Union Long Term Equity Fund Growth+0.10%

13.41%
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 Ratio2.53%
NAV28.69 (23 Nov 2020)
Fund Started23 Dec 2011
Fund Size274 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
13.4%
6.8%
8.3%
12.5%
Category Average
9.3%
4.0%
9.6%
-
Rank Within Category
7
7
21
-
*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 13.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    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
    7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    8. Risk-adjusted returns are lower compared to the category
    9. Higher expense ratio - 2.53%
    10. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity8.6%
    Infosys Ltd.TechnologyEquity6.3%
    Housing Development Finance Corpn. Ltd.FinancialEquity5.4%
    Reliance Industries Ltd.EnergyEquity5.3%
    ICICI Bank Ltd.FinancialEquity4.6%
    Bharti Airtel Ltd.CommunicationEquity2.9%
    Tata Consultancy Services Ltd.TechnologyEquity2.2%
    Maruti Suzuki India Ltd.AutomobileEquity2.1%
    Axis Bank Ltd.FinancialEquity2.1%
    Reliance Industries Ltd - Partly Paid EquityEnergyPPE2.0%
    See All

    Fund Managers

    Vinay Paharia
    keyboard_arrow_down
    Anshul Mishra
    keyboard_arrow_down

    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 ₹274 Cr and the Latest NAV as of 23 Nov 2020 is ₹28.69.

    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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