Union ELSS Tax Saver Fund Growth

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Equity
ELSS (Tax Savings)
Rating 2
Plan

66.81 +0.13 (0.19%) NAV as on 13 Sep, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)960.42
CAGR 34.03%
Exit Load0.00%
Expense ratio2.23%
CategoryEquity
Min Investment500
Min SIP500
Launch Date2011-12-23

Asset Allocation

Holdings As On - 14 September 2024

Holdings

Sectors

Name
Value (Cr)
Holding %

HDFC Bank
64.05
6.67%

ICICI Bank
55.58
5.79%

Reliance Industries
40.50
4.22%

Treps
35.93
3.74%

Bharti Airtel
35.06
3.65%

Infosys
33.36
3.47%

State Bank Of India
21.60
2.25%

Axis Bank
21.11
2.20%

Godrej Properties
19.90
2.07%

Peer Comparison

Fund Name
Union ELSS Tax Saver Fund Growth34.03%
Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth43.72%
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth29.97%
PGIM India ELSS Tax Saver Fund Regular Growth26.07%
LIC MF ELSS Tax Saver Growth36.38%

Risk & Volitility

Alpha 2.56%
Beta 0.94
Sharpe Ratio0.95
Std Deviation 11.67%
Tracking Error 3.64%

About Fund

To generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities. However, there can be no assurance that the investment objective of the scheme will be achieved.

The Union ELSS Tax Saver Fund Growth has an AUM of 960.42 crores & has delivered CAGR of 23.37% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.23%. The minimum investment in Union ELSS Tax Saver Fund Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Treps.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

Some of the similar funds are Union ELSS Tax Saver Fund Growth, Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth, Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth, PGIM India ELSS Tax Saver Fund Regular Growth, LIC MF ELSS Tax Saver Growth. Union ELSS Tax Saver Fund Growth has a sharpe ratio of 0.95 & a standard deviation of 11.67%.