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  • Mutual Funds
  • Union Asset Management Co. Pvt. Ltd.
  • Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A)

Formerly Union Long Term Eq DR

Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A)

Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A)

EquityTax Saving

18.72

NAV (May 06)

Scripbox Opinion

Neutral

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

10 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

336 Cr. Medium within the category

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

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Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    3 Years
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    Save Tax

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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Very High Risk

2.52 %

Expense Ratio

Dec 23, 2011

Launched (10y ago)

₹ 336

AUM in Crores

INF582M01310

ISIN

3

Lock-in

S&P BSE 500 India TR INR

Benchmark

₹ 0

SIP Minimum

₹ 500

Lumpsum Min.

Fund Managers
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Hardick Bora

Fund Manager

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Vinay Paharia

Fund Manager

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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.

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Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

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SBI Focused Equity Fund (G)

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17 Years

Age

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Track Record

Aditya Birla Sun Life Focused Equity Fund (G)

Aditya Birla Sun Life Focused Equity Fund (G)

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Recommended

Top Ranked

16 Years

Age

5

Track Record

UTI Nifty Index Fund (G)

UTI Nifty Index Fund (G)

Index Funds

Recommended

Top Ranked

21 Years

Age

5

Track Record

HDFC Index Nifty 50 fund (G)

HDFC Index Nifty 50 fund (G)

Index Funds

Recommended

Top Ranked

19 Years

Age

5

Track Record

Kotak Bluechip fund (G)

Kotak Bluechip fund (G)

Large Cap

Recommended

Top Ranked

23 Years

Age

5

Track Record

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About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 6,049 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,30 debt and 16 hybrid funds.

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  • tel-amc-about
    022-24833300
  • mail-amc-about
    investorcare@unionmf.com
  • Union Flexi Cap Fund (G)

    Union Flexi Cap Fund (G)

    Diversified

    Top Ranked

    ₹ 481 Cr

    Fund Size

    13%

    3Y returns

    Union Liquid Fund (G)

    Union Liquid Fund (G)

    Liquid

    Top Ranked

    ₹ 781 Cr

    Fund Size

    4.3%

    3Y returns

    Union Liquid Fund Unclaimed Amounts Plan Redemption Beyond 3 years (G)

    Union Liquid Fund Unclaimed Amounts Plan Redemption Beyond 3 years (G)

    Liquid

    Top Ranked

    ₹ 781 Cr

    Fund Size

    N/A

    3Y returns

    Union Liquid Fund Unclaimed Amounts Plan Dividend Upto 3 years (G)

    Union Liquid Fund Unclaimed Amounts Plan Dividend Upto 3 years (G)

    Liquid

    Top Ranked

    ₹ 781 Cr

    Fund Size

    4%

    3Y returns

    Union Liquid Fund Unclaimed Amounts Plan Dividend Beyond 3 years (G)

    Union Liquid Fund Unclaimed Amounts Plan Dividend Beyond 3 years (G)

    Liquid

    Top Ranked

    ₹ 781 Cr

    Fund Size

    N/A

    3Y returns

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

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    Debt Funds

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    About Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A)

    About Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A)

    Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) is a tax saving equity fund and has delivered an annualised return of 13.6% 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 Hardick Bora, Vinay Paharia

    Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) 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. However, there is no assurance that the objective of the scheme will be realized.

    Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) NAV,AUM,Risk

    The Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund was launched on Dec 23, 2011. The NAV (Net Asset Value) of this tax saving equity as of 2021-05-06 is ₹ 18.72. The total AUM (Asset Under Management) of the fund as of 2021-05-07 is ₹ 335.292. The category risk of the Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund is Very High Risk. The fund charges 2.52 % as expense ratio.

    Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) Holdings

    The fund’s highest allocation is towards equity and has invested 96.2% in this asset class. The top three holdings of the fund are 364 dtb 27052021,hdfc bank ltd and infosys ltd

    Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) SIP

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) Investment volatility and Horizon

    This fund 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 of Income Distribution cum capital withdrawal (RIDCW-A) Review

    Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Union Long Term Equity Fund of Income Distribution cum capital withdrawal (RIDCW-A) has a score of 3 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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