Union ELSS Tax Saver Fund Direct Growth

Union ELSS Tax Saver Fund Direct Growth

Equity

Union Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Union ELSS Tax Saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹71.08

▼-0.5%1D

NAV as on 22 Aug 2025

14.3%/per year

Since Inception

Absolute Gain%

▲▼

86 people have invested ₹ 1.5L in Union ELSS Tax Saver Fund Direct Growth in the last three months

Union ELSS Tax Saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (22-Aug-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.24%
4.96%
14.33%
1.86%
17.07%
21.31%
Nifty 500
-1.87%
0.92%
11.12%
-1.82%
15.07%
19.53%
Elss (Tax Savings) Avg
-1.1%
2.66%
11.43%
-0.96%
17.55%
20.71%
Best in Elss (Tax Savings)
1.33%
6.18%
16.46%
7.73%
26.46%
27.85%
Worst in Elss (Tax Savings)
-4.59%
0.5%
7.05%
-10.85%
12.86%
14.95%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Union ELSS Tax Saver Fund
-
908Cr
1.37%
1.86%
17.07%
1.46
0.89
0.84
1.34
0.14
Parag Parikh ELSS Tax Saver Fund Direct Growth
1/23
5,538Cr
0.62%
5.73%
20.11%
6.40
0.66
1.36
2.55
0.64
HDFC ELSS TaxSaver Fund Direct Growth
2/23
16,579Cr
1.09%
5.46%
23.16%
6.93
0.84
1.35
2.59
1.88
SBI ELSS Tax Saver Fund Direct Growth
3/23
30,271Cr
0.95%
-0.94%
25.29%
8.20
0.95
1.33
2.51
2.38
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

Union ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Union ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 97.4%

Debt & Cash 2.6%

Large cap
63.2%
Mid cap
17.4%
Small cap
16.9%
Mid Cap allocation has gone down from 20.2% to 17.4%
Mid Cap allocation has gone down from 20.2% to 17.4%
Large Cap allocation has gone down from 63.2% to 63.2%
Large Cap allocation has gone down from 63.2% to 63.2%
Small Cap allocation has gone up from 14.7% to 16.9%
Small Cap allocation has gone up from 14.7% to 16.9%
Debt allocation has gone up from 0% to 0%
Debt allocation has gone up from 0% to 0%
Cash allocation has gone up from 1.3% to 2.5%
Cash allocation has gone up from 1.3% to 2.5%

Union ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 97.4%

Debt & Cash 2.6%

Financial Services
26.4%
Industrial
16.4%
Consumer Cyclical
15.4%
Tech
12.7%
Health
10.1%
Basic Materials
5.9%
Energy
4.4%
Communication
4%
Consumer Defensive
2.5%
Utilities
2.1%

Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical

Jul'25

Financial Services

30%

Industrial

17%

Consumer Cyclical

13%

Jun'25

Financial Services

31%

Industrial

17%

Consumer Cyclical

12%

Union ELSS Tax Saver Fund Holdings Details

as on (31-Jul-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
8.08%
0%
ICICI Bank Ltd
6.06%
0%
Reliance Industries Ltd
3.57%
0%
Gabriel India Ltd
3.44%
0%
Bharti Airtel Ltd
3.35%
0%
See all
Top Stocks bought last month
Gabriel India Ltd's allocation increased from 2.28% to 3.44%
Gabriel India Ltd's allocation increased from 2.28% to 3.44%
Aadhar Housing Finance Ltd's allocation increased from 0.61% to 1.11%
Aadhar Housing Finance Ltd's allocation increased from 0.61% to 1.11%
Larsen & Toubro Ltd's allocation increased from 2.68% to 3.06%
Larsen & Toubro Ltd's allocation increased from 2.68% to 3.06%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 3.77 % to 3.57 %
Reliance Industries Ltd's allocation decreased from 3.77 % to 3.57 %
Bharti Airtel Ltd's allocation decreased from 3.45 % to 3.35 %
Bharti Airtel Ltd's allocation decreased from 3.45 % to 3.35 %
Infosys Ltd's allocation decreased from 3.39 % to 3.26 %
Infosys Ltd's allocation decreased from 3.39 % to 3.26 %

Union ELSS Tax Saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.37%
Benchmark
BSE 500 India TR INR
AUM₹908 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
139.22%
Risk
Risk meter
pointer
Very High Risk

About Union ELSS Tax Saver Fund

Union ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vinod Malviya, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union ELSS Tax Saver Fund Direct Growth has ₹908 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 1.4.

Returns

Union ELSS Tax Saver Fund Direct Growth has given a CAGR return of 14.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.86%, 17.07% and 21.31% respectively.

Holdings

Union ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Basic Materials, Consumer Defensive, Energy, Communication, Utilities, Government, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Gabriel India Ltd, Bharti Airtel Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Union ELSS Tax Saver Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Union ELSS Tax Saver Fund Direct Growth of 3 Years

Fund Manager

Vinod Malviya

Fund Manager of Union ELSS Tax Saver Fund Direct Growth, since 1 November 2024

Sanjay Bembalkar

Fund Manager of Union ELSS Tax Saver Fund Direct Growth, since 7 June 2021

Learn more about Union Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 908.2 Cr
₹ 927.4 Cr
₹ 904.1 Cr
  • AUM of the fund stands at 908.2 Cr as of Jul'25
  • AUM decreased by 19.2 Cr between Jul'25 and Jun'25

Compare Union ELSS Tax Saver Fund

Union ELSS Tax Saver Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for Union ELSS Tax Saver Fund Direct Growth

How do I invest in Union ELSS Tax Saver Fund?

INDmoney makes it simple to invest in the Union ELSS Tax Saver Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Union ELSS Tax Saver Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Union ELSS Tax Saver Fund?

The NAV of the fund today is ₹71.08. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Union ELSS Tax Saver Fund fund has generated a return of 1.86% in 1 year, 17.07% in 3 years, 21.31% in 5 years.

Who is the fund manager of Union ELSS Tax Saver Fund?

The fund managers are Vinod Malviya, Sanjay Bembalkar.

What is the expense ratio of the fund?

The expense ratio is 1.37%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹908 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Union ELSS Tax Saver Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(8.08%), ICICI Bank Ltd(6.06%), Reliance Industries Ltd(3.57%)