Union ELSS Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
1.51 %
Expense Ratio
★★★
Rating
823
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 37.7% 18.9% 19.1% 14.3%
Category Average 39.6% 18.9% 17.3% -

Scheme Allocation

By Holding
By Sector
By Asset
5.83%
5.63%
3.23%
Others
75.87%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 6.4%
HDFC Bank Banks Equity 5.83%
ICICI Bank Banks Equity 5.63%
Infosys IT - Software Equity 3.23%
Bharti Airtel Telecomm-Service Equity 3.04%
NTPC Power Generation & Distribution Equity 2.88%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.82%
Axis Bank Banks Equity 2.49%
Tata Consumer Plantation & Plantation Products Equity 2.27%
Bharat Electron Aerospace & Defence Equity 2.26%
Sun Pharma.Inds. Pharmaceuticals Equity 2.25%
St Bk of India Banks Equity 2.2%
Bajaj Auto Automobile Equity 2.16%
Shriram Finance Finance Equity 2.07%
Zomato Ltd E-Commerce/App based Aggregator Equity 2.07%
HCL Technologies IT - Software Equity 1.8%
Canara Bank Banks Equity 1.76%
Kesoram Inds. Cement Equity 1.74%
TVS Motor Co. Automobile Equity 1.74%
Jio Financial Finance Equity 1.65%
Varun Beverages FMCG Equity 1.6%
Tata Motors-DVR Automobile Equity 1.58%
TCS IT - Software Equity 1.54%
Tech Mahindra IT - Software Equity 1.24%
Sonata Software IT - Software Equity 1.23%
Alembic Pharma Pharmaceuticals Equity 1.19%
Max Healthcare Healthcare Equity 1.08%
Kalyan Jewellers Diamond, Gems and Jewellery Equity 1.06%
Brigade Enterpr. Realty Equity 1.03%
Max Financial Finance Equity 1.01%
Coal India Mining & Mineral products Equity 1.01%
Godrej Propert. Realty Equity 1.01%
Cummins India Capital Goods-Non Electrical Equipment Equity 1%
Hitachi Energy Capital Goods - Electrical Equipment Equity 1%
Power Grid Corpn Power Generation & Distribution Equity 1%
Tata Steel Steel Equity 0.98%
Spandana Sphoort Finance Equity 0.98%
JSW Energy Power Generation & Distribution Equity 0.97%
Electronics Mart Retail Equity 0.97%
Mankind Pharma Pharmaceuticals Equity 0.97%
O N G C Crude Oil & Natural Gas Equity 0.96%
B P C L Refineries Equity 0.95%
Doms Industries Printing & Stationery Equity 0.95%
SJS Enterprises Auto Ancillaries Equity 0.93%
Uno Minda Auto Ancillaries Equity 0.89%
Mrs Bectors FMCG Equity 0.87%
Eureka Forbes Consumer Durables Equity 0.82%
Nippon Life Ind. Finance Equity 0.78%
B H E L Capital Goods - Electrical Equipment Equity 0.77%
Solar Industries Aerospace & Defence Equity 0.77%
Gokaldas Exports Readymade Garments/ Apparells Equity 0.76%
Glenmark Life Pharmaceuticals Equity 0.75%
Life Insurance Insurance Equity 0.75%
Gabriel India Auto Ancillaries Equity 0.68%
Oil India Crude Oil & Natural Gas Equity 0.66%
Cyient IT - Software Equity 0.62%
Kaynes Tech Consumer Durables Equity 0.61%
C D S L Miscellaneous Equity 0.54%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.51%
REC Ltd Finance Equity 0.48%
Balkrishna Inds Tyres Equity 0.18%
Banks
17.91%
IT-Software
9.04%
Petroleum Products
7.35%
Automobiles
5.48%
Finance
5.18%
Others
55.04%
View all Sectors
Sectors Asset
Banks 17.91%
IT-Software 9.04%
Petroleum Products 7.35%
Automobiles 5.48%
Finance 5.18%
Pharmaceuticals & Biotech 5.16%
Power 4.85%
Debt 4.75%
Retailing 3.55%
Telecom-Services 3.04%
Construction 2.82%
Auto Components 2.68%
Agricultural Food & other 2.27%
Aerospace & Defense 2.26%
Realty 2.04%
Consumer Durables 1.88%
Electrical Equipments 1.77%
Insurance 1.76%
Cement & Cement Products 1.74%
Oil 1.62%
Beverages 1.6%
Capital Markets 1.32%
Cash & Others 1.28%
Healthcare Services 1.08%
Consumable Fuels 1.01%
Industrial Products 1%
Ferrous Metals 0.98%
Household Products 0.95%
Food Products 0.87%
Chemicals & Petrochemical 0.77%
Textiles & Apparels 0.76%
IT-Services 0.62%
Industrial Manufacturing 0.61%
Equity
93.97%
Reverse Repos
4.7%
Net Curr Ass/Net Receivables
1.28%
T-Bills
0.05%

Advance Ratio

2.23
Alpha
3.44
SD
0.86
Beta
1.05
Sharpe

Exit Load

Exit Load Nil

Fund Objective

To generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.

Fund Managers

Sanjay Bembalkar

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Union Mutual Fund
AUM:
13,594 Cr
Address:
Unit 503, 5th Floor, Leeela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact:
022-67483300
Email ID:
investorcare@unionmf.com

More Funds from Union Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in Union ELSS Tax Saver Fund – Direct Growth ?

You can invest in Union ELSS Tax Saver Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Union ELSS Tax Saver Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Union ELSS Tax Saver Fund – Direct Growth ?

The NAV of Union ELSS Tax Saver Fund – Direct Growth is ₹59.5 as of 18 March 2024.

How to redeem Union ELSS Tax Saver Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Union ELSS Tax Saver Fund – Direct Growth?

The minimum SIP amount of Union ELSS Tax Saver Fund – Direct Growth is ₹500

What are the top sectors Union ELSS Tax Saver Fund – Direct Growth has invested in?

The top sectors Union ELSS Tax Saver Fund – Direct Growth has invested in are
  1. Banks - 17.91%
  2. IT-Software - 9.04%
  3. Petroleum Products - 7.35%
  4. Automobiles - 5.48%
  5. Finance - 5.18%

Can I make investments in both the SIP and Lump Sum schemes of Union ELSS Tax Saver Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Union ELSS Tax Saver Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Union ELSS Tax Saver Fund – Direct Growth generated ?

The Union ELSS Tax Saver Fund – Direct Growth has delivered 14.3% since inception

What is the expense ratio of Union ELSS Tax Saver Fund – Direct Growth ?

The expense ratio of Union ELSS Tax Saver Fund – Direct Growth is 1.51 % as of 18 March 2024.

What is the AUM of Union ELSS Tax Saver Fund – Direct Growth?

The AUM of Union ELSS Tax Saver Fund – Direct Growth is ₹13,594 Cr as of 18 March 2024

What are the top stock holdings of Union ELSS Tax Saver Fund – Direct Growth?

The top stock holdings of Union ELSS Tax Saver Fund – Direct Growth are
  1. Reliance Industr - 6.4%
  2. HDFC Bank - 5.83%
  3. ICICI Bank - 5.63%
  4. Infosys - 3.23%
  5. Bharti Airtel - 3.04%

How can I redeem my investments in Union ELSS Tax Saver Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Union ELSS Tax Saver Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now