October 19, 2026
mayank
Union ELSS Tax Saver Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 69.42 |
| NAV IDCW (Rs.) | 69.42 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | BSE 500 TRI |
| AUM Rs. | 821 Cr |
| (As on 30-Sep-2026) | |
| Expense | 1.22% |
| 1 Year Return (%) | -3.64 |
| 3 Year Return (%) | 9.23 |
| 5 Year Return (%) | 8.49 |
| 10 Year Return (%) | 12.48 |
| Return Since Launch | 12.77% |
Suitable For Which Investors?
ELSS funds are suitable for investors:
1. Seeking tax savings u/s 80C through a diversified equity portfolio
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
• The fund has a lock-in-period of 3 years
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 | 12.77% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 821 Cr |
| (As on 30-Sep-2026) | |
| Expense | 1.22% |
| (As on 30-Sep-2026) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | 74.00% |
Union ELSS Tax Saver Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union ELSS Tax Saver Dir | -4.00 | 0.26 | -0.66 | -3.58 | 1.33 | -3.64 | 9.23 | 8.49 | 15.37 | 12.48 |
| BSE 500 TRI | -6.52 | 0.74 | -1.21 | -4.27 | -1.24 | -4.45 | 9.16 | 7.99 | 14.44 | 12.76 |
| Equity: ELSS – Tax Saver | -4.36 | 0.56 | -1.07 | -3.30 | 0.39 | -3.18 | 10.43 | 9.18 | 15.13 | 13.00 |
| Rank within category | 20 | 30 | 10 | 20 | 13 | 21 | 24 | 22 | 14 | 19 |
| Number of funds in category | 40 | 40 | 40 | 40 | 40 | 40 | 38 | 33 | 32 | 28 |
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 out of 5 stars | -3.64 | 9.23 | 8.49 | 1.22 | 821 | 12.77 | — | 13Y 9M | 74.00 |
| SBI ELSS Tax Saver Dir | 5 out of 5 stars | -5.69 | 12.62 | 13.00 | 0.82 | 30,027 | 14.66 | — | 13Y 9M | 58.00 |
| DSP ELSS Tax Saver Dir | 4 out of 5 stars | -3.80 | 12.22 | 10.53 | 0.68 | 15,569 | 16.03 | — | 13Y 9M | 39.00 |
| HDFC ELSS – Tax Saver Dir | 5 out of 5 stars | -7.96 | 12.01 | 12.22 | 0.97 | 14,949 | 13.63 | — | 13Y 9M | 23.71 |
| Nippon India ELSS Tax Saver Dir | 4 out of 5 stars | -1.72 | 11.31 | 10.21 | 0.88 | 14,096 | 13.36 | — | 13Y 9M | 19.00 |
Union ELSS Tax Saver Fund Portfolio Analysis
| No. of Stocks | 81 |
| Top 10 Stocks | 30.99% |
| Top 5 Stocks | 20.81% |
| Top 3 Sectors | 60.54% |
| Portfolio P/B Ratio | 3.76 |
| Portfolio P/E Ratio | 29.85 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,41,724 | 1,79,701 |
| Large (%) | 55.06 | 60.68 |
| Mid (%) | 22.68 | 18.05 |
| Small (%) | 22.26 | 22.37 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.unionmf.com/investorlogin/
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