.2%
tata consultancy services ltd4.4%
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 4,202 cr
₹ 13,023 cr
₹ 13,023 cr
₹ 4,202 cr
₹ 4,202 cr
Union Asset Management Co. Pvt. Ltd.
Union Asset Management Co. Pvt. Ltd. manages assets worth 8,968 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.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Union Long Term Equity Fund (PIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 13.1% over a period of 10 years. The fund was previously known as Union Long Term Eq DP. 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 (PIDCW-A) as of 6/24/2022 is ₹20.78 with the total AUM as of 6/25/2022 is ₹489.487. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Long Term Equity Fund (PIDCW-A) 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 (PIDCW-A) 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 (PIDCW-A) 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 (PIDCW-A) is rated as a 4 fund in Equity and delivered 1.5% 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 (PIDCW-A).
What is Union Long Term Equity Fund (PIDCW-A)?
How to invest in Union Long Term Equity Fund (PIDCW-A)?
You can invest in Union Long Term Equity Fund (PIDCW-A) 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 (PIDCW-A)?
The minimum sip amount for Union Long Term Equity Fund (PIDCW-A) is ₹500. You can invest in multiples of ₹500.
Is Union Long Term Equity Fund (PIDCW-A) good to invest in?
As per Scripbox experts, Union Long Term Equity Fund (PIDCW-A) is a Top Ranked fund. You can investUnion Long Term Equity Fund (PIDCW-A) 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 (PIDCW-A)?
The expense ratio of the Union Long Term Equity Fund (PIDCW-A) is 2.53% for regular plan.