Union ELSS Tax Saver Fund
NAV
₹70.07
as of 6 Oct 2026
Union ELSS Tax Saver Fund is an open-ended ELSS scheme from Union Mutual Fund managing ₹862 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹70.07 as of 6 Oct 2026. The expense ratio is 1.73% a year. Managed by Sanjay Bembalkar. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.73% / yr
- as of 31 Aug 2026
- Fund size
- ₹862 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 23 Dec 2011
- ISIN
- INF582M01765
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: BSE 500 Index
Union ELSS Tax Saver Fund
₹155
+55% on ₹100 over 5.0 yrs
ELSS average
₹158
+58% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -3.58% | -4.27% | +0.69 |
| 6 months | 2.87% | 7.20% | -4.33 |
| 1 year | -3.17% | -2.27% | -0.90 |
| 3 years (CAGR) | 9.47% | 10.42% | -0.95 |
| 5 years (CAGR) | 9.28% | 10.04% | -0.76 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -2.9%
- Median
- 7.6%
- Best
- 39.5%
49 windows over the last 60 months, stepped monthly; 90% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 9.3%
- Median
- 15.3%
- Best
- 21.5%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.44
- Sharpe ratio (5Y)
- 0.45
- Sortino ratio (3Y)
- 0.64 vs category 0.65
- Standard deviation (3Y)
- 14.45%
- Beta (3Y)
- 0.92
- Alpha (3Y)
- 0.49%
- Deepest fall (5Y)
- -17.16%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-17.2%
Right now
-5.8% below peak
Ahead of its benchmark in 58% of months (window: 3y, monthly) – benchmark: BSE 500 Index, name shown only.
Where the money actually is
Equity
98.8%
Cash
1.2%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
81 positions · top 10 = 31.9%
Market-cap mix
Large 56.7%Mid 20.9%Small 21.2%Other 1.2%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)29.3%
- ICICI Bank Ltd7.42%
- HDFC Bank Ltd5.35%
- State Bank of India2.43%
- Axis Bank Ltd2.41%
Industrials(1 in top 10)16.4%
- Larsen & Toubro Ltd2.10%
Consumer Cyclical(2 in top 10)13.9%
- Gabriel India Ltd2.36%
- Maruti Suzuki India Ltd1.99%
- Technology9.1%
Basic Materials(1 in top 10)8.8%
- Solar Industries India Ltd1.93%
- Healthcare6.8%
- Consumer Defensive3.9%
Communication Services(1 in top 10)3.3%
- Bharti Airtel Ltd3.30%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 97.3% vs category 34.7% a year.
Other top holdings
- Reliance Industries Ltd2.58%
The businesses it owns
- P/E (trailing)
- 26.4 vs category 24.2
- P/B
- 4.0 vs category 3.3
- Dividend yield
- 0.8% vs category 1.1%
- Net margin
- 16.8% vs category 17.3%
- Earnings growth
- 14.4%
- Avg market cap
- ₹1.51 lakh crore
Money in, money out
- Net flow, 12 months
- −₹62 cr
- Net flow, 3 months
- −₹16 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union ELSS Tax Saver Fund?
- ₹70.07 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union ELSS Tax Saver Fund?
- 1.73% a year for the Direct plan, as of 31 Aug 2026.
- How large is Union ELSS Tax Saver Fund?
- ₹862 crore under management as of 31 Jul 2026, in the ELSS category.
- How risky is Union ELSS Tax Saver Fund?
- Its SEBI Riskometer reading is "Very High Risk". Equity with a three-year lock and a Section 80C deduction attached.
- What are the 5-year returns of Union ELSS Tax Saver Fund?
- 9.28% a year over the last 5 years (Direct plan, CAGR), against a ELSS average of 10.04%. Past returns do not predict future returns.
- What is the worst 3-year return of Union ELSS Tax Saver Fund?
- 9.3% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 15.3% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Union ELSS Tax Saver Fund?
- Sanjay Bembalkar, managing this fund for 5.2 years.
Where this fund sits
Its shelf, all funds
El · ELSS tax saver →
Equity with a three-year lock and a Section 80C deduction attached.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other ELSS funds
- Axis ELSS- Tax Saver Fund₹32,667 crore
- SBI ELSS Tax Saver Fund₹31,735 crore
- Mirae Asset ELSS Tax Saver Fund₹26,373 crore
- DSP ELSS Tax Saver Fund₹16,666 crore
- Baroda BNP Paribas ELSS Tax Saver Fund₹930 crore
- Mahindra Manulife ELSS Tax Saver Fund₹904 crore
- PGIM India ELSS Tax Saver Fund₹718 crore
- WhiteOak Capital ELSS Tax Saver Fund₹494 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (BSE 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.