- Mutual Funds
- Union Mutual Fund
- Union Long Term Equity Fund (RIDCW-A)
Formerly Union Long Term Eq DR
Union Long Term Equity Fund (RIDCW-A)
₹ 20.78
NAV (Jun 24)
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.
Track Record
11 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
490 Cr. Medium within the category
Category View
Superior. The category has a superior investment outlook
Consistency Of Performance
Consistently Good. The fund has performed well consistently over a period of time
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.?
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Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 20.78
NAV (Jun 24)
Fund Returns
Last 1Y | 1.5% |
Last 3Y | 15% |
Last 5Y | 10.7% |
Last 10Y | 12.8% |
Since Inception | 13.1% |
6 Month CAGR | -10.4% |
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 | 2.53 |
Launched (11y ago) | Dec 23, 2011 |
AUM in Crores | 489.487 |
ISIN | INF582M01310 |
Lock-in | 3 |
Benchmark | S&P BSE 500 India TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 500 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 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
reliance industries ltd
8.5%hdfc bank ltd
7.8%icici bank ltd
7.2%infosys ltd
7%tata consultancy services ltd
4.4%Allocation by Sector
financial services
28.4%technology
13.2%consumer cyclical
10%energy
9.3%basic materials
9.3%Comparison with Equity Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 4,202 cr | |||
₹ 13,023 cr | |||
₹ 13,023 cr | |||
₹ 4,202 cr | |||
₹ 4,202 cr |
About the AMC
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 | |
|---|---|---|---|
15% | 13.3% | ||
14.5% | 10.3% | ||
15% | 13.1% | ||
14.5% | 10.1% | ||
14.5% | 10.1% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsUnion Long Term Equity Fund (RIDCW-A) Review
Union Long Term Equity Fund (RIDCW-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 DR. 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 (RIDCW-A) as of 6/24/2022 is ₹20.78 with the total AUM as of 6/27/2022 is ₹489.487. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Long Term Equity Fund (RIDCW-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 (RIDCW-A) is ₹0 and you can increase this in multiples of ₹100. 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 (RIDCW-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 (RIDCW-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 (RIDCW-A).
Frequently Asked Questions
What is Union Long Term Equity Fund (RIDCW-A)?
How to invest in Union Long Term Equity Fund (RIDCW-A)?
You can invest in Union Long Term Equity Fund (RIDCW-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 (RIDCW-A)?
The minimum sip amount for Union Long Term Equity Fund (RIDCW-A) is ₹0. You can invest in multiples of ₹500.
Is Union Long Term Equity Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Union Long Term Equity Fund (RIDCW-A) is a Top Ranked fund. You can investUnion Long Term Equity Fund (RIDCW-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 (RIDCW-A)?
The expense ratio of the Union Long Term Equity Fund (RIDCW-A) is 2.53% for regular plan.