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Union Long Term Equity 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: S&P BSE 500 TRI
Expense Ratio: 2.5% As on (30-04-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 497.04 Cr As on (30-04-2022)
Turn over: 62% | Exit Load: Nil
NAV as on 27-05-2022

38.36

0.39 (1.0167%)

CAGR Since Inception

13.75%

S&P BSE 500 TRI 10.69%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE 500 TRI
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Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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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
There is no value for 5x
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

Volatility 13.45
Sharp Ratio 0.05
Alpha -0.56
Beta 0.92
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 Long Term Equity Fund - Growth Option 23-12-2011 10.17 35.25 15.71 11.79 13.67
HDFC Taxsaver - Growth Plan 05-03-1996 15.73 35.81 9.81 7.81 13.27
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 14.41 38.64 - - -
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 13.42 60.41 29.64 20.92 19.99
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 9.15 39.19 7.35 4.73 13.44
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 10-05-2005 8.92 35.0 9.48 7.71 13.46
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 8.89 35.92 12.47 10.29 16.44
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 8.89 47.68 15.86 12.97 17.91
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 8.75 37.5 14.49 11.51 -
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 05-10-2016 8.32 35.83 13.25 8.75 -

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

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

6.42%

Others

6.55%

Large Cap

72.92%

Mid Cap

14.11%

Scheme Documents

Fact Sheet for the month of March 2022

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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