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: 2.52% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 335.59 Cr As on (30-04-2021)
Turn over: 35% | Exit Load: Nil

33.18

13.61%

PERFORMANCE

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

Start :  
Period:  

RETURNS ANALYSIS

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
There is no value for 4x
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 59.83 19.23 11.2 11.8 -
quant Tax Plan - Growth Option - Regular Plan 01-04-2000 126.69 43.17 25.9 22.62 14.86
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 88.73 20.44 9.75 15.56 15.02
Mirae Asset Tax Saver Fund-Regular Plan-Growth 05-12-2015 75.33 23.83 15.84 20.68 -
Franklin India Taxshield-Growth 05-04-1999 70.75 13.52 8.04 10.86 13.02
HDFC Long Term Advantage Plan - Growth Plan 05-01-2001 69.11 15.12 10.28 14.69 12.94
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 68.41 21.11 13.14 16.06 14.92
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 68.39 19.38 11.39 16.04 13.17
PGIM India Long Term Equity Fund - Regular Plan - Growth Option 11-12-2015 68.32 18.49 11.15 14.34 -
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 67.25 29.8 12.11 17.51 13.99

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

6.93%

Others

4.5%

Large Cap

70.55%

Mid Cap

18.02%

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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