Union Balanced Advantage Fund – Direct Growth

₹ 500
Min SIP
₹ 1,000
Min Lumpsum
1.17 %
Expense Ratio
★★★
Rating
1,628
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 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 21.1% 10.4% 12.7% 11.1%
Category Average 27.9% 15.3% 15.2% -

Scheme Allocation

By Holding
By Sector
By Asset
3.73%
3.38%
2.97%
Others
82.35%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 5.36%
HDFC Bank Banks Equity 3.73%
ICICI Bank Banks Equity 3.38%
Infosys IT - Software Equity 2.97%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.21%
NTPC Power Generation & Distribution Equity 2.2%
Bharat Electron Aerospace & Defence Equity 2.03%
St Bk of India Banks Equity 2.02%
Bharti Airtel Telecomm-Service Equity 1.98%
Axis Bank Banks Equity 1.64%
Coal India Mining & Mineral products Equity 1.63%
TCS IT - Software Equity 1.49%
Sun Pharma.Inds. Pharmaceuticals Equity 1.43%
Tata Power Co. Power Generation & Distribution Equity 1.43%
HCL Technologies IT - Software Equity 1.42%
Titan Company Diamond, Gems and Jewellery Equity 1.39%
Varun Beverages FMCG Equity 1.34%
Tata Motors-DVR Automobile Equity 1.15%
Tata Consumer Plantation & Plantation Products Equity 1.14%
UltraTech Cem. Cement Equity 1.14%
Shriram Finance Finance Equity 1.12%
TVS Motor Co. Automobile Equity 1.12%
Tech Mahindra IT - Software Equity 0.89%
Cipla Pharmaceuticals Equity 0.88%
ITC Tobacco Products Equity 0.88%
Grasim Inds Textiles Equity 0.84%
DLF Realty Equity 0.84%
O N G C Crude Oil & Natural Gas Equity 0.83%
Max Healthcare Healthcare Equity 0.83%
Jio Financial Finance Equity 0.76%
Bajaj Auto Automobile Equity 0.67%
Canara Bank Banks Equity 0.66%
KFin Technolog. Miscellaneous Equity 0.62%
PB Fintech. IT - Software Equity 0.62%
SBI Life Insuran Insurance Equity 0.62%
IndusInd Bank Banks Equity 0.61%
Phoenix Mills Realty Equity 0.6%
Sonata Software IT - Software Equity 0.58%
Divi's Lab. Pharmaceuticals Equity 0.58%
B H E L Capital Goods - Electrical Equipment Equity 0.57%
JSW Energy Power Generation & Distribution Equity 0.57%
United Spirits Alcoholic Beverages Equity 0.57%
Nestle India FMCG Equity 0.57%
Abbott India Pharmaceuticals Equity 0.56%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.56%
Power Grid Corpn Power Generation & Distribution Equity 0.55%
Godrej Propert. Realty Equity 0.54%
B P C L Refineries Equity 0.52%
Gokaldas Exports Readymade Garments/ Apparells Equity 0.52%
Sona BLW Precis. Auto Ancillaries Equity 0.51%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 0.5%
Spandana Sphoort Finance Equity 0.45%
UPL Agro Chemicals Equity 0.45%
Hindalco Inds. Non Ferrous Metals Equity 0.44%
A B B Capital Goods - Electrical Equipment Equity 0.42%
Bajaj Finance Finance Equity 0.39%
Ethos Ltd Retail Equity 0.39%
Gabriel India Auto Ancillaries Equity 0.39%
Angel One Stock/ Commodity Brokers Equity 0.38%
C D S L Miscellaneous Equity 0.38%
Hind. Unilever FMCG Equity 0.37%
Indus Towers Telecomm Equipment & Infra Services Equity 0.35%
Cyient IT - Software Equity 0.34%
Polycab India Cables Equity 0.34%
I O C L Refineries Equity 0.33%
Tata Comm Telecomm-Service Equity 0.31%
Adani Enterp. Trading Equity 0.31%
Vedanta Mining & Mineral products Equity 0.3%
Electronics Mart Retail Equity 0.29%
Maruti Suzuki Automobile Equity 0.28%
REC Ltd Finance Equity 0.28%
Power Fin.Corpn. Finance Equity 0.28%
Jubilant Food. Quick Service Restaurant Equity 0.08%
Debt
29.3%
Banks
12.04%
IT-Software
7.35%
Petroleum Products
6.21%
Power
4.75%
Others
40.35%
View all Sectors
Sectors Asset
Debt 29.3%
Banks 12.04%
IT-Software 7.35%
Petroleum Products 6.21%
Power 4.75%
Pharmaceuticals & Biotech 3.45%
Finance 3.28%
Automobiles 3.22%
Telecom-Services 2.64%
Construction 2.21%
Aerospace & Defense 2.03%
Realty 1.98%
Cement & Cement Products 1.98%
Beverages 1.91%
Consumer Durables 1.78%
Consumable Fuels 1.63%
Electrical Equipments 1.49%
Capital Markets 1.38%
Diversified FMCG 1.25%
Agricultural Food & other 1.14%
Cash & Others 0.98%
Auto Components 0.9%
Retailing 0.85%
Oil 0.83%
Healthcare Services 0.83%
Insurance 0.62%
Financial Technology (Fin 0.62%
Food Products 0.57%
Textiles & Apparels 0.52%
Fertilisers & Agrochemica 0.45%
Non-Ferrous Metals 0.44%
Industrial Products 0.34%
IT-Services 0.34%
Metals & Minerals Trading 0.31%
Diversified Metals 0.3%
Leisure Services 0.08%
Equity
69.72%
T-Bills
14.42%
Corporate Debentures
8.26%
Reverse Repos
6.62%
Net Curr Ass/Net Receivables
0.98%

Advance Ratio

0.9
Alpha
1.63
SD
0.41
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

More Funds from Union Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

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 ₹19.2 as of 18 March 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 - 29.3%
  2. Banks - 12.04%
  3. IT-Software - 7.35%
  4. Petroleum Products - 6.21%
  5. Power - 4.75%

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 11.1% 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 1.17 % as of 18 March 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 18 March 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 - 5.36%
  2. HDFC Bank - 3.73%
  3. ICICI Bank - 3.38%
  4. Infosys - 2.97%
  5. Larsen & Toubro - 2.21%

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