Union ELSS Tax Saver Fund Growth

• Alpha 2.56%
• Beta 0.94
• Sharpe Ratio0.73
• Std Deviation 11.99%
• Tracking Error 3.64%

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 921.50 crores & has delivered CAGR of 14.79% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.27%. 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 Medium & Exceptional respectively.

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

The major sectors where the fund is invested are Regional Banks, Software & Programming, Consumer Financial Services & Auto & Truck Parts.

Some of the similar funds are Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth, Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth, Union ELSS Tax Saver Fund Growth, PGIM India ELSS Tax Saver Fund Regular Growth, WhiteOak Capital ELSS Tax Saver Fund Regular Growth. Union ELSS Tax Saver Fund Growth has a sharpe ratio of 0.73 & a standard deviation of 11.99%.