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Union Long Term Equity Fund Direct Growth+1.54%

22.49%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Union Long Term Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.01%
NAV₹33.68 (19 Jan 2021)
Fund Started01 Jan 2013
Fund Size318 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
22.5%
9.3%
13.1%
12.3%
Category Average
16.0%
6.1%
13.7%
-
Rank Within Category
8
12
24
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 22.5% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
3. 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. Higher expense ratio - 1.96%
3. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity9.6%
Infosys Ltd.TechnologyEquity6.1%
Housing Development Finance Corpn. Ltd.FinancialEquity5.8%
ICICI Bank Ltd.FinancialEquity5.1%
Reliance Industries Ltd.EnergyEquity4.6%
Axis Bank Ltd.FinancialEquity3.2%
Bharti Airtel Ltd.CommunicationEquity2.8%
Bajaj Finance Ltd.FinancialEquity2.4%
Tata Consultancy Services Ltd.TechnologyEquity2.0%
Larsen & Toubro Ltd.ConstructionEquity2.0%
See All

Fund Managers

Vinay Paharia
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Anshul Mishra
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Hardick Bora
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Union Long Term Equity Fund Direct Growth Details

Union Long Term Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ashish Ranawade is the Current Fund Manager of Union Long Term Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹318 Cr and the Latest NAV as of 19 Jan 2021 is ₹33.68.

The Union Long Term Equity Fund Direct 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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