Union ELSS Tax Saver Fund

Union ELSS maintains a decisive banking overweight at nearly 23 percent, doubling down on financial sector resilience while diversifying into infrastructure and capital goods through fresh additions like JSW Infrastructure and BHEL. The manager's portfolio pruning—exiting growth stories like Info Edge and Vedanta in favor of cyclical plays—signals conviction that economic expansion will reward traditional sectors over momentum trades. With 75 holdings and concentrated top-10 exposure at a third of assets, this fund prioritizes quality franchises over broad diversification, suitable for tax-conscious investors betting on rate stability and domestic growth.

Portfolio analysis · April 2026