Previously Known As : Union Long Term Equity Fund
Union Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 23
Rating
Growth Option 05-12-2025
NAV ₹66.49(R) +0.3% ₹72.46(D) +0.3%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.64% 14.28% 17.47% 16.38% 13.18%
Direct 2.56% 15.3% 18.44% 17.2% 14.04%
Nifty 500 TRI 3.43% 15.37% 17.78% 16.09% 15.02%
SIP (XIRR) Regular 12.13% 13.32% 14.26% 16.7% 15.07%
Direct 13.16% 14.37% 15.28% 17.66% 15.92%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.69 0.33 0.53 0.64% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.25% -18.34% -17.47% 0.89 9.02%
Fund AUM As on: 30/06/2025 883 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Whiteoak Capital Elss Tax Saver Fund 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
DSP ELSS Tax Saver Fund 5
Mirae Asset ELSS Tax Saver Fund 6
ICICI Prudential ELSS Tax Saver Fund 7
JM ELSS Tax Saver Fund 8

NAV Date: 05-12-2025

Scheme Name NAV Rupee Change Percent Change
Union ELSS Tax Saver Fund - IDCW Option 37.17
0.1100
0.3000%
Union ELSS Tax Saver Fund - Growth Option 66.49
0.2000
0.3000%
Union ELSS Tax Saver Fund - Direct Plan - IDCW Option 72.46
0.2200
0.3000%
Union ELSS Tax Saver Fund - Direct Plan - Growth Option 72.46
0.2200
0.3000%

Review Date: 05-12-2025

Beginning of Analysis

In the ELSS (Tax Saving) Fund category, Union ELSS Tax Saver Fund is the 18th ranked fund. The category has total 35 funds. The Union ELSS Tax Saver Fund has shown an average past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 0.64% which is lower than the category average of 1.17%, showing poor performance. The fund has a Sharpe Ratio of 0.69 which is lower than the category average of 0.74.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Union ELSS Tax Saver Fund Return Analysis

The Union ELSS Tax Saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 0.75%, 2.59 and 5.09 in last one, three and six months respectively. In the same period the category average return was 1.1%, 3.4% and 3.8% respectively.
  • Union ELSS Tax Saver Fund has given a return of 2.56% in last one year. In the same period the Nifty 500 TRI return was 3.43%. The fund has given 0.87% less return than the benchmark return.
  • The fund has given a return of 15.3% in last three years and rank 27th out of 37 funds in the category. In the same period the Nifty 500 TRI return was 15.37%. The fund has given 0.07% less return than the benchmark return.
  • Union ELSS Tax Saver Fund has given a return of 18.44% in last five years and category average returns is 18.71% in same period. The fund ranked 19th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 17.78%. The fund has given 0.66% more return than the benchmark return.
  • The fund has given a return of 14.04% in last ten years and ranked 19th out of 25 funds in the category. In the same period the Nifty 500 TRI return was 15.02%. The fund has given 0.98% less return than the benchmark return.
  • The fund has given a SIP return of 13.16% in last one year whereas category average SIP return is 11.67%. The fund one year return rank in the category is 18th in 41 funds
  • The fund has SIP return of 14.37% in last three years and ranks 25th in 37 funds. Whiteoak Capital Elss Tax Saver Fund has given the highest SIP return (20.59%) in the category in last three years.
  • The fund has SIP return of 15.28% in last five years whereas category average SIP return is 16.05%.

Union ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 12.25 and semi deviation of 9.02. The category average standard deviation is 13.08 and semi deviation is 9.57.
  • The fund has a Value at Risk (VaR) of -18.34 and a maximum drawdown of -17.47. The category average VaR is -16.9 and the maximum drawdown is -17.36. The fund has a beta of 0.87 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.67 1.42
    1.00
    		-2.44 | 2.62 29 | 40 Average
    3M Return % 2.36 4.55
    3.07
    		-2.84 | 6.47 26 | 40 Average
    6M Return % 4.61 4.55
    3.20
    		-6.91 | 6.77 14 | 40 Good
    1Y Return % 1.64 3.43
    0.20
    		-15.25 | 7.41 16 | 40 Good
    3Y Return % 14.28 15.37
    15.67
    		9.67 | 22.27 25 | 37 Average
    5Y Return % 17.47 17.78
    17.38
    		11.38 | 23.40 17 | 33 Good
    7Y Return % 16.38 16.09
    15.58
    		10.88 | 22.99 11 | 30 Good
    10Y Return % 13.18 15.02
    14.27
    		11.41 | 20.24 17 | 24 Average
    1Y SIP Return % 12.13
    10.35
    		-2.93 | 17.12 17 | 40 Good
    3Y SIP Return % 13.32
    14.30
    		7.52 | 19.08 23 | 37 Average
    5Y SIP Return % 14.26
    14.76
    		9.31 | 20.45 19 | 33 Average
    7Y SIP Return % 16.70
    16.67
    		12.61 | 22.57 14 | 30 Good
    10Y SIP Return % 15.07
    15.33
    		11.59 | 20.93 13 | 24 Average
    Standard Deviation 12.25
    13.08
    		9.41 | 18.99 11 | 37 Good
    Semi Deviation 9.02
    9.57
    		6.81 | 14.83 11 | 37 Good
    Max Drawdown % -17.47
    -17.36
    		-25.67 | -9.56 20 | 37 Good
    VaR 1 Y % -18.34
    -16.90
    		-24.68 | -10.74 28 | 37 Average
    Average Drawdown % -7.08
    -7.11
    		-10.83 | -3.90 18 | 37 Good
    Sharpe Ratio 0.69
    0.74
    		0.27 | 1.22 23 | 37 Average
    Sterling Ratio 0.53
    0.59
    		0.30 | 0.88 24 | 37 Average
    Sortino Ratio 0.33
    0.37
    		0.13 | 0.65 22 | 37 Average
    Jensen Alpha % 0.64
    1.17
    		-6.06 | 7.11 22 | 37 Average
    Treynor Ratio 0.09
    0.10
    		0.04 | 0.16 24 | 37 Average
    Modigliani Square Measure % 15.50
    16.05
    		8.64 | 23.27 21 | 37 Average
    Alpha % -1.23
    0.48
    		-5.26 | 8.75 24 | 37 Average
    Return data last Updated On : Dec. 5, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.75 1.42 1.10 -2.35 | 2.68 30 | 41 Average
    3M Return % 2.59 4.55 3.40 -2.51 | 6.83 27 | 41 Average
    6M Return % 5.09 4.55 3.80 -6.31 | 7.39 15 | 41 Good
    1Y Return % 2.56 3.43 1.39 -14.10 | 8.08 18 | 41 Good
    3Y Return % 15.30 15.37 16.93 11.50 | 23.09 27 | 37 Average
    5Y Return % 18.44 17.78 18.71 12.69 | 25.20 19 | 33 Average
    7Y Return % 17.20 16.09 16.83 11.83 | 24.79 12 | 30 Good
    10Y Return % 14.04 15.02 15.33 12.36 | 21.55 19 | 25 Average
    1Y SIP Return % 13.16 11.67 -1.64 | 18.24 18 | 41 Good
    3Y SIP Return % 14.37 15.58 9.33 | 20.59 25 | 37 Average
    5Y SIP Return % 15.28 16.05 11.19 | 21.25 20 | 33 Average
    7Y SIP Return % 17.66 17.94 13.50 | 24.41 18 | 30 Average
    10Y SIP Return % 15.92 16.38 12.52 | 22.51 15 | 25 Average
    Standard Deviation 12.25 13.08 9.41 | 18.99 11 | 37 Good
    Semi Deviation 9.02 9.57 6.81 | 14.83 11 | 37 Good
    Max Drawdown % -17.47 -17.36 -25.67 | -9.56 20 | 37 Good
    VaR 1 Y % -18.34 -16.90 -24.68 | -10.74 28 | 37 Average
    Average Drawdown % -7.08 -7.11 -10.83 | -3.90 18 | 37 Good
    Sharpe Ratio 0.69 0.74 0.27 | 1.22 23 | 37 Average
    Sterling Ratio 0.53 0.59 0.30 | 0.88 24 | 37 Average
    Sortino Ratio 0.33 0.37 0.13 | 0.65 22 | 37 Average
    Jensen Alpha % 0.64 1.17 -6.06 | 7.11 22 | 37 Average
    Treynor Ratio 0.09 0.10 0.04 | 0.16 24 | 37 Average
    Modigliani Square Measure % 15.50 16.05 8.64 | 23.27 21 | 37 Average
    Alpha % -1.23 0.48 -5.26 | 8.75 24 | 37 Average
    Return data last Updated On : Dec. 5, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Union Elss Tax Saver Fund NAV Regular Growth Union Elss Tax Saver Fund NAV Direct Growth
    05-12-2025 66.49 72.46
    04-12-2025 66.29 72.24
    03-12-2025 66.39 72.34
    02-12-2025 66.76 72.74
    01-12-2025 67.06 73.07
    28-11-2025 67.0 73.0
    27-11-2025 67.0 73.0
    26-11-2025 67.12 73.13
    25-11-2025 66.29 72.22
    24-11-2025 66.39 72.33
    21-11-2025 66.43 72.37
    20-11-2025 67.01 73.0
    19-11-2025 66.94 72.92
    18-11-2025 66.48 72.41
    17-11-2025 66.91 72.89
    14-11-2025 66.78 72.74
    13-11-2025 66.91 72.87
    12-11-2025 67.14 73.13
    11-11-2025 66.84 72.79
    10-11-2025 66.62 72.55
    07-11-2025 66.15 72.04
    06-11-2025 66.05 71.92

    Fund Launch Date: 08/Nov/2011
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: To generate income and long-term capitalappreciation by investing substantially in aportfolio consisting of equity and equityrelated securities. However, there can beno assurance that the investment objectiveof the scheme will be achieved.
    Fund Description: An open ended equity linked saving schemewith a statutory lock in of 3 years and tax benefit
    Fund Benchmark: S&P BSE 500 Index (Total Return Index)
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.