1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 16.70 | 0.41 | 2.08 | 8.14 | 6.31 | 21.25 | 64.33 | 15.41 | 13.62 | 11.00 | -- |
| S&P BSE 500 TRI | 18.66 | 0.37 | 1.38 | 7.55 | 7.28 | 22.47 | 69.47 | 14.89 | 16.28 | 13.46 | -- |
| Equity: ELSS | 17.70 | 0.30 | 1.43 | 6.79 | 6.59 | 21.62 | 64.00 | 12.80 | 14.60 | 13.54 | -- |
| Rank within category | 19 | 8 | 5 | 4 | 20 | 18 | 17 | 7 | 19 | 26 | -- |
| Number of funds in category | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 35 | 33 | 29 | 27 |
As on 11-Jun-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Union Long Term Equity Fund |  |
Dec-11 | 64.33 | 15.41 | 13.62 | 2.52 | 356 |
| Axis Long Term Equity Fund | |
Dec-09 | 56.50 | 14.86 | 16.36 | 1.67 | 29,575 |
| DSP Tax Saver Fund | Invest Online | |
Jan-07 | 71.01 | 17.03 | 16.92 | 1.79 | 8,747 |
| Mirae Asset Tax Saver Fund - Regular Plan | Invest Online |  |
Dec-15 | 75.98 | 19.45 | 21.45 | 1.70 | 7,940 |
| Canara Robeco Equity Tax Saver Fund - Regular Plan | Invest Online | |
Mar-93 | 69.95 | 19.62 | 18.08 | 2.17 | 2,227 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 10.23 | 01-Apr-2020 - 09-Apr-2020 | -17.76 | 11-Mar-2020 - 18-Mar-2020 |
| Month | 21.48 | 23-Mar-2020 - 22-Apr-2020 | -35.22 | 20-Feb-2020 - 23-Mar-2020 |
| Quarter | 34.28 | 23-Mar-2020 - 22-Jun-2020 | -33.33 | 23-Dec-2019 - 23-Mar-2020 |
| Year | 94.53 | 23-Mar-2020 - 23-Mar-2021 | -28.18 | 22-Mar-2019 - 23-Mar-2020 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 15.61 | 21.59 | 0.52 | 0.62 | 0.94 | 0.50 |
| S&P BSE 500 TRI | 15.83 | 22.84 | 0.50 | 0.59 | -- | -- |
| Equity: ELSS | 13.74 | 22.43 | 0.42 | 0.47 | 0.96 | -1.59 |
| Rank within category | 9 | 9 | 7 | 5 | 14 | 8 |
| Number of funds in category | 35 | 35 | 35 | 35 | 35 | 35 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-May-2021
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| Number of Stocks | 61 |
| Top 10 Stocks (%) | 39.92 |
| Top 5 Stocks (%) | 28.42 |
| Top 3 Sectors (%) | 52.65 |
| Portfolio P/B Ratio | 3.98 |
| Portfolio P/E Ratio | 30.96 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 1,28,710 | 1,22,008 |
| Giant (%) | 55.15 | 51.48 |
| Large (%) | 15.09 | 15.74 |
| Mid (%) | 23.06 | 24.34 |
| Small (%) | 6.70 | 8.63 |
| Tiny (%) | -- | 0.30 |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
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HDFC Bank | Financial | 25.76 | 9.70 | 7.68 | 8.12 |
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ICICI Bank | Financial | 23.94 | 6.74 | 0.00 | 6.74 |
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Infosys | Technology | 31.86 | 6.43 | 3.39 | 4.98 |
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HDFC | Financial | 24.65 | 6.82 | 2.37 | 4.47 |
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Reliance Industries | Energy | 30.46 | 8.94 | 4.02 | 4.11 |
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Avenue Supermarts | Services | 187.03 | 2.61 | 0.00 | 2.61 |
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State Bank of India | Financial | 17.11 | 2.56 | 0.00 | 2.26 |
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Bajaj Finance | Financial | 83.56 | 3.53 | 0.93 | 2.25 |
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Axis Bank | Financial | 31.45 | 4.43 | 1.58 | 2.21 |
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Bharti Airtel | Communication | -- | 4.19 | 0.00 | 2.17 |
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Larsen & Toubro | Construction | 18.22 | 3.70 | 1.79 | 2.11 |
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Tata Consultancy Services | Technology | 37.32 | 5.31 | 1.90 | 1.92 |
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PI Industries | Chemicals | 58.30 | 1.91 | 0.00 | 1.88 |
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L&T Infotech | Technology | 37.69 | 1.96 | 0.00 | 1.87 |
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Reliance Industries Ltd - Partly Paid Equity | Energy | -- | 1.71 | ||
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Coforge | Technology | 52.92 | 1.64 | 0.00 | 1.64 |
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Maruti Suzuki India | Automobile | 49.70 | 5.68 | 0.90 | 1.59 |
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Muthoot Finance | Financial | 15.54 | 1.58 | 0.00 | 1.58 |
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United Spirits | FMCG | 122.31 | 1.54 | 0.00 | 1.54 |
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Titan Company | Cons Durable | 157.68 | 2.63 | 0.00 | 1.51 |
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Asian Paints | Chemicals | 90.35 | 2.31 | 0.00 | 1.39 |
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Varun Beverages | FMCG | 84.87 | 1.44 | 0.00 | 1.31 |
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BPCL | Energy | 6.49 | 1.29 | 0.00 | 1.29 |
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NTPC | Energy | 15.33 | 1.33 | 0.00 | 1.28 |
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Ultratech Cement | Construction | 35.20 | 1.92 | 0.00 | 1.26 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2021
— Sanjay Bembalkar since 07-Jun-2021
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).
Funds Managed:
— Vinay Paharia since 28-Jun-2019
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).
Interviews:
Funds Managed:
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The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.
| Minimum Investment (₹) | 500 |
| Minimum Addl Investment (₹) | 500 |
| Minimum SIP Investment (₹) | 500 |
| Minimum No of Cheques | 6 |
| Minimum Withdrawal (₹) | 500 |
| Minimum Balance (₹) | 1 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
| Fund House: | Union Mutual Fund |
| Launch Date: | 23-Dec-2011 |
| Return Since Launch: | 14.61% |
| Benchmark: | S&P BSE 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 356 Cr (As on 31-May-2021) |
| Expense: | 2.52% (As on 30-Apr-2021) |
| Risk Grade: | Below Average |
| Return Grade: | Average |
| Turnover: | 46.00% |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IDCW | 05-Feb-2019 | 0.6198 | |||||||||||||||||||||||||||||
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AMC: Union Asset Management Company Pvt.Ltd.
Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059
Phone: 022-67483300 / 1800-200-2268
Fax: 022-67483400/3401/3402
Email: [email protected]
Website: http://www.unionmf.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com
Friday, 18-Jun-2021
12:30 PM - 01:00 PM