FAQ : Union ELSS Tax Saver Fund - Growth

Union ELSS Tax Saver Fund - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 14.96 15.88 14.48 13.59
Average Rolling Returns(%) 16.07 13.48 13.59 13.34

The Current NAV of Union ELSS Tax Saver Fund - Growth is ₹58.96.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

Union ELSS Tax Saver Fund - Growth fund’s expense ratio is 2.29%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Union ELSS Tax Saver Fund - Growth is currently ₹876 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 24% and 36% of fund’s portfolio respectively.

Top three sectors of Union ELSS Tax Saver Fund - Growth fund are BFSI, Auto and IT accounting for 54% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Union ELSS Tax Saver Fund - Growth Fund is Equity - ELSS.

Vinod Malviya and Sanjay Bembalkar manage the Union ELSS Tax Saver Fund - Growth Fund.

Union ELSS Tax Saver Fund - Growth current PE ratio is 38.13 and PB ratio is 6.73

The asset allocation of Union ELSS Tax Saver Fund - Growth is Stocks : 97.76%, Debt : 2.22% and Gold : 0%

The minimum SIP amount for Union ELSS Tax Saver Fund - Growth is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Union ELSS Tax Saver Fund - Growth is Nil

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