VR Logo

4 star

Union Long Term Equity Fund download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.80 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.00 Lakh

Suitability:

"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

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • 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 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • 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. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Union Long Term Equity-G -0.99 0.55 1.52 8.03 7.62 1.82 8.10 21.66 13.04 9.93 13.92
S&P BSE 500 TRI 1.34 0.70 1.07 8.69 6.71 2.18 8.93 20.34 12.99 12.60 15.01
Equity: ELSS -1.30 0.53 0.79 7.33 6.70 -0.37 5.09 18.59 11.10 10.98 15.18
Rank within category 20 11 2 10 10 5 8 6 6 17 20
Number of funds in category 36 36 36 36 36 36 36 35 32 28 26

As on 08-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Long Term Equity Fund
4 star
Dec-11 8.10 21.66 13.04 2.53 479
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 4.63 21.65 14.82 1.66 11,495
DSP Tax Saver Fund
4 star
Jan-07 2.94 20.07 12.45 1.78 9,091
Canara Robeco Equity Tax Saver Fund - Regular Plan  | Invest Online
5 star
Mar-93 6.10 22.82 15.59 2.01 3,957
IDFC Tax Advantage (ELSS) Fund - Regular Plan  | Invest Online
4 star
Dec-08 8.26 23.97 13.26 1.96 3,917

Best & Worst Performance

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

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Union Long Term Equity-G 21.29 21.23 0.84 0.94 0.93 2.12
S&P BSE 500 TRI 20.28 22.43 0.75 0.86 -- --
Equity: ELSS 18.78 21.76 0.70 0.77 0.94 -0.49
Rank within category 7 11 5 5 12 5
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-Jul-2022

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 58
Top 10 Stocks (%) 47.05
Top 5 Stocks (%) 32.71
Top 3 Sectors (%) 49.69
Portfolio P/B Ratio 3.77
Portfolio P/E Ratio 25.62

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,81,725 1,34,619
Giant (%) 59.55 53.55
Large (%) 18.47 18.01
Mid (%) 20.38 22.43
Small (%) 1.60 6.34
Tiny (%) -- 0.19

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 20.45 9.70 5.07 7.39
down Reliance Industries Energy 26.16 8.94 3.47 7.08
equal ICICI Bank Financial 20.99 7.34 4.20 6.95
equal Infosys Technology 30.58 7.90 3.39 6.93
equal Tata Consultancy Services Technology 31.82 5.31 0.00 4.36
up State Bank of India Financial 13.15 3.50 0.00 3.50
up Bharti Airtel Communication 75.20 4.19 0.00 3.02
up Ultratech Cement Materials 26.65 4.16 0.67 2.99
equal Axis Bank Financial 14.19 3.34 0.00 2.42
equal Maruti Suzuki India Automobile 60.61 2.49 0.90 2.41
up Varun Beverages Consumer Staples 50.64 2.12 0.89 2.12
equal Kotak Mahindra Bank Financial 28.11 3.78 0.99 2.04
down Bajaj Finance Financial 51.55 3.53 0.93 2.00
down Larsen & Toubro Construction 27.95 3.57 1.76 1.76
equal Hindustan Unilever Consumer Staples 67.93 3.72 0.00 1.52
equal Tube Investments Of India Automobile 54.73 1.49 0.00 1.49
equal Schaeffler India Capital Goods 55.51 1.49 0.00 1.49
new Bharat Electronics Capital Goods 25.05 1.44 0.00 1.44
equal Devyani International Services 87.68 1.43 0.00 1.30
equal CreditAccess Grameen Financial 32.16 1.27 0.00 1.23
equal Tata Power Company Energy 34.01 1.71 0.00 1.20
equal PI Industries Chemicals 53.32 2.00 0.92 1.16
equal United Spirits Consumer Staples 54.67 1.72 0.00 1.16
equal Cipla Healthcare 33.38 1.24 0.00 1.15
equal Nestle India Consumer Staples 89.83 2.02 0.00 1.13

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2022

Fund Manager

— 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:


0.55%

Change from previous, NAV as on 08-Aug-2022

Growth: ₹ 41.9600

IDCW: ₹ 23.4600


Investment Strategy

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

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Union Mutual Fund
Launch Date: 23-Dec-2011
Return Since Launch: 14.44%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 479 Cr (As on 30-Jun-2022)
Expense Ratio: 2.53% (As on 30-Jun-2022)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 69.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW05-Feb-20190.6198

 22-Mar-20181.0000
 28-Sep-20171.0000
 28-Feb-20171.0000
 24-Feb-20161.0000
 13-Jan-20151.5000
 28-Jan-20140.9000
 07-Feb-20131.0000

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone: (022) 6748 3300

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

Upcoming Video

Investors' Hangout

How to be financially independent

DateMon, 15-Aug-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot