August 18, 2025
RA Jainee
Union ELSS Tax Saver Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 69.7500
NAV IDCW: Rs 69.7500
Suitable For Which Investors?
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.
Fund’s Investment Strategy:
The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.
Fund Manager:
1) Vinod Malviya
Education: Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)
Experience: Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.
2) Sanjay Bembalkar
Education: Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience: Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of Union ELSS Tax Saver Fund
| Fund House | Union Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.07% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 908 Cr |
| (As on 31-Jul-2025) | |
| Expense | 1.37% |
| (As on 31-Jul-2025) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 80.00% |
Trailing Returns (%) of Union ELSS Tax Saver Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union ELSS Tax Saver Dir | 1.56 | -0.06 | -1.79 | 3.43 | 12.46 | 3.13 | 15.75 | 21.47 | 15.45 | 12.56 |
| BSE 500 TRI | 2.10 | -0.04 | -2.44 | 1.34 | 10.48 | 0.59 | 15.19 | 20.94 | 14.09 | 13.63 |
| Equity: ELSS | 0.59 | 0.02 | -2.15 | 2.00 | 10.60 | 1.63 | 17.52 | 21.98 | 15.08 | 14.08 |
| Rank within category | 16 | 31 | 19 | 6 | 11 | 12 | 25 | 19 | 12 | 21 |
| Number of funds in category | 39 | 40 | 40 | 40 | 40 | 39 | 33 | 33 | 30 | 26 |
Peer Comparison of Union ELSS Tax Saver Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Union ELSS Tax Saver Dir | 3 star | 3.13 | 15.75 | 21.47 | 1.37 | 908 | 14.07 | — | 12Y 7M | 80.00 |
| SBI ELSS Tax Saver Dir | 5 star | 0.17 | 24.41 | 25.63 | 0.95 | 30,271 | 16.47 | — | 12Y 7M | 17.00 |
| DSP ELSS Tax Saver Dir | 4 star | 2.33 | 19.75 | 24.52 | 0.69 | 16,981 | 17.76 | — | 12Y 7M | 32.00 |
| HDFC ELSS Tax Saver Dir | 5 star | 6.40 | 22.08 | 25.52 | 1.09 | 16,579 | 15.45 | — | 12Y 7M | 20.47 |
| Bandhan ELSS Tax Saver Dir | 4 star | -0.24 | 16.12 | 24.87 | 0.65 | 6,974 | 17.51 | — | 12Y 7M | 34.00 |
Portfolio Analysis of Union ELSS Tax Saver Fund
| No. of Stocks | 72 |
| Top 10 Stocks | 36.88% |
| Top 5 Stocks | 24.50% |
| Top 3 Sectors | 49.22% |
| Portfolio P/B Ratio | 4.07 |
| Portfolio P/E Ratio | 28.45 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,86,714 | 1,99,528 |
| Giant (%) | 50.11 | 55.86 |
| Large (%) | 26.08 | 19.48 |
| Mid (%) | 18.58 | 21.06 |
| Small (%) | 5.23 | 6.79 |
| Tiny (%) | — | 0.45 |
Chanakya’s Mutual Fund Guidance For Union ELSS Tax Saver Fund
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