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| NAV: 14 Nov 2024 | ₹66.72 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹986.95Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 24.9% | 13.1% | 20.3% | 14.6% |
| Category average | 35.0% | 15.4% | 19.4% | NA |
| Rank with in category | 30 | 23 | 14 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 42.2% | 21.9% | 28,732.52 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 29.5% | 18.3% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 29.1% | 18.0% | 11,560.66 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 33.5% | 17.1% | 7,241.79 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 24.6% | 14.7% | 7,353.93 |
Holdings (68)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 6.93% |
ICICI Bank Ltd. | Financial | Equity | 5.80% |
Reliance Industries Ltd. | Energy | Equity | 4.19% |
Bharti Airtel Ltd. | Communication | Equity | 3.85% |
Infosys Ltd. | Technology | Equity | 3.81% |
Axis Bank Ltd. | Financial | Equity | 2.67% |
Tata Consultancy Services Ltd. | Technology | Equity | 2.42% |
HCL Technologies Ltd. | Technology | Equity | 2.24% |
State Bank of India | Financial | Equity | 2.08% |
ITC Ltd. | Consumer Staples | Equity | 2.07% |
Kalyan Jewellers India Ltd. | Consumer Discretionary | Equity | 2.00% |
Tech Mahindra Ltd. | Technology | Equity | 1.91% |
Larsen & Toubro Ltd. | Construction | Equity | 1.79% |
V-Mart Retail Ltd. | Services | Equity | 1.78% |
Quess Corp Ltd. | Financial | Equity | 1.65% |
Info Edge (India) Ltd. | Services | Equity | 1.65% |
TVS Motor Company Ltd. | Automobile | Equity | 1.57% |
Avenue Supermarts Ltd. | Services | Equity | 1.49% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.45% |
Zomato Ltd. | Services | Equity | 1.42% |
Voltas Ltd. | Consumer Discretionary | Equity | 1.38% |
Shriram Finance Ltd | Financial | Equity | 1.22% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 1.21% |
SJS Enterprises Ltd. | Automobile | Equity | 1.21% |
Greenply Industries Ltd. | Consumer Staples | Equity | 1.19% |
Hero Motocorp Ltd. | Automobile | Equity | 1.18% |
Cipla Ltd. | Healthcare | Equity | 1.16% |
Glenmark Life Sciences Ltd. | Healthcare | Equity | 1.15% |
Muthoot Finance Ltd. | Financial | Equity | 1.10% |
DOMS Industries Ltd. | Consumer Staples | Equity | 1.08% |
Alembic Pharmaceuticals Ltd. | Healthcare | Equity | 1.05% |
Cummins India Ltd. | Capital Goods | Equity | 1.05% |
Maruti Suzuki India Ltd. | Automobile | Equity | 1.02% |
ITD Cementation India Ltd. | Construction | Equity | 1.00% |
Solar Industries India Ltd. | Chemicals | Equity | 1.00% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 0.98% |
Kesoram Industries Ltd. | Construction | Equity | 0.98% |
Balkrishna Industries Ltd. | Automobile | Equity | 0.97% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 0.97% |
NTPC Ltd. | Energy | Equity | 0.97% |
Interglobe Aviation Ltd. | Services | Equity | 0.97% |
Tube Investments Of India Ltd. | Automobile | Equity | 0.96% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 0.96% |
Ajanta Pharma Ltd. | Healthcare | Equity | 0.94% |
Godrej Properties Ltd. | Construction | Equity | 0.93% |
Bharat Electronics Ltd. | Capital Goods | Equity | 0.93% |
Gabriel India Ltd. | Automobile | Equity | 0.92% |
KSB Ltd. | Capital Goods | Equity | 0.92% |
Electronics Mart India Ltd. | Services | Equity | 0.89% |
Central Depository Services (India) Ltd. | Financial | Equity | 0.88% |
Sonata Software Ltd. | Technology | Equity | 0.86% |
Lupin Ltd. | Healthcare | Equity | 0.86% |
Escorts Kubota Ltd. | Automobile | Equity | 0.86% |
Godrej Consumer Products Ltd. | Consumer Staples | Equity | 0.86% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.84% |
Supreme Industries Ltd. | Chemicals | Equity | 0.82% |
Eureka Forbes Ltd. | Metals & Mining | Equity | 0.82% |
Gokaldas Exports Ltd. | Textiles | Equity | 0.77% |
REC Ltd. | Financial | Equity | 0.71% |
Cera Sanitaryware Ltd. | Construction | Equity | 0.67% |
Hitachi Energy India Ltd. | Capital Goods | Equity | 0.67% |
3M India Ltd. | Diversified | Equity | 0.66% |
Pidilite Industries Ltd. | Chemicals | Equity | 0.64% |
Vinati Organics Ltd. | Chemicals | Equity | 0.61% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.59% |
Oil India Ltd. | Energy | Equity | 0.57% |
Aarti Industries Ltd. | Chemicals | Equity | 0.42% |
Reserve Bank of India | Financial | T-Bills | 0.05% |
See All
Pros and cons
Category: Equity ELSS
Pros
5Y annualised returns higher than category average by 0.91%
Higher alpha: 1.38
The fund has generated returns higher than benchmark - BSE 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 1.33%
Cons
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lock-in period: 3Y
Expense ratio, exit load and tax
Expense ratio: 1.33%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (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%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Sanjay BembalkarJun 2021 - PresentView details
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
Vinod MalviyaNov 2024 - PresentView details
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
Fund house & investment objective
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Launch Date
30 Dec 2009
E-mail
[email protected]Website
www.unionmf.com
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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