Union ELSS Tax Saver Fund Direct-Growth

Q: What are the returns of Union ELSS Tax Saver Fund?

The Union ELSS Tax Saver Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 14.3% since inception. Union ELSS Tax Saver Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.35% 18.82% 22.5% 12.72% 14.3%

Previously called: Union Tax Saver (ELSS) Direct-G

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹70.97+0.3% 1 day change	14.3% p.a.	#NA View Ranked Funds	₹904 Cr

Historical NAV & returns

NAV: ₹70.97 as on Jul 21, 2025

This fund Category average

Union ELSS Tax Saver Fund overview

Expense ratio	1.37% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹904 Cr
Lock-in Period	3 Years
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	BSE 500 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Union ELSS Tax Saver Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	0.72%	-0.16%
3 Months	7.55%	6.22%
6 Months	10.7%	9.28%
1 Year	4.35%	3.96%
2 Years	17.7%	20.25%
3 Years	18.82%	20.59%
4 Years	15.51%	16.46%
5 Years	22.5%	23.6%
7 Years	16.18%	16.28%
10 Years	12.72%	14.45%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 62.32%

Mid Cap 20.2%

Small Cap 14.76%

Other Cap 0%

Top holdings

HDFC Bank Ltd.7.82%

ICICI Bank Ltd.5.94%

Reliance Industries Ltd.3.66%

Infosys Ltd.3.4%

Top sectors

Financial 30.500000000000007%

Capital Goods 10.810000000000002%

Automobile 6.9799999999999995%

Technology 6.84%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.08%

Allocation by Instruments

Repo 2.38%

Net Receivables 0.27%

Treasury Bills 0.07%

Other Holdings

Others 2.38%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union ELSS Tax Saver Fund	N.A.	904 Cr	12 yrs 6 m	1.37%
Parag Parikh ELSS Tax Saver Fund	N.A.	5,294 Cr	6 yrs	0.62%
HDFC ELSS Tax Saver Fund	N.A.	16,454 Cr	12 yrs 6 m	1.05%
SBI Long Term Equity Fund	N.A.	28,506 Cr	12 yrs 6 m	0.93%
DSP ELSS Tax Saver Fund	N.A.	16,974 Cr	12 yrs 6 m	0.74%
Kotak ELSS Tax Saver Fund	N.A.	6,266 Cr	12 yrs 6 m	0.63%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union ELSS Tax Saver Fund	0.72%	10.7%	4.35%	18.82%	22.5%	12.72%
Parag Parikh ELSS Tax Saver Fund	-0.57%	8.74%	8.89%	22.23%	25.31%	13.16%
HDFC ELSS Tax Saver Fund	-0.92%	10.74%	6.09%	24.7%	26.21%	14.06%
SBI Long Term Equity Fund	0.25%	8.63%	4.54%	27.55%	27.55%	14.89%
DSP ELSS Tax Saver Fund	-0.31%	9.63%	4.58%	22.81%	25.42%	16.52%
Kotak ELSS Tax Saver Fund	-0.05%	8.38%	0.99%	20.14%	23.49%	15.16%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union ELSS Tax Saver Fund	13.06	0.9	1.08	1.51
Parag Parikh ELSS Tax Saver Fund	9.79	0.64	1.64	2.46
HDFC ELSS Tax Saver Fund	11.92	0.83	1.6	2.57
SBI Long Term Equity Fund	13.7	0.94	1.58	2.49
DSP ELSS Tax Saver Fund	13.64	0.94	1.32	2.13
Kotak ELSS Tax Saver Fund	13.44	0.92	1.17	1.57

View all Elss funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.14 vs. 7.03 Underperformed at beating benchmark
Sharpe	1.08 vs. 7.57 Poor risk-adjusted returns
Beta	0.9 vs. 1.13 Less sensitive to market ups & downs
Standard deviation	13.06 vs. 12.46 More volatile performance

Compare Union ELSS Tax Saver Fund in detail with

About this fund

About Union ELSS Tax Saver Fund

Union ELSS Tax Saver Fund Direct-Growth is a ELSS mutual fund scheme from Union Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. Union ELSS Tax Saver Fund Direct-Growth has ₹904 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union ELSS Tax Saver Fund Direct-Growth as of 21/07/2025 is ₹70.97. The fund has an expense ratio of 1.37%, which is higher than what most other Elss funds charge.

Union ELSS Tax Saver Fund Direct-Growth returns of last 1-year are 4.96%. Since launch, it has delivered 14.31% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Union ELSS Tax Saver Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Capital Goods, Automobile, Technology, Healthcare sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., Bharti Airtel Ltd..

...

Fund AUM	904 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Sanjay Bembalkar

Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder. Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP

Vinod Malviya

Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared) Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.

Investment objective

The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.

Union Mutual Fund details

No. of schemes	26 view all schemes
Total AUM	21,203 Cr as on Jun 30, 2025
Address	Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai, 400059
Email	investorcare@unionmf.com
Phone	(022) 6748 3300

More funds from Union Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Union Small Cap Fund	N.A.	1,577 Cr	6.94%	31.76%
Union Midcap Fund	N.A.	1,440 Cr	6.41%	30.34%
Union Value Fund	N.A.	318 Cr	4.38%	23.79%
Union Large & Midcap Fund	N.A.	866 Cr	4.99%	22.81%
Union Flexi Cap Fund	N.A.	2,313 Cr	4.98%	22.32%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Union ELSS Tax Saver Fund - Direct Growth plan is approximately ₹70.97 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Union ELSS Tax Saver Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 14.3% since inception.

Union ELSS Tax Saver Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.35%	18.82%	22.5%	12.72%	14.3%

How much does this mutual fund charge as expense ratio?

The Union ELSS Tax Saver Fund - Direct Growth has an expense ratio of 1.37%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Union ELSS Tax Saver Fund currently has assets under management (AUM) or fund size valued at approximately 904 Cr as on May 31, 2025.

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

The Union ELSS Tax Saver Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	7.82%
ICICI Bank Ltd.	5.94%
Reliance Industries Ltd.	3.66%
Infosys Ltd.	3.4%
Bharti Airtel Ltd.	3.26%
Larsen & Toubro Ltd.	2.75%
Axis Bank Ltd.	2.49%
State Bank of India	2.46%
Bharat Electronics Ltd.	2.15%
JIO Financial Services Ltd.	1.94%

What are the top sectors Union ELSS Tax Saver Fund has invested in?

The Union ELSS Tax Saver Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	30.500000000000007%
Capital Goods	10.810000000000002%
Automobile	6.9799999999999995%
Technology	6.84%
Healthcare	6.83%
Services	6.77%
Energy	5.970000000000001%
Consumer Staples	4.74%
Metals & Mining	4.390000000000001%
Communication	3.26%

What is risk level of Union ELSS Tax Saver Fund?

This is a Elss fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

Yes, this fund comes with a mandatory lock-in period of 3 years.

How do I invest in Union ELSS Tax Saver Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Union ELSS Tax Saver Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Union ELSS Tax Saver Fund is complete.

How can I redeem my investments in Union ELSS Tax Saver Fund?

Redeeming your investments in Union ELSS Tax Saver Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Union ELSS Tax Saver Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in ELSS

#NA

AUM Growth: This fund has the highest AUM growth in the last 12 months in ELSS category.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.