Union Balanced Advantage Fund – Direct Growth

500
Min SIP
1,000
Min Lumpsum
1.11 %
Expense Ratio
★★★
Rating
1,639
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 21% 10.9% 13.5% 11.3%
Category Average 24.6% 14.7% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
3.74%
3.63%
2.93%
2.58%
Others
81.92%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 5.2%
ICICI Bank Banks Equity 3.74%
HDFC Bank Banks Equity 3.63%
Infosys IT - Software Equity 2.93%
NTPC Power Generation & Distribution Equity 2.58%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.2%
Coal India Mining & Mineral products Equity 1.91%
Sun Pharma.Inds. Pharmaceuticals Equity 1.89%
Bharti Airtel Telecomm-Service Equity 1.74%
St Bk of India Banks Equity 1.72%
Axis Bank Banks Equity 1.62%
Tata Power Co. Power Generation & Distribution Equity 1.49%
TCS IT - Software Equity 1.38%
Bharat Electron Aerospace & Defence Equity 1.28%
Bajaj Finance Finance Equity 1.27%
Varun Beverages FMCG Equity 1.21%
HCL Technologies IT - Software Equity 1.2%
Tata Motors-DVR Automobile Equity 1.17%
UltraTech Cem. Cement Equity 1.17%
Shriram Finance Finance Equity 1.13%
TVS Motor Co. Automobile Equity 1.11%
Titan Company Diamond, Gems and Jewellery Equity 1.09%
Tata Consumer Plantation & Plantation Products Equity 1.06%
Hindalco Inds. Non Ferrous Metals Equity 1%
ITC Tobacco Products Equity 0.95%
Tech Mahindra IT - Software Equity 0.93%
Max Healthcare Healthcare Equity 0.93%
Power Grid Corpn Power Generation & Distribution Equity 0.87%
Grasim Inds Textiles Equity 0.83%
Cipla Pharmaceuticals Equity 0.79%
Power Fin.Corpn. Finance Equity 0.77%
Ethos Ltd Retail Equity 0.77%
DLF Realty Equity 0.74%
REC Ltd Finance Equity 0.74%
LTIMindtree IT - Software Equity 0.7%
Bajaj Auto Automobile Equity 0.64%
IndusInd Bank Banks Equity 0.63%
Divi's Lab. Pharmaceuticals Equity 0.6%
Jio Financial Finance Equity 0.6%
B H E L Capital Goods - Electrical Equipment Equity 0.57%
Gokaldas Exports Readymade Garments/ Apparells Equity 0.56%
KFin Technolog. Miscellaneous Equity 0.56%
Canara Bank Banks Equity 0.56%
SBI Life Insuran Insurance Equity 0.56%
Sonata Software IT - Software Equity 0.55%
Nestle India FMCG Equity 0.54%
Godrej Propert. Realty Equity 0.53%
PB Fintech. IT - Software Equity 0.53%
United Spirits Alcoholic Beverages Equity 0.53%
Phoenix Mills Realty Equity 0.53%
Angel One Stock/ Commodity Brokers Equity 0.53%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 0.52%
Spandana Sphoort Finance Equity 0.51%
Abbott India Pharmaceuticals Equity 0.5%
Oberoi Realty Realty Equity 0.48%
Sona BLW Precis. Auto Ancillaries Equity 0.46%
I R C T C Railways Equity 0.45%
Gabriel India Auto Ancillaries Equity 0.43%
Tata Motors Automobile Equity 0.43%
O N G C Crude Oil & Natural Gas Equity 0.41%
Hind. Unilever FMCG Equity 0.38%
A B B Capital Goods - Electrical Equipment Equity 0.36%
C D S L Miscellaneous Equity 0.35%
Polycab India Cables Equity 0.3%
Electronics Mart Retail Equity 0.3%
Dr Reddy's Labs Pharmaceuticals Equity 0.29%
I O C L Refineries Equity 0.29%
UPL Agro Chemicals Equity 0.27%
Maruti Suzuki Automobile Equity 0.25%
Indian Bank Banks Equity 0.03%
Debt
29.62%
Banks
11.93%
IT-Software
7.69%
Petroleum Products
5.49%
Finance
5.02%
Others
40.25%
View all Sectors
Sectors Asset
Debt 29.62%
Banks 11.93%
IT-Software 7.69%
Petroleum Products 5.49%
Finance 5.02%
Power 4.94%
Pharmaceuticals & Biotech 4.07%
Automobiles 3.6%
Realty 2.28%
Construction 2.2%
Cement & Cement Products 2%
Consumable Fuels 1.91%
Consumer Durables 1.86%
Beverages 1.74%
Telecom-Services 1.74%
Electrical Equipments 1.45%
Capital Markets 1.44%
Diversified FMCG 1.33%
Aerospace & Defense 1.28%
Agricultural Food & other 1.06%
Non-Ferrous Metals 1%
Healthcare Services 0.93%
Auto Components 0.89%
Cash & Others 0.61%
Textiles & Apparels 0.56%
Insurance 0.56%
Food Products 0.54%
Financial Technology (Fin 0.53%
Leisure Services 0.45%
Oil 0.41%
Retailing 0.3%
Industrial Products 0.3%
Fertilisers & Agrochemica 0.27%
Equity
69.77%
T-Bills
17.38%
Corporate Debentures
8.15%
Reverse Repos
4.09%
Net Curr Ass/Net Receivables
0.61%

Advance Ratio

0.29
Alpha
1.63
SD
0.4
Beta
0.67
Sharpe

Exit Load

Exit Load 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

Fund Objective

To achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available. However, there is no assurance that the Investment Objective of the scheme will be achieved.o

Fund Managers

Parijat Agrawal

The Head of Fixed Income in Union Asset Management Co. Pvt. Ltd., Mr. Parijat Agrawal has immense experience in mutual funds and financial services spanning over two decades. Mr. Agrawal has been associated with Union Mutual Fund since the company’s inception. He has a B.E. in Electronics and Communications and a PGDM from IIM Bangalore. His portfolio has seen him work in influential positions at some of the most prestigious companies, such as SBI Mutual Fund, State Bank of Mauritius Limited, and Sun F&C Asset Management.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Union Mutual Fund
AUM:
13,594 Cr
Address:
Unit 503, 5th Floor, Leeela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact:
022-67483300
Email ID:
investorcare@unionmf.com

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Frequently Asked Questions

How to invest in Union Balanced Advantage Fund – Direct Growth ?

You can invest in Union Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Union Balanced Advantage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Union Balanced Advantage Fund – Direct Growth ?

The NAV of Union Balanced Advantage Fund – Direct Growth is ₹19.3 as of 29 February 2024.

How to redeem Union Balanced Advantage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Union Balanced Advantage Fund – Direct Growth?

The minimum SIP amount of Union Balanced Advantage Fund – Direct Growth is ₹500

What are the top sectors Union Balanced Advantage Fund – Direct Growth has invested in?

The top sectors Union Balanced Advantage Fund – Direct Growth has invested in are
  1. Debt - 29.62%
  2. Banks - 11.93%
  3. IT-Software - 7.69%
  4. Petroleum Products - 5.49%
  5. Finance - 5.02%

Can I make investments in both the SIP and Lump Sum schemes of Union Balanced Advantage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Union Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Union Balanced Advantage Fund – Direct Growth generated ?

The Union Balanced Advantage Fund – Direct Growth has delivered 11.3% since inception

What is the expense ratio of Union Balanced Advantage Fund – Direct Growth ?

The expense ratio of Union Balanced Advantage Fund – Direct Growth is 1.11 % as of 29 February 2024.

What is the AUM of Union Balanced Advantage Fund – Direct Growth?

The AUM of Union Balanced Advantage Fund – Direct Growth is ₹13,594 Cr as of 29 February 2024

What are the top stock holdings of Union Balanced Advantage Fund – Direct Growth?

The top stock holdings of Union Balanced Advantage Fund – Direct Growth are
  1. Reliance Industr - 5.2%
  2. ICICI Bank - 3.74%
  3. HDFC Bank - 3.63%
  4. Infosys - 2.93%
  5. NTPC - 2.58%

How can I redeem my investments in Union Balanced Advantage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Union Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now