Previously Known As : Union Long Term Equity Fund
Union Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 23
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹61.89(R) +0.41% ₹66.81(D) +0.41%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 21.76% 12.87% 19.47% 14.92% 11.88%
LumpSum (D) 22.86% 13.86% 20.36% 15.67% 12.7%
SIP (R) -5.43% 17.4% 20.19% 18.42% 15.37%
SIP (D) -4.51% 18.47% 21.2% 19.29% 16.18%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.56 0.29 0.63 0.86% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.38% -13.65% -12.41% 0.87 8.7%
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
Hsbc Tax Saver Equity Fund 4
JM ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Quantum ELSS Tax Saver Fund 7

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Union ELSS Tax Saver Fund - IDCW Option 34.6
0.1400
0.4100%
Union ELSS Tax Saver Fund - Growth Option 61.89
0.2500
0.4100%
Union ELSS Tax Saver Fund - Direct Plan - IDCW Option 66.81
0.2700
0.4100%
Union ELSS Tax Saver Fund - Direct Plan - Growth Option 66.81
0.2700
0.4100%

Review Date: 19-11-2024

Union ELSS Tax Saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 23 out of 33 funds in the category. The fund has delivered return of 21.76% in 1 year, 12.87% in 3 years, 19.47% in 5 years and 11.88% in 10 years. The category average for the same periods is 27.66%, 14.46%, 18.84% and 13.74% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 12.38, VaR of -13.65, Average Drawdown of -5.59, Semi Deviation of 8.7 and Max Drawdown of -12.41. The category average for the same parameters is 13.45, -16.4, -5.62, 9.47 and -13.17 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 ₹12286.0 in 1 year, ₹14761.0 in 3 years and ₹25259.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Union ELSS Tax Saver Fund direct growth option would have grown to ₹11704.0 in 1 year, ₹47274.0 in 3 years and ₹101689.0 in 5 years as of today (19-11-2024).
  3. standard deviation of 12.38 and based on VaR one can expect to lose more than -13.65% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.56 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.94, Beta of 0.87 and Jensen's Alpha of 0.86% which exhibit average performance in the elss (tax saving) fund category .


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.16
-4.88
-8.18 | -2.86 29 | 40 Average
3M Return % -3.08
-3.46
-10.24 | 2.63 19 | 40 Good
6M Return % 5.31
5.95
-6.08 | 14.48 24 | 40 Average
1Y Return % 21.76
27.66
11.63 | 49.45 30 | 40 Average
3Y Return % 12.87
14.46
5.98 | 23.19 20 | 33 Average
5Y Return % 19.47
18.84
12.21 | 30.15 14 | 33 Good
7Y Return % 14.92
14.05
9.10 | 21.48 10 | 29 Good
10Y Return % 11.88
13.74
10.38 | 21.07 20 | 23 Poor
1Y SIP Return % -5.43
-2.48
-13.94 | 17.22 29 | 40 Average
3Y SIP Return % 17.40
19.89
13.77 | 34.40 24 | 33 Average
5Y SIP Return % 20.19
21.03
14.00 | 29.34 20 | 33 Average
7Y SIP Return % 18.42
18.49
12.11 | 26.54 14 | 29 Good
10Y SIP Return % 15.37
16.03
11.38 | 23.12 14 | 23 Average
Standard Deviation 12.38
13.45
10.30 | 16.37 4 | 33 Very Good
Semi Deviation 8.70
9.47
7.45 | 11.71 2 | 33 Very Good
Max Drawdown % -12.41
-13.17
-23.33 | -6.86 13 | 33 Good
VaR 1 Y % -13.65
-16.40
-22.63 | -13.07 2 | 33 Very Good
Average Drawdown % -5.59
-5.62
-8.50 | -2.91 13 | 33 Good
Sharpe Ratio 0.56
0.61
0.02 | 1.15 19 | 33 Average
Sterling Ratio 0.63
0.69
0.22 | 1.27 18 | 33 Good
Sortino Ratio 0.29
0.32
0.04 | 0.64 18 | 33 Good
Jensen Alpha % 0.86
3.28
-7.21 | 15.06 20 | 33 Average
Treynor Ratio 0.08
0.27
0.00 | 2.98 21 | 33 Average
Modigliani Square Measure % 15.74
17.82
6.35 | 41.13 18 | 33 Good
Alpha % -1.09
-1.22
-29.01 | 9.12 20 | 33 Average
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.09 -4.81 -8.10 | -2.73 29 | 41
3M Return % -2.86 -3.23 -10.00 | 2.85 19 | 41
6M Return % 5.80 6.49 -5.60 | 15.16 26 | 41
1Y Return % 22.86 29.05 13.20 | 51.25 32 | 41
3Y Return % 13.86 15.75 6.82 | 24.69 24 | 33
5Y Return % 20.36 20.20 13.16 | 32.24 15 | 33
7Y Return % 15.67 15.27 10.06 | 23.16 12 | 29
10Y Return % 12.70 14.76 11.23 | 22.33 21 | 24
1Y SIP Return % -4.51 -1.39 -12.99 | 18.72 30 | 41
3Y SIP Return % 18.47 21.24 14.44 | 36.02 23 | 33
5Y SIP Return % 21.20 22.43 14.92 | 30.91 21 | 33
7Y SIP Return % 19.29 19.72 13.04 | 28.43 15 | 29
10Y SIP Return % 16.18 17.06 12.35 | 24.62 14 | 24
Standard Deviation 12.38 13.45 10.30 | 16.37 4 | 33
Semi Deviation 8.70 9.47 7.45 | 11.71 2 | 33
Max Drawdown % -12.41 -13.17 -23.33 | -6.86 13 | 33
VaR 1 Y % -13.65 -16.40 -22.63 | -13.07 2 | 33
Average Drawdown % -5.59 -5.62 -8.50 | -2.91 13 | 33
Sharpe Ratio 0.56 0.61 0.02 | 1.15 19 | 33
Sterling Ratio 0.63 0.69 0.22 | 1.27 18 | 33
Sortino Ratio 0.29 0.32 0.04 | 0.64 18 | 33
Jensen Alpha % 0.86 3.28 -7.21 | 15.06 20 | 33
Treynor Ratio 0.08 0.27 0.00 | 2.98 21 | 33
Modigliani Square Measure % 15.74 17.82 6.35 | 41.13 18 | 33
Alpha % -1.09 -1.22 -29.01 | 9.12 20 | 33
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.41 ₹ 10,041.00 0.41 ₹ 10,041.00
1W -1.35 ₹ 9,865.00 -1.33 ₹ 9,867.00
1M -5.16 ₹ 9,484.00 -5.09 ₹ 9,491.00
3M -3.08 ₹ 9,692.00 -2.86 ₹ 9,714.00
6M 5.31 ₹ 10,531.00 5.80 ₹ 10,580.00
1Y 21.76 ₹ 12,176.00 22.86 ₹ 12,286.00
3Y 12.87 ₹ 14,380.00 13.86 ₹ 14,761.00
5Y 19.47 ₹ 24,337.00 20.36 ₹ 25,259.00
7Y 14.92 ₹ 26,471.00 15.67 ₹ 27,710.00
10Y 11.88 ₹ 30,715.00 12.70 ₹ 33,042.00
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 -5.43 ₹ 11,643.19 -4.51 ₹ 11,704.19
3Y ₹ 36000 17.40 ₹ 46,562.65 18.47 ₹ 47,274.08
5Y ₹ 60000 20.19 ₹ 99,216.96 21.20 ₹ 101,688.72
7Y ₹ 84000 18.42 ₹ 162,048.10 19.29 ₹ 167,152.78
10Y ₹ 120000 15.37 ₹ 268,565.28 16.18 ₹ 280,460.76
15Y ₹ 180000 ₹ ₹


Date Union Elss Tax Saver Fund NAV Regular Growth Union Elss Tax Saver Fund NAV Direct Growth
19-11-2024 61.89 66.81
18-11-2024 61.64 66.54
14-11-2024 61.81 66.72
13-11-2024 61.51 66.4
12-11-2024 62.74 67.71
11-11-2024 63.52 68.56
08-11-2024 63.7 68.75
07-11-2024 64.22 69.3
06-11-2024 64.79 69.92
05-11-2024 63.63 68.66
04-11-2024 63.28 68.28
31-10-2024 63.7 68.73
30-10-2024 63.93 68.98
29-10-2024 64.0 69.06
28-10-2024 63.56 68.58
25-10-2024 63.23 68.22
24-10-2024 63.89 68.92
23-10-2024 64.15 69.2
22-10-2024 64.0 69.04
21-10-2024 65.26 70.39

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.