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 | 2.44 | -1.08 | -0.71 | 6.50 | 19.22 | 29.56 | 22.88 | 8.34 | 12.01 | 12.33 | -- |
| S&P BSE 500 TRI | 3.00 | -1.33 | -0.64 | 7.17 | 21.97 | 31.84 | 20.97 | 8.13 | 15.35 | 14.87 | -- |
| Equity: ELSS | 2.73 | -1.23 | -1.06 | 6.81 | 20.42 | 29.73 | 18.06 | 5.78 | 13.51 | 15.20 | -- |
| Rank within category | 25 | 9 | 10 | 24 | 27 | 14 | 6 | 7 | 23 | 27 | -- |
| Number of funds in category | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 35 | 33 | 29 | 27 |
As on 22-Jan-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 | 22.88 | 8.34 | 12.01 | 2.57 | 318 |
| Axis Long Term Equity Fund |  |
Dec-09 | 20.83 | 11.39 | 15.76 | 1.62 | 27,181 |
| DSP Tax Saver Fund | Invest Online | |
Jan-07 | 17.42 | 7.48 | 15.31 | 1.85 | 7,425 |
| Mirae Asset Tax Saver Fund - Regular Plan | Invest Online |  |
Dec-15 | 25.01 | 11.24 | 20.53 | 1.86 | 5,489 |
| Tata India Tax Savings Fund | Invest Online | |
Mar-96 | 15.01 | 5.88 | 14.12 | 2.04 | 2,481 |
| Best (Period) | Worst (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 | 59.56 (13-Feb-2014 - 13-Feb-2015) | -28.18 (22-Mar-2019 - 23-Mar-2020) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 10.48 | 21.63 | 0.26 | 0.31 | 0.94 | 0.24 |
| S&P BSE 500 TRI | 10.60 | 22.83 | 0.26 | 0.30 | -- | -- |
| Equity: ELSS | 7.85 | 22.37 | 0.14 | 0.16 | 0.95 | -2.47 |
| Rank within category | 7 | 9 | 7 | 5 | 14 | 7 |
| 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-Dec-2020
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| Number of Stocks | 72 |
| Top 10 Stocks (%) | 42.15 |
| Top 5 Stocks (%) | 29.76 |
| Top 3 Sectors (%) | 53.92 |
| Portfolio P/B Ratio | 3.82 |
| Portfolio P/E Ratio | 29.46 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 1,27,497 | 1,14,833 |
| Giant (%) | 57.64 | 51.95 |
| Large (%) | 14.64 | 15.52 |
| Mid (%) | 19.64 | 24.52 |
| Small (%) | 8.08 | 8.19 |
| Tiny (%) | -- | 0.18 |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
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HDFC Bank | Financial | 25.92 | 9.70 | 6.33 | 8.77 |
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Infosys | Technology | 30.70 | 6.35 | 2.15 | 6.33 |
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ICICI Bank | Financial | 26.46 | 5.71 | 0.00 | 5.24 |
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HDFC | Financial | 28.84 | 6.82 | 2.37 | 5.11 |
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Reliance Industries | Energy | 32.81 | 8.94 | 4.31 | 4.31 |
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Axis Bank | Financial | 55.59 | 4.43 | 0.73 | 3.03 |
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Bharti Airtel | Communication | -- | 4.19 | 0.00 | 2.85 |
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Bajaj Finance | Financial | 74.44 | 3.53 | 0.00 | 2.41 |
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Larsen & Toubro | Construction | 16.83 | 6.06 | 1.79 | 2.11 |
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Tata Consultancy Services | Technology | 39.69 | 5.31 | 0.00 | 1.99 |
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Maruti Suzuki India | Automobile | 59.83 | 6.45 | 0.90 | 1.95 |
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State Bank of India | Financial | 10.79 | 2.56 | 0.00 | 1.67 |
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Avenue Supermarts | Services | 194.36 | 1.59 | 0.00 | 1.59 |
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Reliance Industries Ltd - Partly Paid Equity | Energy | -- | 1.58 | ||
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Kotak Mahindra Bank | Financial | 40.07 | 6.01 | 1.19 | 1.55 |
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Hindustan Unilever | FMCG | 80.69 | 3.72 | 0.00 | 1.52 |
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Asian Paints | Chemicals | 90.61 | 2.31 | 0.00 | 1.47 |
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Coforge | Technology | 34.49 | 1.49 | 0.00 | 1.43 |
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L&T Infotech | Technology | 37.75 | 1.22 | 0.00 | 1.22 |
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Titan Company | Cons Durable | 187.67 | 2.63 | 0.00 | 1.21 |
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Indiamart Intermesh | Services | 85.91 | 1.68 | 0.00 | 1.21 |
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Syngene International | Healthcare | 64.16 | 1.39 | 0.00 | 1.17 |
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Ultratech Cement | Construction | 26.67 | 1.92 | 0.00 | 1.14 |
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NTPC | Energy | 14.58 | 1.33 | 0.00 | 1.10 |
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Varun Beverages | FMCG | 90.24 | 1.44 | 0.00 | 1.08 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— 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:
— Hardick Bora since 06-Jan-2021
Education: Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience: He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.
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 |
| Exit Load | 0 |
| Fund House: | Union Mutual Fund |
| Launch Date: | 23-Dec-2011 |
| Return Since Launch: | 13.63% |
| Benchmark: | S&P BSE 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 318 Cr (As on 31-Dec-2020) |
| Expense: | 2.57% (As on 31-Dec-2020) |
| Risk Grade: | Below Average |
| Return Grade: | Average |
| Turnover: | 49.00% |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | 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, 29-Jan-2021
12:30 PM - 01:00 PM