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ELSS Tax Saver📊 NIFTY 500 TRI(SEBI default)

Union ELSS Tax Saver Fund · Regular · Growth

Union Mutual Fund

#16 of 39 (1Y)

NAV

₹64.2800

as of 17 Jun 2026

Expense Ratio

2.29%

AUM

₹860 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+0.97%
3Y
+11.89%
5Y
+12.13%
Since Inception
+13.71%

SIP returns (XIRR)

1Y
+0.49%
3Y
+5.97%
5Y
+9.88%
Since Inception
+12.80%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹87,000

Invested

₹2,24,690

Value today

12.2%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

500 lumpsum at launch — value today

Invested on the fund's first NAV date

₹500

Invested

₹3,067

Value today

13.4%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹8,70,000

Withdrawn

₹38,87,099

Corpus left

+₹37,57,099 net gain — withdrew ₹8,70,000 AND corpus grew

Plan your SWP with real NAV

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹33,99,738

Value today

-7.6%

vs lumpsum

Direct lumpsum would have beaten STP by 7.6% — but STP reduced timing risk

Model your own STP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹3,57,043

Value today

3.6×

Multiple

Staying invested through that crash turned ₹1L into ₹3,57,043 — a 3.6× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

-0.30

Sharpe Ratio

-0.04

Alpha

0.50

Beta

-0.29

Sortino

14.94%

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 ₹860 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