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ELSS Tax Saver📊 NIFTY 500 TRI(SEBI default)

Union ELSS Tax Saver Fund · Regular · Growth

Union Mutual Fund

#20 of 39 (1Y)

NAV

₹65.6700

as of 31 Jul 2026

Expense Ratio

2.29%

AUM

₹836 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+1.83%
3Y
+10.74%
5Y
+11.49%
Since Inception
+13.75%

SIP returns (XIRR)

1Y
+3.80%
3Y
+6.48%
5Y
+10.16%
Since Inception
+12.88%

What history actually did — last 10 years (Aug 2016 – Jul 2026)

A ₹5,000 monthly SIP for the last 10 years (Aug 2016 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹11,86,917 today ₹5,95,000 invested, 13.4% XIRR.

₹5,95,000

Invested

₹11,86,917

Value today

13.4%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 10 years (Aug 2016 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 10 years ago would be ₹3,17,093 today (12.2% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Aug 2016 would still hold ₹19,84,015.

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹11,86,917 in this fund vs ₹12,17,407 in the benchmark — underperformance of ₹30,490.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 10 years (Aug 2016 – Jul 2026) (22 Mar 2020) would be ₹3,82,247 today (3.82×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.06

Sharpe Ratio

+0.02

Alpha

0.28

Beta

0.05

Sortino

14.44%

Std Dev

-14.53%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseUnion Mutual Fund
CategoryELSS Tax Saver
BenchmarkNIFTY 500 TRI ✓
Launch Date08 Nov 2011
AMFI Code116051
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Union ELSS Tax Saver Fund · Regular · Growth is a tax-saving equity fund (ELSS) that offers tax deduction under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. The fund aims to generate long-term capital appreciation while providing tax benefits of up to ₹46,800 per year.

About This Fund

Union ELSS Tax Saver Fund · Regular · Growth is a ELSS Tax Saver mutual fund offered by Union Mutual Fund. The fund has been operational for over 14 years. It manages assets worth ₹836 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.29%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Salaried individuals and taxpayers seeking to save tax under Section 80C
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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