Union Tax saver (ELSS) Fund Growth

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Equity
ELSS (Tax Savings)
Rating 3
Plan

52.07 +0.39 (0.75%) NAV as on 01 Dec, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)695.72
CAGR 16.67%
Exit Load0.00%
Expense ratio2.37%
CategoryEquity
Min Investment500
Min SIP500
Launch Date2011-12-23

Asset Allocation

Holdings As On - 03 December 2023

Holdings

Sectors

Name
Value (Cr)
Holding %

HDFC Bank
49.80
7.16%

ICICI Bank
43.70
6.28%

Reliance Industries
32.33
4.65%

Infosys
27.42
3.94%

State Bank Of India
20.92
3.01%

Treps
20.81
2.99%

Larsen & Toubro
20.19
2.90%

Axis Bank
20.12
2.89%

Nestle India
16.71
2.40%

Hindustan Unilever
15.76
2.26%

Peer Comparison

Fund Name
Union Tax saver (ELSS) Fund Growth16.67%
Mahindra Manulife ELSS Fund Regular Plan Growth14.57%
PGIM India ELSS Tax Saver Fund Regular Growth10.92%
SBI Long Term Advantage Fund Series V Regular Plan Growth8.02%
Baroda BNP Paribas ELSS Fund Regular Plan Growth19.47%

Risk & Volitility

Alpha 2.56%
Beta 0.94
Sharpe Ratio1.31
Std Deviation 13.37%
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 Tax saver (ELSS) Fund Growth has an AUM of 695.72 crores & has delivered CAGR of 17.50% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.37%. The minimum investment in Union Tax saver (ELSS) 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 & Infosys.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Consumer Financial Services & Electronic Instr. & Controls.

Some of the similar funds are Union Tax saver (ELSS) Fund Growth, Mahindra Manulife ELSS Fund Regular Plan Growth, PGIM India ELSS Tax Saver Fund Regular Growth, SBI Long Term Advantage Fund Series V Regular Plan Growth, Baroda BNP Paribas ELSS Fund Regular Plan Growth. Union Tax saver (ELSS) Fund Growth has a sharpe ratio of 1.31 & a standard deviation of 13.37%.