Union Long Term Equity Fund Growth-0.24%

3
2.27%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Union Long Term Equity Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.51%
NAV25.26 (23 Sep 2020)
Fund Started23 Dec 2011
Fund Size272 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Union Long Term Equity Fund Growth
2.3%
3.6%
5.0%
11.2%
Category Average
14.4%
1.5%
10.7%
-
Rank within category
5
7
23
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 2.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity8.2%
    Infosys Ltd.TechnologyEquity5.6%
    Reliance Industries Ltd.EnergyEquity5.4%
    Housing Development Finance Corpn. Ltd.FinancialEquity5.2%
    ICICI Bank Ltd.FinancialEquity4.6%
    Tata Consultancy Services Ltd.TechnologyEquity3.5%
    Bharti Airtel Ltd.CommunicationEquity3.4%
    Axis Bank Ltd.FinancialEquity2.1%
    Maruti Suzuki India Ltd.AutomobileEquity2.1%
    Hindustan Unilever Ltd.FMCGEquity2.0%
    See All

    Fund Managers

    addVinay Paharia
    Education
    Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
    Experience
    Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
    Funds Managed
    addAnshul Mishra
    Education
    Mr. Mishra is a B.E (Mechanical Engineering), CFA and PGDM (Finance & Marketing)
    Experience
    Prior to joining Union Mutual Fund, he has worked with IDBI AMC - Fund Manager - Equity, AVP - Equity Dealer and Research, ING Investment Management (India) Private Limited (April 2008 - May 2011) and as Manager - Investments (Equity) Treasury, IDBI Bank Ltd. (May 2005 -March 2008)
    Funds Managed

    Union Long Term Equity Fund Growth Details

    Union Long Term Equity Fund Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 23 Dec 2011. Ashish Ranawade is the Current Fund Manager of Union Long Term Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹272 Cr and the Latest NAV as of 23 Sep 2020 is ₹25.26.

    The Union Long Term Equity Fund Growth is rated Moderately 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.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Union Mutual Fund

    Address
    Unit 802, 8th Floor, Tower ‘A’, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai - 400013
    Phone
    022-24833300
    Launch Date
    23 Mar 2011
    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,
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