Union Tax Saver (ELSS) Fund Direct Growth

Fund Overview

Fund Size

₹835 Cr

Expense Ratio

1.21%

ISIN

INF582M01765

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Union Tax Saver (ELSS) Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 13 years, 5 months and 12 days, having been launched on 01-Jan-13.
As of 12-Jun-26, it has a Net Asset Value (NAV) of ₹68.65, Assets Under Management (AUM) of 835.04 Crores, and an expense ratio of 1.21%.

Union Tax Saver (ELSS) Fund Direct Growth has given a CAGR return of 13.09% since inception.
The fund's asset allocation comprises around 97.84% in equities, 0.00% in debts, and 2.14% in cash & cash equivalents.
You can start investing in Union Tax Saver (ELSS) Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-0.62%

— (Cat Avg.)

3 Years

+12.60%

+12.47% (Cat Avg.)

5 Years

+12.46%

+11.57% (Cat Avg.)

10 Years

+13.41%

+13.53% (Cat Avg.)

Since Inception

+13.09%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2026

Equity	₹816.97 Cr	97.84%
Others	₹17.9 Cr	2.14%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹42.77 Cr	5.12%
ICICI Bank Ltd	Equity	₹41.39 Cr	4.96%
Reliance Industries Ltd	Equity	₹30.78 Cr	3.69%
Bharti Airtel Ltd	Equity	₹26.34 Cr	3.15%
Gabriel India Ltd	Equity	₹23.14 Cr	2.77%
Axis Bank Ltd	Equity	₹20.44 Cr	2.45%
Kotak Mahindra Bank Ltd	Equity	₹19.75 Cr	2.37%
State Bank of India	Equity	₹19.63 Cr	2.35%
Shriram Finance Ltd	Equity	₹18.75 Cr	2.25%
Larsen & Toubro Ltd	Equity	₹18.73 Cr	2.24%
Treps	Cash - Repurchase Agreement	₹18.34 Cr	2.20%
Maruti Suzuki India Ltd	Equity	₹17.43 Cr	2.09%
JSW Energy Ltd	Equity	₹16.6 Cr	1.99%
Solar Industries India Ltd	Equity	₹16.51 Cr	1.98%
CG Power & Industrial Solutions Ltd	Equity	₹15.69 Cr	1.88%
Jindal Steel Ltd	Equity	₹14.75 Cr	1.77%
Infosys Ltd	Equity	₹14.47 Cr	1.73%
Acutaas Chemicals Ltd	Equity	₹14.41 Cr	1.73%
Max Financial Services Ltd	Equity	₹14.23 Cr	1.70%
Bharat Electronics Ltd	Equity	₹13.41 Cr	1.61%
Tata Steel Ltd	Equity	₹13.21 Cr	1.58%
Tata Consumer Products Ltd	Equity	₹12.96 Cr	1.55%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹12.13 Cr	1.45%
The Federal Bank Ltd	Equity	₹11.85 Cr	1.42%
Bharat Heavy Electricals Ltd	Equity	₹11.46 Cr	1.37%
Ajanta Pharma Ltd	Equity	₹11.15 Cr	1.34%
NTPC Ltd	Equity	₹11.1 Cr	1.33%
Phoenix Mills Ltd	Equity	₹10.66 Cr	1.28%
Karur Vysya Bank Ltd	Equity	₹10.5 Cr	1.26%
HDFC Asset Management Co Ltd	Equity	₹10.43 Cr	1.25%
LG Electronics India Ltd	Equity	₹10.42 Cr	1.25%
Cummins India Ltd	Equity	₹10.11 Cr	1.21%
One97 Communications Ltd	Equity	₹10.07 Cr	1.21%
Aarti Industries Ltd	Equity	₹9.86 Cr	1.18%
Data Patterns (India) Ltd	Equity	₹9.75 Cr	1.17%
Sai Life Sciences Ltd	Equity	₹9.74 Cr	1.17%
JSW Infrastructure Ltd	Equity	₹9.39 Cr	1.12%
DOMS Industries Ltd	Equity	₹8.97 Cr	1.07%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹8.91 Cr	1.07%
UNO Minda Ltd	Equity	₹8.59 Cr	1.03%
Balrampur Chini Mills Ltd	Equity	₹8.49 Cr	1.02%
UltraTech Cement Ltd	Equity	₹8.38 Cr	1.00%
Eternal Ltd	Equity	₹8.32 Cr	1.00%
Campus Activewear Ltd	Equity	₹8.23 Cr	0.99%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹8.07 Cr	0.97%
Hindustan Unilever Ltd	Equity	₹7.8 Cr	0.93%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹7.68 Cr	0.92%
Bajaj Finance Ltd	Equity	₹7.58 Cr	0.91%
Tata Motors Ltd	Equity	₹7.51 Cr	0.90%
Sun Pharmaceuticals Industries Ltd	Equity	₹7.38 Cr	0.88%
Mphasis Ltd	Equity	₹7.2 Cr	0.86%
Torrent Pharmaceuticals Ltd	Equity	₹7.06 Cr	0.85%
Pidilite Industries Ltd	Equity	₹6.63 Cr	0.79%
Tata Consultancy Services Ltd	Equity	₹6.6 Cr	0.79%
Hindustan Petroleum Corp Ltd	Equity	₹6.5 Cr	0.78%
Inventurus Knowledge Solutions Ltd	Equity	₹6.31 Cr	0.76%
Gokaldas Exports Ltd	Equity	₹6.18 Cr	0.74%
Fortis Healthcare Ltd	Equity	₹6.1 Cr	0.73%
Schneider Electric Infrastructure Ltd	Equity	₹5.84 Cr	0.70%
Schaeffler India Ltd	Equity	₹5.78 Cr	0.69%
AIA Engineering Ltd	Equity	₹5.45 Cr	0.65%
Engineers India Ltd	Equity	₹5.38 Cr	0.64%
Timken India Ltd	Equity	₹5.26 Cr	0.63%
Aether Industries Ltd	Equity	₹5.16 Cr	0.62%
LTM Ltd	Equity	₹5.08 Cr	0.61%
SRF Ltd	Equity	₹4.89 Cr	0.59%
ITC Ltd	Equity	₹4.55 Cr	0.55%
Hindalco Industries Ltd	Equity	₹4.51 Cr	0.54%
TVS Motor Co Ltd	Equity	₹4.3 Cr	0.51%
Mankind Pharma Ltd	Equity	₹4.16 Cr	0.50%
Cholamandalam Investment and Finance Co Ltd	Equity	₹3.84 Cr	0.46%
Aegis Vopak Terminals Ltd	Equity	₹3.6 Cr	0.43%
Grindwell Norton Ltd	Equity	₹3.5 Cr	0.42%
Oil India Ltd	Equity	₹3.14 Cr	0.38%
Net Receivable / Payable	Cash - Collateral	₹-0.84 Cr	0.10%
09/07/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹0.39 Cr	0.05%
Tvs Motor Company Limited	Preferred Stock	₹0.17 Cr	0.02%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹233.3 Cr	27.94%
Industrials	₹136.75 Cr	16.38%
Consumer Cyclical	₹105.23 Cr	12.60%
Basic Materials	₹93.42 Cr	11.19%
Technology	₹53.83 Cr	6.45%
Healthcare	₹51.9 Cr	6.22%
Energy	₹44.03 Cr	5.27%
Consumer Defensive	₹33.81 Cr	4.05%
Utilities	₹27.71 Cr	3.32%
Communication Services	₹26.34 Cr	3.15%
Real Estate	₹10.66 Cr	1.28%

Risk & Performance Ratios

Fund Managers

Sanjay Bembalkar

Since June 2021

Vinod Malviya

Since November 2024

Additional Scheme Detailsas of 31st May 2026

ISIN

INF582M01765

Expense Ratio

1.21%

Exit Load

No Charges

Fund Size

₹835 Cr

Age

13 years 5 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

BSE 500 India TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk	2.1%	0.0%	₹82.28 Cr	-0.7%
Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk	0.7%	0.0%	₹82.28 Cr	1.0%
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹265.70 Cr	1.1%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹63.23 Cr	6.1%
SBI Long Term Advantage Fund Series II Regular Growth Very High Risk	-	0.0%	₹34.17 Cr	6.4%
SBI Long Term Advantage Fund Series II Direct Growth Very High Risk	-	0.0%	₹34.17 Cr	6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk	-	0.0%	₹63.23 Cr	5.7%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk	1.4%	0.0%	₹30.56 Cr	5.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹30.56 Cr	5.4%
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.2%	0.0%	₹13.10 Cr	5.9%
Sundaram Long Term Tax Advantage Fund Series II Regular Growth Very High Risk	1.4%	0.0%	₹13.10 Cr	5.6%
SBI Long Term Advantage Fund Series I Regular Growth Low Risk	-	0.0%	₹49.50 Cr	16.8%
SBI Long Term Advantage Fund Series I Direct Growth Low Risk	-	0.0%	₹49.50 Cr	17.1%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth Very High Risk	1.3%	0.0%	₹75.03 Cr	5.0%
SBI Long Term Advantage Fund Series VI Regular Growth Very High Risk	-	0.0%	₹250.68 Cr	-1.8%
SBI Long Term Advantage Fund Series VI Direct Growth Very High Risk	-	0.0%	₹250.68 Cr	-1.5%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Regular Growth Very High Risk	1.4%	0.0%	₹75.03 Cr	4.8%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Very High Risk	1.2%	-	₹33.90 Cr	7.8%
SBI Tax Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹33.26 Cr	32.0%
SBI Tax Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹33.26 Cr	31.5%
Sundaram Long Term Tax Advantage Fund Series III Regular Growth Very High Risk	1.4%	-	₹33.90 Cr	7.5%
ICICI Prudential Long Term Wealth Enhancement Fund Regular Growth Very High Risk	1.0%	0.0%	₹37.52 Cr	-2.3%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Very High Risk	0.7%	0.0%	₹37.52 Cr	-1.9%
Sundaram Long Term Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹22.63 Cr	8.1%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.2%	0.0%	₹22.63 Cr	8.3%
SBI Long Term Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹66.00 Cr	-3.0%
SBI Long Term Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹66.00 Cr	-2.6%
SBI Long Term Advantage Fund Series V Direct Growth Very High Risk	-	0.0%	₹353.31 Cr	-0.3%
SBI Long Term Advantage Fund Series V Regular Growth Very High Risk	-	0.0%	₹353.31 Cr	-0.7%
SBI Long Term Advantage Fund Series IV Regular Growth Very High Risk	-	0.0%	₹194.41 Cr	0.7%
SBI Long Term Advantage Fund Series IV Direct Growth Very High Risk	-	0.0%	₹194.41 Cr	1.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Very High Risk	1.3%	0.0%	₹35.88 Cr	5.0%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹35.88 Cr	4.9%
Invesco India Tax Plan Regular Growth Very High Risk	1.7%	0.0%	₹2541.65 Cr	-6.4%
HSBC ELSS Fund Direct Growth Very High Risk	1.0%	0.0%	₹3985.49 Cr	2.0%
LIC MF ELSS Direct Growth Very High Risk	1.0%	0.0%	₹977.52 Cr	-6.3%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.7%	0.0%	₹6020.15 Cr	-1.1%
Invesco India Tax Plan Direct Growth Very High Risk	0.8%	0.0%	₹2541.65 Cr	-5.3%
HSBC Tax Saver Equity Fund Regular Growth Very High Risk	2.5%	0.0%	₹243.60 Cr	4.0%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth Very High Risk	0.9%	0.0%	₹13637.69 Cr	-1.6%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.6%	0.0%	₹1263.36 Cr	-3.5%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.6%	0.0%	₹6835.31 Cr	0.6%
Nippon India Tax Saver (ELSS) Fund Direct Growth Very High Risk	0.9%	0.0%	₹14700.06 Cr	1.4%
JM Tax Gain Fund Direct Growth Very High Risk	1.3%	0.0%	₹222.93 Cr	3.0%
Samco ELSS Tax Saver Fund Direct Growth Very High Risk	1.1%	0.0%	₹107.49 Cr	-7.2%
Samco ELSS Tax Saver Fund Regular Growth Very High Risk	2.5%	0.0%	₹107.49 Cr	-8.4%
Mahindra Manulife ELSS Fund Regular Growth Very High Risk	2.0%	0.0%	₹866.77 Cr	-6.6%
Mahindra Manulife ELSS Fund Direct Growth Very High Risk	0.6%	0.0%	₹866.77 Cr	-5.1%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹27,884 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Arthaya Equity Long Short Fund Direct Growth Very High Risk	-	1.0%	-	-
Union Consumption Fund Direct Growth Very High Risk	1.0%	1.0%	₹314.76 Cr	-
Union Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.4%	1.0%	₹186.53 Cr	-
Union Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹546.79 Cr	-
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹64.35 Cr	3.6%
Union Gold ETF Fund of Fund Direct Growth High Risk	0.3%	1.0%	₹163.25 Cr	48.1%
Union Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹85.86 Cr	5.1%
Union Active Momentum Fund Direct Growth Very High Risk	0.9%	1.0%	₹474.55 Cr	8.6%
Union Multi Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹963.63 Cr	13.3%
Union Business Cycle Fund Direct Growth Very High Risk	1.0%	1.0%	₹511.53 Cr	5.2%
Union Children's Fund Direct Growth Very High Risk	1.1%	0.0%	₹85.11 Cr	1.4%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1142.04 Cr	7.1%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Low Risk	-	0.0%	₹25.17 Cr	6.0%
Union Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2094.49 Cr	16.6%
Union Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹708.23 Cr	0.5%
Union Medium Duration Fund Direct Growth Moderate Risk	0.6%	1.0%	₹80.25 Cr	8.2%
Union Value Discovery Fund Direct Growth Very High Risk	1.1%	1.0%	₹374.79 Cr	1.8%
Union Multicap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1357.21 Cr	7.5%
Union Balanced Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹1241.37 Cr	0.8%
Union Equity Savings Fund Direct Growth Moderately High risk	1.3%	1.0%	₹142.05 Cr	2.6%
Union Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹238.91 Cr	6.1%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.2%	0.0%	₹835.04 Cr	-0.6%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.1%	1.0%	₹92.20 Cr	0.1%
Union Flexi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2289.44 Cr	-0.9%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹8162.69 Cr	6.3%
Union Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1771.27 Cr	7.0%
Union Gilt Fund Direct Growth Moderate Risk	0.6%	0.0%	₹87.36 Cr	-0.6%
Union Largecap Fund Direct Growth Very High Risk	1.3%	1.0%	₹436.36 Cr	-2.4%
Union Retirement Fund Direct Growth Very High Risk	1.0%	0.0%	₹198.13 Cr	4.2%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.3%	1.0%	₹434.30 Cr	4.3%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹411.06 Cr	5.3%
Union Focused Fund Direct Growth Very High Risk	1.2%	1.0%	₹428.83 Cr	6.8%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹876.64 Cr	6.3%
Union Large & Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹932.69 Cr	2.4%

Risk Level

Your principal amount will be at Very High Risk

Take control of your wealth

Track and Analyse all your investments with Dezerv

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Union Tax Saver (ELSS) Fund Direct Growth?

The NAV of Union Tax Saver (ELSS) Fund Direct Growth, as of 12-Jun-2026, is ₹68.65.

What are the returns of Union Tax Saver (ELSS) Fund Direct Growth?

The fund has generated -0.62% over the last 1 year and 12.60% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Union Tax Saver (ELSS) Fund Direct Growth?

The fund's allocation of assets is distributed as 97.84% in equities, 0.00% in bonds, and 2.14% in cash and cash equivalents.

Who manages the Union Tax Saver (ELSS) Fund Direct Growth?

The fund managers responsible for Union Tax Saver (ELSS) Fund Direct Growth are:-

Sanjay Bembalkar
Vinod Malviya

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

©2021-2026 Dezerv. All Rights Reserved

Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.

Union Tax Saver (ELSS) Fund Direct Growth

Fund Overview