Previously Known As : Union Tax Saver Scheme
Union Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 16
BMSMONEY Rating
Growth Option As On: 23-04-2024
NAV ₹57.6 (R) +0.24% ₹61.85 (D) +0.24%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 37.7% 20.66% 18.69% 14.84% 14.2%
LumpSum Dir. P 38.93% 21.65% 19.49% 15.59% 14.98%
SIP Reg. P 32.58% 18.49% 21.49% 18.45% 15.2%
SIP Dir. P 33.76% 19.5% 22.43% 19.26% 15.97%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.9 0.48 0.89 2.82% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.96% -12.6% -11.42% 0.86 8.43%

NAV Date: 23-04-2024

Scheme Name NAV Rupee Change Percent Change
Union Long Term Equity Fund - IDCW Option 32.2
0.0800
0.2500%
Union Long Term Equity Fund - Growth Option 57.6
0.1400
0.2400%
Union Long Term Equity Fund - Direct Plan - IDCW Option 61.85
0.1500
0.2400%
Union Long Term Equity Fund - Direct Plan - Growth Option 61.85
0.1500
0.2400%

Review Date: March 28, 2024

Performance of the Union Long Term Equity Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has one return parameter in first quartile; whereas two risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance Union Long Term Equity Fund has achieved 16th (out of 35 funds), which is average rank in the ELSS (Tax Saving) Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The ELSS (Tax Saving) Fund category has 35 funds.
Our ranking methodology employs a composite performance score, taking into account the fund's return, risk, and risk-adjusted performance from the past three years. This composite performance score is then crucial in ranking the funds within the respective category.

The Union Long Term Equity Fund has below average return performance, as more than 25% 1 year and above return parameters are below average in ELSS (Tax Saving) Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Union Long Term Equity Fund has given return of 0.05% in last one month which is good as it is above average in ELSS (Tax Saving) Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Union Long Term Equity Fund has given return of 4.32% in last three month which is poor as it is in the below average in ELSS (Tax Saving) Fund.
  3. 1 Year Return%: The Union Long Term Equity Fund has given return of 39.9% in last one year which is poor as it is in the below average in ELSS (Tax Saving) Fund. The one year return rank of Union Long Term Equity Fund is 20 in 35 funds. The investment of ₹ 10,000 in this fund would have become ₹ 13990.0 in one year.
  4. 3 Year Return%: The Union Long Term Equity Fund has given return of 19.19% in last three year which is good as it is above average with return rank of 13 in 33 funds. in ELSS (Tax Saving) Fund.
  5. 5 Year Return%: The Union Long Term Equity Fund has given return of 18.49% in last five year which is very good as it is in the top quartile with return rank of 7 in 31 funds. in ELSS (Tax Saving) Fund.
  6. 1 Year SIP Return%: The Union Long Term Equity Fund has given return of 15.31% in last one year which is poor as it is in the below average with return rank of 23 in 35 funds. in ELSS (Tax Saving) Fund.
  7. 3 Year SIP Return%: The Union Long Term Equity Fund has given return of 18.41% in last three year which is poor as it is in the below average with return rank of 17 in 33 funds. in ELSS (Tax Saving) Fund.
  8. 5 Year SIP Return%: The Union Long Term Equity Fund has given return of 21.22% in last five year which is good as it is above average with return rank of 12 in 31 funds. in ELSS (Tax Saving) Fund.
  9. '
'

The Union Long Term Equity Fund has above average risk performance, as more than 25% risk parameters are in the top quartile in ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Union Long Term Equity Fund has standard deviation of 11.96 which is very good as it is in the top quartile with risk rank of 8 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Union Long Term Equity Fund has semi deviation of 8.43 which is good as it is above average with risk rank of 12 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Union Long Term Equity Fund has max drawdown of -11.42% which is good as it is above average with risk rank of 15 in 33 funds. in ELSS (Tax Saving) Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Union Long Term Equity Fund has 1Y VaR at 95% of -12.6% which is very good as it is in the top quartile with risk rank of 8 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Union Long Term Equity Fund has average drawdown of -4.43% which is good as it is above average with risk rank of 14 in 33 funds. in ELSS (Tax Saving) Fund.
  6. '
'

The Union Long Term Equity Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Union Long Term Equity Fund has Sterling Ratio of 0.89 which is good as it is above average with risk rank of 12 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Union Long Term Equity Fund has Sortino Ratio of 0.48 which is good as it is above average with risk rank of 11 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Union Long Term Equity Fund has Jensen Alpha of 2.82% which is good as it is above average with risk rank of 13 in 33 funds. in ELSS (Tax Saving) Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Union Long Term Equity Fund has Treynor Ratio of 0.13 which is good as it is above average with risk rank of 11 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Union Long Term Equity Fund has Modigliani Square Measure of 21.07% which is good as it is above average with risk rank of 11 in 33 funds. in ELSS (Tax Saving) Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Union Long Term Equity Fund has Alpha of 0.32% which is poor as it is in the below average with risk rank of 15 in 33 funds. in ELSS (Tax Saving) Fund.
  7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.66
3.51
1.31 | 7.58 25 | 35
No
No
No
3M Return % 5.79
6.91
1.67 | 13.93 21 | 35
No
No
No
6M Return % 19.38
22.63
13.08 | 39.07 25 | 35
No
No
No
1Y Return % 37.70
40.10
24.62 | 60.56 19 | 35
No
No
No
3Y Return % 20.66
20.05
11.47 | 30.41 13 | 33
Yes
No
No
5Y Return % 18.69
17.30
10.39 | 31.55 10 | 31
Yes
No
No
7Y Return % 14.84
14.46
10.18 | 24.09 11 | 29
Yes
No
No
10Y Return % 14.20
16.30
14.11 | 25.20 21 | 22
No
No
Yes
1Y SIP Return % 32.58
37.98
21.56 | 65.14 24 | 35
No
No
No
3Y SIP Return % 18.49
19.75
13.30 | 31.17 17 | 33
No
No
No
5Y SIP Return % 21.49
21.21
13.51 | 36.14 12 | 31
Yes
No
No
7Y SIP Return % 18.45
17.89
11.40 | 30.04 12 | 29
Yes
No
No
10Y SIP Return % 15.20
15.77
11.23 | 25.56 11 | 22
No
No
No
Standard Deviation 11.96
12.71
10.06 | 16.60 8 | 33
Yes
Yes
No
Semi Deviation 8.43
8.87
7.11 | 11.74 12 | 33
Yes
No
No
Max Drawdown % -11.42
-12.33
-22.81 | -6.28 15 | 33
Yes
No
No
VaR 1 Y % -12.60
-14.08
-20.17 | -11.38 8 | 33
Yes
Yes
No
Average Drawdown % -4.43
-4.86
-9.27 | -2.58 14 | 33
Yes
No
No
Sharpe Ratio 0.90
0.80
0.17 | 1.40 11 | 33
Yes
No
No
Sterling Ratio 0.89
0.85
0.35 | 1.55 12 | 33
Yes
No
No
Sortino Ratio 0.48
0.43
0.10 | 0.81 11 | 33
Yes
No
No
Jensen Alpha % 2.82
2.35
-7.38 | 15.75 13 | 33
Yes
No
No
Treynor Ratio 0.13
0.12
0.02 | 0.24 11 | 33
Yes
No
No
Modigliani Square Measure % 21.07
19.23
9.76 | 28.13 11 | 33
Yes
No
No
Alpha % 0.32
0.39
-8.49 | 13.92 15 | 33
No
No
No
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.72 3.60 1.37 | 7.68 25 | 35
No
No
No
3M Return % 6.02 7.19 2.14 | 14.27 21 | 35
No
No
No
6M Return % 19.89 23.29 14.21 | 39.76 26 | 35
No
No
No
1Y Return % 38.93 41.61 26.46 | 62.31 19 | 35
No
No
No
3Y Return % 21.65 21.41 12.37 | 32.45 14 | 33
Yes
No
No
5Y Return % 19.49 18.62 11.36 | 33.72 11 | 31
Yes
No
No
7Y Return % 15.59 15.68 11.22 | 25.69 13 | 29
No
No
No
10Y Return % 14.98 17.28 14.23 | 26.46 21 | 23
No
No
Yes
1Y SIP Return % 33.76 39.48 23.37 | 66.84 25 | 35
No
No
No
3Y SIP Return % 19.50 21.06 14.16 | 32.02 19 | 33
No
No
No
5Y SIP Return % 22.43 22.55 14.44 | 38.35 14 | 31
No
No
No
7Y SIP Return % 19.26 19.10 12.34 | 31.93 13 | 29
Yes
No
No
10Y SIP Return % 15.97 16.75 12.22 | 27.02 12 | 23
No
No
No
Standard Deviation 11.96 12.71 10.06 | 16.60 8 | 33
Yes
Yes
No
Semi Deviation 8.43 8.87 7.11 | 11.74 12 | 33
Yes
No
No
Max Drawdown % -11.42 -12.33 -22.81 | -6.28 15 | 33
Yes
No
No
VaR 1 Y % -12.60 -14.08 -20.17 | -11.38 8 | 33
Yes
Yes
No
Average Drawdown % -4.43 -4.86 -9.27 | -2.58 14 | 33
Yes
No
No
Sharpe Ratio 0.90 0.80 0.17 | 1.40 11 | 33
Yes
No
No
Sterling Ratio 0.89 0.85 0.35 | 1.55 12 | 33
Yes
No
No
Sortino Ratio 0.48 0.43 0.10 | 0.81 11 | 33
Yes
No
No
Jensen Alpha % 2.82 2.35 -7.38 | 15.75 13 | 33
Yes
No
No
Treynor Ratio 0.13 0.12 0.02 | 0.24 11 | 33
Yes
No
No
Modigliani Square Measure % 21.07 19.23 9.76 | 28.13 11 | 33
Yes
No
No
Alpha % 0.32 0.39 -8.49 | 13.92 15 | 33
No
No
No
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.24 ₹ 10024.0 0.24 ₹ 10024.0
1W 1.43 ₹ 10143.0 1.44 ₹ 10144.0
1M 2.66 ₹ 10266.0 2.72 ₹ 10272.0
3M 5.79 ₹ 10579.0 6.02 ₹ 10602.0
6M 19.38 ₹ 11938.0 19.89 ₹ 11989.0
1Y 37.7 ₹ 13770.0 38.93 ₹ 13893.0
3Y 20.66 ₹ 17566.0 21.65 ₹ 18001.0
5Y 18.69 ₹ 23558.0 19.49 ₹ 24360.0
7Y 14.84 ₹ 26337.0 15.59 ₹ 27575.0
10Y 14.2 ₹ 37721.0 14.98 ₹ 40398.0
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 32.5831 ₹ 14023.44 33.7596 ₹ 14093.568
3Y ₹ 36000 18.4918 ₹ 47270.196 19.4958 ₹ 47941.632
5Y ₹ 60000 21.4891 ₹ 102353.76 22.4253 ₹ 104697.9
7Y ₹ 84000 18.4535 ₹ 162183.42 19.2575 ₹ 166893.804
10Y ₹ 120000 15.1998 ₹ 265970.64 15.9674 ₹ 277173.12
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
23-04-2024 57.6 61.85
22-04-2024 57.46 61.7
19-04-2024 56.9 61.09
18-04-2024 56.79 60.97
16-04-2024 56.92 61.1
15-04-2024 57.06 61.25
12-04-2024 57.8 62.04
09-04-2024 58.14 62.4
08-04-2024 58.19 62.46
05-04-2024 57.81 62.04
04-04-2024 57.66 61.88
03-04-2024 57.44 61.64
02-04-2024 57.31 61.5
01-04-2024 57.13 61.31
28-03-2024 56.73 60.88
27-03-2024 56.33 60.44
26-03-2024 56.11 60.21
22-03-2024 56.07 60.16
21-03-2024 55.81 59.88
20-03-2024 55.05 59.06
19-03-2024 54.98 58.98
18-03-2024 55.48 59.52
15-03-2024 55.32 59.34
14-03-2024 55.57 59.61
13-03-2024 55.07 59.07
12-03-2024 56.55 60.66
11-03-2024 56.88 61.01
07-03-2024 57.38 61.54
06-03-2024 57.21 61.37
05-03-2024 57.25 61.4
04-03-2024 57.32 61.48
01-03-2024 56.91 61.03
29-02-2024 56.13 60.19
28-02-2024 55.99 60.04
27-02-2024 56.7 60.8
26-02-2024 56.74 60.85
23-02-2024 56.89 61.0
22-02-2024 56.68 60.78
21-02-2024 56.2 60.26
20-02-2024 56.51 60.59
19-02-2024 56.48 60.56
16-02-2024 56.38 60.45
15-02-2024 56.13 60.17
14-02-2024 55.87 59.89
13-02-2024 55.52 59.52
12-02-2024 55.22 59.2
09-02-2024 55.87 59.88
08-02-2024 56.05 60.08
07-02-2024 56.18 60.22
06-02-2024 55.96 59.98
05-02-2024 55.55 59.54
02-02-2024 55.54 59.52
01-02-2024 55.07 59.02
31-01-2024 55.28 59.24
30-01-2024 54.77 58.69
29-01-2024 55.24 59.2
25-01-2024 54.41 58.3
24-01-2024 54.45 58.34
23-01-2024 53.96 57.81
19-01-2024 54.99 58.92
18-01-2024 54.35 58.23
17-01-2024 54.53 58.42
16-01-2024 55.39 59.34
15-01-2024 55.73 59.7
12-01-2024 55.47 59.42
11-01-2024 54.96 58.87
10-01-2024 54.77 58.67
09-01-2024 54.66 58.55
08-01-2024 54.49 58.36
05-01-2024 54.87 58.77
04-01-2024 54.7 58.59
03-01-2024 54.16 58.01
02-01-2024 54.2 58.04
01-01-2024 54.43 58.29
29-12-2023 54.38 58.23
28-12-2023 54.28 58.13
27-12-2023 54.14 57.97
26-12-2023 53.8 57.61
22-12-2023 53.63 57.42
21-12-2023 53.4 57.17
20-12-2023 53.02 56.76
19-12-2023 54.05 57.86
18-12-2023 54.09 57.91
15-12-2023 54.12 57.94
14-12-2023 53.87 57.67
13-12-2023 53.3 57.05
12-12-2023 53.02 56.75
11-12-2023 53.31 57.06
08-12-2023 53.03 56.75
07-12-2023 53.05 56.78
06-12-2023 53.12 56.85
05-12-2023 53.06 56.79
04-12-2023 52.89 56.61
01-12-2023 52.07 55.72
30-11-2023 51.68 55.3
29-11-2023 51.31 54.91
28-11-2023 50.93 54.49
24-11-2023 50.83 54.38
23-11-2023 50.87 54.43
22-11-2023 50.87 54.43
21-11-2023 50.93 54.49
20-11-2023 50.83 54.38
17-11-2023 50.95 54.51
16-11-2023 50.88 54.43
15-11-2023 50.57 54.09
13-11-2023 49.89 53.37
10-11-2023 49.72 53.18
09-11-2023 49.58 53.03
08-11-2023 49.59 53.04
07-11-2023 49.44 52.88
06-11-2023 49.19 52.6
03-11-2023 48.73 52.11
02-11-2023 48.45 51.81
01-11-2023 48.06 51.39
31-10-2023 48.29 51.63
30-10-2023 48.36 51.71
27-10-2023 48.16 51.49
26-10-2023 47.44 50.72
25-10-2023 47.87 51.17
23-10-2023 48.25 51.59
20-10-2023 49.26 52.66
19-10-2023 49.53 52.94
18-10-2023 49.55 52.96
17-10-2023 49.94 53.38
16-10-2023 49.76 53.18
13-10-2023 49.8 53.23
12-10-2023 49.79 53.21
11-10-2023 49.73 53.15
10-10-2023 49.46 52.86
09-10-2023 49.01 52.37
06-10-2023 49.42 52.81
05-10-2023 49.23 52.6
04-10-2023 49.03 52.39
03-10-2023 49.44 52.82
29-09-2023 49.41 52.79
27-09-2023 49.37 52.74
26-09-2023 49.16 52.52
25-09-2023 49.1 52.46
22-09-2023 49.02 52.37
21-09-2023 49.23 52.58
20-09-2023 49.61 52.99
18-09-2023 49.97 53.38
15-09-2023 50.23 53.65
14-09-2023 50.09 53.5
13-09-2023 49.82 53.2
12-09-2023 49.75 53.13
11-09-2023 50.31 53.72
08-09-2023 49.94 53.33
07-09-2023 49.7 53.07
06-09-2023 49.41 52.76
05-09-2023 49.32 52.66
04-09-2023 49.1 52.43
01-09-2023 48.91 52.22
31-08-2023 48.64 51.93
30-08-2023 48.59 51.88
29-08-2023 48.49 51.77
28-08-2023 48.44 51.71
25-08-2023 48.3 51.56
24-08-2023 48.45 51.72
23-08-2023 48.48 51.75
22-08-2023 48.26 51.51
21-08-2023 48.12 51.37
18-08-2023 47.85 51.07
17-08-2023 47.93 51.15
16-08-2023 48.01 51.24
14-08-2023 47.92 51.14
11-08-2023 48.0 51.22
10-08-2023 48.09 51.31
09-08-2023 48.26 51.5
08-08-2023 48.2 51.43
07-08-2023 48.22 51.45
04-08-2023 48.06 51.27
03-08-2023 47.78 50.98
02-08-2023 47.93 51.14
01-08-2023 48.35 51.58
31-07-2023 48.33 51.56
28-07-2023 48.15 51.37
27-07-2023 48.14 51.35
26-07-2023 48.38 51.61
25-07-2023 48.12 51.33
24-07-2023 48.03 51.23
21-07-2023 47.98 51.17
20-07-2023 48.31 51.52
19-07-2023 48.09 51.28
18-07-2023 47.83 51.01
17-07-2023 47.86 51.05
14-07-2023 47.62 50.78
13-07-2023 47.24 50.38
12-07-2023 47.23 50.36
11-07-2023 47.03 50.15
10-07-2023 46.81 49.91
07-07-2023 46.87 49.97
06-07-2023 47.1 50.22
05-07-2023 46.8 49.89
04-07-2023 46.69 49.78
03-07-2023 46.64 49.72
30-06-2023 46.51 49.58
28-06-2023 46.16 49.2
27-06-2023 45.86 48.89
26-06-2023 45.6 48.6
23-06-2023 45.43 48.42
22-06-2023 45.73 48.74
21-06-2023 46.01 49.04
20-06-2023 45.99 49.01
19-06-2023 45.89 48.91
16-06-2023 45.89 48.9
15-06-2023 45.6 48.59
14-06-2023 45.73 48.73
13-06-2023 45.56 48.54
12-06-2023 45.13 48.09
09-06-2023 45.03 47.98
08-06-2023 45.07 48.02
07-06-2023 45.34 48.3
06-06-2023 44.92 47.86
05-06-2023 44.83 47.76
02-06-2023 44.65 47.56
01-06-2023 44.49 47.4
31-05-2023 44.56 47.46
30-05-2023 44.49 47.39
29-05-2023 44.39 47.28
26-05-2023 44.22 47.1
25-05-2023 43.86 46.71
24-05-2023 43.74 46.58
23-05-2023 43.84 46.69
22-05-2023 43.86 46.71
19-05-2023 43.7 46.54
18-05-2023 43.51 46.33
17-05-2023 43.51 46.33
16-05-2023 43.64 46.47
15-05-2023 43.69 46.52
12-05-2023 43.56 46.38
11-05-2023 43.51 46.32
10-05-2023 43.43 46.24
09-05-2023 43.29 46.09
08-05-2023 43.24 46.04
05-05-2023 42.83 45.6
04-05-2023 43.02 45.8
03-05-2023 42.67 45.42
02-05-2023 42.68 45.44
28-04-2023 42.55 45.29
27-04-2023 42.14 44.85
26-04-2023 41.87 44.56
25-04-2023 41.83 44.52
24-04-2023 41.8 44.49

Fund Launch Date: 08/Nov/2011
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: 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.
Fund Description: An open ended equity linked saving scheme with 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.