1M
6M
1Y
3Y
5Y
All
| NAV: 07 Oct 2022 | ₹44.93 |
| Min. SIP amount | ₹500 |
| Rating | 4 |
| Fund size | ₹525.85Cr |
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 | 0.8% | 21.8% | 13.8% | 13.3% |
| Category average | 0.1% | 18.2% | 11.1% | NA |
| Rank with in category | 11 | 7 | 8 | NA |
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Holdings (60)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.5% |
| HDFC Bank Ltd. | Financial | Equity | 7.0% |
| Reliance Industries Ltd. | Energy | Equity | 6.2% |
| Infosys Ltd. | Technology | Equity | 6.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.7% |
| State Bank of India | Financial | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 2.8% |
| Axis Bank Ltd. | Financial | Equity | 2.5% |
| Bajaj Finance Ltd. | Financial | Equity | 2.4% |
| Ultratech Cement Ltd. | Construction | Equity | 2.1% |
See All
Pros and cons
Category: Equity ELSS
Pros
Cons
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Higher alpha: 2.33
The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Higher expense ratio: 1.56%
Exit load is zero
Expense ratio, exit load and tax
Expense ratio: 1.56%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
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
Vinay PahariaJun 2019 - PresentView details
Vinay Paharia
Jun 2019 - Present
View details
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).
Also manages these schemes
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
Research Analyst - Equity - Canara Robeco Asset Management Company Ltd. (December 2017 to September 2019) Research Analyst - Equity - LIC Mutual Fund Asset Management Ltd.(August 2015 to December 2017) Assistant Vice President - Quantum Advisors Pvt. Ltd (April 2010 to August 2015) Intern Analyst - Autonomous Research LLP (August 2009 to January 2010).
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
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
E-mail
[email protected]Website
NA
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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