• 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

24.57

NAV (Nov 25)

13%
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 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 ->

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

Invest in this fund

Scripbox Recommended Tax Saving Fund

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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

24.57

NAV (Nov 25)

Fund Returns

Last 1Y

3.2%

Last 3Y

19.8%

Last 5Y

13%

Last 10Y

13.3%

Since Inception

14.3%

6 Month CAGR

16.9%

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

2.51

Launched (11y ago)

Dec 23, 2011

AUM in Crores

575.885

ISIN

INF582M01310

Lock-in

3

Benchmark

S&P BSE 500 India TR INR

SIP Minimum

0

Lumpsum Min.

500

Standard Deviation (3yr)

21.3

Standard Deviation (5yr)

18.6

Beta (3yr)

0.93

Beta (5yr)

0.94

Sharpe Ratio (3yr)

0.754

Sharpe Ratio (5yr)

0.474

YTM

0

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 2022-11-25

Top Stock Holdings

icici bank ltd

7.4%
7.4%

hdfc bank ltd

6.8%
6.8%

infosys ltd

6.7%
6.7%

reliance industries ltd

5.8%
5.8%

tata consultancy services ltd

3.7%
3.7%
See all holdings

Allocation by Sector

financial services

30%
30%

technology

12.4%
12.4%

consumer cyclical

10.7%
10.7%

basic materials

8.6%
8.6%

consumer defensive

7.8%
7.8%
See all sectors

Compare Union Long Term Equity Fund (RIDCW-A)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,865 cr

₹ 10,427 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 10,686 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

    19.8%

    14.5%

    18.7%

    11.4%

    19.8%

    14.3%

    18.7%

    11.2%

    18.7%

    11.2%

    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 14.3% 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 11/25/2022 is ₹24.57 with the total AUM as of 11/26/2022 is ₹575.885. 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 3.2% 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 2.51% for regular plan.