GMP IPO Watch
Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund
Regular Plan · IDCW Option · Union Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.79% | +3.66% | 29 of 51 |
| 1M | +2.28% | +2.01% | 30 of 51 |
| 3M | -3.65% | -4.19% | 25 of 51 |
| 6M | +1.21% | +0.64% | 20 of 51 |
| YTD | -3.47% | -3.56% | 28 of 51 |
| 1Y | -3.68% | -3.78% | 29 of 51 |
| 2Y | +0.75% | -0.72% | 22 of 50 |
| 3Y | +9.63% | +9.36% | 22 of 50 |
| 5Y | +8.33% | +8.11% | 26 of 43 |
| 7Y | +14.07% | +13.01% | 21 of 43 |
| 10Y | +9.37% | +8.61% | 8 of 27 |
| INCEPTION | +8.98% | — | — |
Ranked among: Equity Scheme - ELSS.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.56% | +35.90% | -33.31% | 61% | 24% |
| 6M | +4.92% | +46.93% | -30.41% | 62% | 24% |
| 1Y | +10.08% | +94.38% | -29.06% | 69% | 28% |
| 2Y | +9.60% | +53.35% | -15.16% | 69% | 29% |
| 3Y | +9.27% | +33.28% | -12.37% | 76% | 32% |
| 5Y | +8.61% | +27.70% | -10.24% | 85% | 36% |
| 7Y | +7.98% | +16.80% | -2.71% | 98% | 41% |
| 10Y | +8.28% | +11.69% | +5.68% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity98.90%
- Debt0.06%
- Cash1.04%
- Other0.00%
Market Cap Split
- Large Cap54.45%
- Mid Cap22.43%
- Small Cap22.02%
- Others1.10%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 25.75 | 23.78 |
| P/B | 3.92 | 3.36 |
| Price / Sales | 3.89 | 2.93 |
| Price / Cash Flow | 22.92 | 18.37 |
| Dividend Yield (%) | 0.86 | 1.14 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 7.17% | -0.25% |
| HDFC Bank | Banks | 4.92% | +0.28% |
| Axis Bank | Banks | 3.18% | +0.17% |
| Bharti Airtel | Telecom - Services | 3.08% | +0.09% |
| Reliance Industries | Petroleum Products | 2.46% | -0.03% |
| Larsen & Toubro | Construction | 2.10% | -0.03% |
| JSW Infrastructure | Transport Infrastructure | 2.08% | +0.21% |
| Eternal | Retailing | 2.05% | +0.07% |
| Gabriel | Auto Components | 1.98% | -0.34% |
| One 97 Communications | Financial Technology (Fintech) | 1.97% | +0.07% |
| State Bank of India | Banks | 1.85% | -0.08% |
| Jindal Steel | Ferrous Metals | 1.81% | +0.08% |
| Shriram Finance | Finance | 1.80% | -0.12% |
| Solar Industries | Chemicals & Petrochemicals | 1.79% | -0.09% |
| CG Power & Industrial Solutions | Electrical Equipment | 1.78% | -0.02% |
View all 85 holdings
| JSW Energy | Power | 1.68% | +0.01% |
| Ajanta Pharma | Pharmaceuticals & Biotechnology | 1.68% | +0.11% |
| Sai Life Sciences | Pharmaceuticals & Biotechnology | 1.56% | +0.15% |
| Maruti Suzuki | Automobiles | 1.53% | -0.11% |
| Ujjivan Small Finance Bank | Banks | 1.50% | -0.27% |
| LG Electronics | Consumer Durables | 1.44% | +0.11% |
| TREPS | Reverse Repo / TREPS | 1.44% | — |
| Sona BLW Precision Forgings | Auto Components | 1.43% | +0.11% |
| Phoenix Mills | Realty | 1.42% | +0.11% |
| UNO Minda | Auto Components | 1.41% | -0.04% |
| Bharat Heavy Electricals | Electrical Equipment | 1.39% | -0.01% |
| Tech Mahindra | IT - Software | 1.38% | +0.13% |
| Balrampur Chini Mills | Agricultural Food & other Products | 1.33% | +0.02% |
| Data Patterns | Aerospace & Defense | 1.26% | +0.01% |
| Aether Industries | Chemicals & Petrochemicals | 1.23% | +0.08% |
| Aarti Industries | Chemicals & Petrochemicals | 1.20% | -0.05% |
| Max Financial Services | Insurance | 1.17% | -0.36% |
| Kotak Bank | Banks | 1.11% | +0.06% |
| RBL Bank | Banks | 1.11% | +0.30% |
| ZF Commercial | Auto Components | 1.10% | -0.02% |
| HDFC AMC | Capital Markets | 1.08% | -0.09% |
| Amber Enterprises | Consumer Durables | 1.06% | -0.08% |
| Tata Consumer Products | Agricultural Food & other Products | 1.04% | -0.03% |
| Engineers India | Construction | 1.02% | +0.32% |
| Interglobe Aviation | Transport Services | 1.00% | +0.01% |
| Cummins | Industrial Products | 1.00% | -0.01% |
| Bajaj Finance | Finance | 0.98% | -0.03% |
| UltraTech Cement | Cement & Cement Products | 0.97% | +0.01% |
| AIA Engineering | Industrial Products | 0.95% | +0.01% |
| Federal Bank | Banks | 0.95% | -0.05% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.94% | +0.01% |
| Acutaas Chemicals | Pharmaceuticals & Biotechnology | 0.93% | +0.08% |
| Varun Beverages | Beverages | 0.93% | +0.12% |
| Grindwell Norton | Industrial Products | 0.92% | +0.04% |
| Dixon Technologies | Consumer Durables | 0.92% | -0.06% |
| Mphasis | IT - Software | 0.83% | -0.05% |
| LTM | IT - Software | 0.81% | +0.16% |
| Inventurus Knowledge Solutions | IT - Services | 0.80% | +0.05% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.80% | -0.07% |
| MTAR Technologies | Electrical Equipment | 0.76% | +0.11% |
| Gokaldas Exports | Textiles & Apparels | 0.75% | -0.05% |
| DOMS Industries | Household Products | 0.75% | +0.01% |
| Tata Consultancy Services | IT - Software | 0.73% | -0.07% |
| Infosys | IT - Software | 0.72% | -0.06% |
| Info Edge | Retailing | 0.70% | -0.01% |
| Schaeffler India | Auto Components | 0.66% | +0.02% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.66% | -0.02% |
| TVS Motors | Automobiles | 0.64% | +0.00% |
| Zydus Life Science | Pharmaceuticals & Biotechnology | 0.64% | — |
| Fortis Healthcare | Equity | 0.62% | -0.06% |
| Cemindia Projects | Construction | 0.59% | +0.02% |
| Hindustan Copper | Non - Ferrous Metals | 0.58% | -0.02% |
| KSB | Industrial Products | 0.57% | +0.06% |
| Aditya Birla Capital | Finance | 0.53% | -0.01% |
| ITC | Diversified FMCG | 0.51% | +0.04% |
| Tata Motors | Agricultural, Commercial & Construction Vehicles | 0.50% | -0.03% |
| Shiprocket | Transport Services | 0.50% | +0.01% |
| KRN Heat Exchanger and Refrigeration | Industrial Products | 0.49% | -0.01% |
| Hitachi Energy | Electrical Equipment | 0.49% | -0.02% |
| Coforge | IT - Software | 0.49% | -0.81% |
| Tata Steel | Ferrous Metals | 0.47% | +0.03% |
| Hindustan Zinc | Non - Ferrous Metals | 0.40% | +0.00% |
| CarTrade Tech | Retailing | 0.39% | — |
| Prestige Estates Projects | Realty | 0.28% | -0.38% |
| BSE | Capital Markets | 0.26% | — |
| Aegis Vopak Terminals | Oil | 0.22% | +0.04% |
| Bharat Electronics | Aerospace & Defense | 0.12% | -0.31% |
| 91 Day Treasury Bills | Money Market | 0.03% | +0.00% |
| 91TB241226 | Money Market | 0.03% | — |
| Net Receivable / Payable | Net Current Assets | -0.40% | — |
Sector Allocation · Sep 2026
View all 34 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 15.02 | 15.31 | Low Volatility |
| 3Y | 14.25 | 15.06 | Low Volatility |
| 5Y | 14.03 | 14.95 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.68 | -0.64 | Below Average |
| 3Y | 0.26 | 0.25 | Above Average |
| 5Y | 0.22 | 0.20 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.24 | -0.25 | Above Average |
| 3Y | 1.00 | 0.95 | Above Average |
| 5Y | 0.89 | 0.83 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.96 | 0.97 | Good Risk Adjusted Returns |
| 3Y | 0.93 | 0.96 | Good Risk Adjusted Returns |
| 5Y | 0.91 | 0.95 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Quant ELSS Tax Saver Fund
Regular Plan · IDCW Option
|
+7.29% | +14.05% | +12.86% | +6.96% |
|
BANK OF INDIA MID CAP TAX FUND SERIES 1
Direct Plan · IDCW
|
+5.64% | +14.68% | +11.35% | +13.71% |
|
JM ELSS - Tax Saver Fund
Regular Plan · IDCW Option
|
+1.79% | +14.74% | +11.28% | +8.95% |
|
BANK OF INDIA MID CAP TAX FUND Series 2
Direct Plan · IDCW
|
+1.69% | +13.49% | +10.51% | +17.18% |
|
WhiteOak Capital ELSS Tax Saver Fund
Direct Plan · IDCW Option
|
+0.68% | +16.26% | — | +16.99% |
|
HSBC ELSS Tax saver Fund
Regular Plan · Growth
|
+0.17% | +15.10% | — | +14.46% |
|
BANK OF INDIA ELSS TAX SAVER FUND
Regular Plan · IDCW
|
-0.32% | +11.18% | +9.76% | +6.87% |
|
Kotak ELSS Tax Saver Fund
Regular Plan · Payout of Income Distribution cum capital withdrawal option
|
-0.70% | +10.74% | +10.15% | +5.94% |
|
Sundaram Long Term Tax Advantage Fund Series III
Regular plan · Growth
|
-0.77% | +9.49% | +13.59% | +13.22% |
|
Edelweiss ELSS Tax Saver Fund
Regular Plan · Growth
|
-0.97% | +12.17% | +9.28% | +14.54% |
More From Union Asset Management Company Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Union Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+17.00% | — | — | +31.55% |
|
Union Gold ETF
Direct Plan · Growth Option
|
+16.73% | — | — | +31.97% |
|
Union Active Momentum Fund
Direct Plan · IDCW Option
|
+15.74% | — | — | +0.32% |
|
Union Small Cap Fund
Direct Plan · Growth Option
|
+14.82% | +15.43% | +16.22% | +16.18% |
|
Union Innovation & Opportunities Fund
Direct Plan · Growth Option
|
+8.71% | +19.25% | — | +17.75% |
|
Union Arbitrage Fund
Direct Plan · IDCW Option
|
+6.65% | +7.17% | +6.60% | +5.78% |
|
Union Money Market Fund
Direct Plan · Growth Option
|
+6.62% | +7.14% | +6.53% | +6.40% |
|
Union Liquid Fund
Direct Plan · Growth Option
|
+6.49% | +6.92% | +6.45% | +6.53% |
|
Union Diversified Equity All Cap Active FOF
Direct Plan · IDCW Option
|
+5.99% | — | — | +7.33% |
|
Union Multicap Fund
Direct Plan · Growth Option
|
+5.87% | +15.07% | — | +17.37% |
About This Scheme
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.
Stated Asset Allocation
Equity & Equity related instruments*: 80% - 100% of net assets, Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI: 0% - 20% of net assets, (*Equity and Equity related securities / instruments shall mean equities, cumulative convertible preference shares. and fully convertible debentures of companies. Further, pending deployment of funds, the scheme may invest the funds in short - term money market instruments or other liquid instruments or both. After three years of the date of allotment of units, the Mutual Fund may hold upto twenty percent of net assets of the scheme in Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI to enable redemption of investment of those unit holders who would seek to tender the units for repurchase.) Please refer the Scheme Information Document for more details.
Exit Load
Nil
Fund Managers
FM 1 Mr. Vinod Malviya, FM 2 Mr. Sanjay Bembalkar
FM 1 Co-manage, FM 2 Co-manage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.