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Union Tax Saver Scheme - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Union Mutual Fund
  • NAV
    : ₹ 25.44 -0.63%
    (as on 21st June, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 95.84% investment in indian stocks of which 72.37% is in large cap stocks, 14% is in mid cap stocks, 9.47% in small cap stocks.Fund has 0.35% investment in Debt of which 0.35% in Government securities.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 21st June, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 14-Jun-19 9929.74 -0.70% - -0.80% 31/64
1 Month 21-May-19 10079.24 0.79% - 0.78% 35/64
3 Month 20-Mar-19 10184.15 1.84% - 0.72% 25/64
6 Month 21-Dec-18 10648.81 6.49% - 4.72% 22/63
YTD 01-Apr-19 10051.36 0.51% - -0.70% 23/64
1 Year 21-Jun-18 10551.64 5.52% 5.52% 1.40% 17/60
2 Year 21-Jun-17 11046.46 10.46% 5.10% 4.91% 27/51
3 Year 21-Jun-16 13006.13 30.06% 9.16% 12.29% 41/45
5 Year 20-Jun-14 14645.94 46.46% 7.92% 12.48% 32/33
10 Year - - - - 15.00% -/-
Since Inception 02-Jan-13 19214.50 92.14% 10.62% - -/-

SIP Returns (NAV as on 21st Jun,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 21-Jun-18 12000 12553.76 4.61 % 8.66 %
2 years 21-Jun-17 24000 25244.66 5.19 % 4.94 %
3 years 21-Jun-16 36000 39920.31 10.89 % 6.83 %
5 years 21-Jun-14 60000 71038.85 18.40 % 6.69 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st May,2019)

Portfolio Turnover Ratio : 90.00%  |   Category average turnover ratio is 101.94%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 95.84% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.84%
No of Stocks : 68 (Category Avg - 44.48) | Large Cap Investments : 72.37%| Mid Cap Investments : 14% | Small Cap Investments : 9.47% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 217.5 8.53% 0.22% 7.68% (Oct 2018) 7.68% (Oct 2018) 89.66 k 0.00
Reliance Industries Ltd. Refineries/marketing 176.3 6.92% -0.46% 5.86% (Jun 2018) 5.86% (Jun 2018) 1.33 L 0.00
ICICI Bank Ltd. Banks 118.2 4.64% 0.10% 1.5% (Sep 2018) 0% (Jun 2018) 2.79 L 0.00
Infosys Ltd. Computers - software 114.1 4.48% -0.44% 4.27% (Jul 2018) 4.27% (Jul 2018) 1.55 L -9.00 k
Tata Consultancy Services Ltd. Computers - software 101.4 3.98% -0.37% 3.72% (Dec 2018) 3.72% (Dec 2018) 46.17 k -2.00 k
ITC Limited Cigarettes 97.2 3.82% -0.38% 3.82% (May 2019) 3.82% (May 2019) 3.49 L 0.00
Kotak Mahindra Bank Ltd. Banks 92.2 3.62% 0.26% 2.68% (Sep 2018) 2.68% (Sep 2018) 60.57 k 0.00
Housing Development Finance Corporation Ltd. Housing finance 88.6 3.48% 0.24% 3.23% (Mar 2019) 3.23% (Mar 2019) 40.59 k 0.00
Axis Bank Ltd. Banks 80.5 3.16% -0.57% 1.58% (Jun 2018) 1.58% (Jun 2018) 99.59 k -0.22 L
Bajaj Finance Ltd. Nbfc 73.7 2.89% 0.26% 1.13% (Oct 2018) 1.13% (Oct 2018) 21.25 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 2 (Category Avg - 0.12) | Modified Duration 0.00 Years (Category Avg - 1.90)| Yield to Maturity - -- (Category Avg - 7.87%)

Type of Holdings

Security Type
% Weight
Category Average
CD 0.00% 0.01%
T-Bills 0.35% 0.01%
NCD & Bonds 0.00% 0.00%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.35% 0.01%
Low Risk 0.00% 0.00%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
Reverse Repo Reverse Repo 4.30%
Net Receivables Net Receivables -0.49%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2019)

  • Standard Deviation

    High volatility
    12.08vs9.47
    Category Avg
  • Beta

    High volatility
    0.93vs0.67
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.29vs0.34
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.04vs0.05
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -3.35vs-0.27
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Kotak Tax Saver Scheme - Direct Plan - Growth 4 934.61 1.75 4.57 10.18 12.52 15.26
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2111.58 2.46 2.90 8.62 11.60 20.47
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 982.77 1.43 2.99 9.05 11.17 14.69
Tata India Tax Savings Fund - Direct Plan - Growth NA 1873.40 1.90 3.82 11.26 9.83 15.00
DSP Tax Saver Fund - Direct Plan - Growth 3 5642.77 1.81 2.41 9.75 8.90 14.12
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 6424.90 0.54 2.49 6.66 8.07 12.69
JM Tax Gain Fund - (Direct) - Growth 3 32.67 1.65 3.88 9.03 7.03 16.23
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 2 476.90 2.37 3.73 8.88 6.81 10.50
LIC MF Tax Plan 1997 - Direct Plan - Growth 4 227.18 1.49 2.74 4.37 6.39 13.44
DHFL Pramerica Tax Plan - Direct Plan - Growth NA 34.69 1.73 3.09 9.50 6.18 13.80

More Funds from Union Mutual Fund

Out of 13 mutual fund schemes offered by this AMC, 3 is/are ranked 3 * , 1 is/are ranked 2 * , 1 is/are ranked 1 * , and 8 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Union Liquid Fund - Direct Plan - Growth 1 918.98 0.59 1.80 3.55 3.67 5.81
Union Balanced Advantage Fund - Direct Plan - Growth NA 541.74 0.74 2.17 5.76 7.97 0.00
Union Capital Protection Oriented Fund - Series 7 - Direct Plan - Growth NA 359.62 -0.67 1.19 5.29 7.15 0.00
Union Corporate Bond Fund - Direct Plan - Growth NA 346.29 -3.88 -3.45 -1.21 2.31 0.00
Union Small Cap Fund - Direct Plan - Growth 2 326.02 0.29 -3.76 -2.74 -11.63 3.87
Union Multi Cap Fund - Direct Plan - Growth 3 272.17 1.03 2.03 7.34 5.37 10.20
Union Equity Savings Fund - Direct Plan - Growth NA 265.63 0.76 2.21 4.62 0.00 0.00
Union Tax Saver Scheme - Direct Plan - Growth 3 254.78 0.79 1.84 6.49 5.52 9.16
Union Largecap Fund - Direct Plan - Growth NA 234.57 0.91 2.49 9.35 6.21 0.00
Union Value Discovery Fund - Direct Plan - Growth NA 151.77 0.95 0.19 3.51 0.00 0.00

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