Union ELSS Tax Saver Fund

Name: Union ELSS Tax Saver Fund
Brand: Union Mutual Fund

Fund Card

Value Research Rating

Our Opinion

Riskometer

Very High

₹58.3600 1.70%

As on 02-Apr-2026

Returns

Calculate SIP Returns of Union ELSS Tax Saver Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

More Details about Returns

Risk

This fund has Very High risk.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

As per SEBI's Riskometer.

More Details about Risk

Portfolio of Union ELSS Tax Saver Fund

Asset Allocation

Market Cap Weightage

We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.

Portfolio Breakdown

Peer Comparison

Fund name	Risk		Expense Ratio (%)
Union ELSS Tax Saver Fund	Very High	loading...	2.35
SBI ELSS Tax Saver Fund - Regular Plan Invest Online	Very High	loading...	1.60
Mirae Asset ELSS Tax Saver Fund - Regular Plan Invest Online	Very High	loading...	1.58
DSP ELSS Tax Saver Fund - Regular Plan	Very High	loading...	1.65
HDFC ELSS Tax Saver Fund - Regular Plan Invest Online	Very High	loading...	1.72

Detailed Comparison

Other details of Union ELSS Tax Saver Fund

Assets

₹876 Cr

Exit Load (Days)

Min. Investment (₹)

500

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

500

Min. No of Cheques

More Details

About Union ELSS Tax Saver Fund

Union ELSS Tax Saver Fund is a equity mutual fund scheme of Union Mutual Fund. Launched on December 23, 2011, it is currently managed by Sanjay Bembalkar and Vinod Malviya. The fund has an expense ratio of 2.35% with an overall AUM (Assets Under Management) of ₹876 Cr.

Union ELSS Tax Saver Fund is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹500.

Investment Strategy

The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.

Suitability

ELSS funds are suitable for investors:

Seeking tax savings u/s 80C through a diversified equity portfolio
Aiming for long-term wealth creation
With a 5+ year investment horizon
Who are at ease with the market's ups and downs

Note:

Invest only through SIP
The fund has a lock-in-period of 3 years

Capital Gains Taxation

If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Latest news on Union ELSS Tax Saver Fund

Hardick Bora leaves Union Mutual Fund

1 min read•By News Desk

Name Change of Union Tax Saver (ELSS) Fund

1 min read•By News Desk

Union Long Term Equity Fund to be changed to Union Tax Saver (ELSS) Fund

1 min read•By News Desk

Vinay Paharia Leaves Union Mutual Fund

1 min read•By News Desk

All News

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FAQ for Union ELSS Tax Saver Fund

How to Invest in Union ELSS Tax Saver Fund?

Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Union ELSS Tax Saver Fund through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Union ELSS Tax Saver Fund can be bought from the Union Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.

What is the current NAV of Union ELSS Tax Saver Fund Today?

The latest declared NAV of Union ELSS Tax Saver Fund, is ₹58.3600 as of 03-Apr-2026.

What are the top holdings of Union ELSS Tax Saver Fund?

Company	Percentage of Portfolio
HDFC Bank	6.43
ICICI Bank	5.50
SBI	4.21
Reliance Ind	4.11
Larsen & Toubro	3.32

What is the return of Union ELSS Tax Saver Fund in the last 5 years?

Over the past five years, Union ELSS Tax Saver Fund has delivered an annualised return of 11.72% as of 03-Apr-2026.

What is the minimum investment required in Union ELSS Tax Saver Fund?

The minimum investment required to start investing in Union ELSS Tax Saver Fund is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.