Union ELSS Tax Saver Fund - Growth Option
(Erstwhile Union Tax Saver Scheme - Growth Option)
Fund House: Union Mutual Fund| Category: Equity: ELSS |
| Launch Date: 23-12-2011 |
| Asset Class: Equity |
| Benchmark: BSE 500 |
| TER: 2.35% As on (31-05-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 869.07 Cr As on (31-05-2024) |
| Turn over: 142% | Exit Load: Nil |
62.39
0.09 (0.1443%)
15.74%
Benchmark: 15.09%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
2 Years 11 Months
9 Years 8 Months
11 Years 8 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 11.7 |
| Sharpe Ratio | 1.04 |
| Alpha | 1.58 |
| Beta | 0.87 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Union ELSS Tax Saver Fund - Growth Option | 23-12-2011 | 35.16 | 28.81 | 19.16 | 20.37 | 13.52 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 59.23 | 44.65 | 25.3 | 22.78 | - |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 59.19 | 41.32 | 24.22 | 27.34 | 18.57 |
| Quant ELSS Tax Saver Fund - Growth Option - Regular Plan | 01-04-2000 | 58.87 | 39.29 | 26.99 | 33.22 | 24.82 |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 56.91 | 44.07 | 27.7 | 24.01 | 16.21 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 55.66 | 39.82 | 18.99 | - | - |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 50.38 | 38.95 | 24.26 | 22.49 | 17.6 |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 48.05 | 33.91 | 21.01 | 21.82 | 17.49 |
| HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 47.92 | 36.55 | 26.49 | 19.71 | 14.03 |
| Franklin India ELSS Tax Saver Fund-Growth | 05-04-1999 | 47.13 | 35.02 | 21.71 | 19.7 | 15.96 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
14.39%
Others
3.19%
Large Cap
62.17%
Mid Cap
20.25%
