How to Invest in Union ELSS Tax Saver Fund Direct Growth?

You can easily invest in Union ELSS Tax Saver Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Union ELSS Tax Saver Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Union ELSS Tax Saver Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union ELSS Tax Saver Fund Direct Growth provide?

The Union ELSS Tax Saver Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 13.02% since its inception.

How much expense ratio is charged by Union ELSS Tax Saver Fund Direct Growth?

The term Expense Ratio used for Union ELSS Tax Saver Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Union ELSS Tax Saver Fund Direct Growth is 1.44% as of 14 Jun 2026...

What is the AUM of Union ELSS Tax Saver Fund Direct Growth?

The AUM, short for Assets Under Management of Union ELSS Tax Saver Fund Direct Growth is ₹835.04Cr as of 14 Jun 2026.

How to Redeem Union ELSS Tax Saver Fund Direct Growth?

If you want to sell your Union ELSS Tax Saver Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Union ELSS Tax Saver Fund Direct Growth?

You can select either SIP or Lumpsum investment of Union ELSS Tax Saver Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Union ELSS Tax Saver Fund Direct Growth?

The NAV of Union ELSS Tax Saver Fund Direct Growth is ₹68.65 as of 12 Jun 2026.

What is the PE and PB ratio of Union ELSS Tax Saver Fund Direct Growth?

The PE ratio ratio of Union ELSS Tax Saver Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Union ELSS Tax Saver Fund Direct Growth

Name: Union ELSS Tax Saver Fund Direct Growth
Brand: Union Mutual Fund

+12.59%

3Y annualised

+2.22% 1D

All

NAV: 12 Jun '26

₹68.65

Min. for SIP

₹500

Fund size (AUM)

₹835.04 Cr

Expense ratio

1.44%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹58,932	-1.78%
3 years	₹1,80,000	₹1,93,018	+7.23%
5 years	₹3,00,000	₹3,81,008	+27.00%
10 years	₹6,00,000	₹12,14,705	+102.45%

Holdings (75)

Name	Sector	Instruments	Assets
HDFC Bank Ltd	Financial	Equity	5.27%
ICICI Bank Ltd	Financial	Equity	4.95%
Reliance Industries Ltd	Energy & Utilities	Equity	3.96%
State Bank of India	Financial	Equity	3.57%
Bharti Airtel Ltd	Technology	Equity	2.89%
Larsen & Toubro Ltd	Industrials	Equity	2.62%
Gabriel India Ltd	Consumer Discretionary	Equity	2.57%
Axis Bank Ltd	Financial	Equity	2.40%
Kotak Mahindra Bank Ltd	Financial	Equity	2.34%
Shriram Transport Finance Company Ltd	Financial	Equity	2.21%
Infosys Ltd	Technology	Equity	2.17%
Ami Organics Ltd	Healthcare	Equity	1.90%
Maruti Suzuki India Ltd	Consumer Discretionary	Equity	1.90%
JSW Energy Ltd	Energy & Utilities	Equity	1.86%
Repo	Unspecified	Repo	1.85%
Jindal Steel & Power Ltd	Materials	Equity	1.78%
Bharat Electronics Ltd	Industrials	Equity	1.67%
Solar Industries India Ltd	Materials	Equity	1.66%
CG Power & Industrial Solutions Ltd	Industrials	Equity	1.65%
Max Financial Services Ltd	Financial	Equity	1.60%
Tata Steel Ltd	Materials	Equity	1.60%
TVS Motor Company Ltd	Consumer Discretionary	Equity	1.60%
The Federal Bank Ltd	Financial	Equity	1.54%
Ujjivan Small Finance Bank Ltd	Financial	Equity	1.51%
Tata Consumer Products Ltd	Consumer Staples	Equity	1.50%
NTPC Ltd	Energy & Utilities	Equity	1.36%
Karur Vysya Bank Ltd	Financial	Equity	1.30%
LG Electronics India Ltd.	Consumer Discretionary	Equity	1.30%
Tata Consultancy Services Ltd	Technology	Equity	1.30%
Ajanta Pharma Ltd	Healthcare	Equity	1.28%
HDFC Asset Management Company Ltd	Financial	Equity	1.26%
Phoenix Mills Ltd	Real Estate	Equity	1.26%
Aarti Industries Ltd	Materials	Equity	1.25%
Amber Enterprises India Ltd	Consumer Discretionary	Equity	1.25%
Data Patterns (India) Ltd	Industrials	Equity	1.17%
DOMS Industries Ltd.	Industrials	Equity	1.12%
JSW Infrastructure Ltd	Industrials	Equity	1.10%
Cummins India Ltd	Industrials	Equity	1.08%
One 97 Communications Ltd	Industrials	Equity	1.03%
Balrampur Chini Mills Ltd	Consumer Staples	Equity	1.02%
Ultratech Cement Ltd	Materials	Equity	1.01%
Schneider Electric Infrastructure Ltd	Energy & Utilities	Equity	0.98%
Zomato Ltd	Technology	Equity	0.98%
Tata Motors Ltd	Industrials	Equity	0.97%
Hindustan Unilever Ltd	Consumer Staples	Equity	0.97%
ZF Commercial Vehicle Control Systems India Ltd	Consumer Discretionary	Equity	0.96%
Campus Activewear Ltd	Consumer Discretionary	Equity	0.96%
Bharat Heavy Electricals Ltd	Industrials	Equity	0.96%
Bajaj Finance Ltd	Financial	Equity	0.93%
Hitachi Energy India Ltd	Industrials	Equity	0.92%
Sun Pharmaceutical Industries Ltd	Healthcare	Equity	0.88%
Mphasis Ltd	Technology	Equity	0.86%
UNO Minda Ltd	Consumer Discretionary	Equity	0.84%
Timken India Ltd	Industrials	Equity	0.82%
Torrent Pharmaceuticals Ltd	Healthcare	Equity	0.80%
Lupin Ltd	Healthcare	Equity	0.78%
Gokaldas Exports Ltd	Consumer Discretionary	Equity	0.75%
Inventurus Knowledge Solutions Ltd.	Industrials	Equity	0.74%
Pidilite Industries Ltd	Materials	Equity	0.73%
Fortis Healthcare Ltd	Healthcare	Equity	0.72%
Schaeffler India Ltd	Industrials	Equity	0.69%
Endurance Technologies Ltd	Consumer Discretionary	Equity	0.68%
LTIMindtree Ltd	Technology	Equity	0.63%
FSN E-Commerce Ventures Ltd	Consumer Discretionary	Equity	0.61%
ITC Ltd	Consumer Staples	Equity	0.59%
Aether Industries Ltd	Materials	Equity	0.57%
SRF Ltd	Materials	Equity	0.54%
AIA Engineering Ltd	Industrials	Equity	0.45%
Oil India Ltd	Energy & Utilities	Equity	0.39%
Britannia Industries Ltd	Consumer Staples	Equity	0.34%
Aegis Vopak Terminals Ltd.	Energy & Utilities	Equity	0.30%
Clean Max Enviro Energy Solutions Ltd.	Energy & Utilities	Equity	0.15%
364 Day T-BILL 09 July 2026	Financial	Treasury Bills	0.05%
TVS Motor Company Ltd - Pref. Shares	Consumer Discretionary	Preference Shares	0.02%
Net Payables	Unspecified	Net Payables	-0.22%

See All

Minimum investments

Min. for 1st investment

₹500

Min. for 2nd investment

₹500

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+12.6%	+12.4%	+13.4%	+13.0%
Category average (Equity ELSS)	+16.4%	+16.5%	+14.0%	--
Rank (Equity ELSS)	25	19	19	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Motilal Oswal ELSS Tax Saver Fund Direct Growth	+5.97%	+23.76%	4,663.26
	SBI ELSS Tax Saver Fund Direct Growth	-1.76%	+18.63%	30,955.01
	WhiteOak Capital ELSS Tax Saver Fund Direct Growth	+0.29%	+18.42%	455.66
	HDFC ELSS Tax Saver Fund Direct Plan Growth	-3.85%	+16.01%	15,366.50
	Parag Parikh ELSS Tax Saver Fund Direct Growth	-8.16%	+12.30%	5,539.59
Compare

Fund management

VM
Vinod Malviya
Nov 2024 - Present
View details

Education

Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)

Experience

Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.

Also manages these schemes

Union Flexi Cap Fund Direct Growth

Union ELSS Tax Saver Fund Direct Growth

Union Value Fund Direct Growth

Union Focused Fund Direct Growth

Union Large & Midcap Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Union Children's Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

Union Gold ETF FoF Direct Growth

Union Consumption Fund Direct Growth

SB
Sanjay Bembalkar
Jun 2021 - Present
View details

Education

Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.

Experience

Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP

Also manages these schemes

Union Flexi Cap Fund Direct Growth

Union ELSS Tax Saver Fund Direct Growth

Union Largecap Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

Union Equity Savings Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Union Multicap Fund Direct Growth

Union Innovation & Opportunities Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

Union Active Momentum Fund Direct Growth

Union Consumption Fund Direct Growth

About Union ELSS Tax Saver Fund Direct Growth

Union ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Vinod Malviya is the Current Fund Manager of Union ELSS Tax Saver Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹28,740 Cr and the Latest NAV as of 12 Jun 2026 is ₹68.65. The Union ELSS Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.

Fund benchmarkBSE 500 Total Return Index

Scheme Information Document(SID)