Previously Known As : Union Long Term Equity Fund
Union Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 24
BMSMONEY Rating
Gro. Opt. As On: 11-10-2024
NAV ₹65.86(R) +0.03% ₹71.03(D) +0.04%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 32.44% 15.38% 22.06% 16.28% 13.47%
LumpSum (D) 33.64% 16.39% 22.95% 17.04% 14.29%
SIP (R) 11.83% 22.37% 23.19% 20.39% 16.67%
SIP (D) 12.9% 23.46% 24.2% 21.25% 17.47%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.84 0.45 0.81 1.18% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.67% -12.6% -11.42% 0.87 8.16%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
JM ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Franklin India ELSS Tax Saver Fund 7

NAV Date: 11-10-2024

Scheme Name NAV Rupee Change Percent Change
Union ELSS Tax Saver Fund - IDCW Option 36.82
0.0100
0.0300%
Union ELSS Tax Saver Fund - Growth Option 65.86
0.0200
0.0300%
Union ELSS Tax Saver Fund - Direct Plan - IDCW Option 71.03
0.0300
0.0400%
Union ELSS Tax Saver Fund - Direct Plan - Growth Option 71.03
0.0300
0.0400%

Review Date: 11-10-2024

Union ELSS Tax Saver Fund has exhibited poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 24 out of 33 funds in the category. The fund has delivered return of 32.44% in 1 year, 15.38% in 3 years, 22.06% in 5 years and 13.47% in 10 years. The category average for the same periods is 38.39%, 16.85%, 21.7% and 15.3% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 11.67, VaR of -12.6, Average Drawdown of -4.4, Semi Deviation of 8.16 and Max Drawdown of -11.42. The category average for the same parameters is 12.67, -14.08, -5.23, 8.83 and -12.31 respectively. The fund has very low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Union ELSS Tax Saver Fund direct growth option would have grown to ₹13364.0 in 1 year, ₹15767.0 in 3 years and ₹28097.0 in 5 years as of today (11-10-2024).
  2. An SIP of ₹1,000 per month in Union ELSS Tax Saver Fund direct growth option would have grown to ₹12822.0 in 1 year, ₹50666.0 in 3 years and ₹109282.0 in 5 years as of today (11-10-2024).
  3. standard deviation of 11.67 and based on VaR one can expect to lose more than -12.6% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.84 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.93, Beta of 0.87 and Jensen's Alpha of 1.18% which exhibit good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.50
0.70
-1.80 | 4.66 19 | 40 Good
3M Return % 3.85
3.56
-2.12 | 13.08 20 | 40 Good
1Y Return % 32.44
38.39
22.59 | 67.76 32 | 40 Poor
3Y Return % 15.38
16.85
8.22 | 26.66 20 | 33 Average
5Y Return % 22.06
21.70
15.26 | 35.58 14 | 32 Good
7Y Return % 16.28
15.68
10.84 | 23.94 11 | 29 Good
10Y Return % 13.47
15.30
12.10 | 23.35 19 | 22 Poor
1Y SIP Return % 11.83
16.54
0.75 | 46.53 32 | 40 Poor
3Y SIP Return % 22.37
25.03
17.58 | 41.33 26 | 33 Average
5Y SIP Return % 23.19
23.98
17.13 | 33.81 17 | 32 Average
7Y SIP Return % 20.39
20.41
14.22 | 29.94 13 | 29 Good
10Y SIP Return % 16.67
17.36
12.85 | 25.34 13 | 22 Average
Standard Deviation 11.67
12.67
9.62 | 15.47 5 | 33 Very Good
Semi Deviation 8.16
8.83
6.83 | 10.96 5 | 33 Very Good
Max Drawdown % -11.42
-12.31
-22.56 | -6.28 15 | 33 Good
VaR 1 Y % -12.60
-14.08
-20.17 | -11.38 8 | 33 Very Good
Average Drawdown % -4.40
-5.23
-9.24 | -2.48 9 | 33 Very Good
Sharpe Ratio 0.84
0.88
0.19 | 1.48 17 | 33 Good
Sterling Ratio 0.81
0.86
0.31 | 1.53 17 | 33 Good
Sortino Ratio 0.45
0.47
0.12 | 0.85 17 | 33 Good
Jensen Alpha % 1.18
1.99
-8.39 | 9.14 16 | 33 Good
Treynor Ratio 0.11
0.12
0.03 | 0.20 16 | 33 Good
Modigliani Square Measure % 19.20
19.11
8.58 | 28.03 15 | 33 Good
Alpha % -1.16
0.59
-7.52 | 9.35 22 | 33 Average
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.58 0.78 -1.64 | 4.76 18 | 41
3M Return % 4.10 3.83 -1.84 | 13.42 20 | 41
1Y Return % 33.64 39.95 24.43 | 69.77 32 | 40
3Y Return % 16.39 18.17 9.08 | 28.21 23 | 33
5Y Return % 22.95 23.07 16.24 | 37.78 14 | 32
7Y Return % 17.04 16.91 11.86 | 25.63 13 | 29
10Y Return % 14.29 16.30 12.96 | 24.62 19 | 23
1Y SIP Return % 12.90 17.90 2.33 | 48.33 32 | 40
3Y SIP Return % 23.46 26.41 19.14 | 42.98 26 | 33
5Y SIP Return % 24.20 25.36 18.06 | 35.88 20 | 32
7Y SIP Return % 21.25 21.64 15.15 | 31.85 14 | 29
10Y SIP Return % 17.47 18.35 13.82 | 26.84 13 | 23
Standard Deviation 11.67 12.67 9.62 | 15.47 5 | 33
Semi Deviation 8.16 8.83 6.83 | 10.96 5 | 33
Max Drawdown % -11.42 -12.31 -22.56 | -6.28 15 | 33
VaR 1 Y % -12.60 -14.08 -20.17 | -11.38 8 | 33
Average Drawdown % -4.40 -5.23 -9.24 | -2.48 9 | 33
Sharpe Ratio 0.84 0.88 0.19 | 1.48 17 | 33
Sterling Ratio 0.81 0.86 0.31 | 1.53 17 | 33
Sortino Ratio 0.45 0.47 0.12 | 0.85 17 | 33
Jensen Alpha % 1.18 1.99 -8.39 | 9.14 16 | 33
Treynor Ratio 0.11 0.12 0.03 | 0.20 16 | 33
Modigliani Square Measure % 19.20 19.11 8.58 | 28.03 15 | 33
Alpha % -1.16 0.59 -7.52 | 9.35 22 | 33
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.03 ₹ 10,003.00 0.04 ₹ 10,004.00
1W 0.32 ₹ 10,032.00 0.34 ₹ 10,034.00
1M 0.50 ₹ 10,050.00 0.58 ₹ 10,058.00
3M 3.85 ₹ 10,385.00 4.10 ₹ 10,410.00
6M ₹ ₹
1Y 32.44 ₹ 13,244.00 33.64 ₹ 13,364.00
3Y 15.38 ₹ 15,359.00 16.39 ₹ 15,767.00
5Y 22.06 ₹ 27,092.00 22.95 ₹ 28,097.00
7Y 16.28 ₹ 28,747.00 17.04 ₹ 30,085.00
10Y 13.47 ₹ 35,371.00 14.29 ₹ 38,025.00
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 11.83 ₹ 12,755.66 12.90 ₹ 12,822.48
3Y ₹ 36000 22.37 ₹ 49,911.37 23.46 ₹ 50,666.08
5Y ₹ 60000 23.19 ₹ 106,662.60 24.20 ₹ 109,281.72
7Y ₹ 84000 20.39 ₹ 173,776.68 21.25 ₹ 179,175.95
10Y ₹ 120000 16.67 ₹ 287,916.96 17.47 ₹ 300,533.76
15Y ₹ 180000 ₹ ₹


Date Union Elss Tax Saver Fund NAV Regular Growth Union Elss Tax Saver Fund NAV Direct Growth
11-10-2024 65.86 71.03
10-10-2024 65.84 71.0
09-10-2024 66.05 71.23
08-10-2024 65.66 70.8
07-10-2024 64.6 69.66
04-10-2024 65.65 70.79
03-10-2024 66.27 71.46
01-10-2024 67.38 72.65
30-09-2024 67.08 72.33
27-09-2024 67.8 73.1
26-09-2024 67.83 73.12
25-09-2024 67.93 73.23
24-09-2024 68.05 73.35
23-09-2024 68.05 73.36
20-09-2024 67.56 72.82
19-09-2024 66.6 71.79
17-09-2024 66.94 72.14
16-09-2024 66.79 71.98
13-09-2024 66.81 72.01
12-09-2024 66.68 71.86
11-09-2024 65.53 70.62

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.