• Mutual Funds
  • Union Mutual Fund
  • Union Long Term Equity Fund (RIDCW-A)

Formerly Union Long Term Eq DR

Union Mutual Fund

Union Long Term Equity Fund (RIDCW-A)

EquityTax Saving

Top Ranked

20.78

NAV (Jun 24)

10.7%
5 Year CAGR
Scripbox Opinion
Top Ranked
Union Long Term Equity Fund (RIDCW-A) is a good choice within tax saving mutual funds.

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

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.

Our analysis of this fundLearn how we rate funds ->

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

Invest in this fund

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

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

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

2.53

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

Vinay Paharia

Fund Manager

Sanjay Bembalkar

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
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 2022-06-24

Top Stock Holdings

reliance industries ltd

8.5%
8.5%

hdfc bank ltd

7.8%
7.8%

icici bank ltd

7.2%
7.2%

infosys ltd

7%
7%

tata consultancy services ltd

4.4%
4.4%
See all holdings

Allocation by Sector

financial services

28.4%
28.4%

technology

13.2%
13.2%

consumer cyclical

10%
10%

energy

9.3%
9.3%

basic materials

9.3%
9.3%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,202 cr

5

₹ 13,023 cr

5

₹ 13,023 cr

5

₹ 4,202 cr

5

₹ 4,202 cr

5

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.

amc-img

  • 022-24833300
  • investorcare@unionmf.com
  • Fund NameScripbox 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 Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Union 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)?

    Union Long Term Equity Fund (RIDCW-A) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    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.