Union Balanced Advantage Fund Direct Growth

Fund Overview

Fund Size

₹1,319 Cr

Expense Ratio

0.98%

ISIN

INF582M01DE9

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

04 Jan 2018

About this fund

Union Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 7 years, 2 months and 24 days, having been launched on 04-Jan-18.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹20.66, Assets Under Management (AUM) of 1318.79 Crores, and an expense ratio of 0.98%.

Union Balanced Advantage Fund Direct Growth has given a CAGR return of 10.56% since inception.
The fund's asset allocation comprises around 38.95% in equities, 14.19% in debts, and 46.86% in cash & cash equivalents.
You can start investing in Union Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

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

+6.94%

+5.81% (Cat Avg.)

3 Years

+10.43%

+11.03% (Cat Avg.)

5 Years

+16.35%

+15.62% (Cat Avg.)

Since Inception

+10.56%

— (Cat Avg.)

Portfolio Summaryas of 28th February 2025

Equity	₹513.62 Cr	38.95%
Debt	₹187.17 Cr	14.19%
Others	₹618 Cr	46.86%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹371 Cr	28.13%
Derivatives Total	Equity - Future	₹-185.5 Cr	14.07%
Treps	Cash - Repurchase Agreement	₹148.78 Cr	11.28%
Reliance Industries Ltd	Equity	₹56.71 Cr	4.30%
HDFC Bank Ltd	Equity	₹55.94 Cr	4.24%
National Stock Exchange Of India Ltd. 27-Mar-25	Equity Index - Future	₹52.14 Cr	3.95%
182 DTB 10042025	Bond - Gov't/Treasury	₹49.65 Cr	3.76%
ICICI Bank Ltd	Equity	₹45.4 Cr	3.44%
182 DTB 08052025	Bond - Gov't/Treasury	₹39.52 Cr	3.00%
Bharti Airtel Ltd	Equity	₹37.69 Cr	2.86%
Infosys Ltd	Equity	₹37.41 Cr	2.84%
6.92% Govt Stock 2039	Bond - Gov't/Treasury	₹30.05 Cr	2.28%
Indian Railway Finance Corp Ltd.	Bond - Gov't Agency Debt	₹25.25 Cr	1.91%
Indian Railway Finance Corp Ltd.	Bond - Gov't Agency Debt	₹25.12 Cr	1.90%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹24.71 Cr	1.87%
Larsen & Toubro Ltd	Equity	₹23.79 Cr	1.80%
Tata Consultancy Services Ltd	Equity	₹21.7 Cr	1.65%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹20.43 Cr	1.55%
Future on Reliance Industries Ltd	Equity - Future	₹-20.33 Cr	1.54%
Hindustan Unilever Ltd	Equity	₹19.34 Cr	1.47%
Bajaj Finance Ltd	Equity	₹18.3 Cr	1.39%
Future on Titan Co Ltd	Equity - Future	₹-17.82 Cr	1.35%
Titan Co Ltd	Equity	₹17.72 Cr	1.34%
Indus Towers Ltd. 27-Mar-25	Equity - Future	₹-17.69 Cr	1.34%
Indus Towers Ltd Ordinary Shares	Equity	₹17.59 Cr	1.33%
Jindal Steel & Power Ltd	Equity	₹17.52 Cr	1.33%
Mahindra & Mahindra Ltd	Equity	₹17.34 Cr	1.31%
Kotak Mahindra Bank Ltd	Equity	₹15.74 Cr	1.19%
ITC Ltd	Equity	₹15.68 Cr	1.19%
InterGlobe Aviation Ltd	Equity	₹15.6 Cr	1.18%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹15.07 Cr	1.14%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹15.04 Cr	1.14%
Maruti Suzuki India Ltd	Equity	₹13.3 Cr	1.01%
Future on Tata Power Co Ltd	Equity - Future	₹-13.09 Cr	0.99%
Tata Power Co Ltd	Equity	₹13.05 Cr	0.99%
Future on Bharti Airtel Ltd	Equity - Future	₹-12.6 Cr	0.96%
Future on Jindal Steel & Power Ltd	Equity - Future	₹-12.27 Cr	0.93%
HCL Technologies Ltd	Equity	₹11.85 Cr	0.90%
Axis Bank Ltd	Equity	₹11.85 Cr	0.90%
Lupin Ltd	Equity	₹11.01 Cr	0.83%
Oil & Natural Gas Corp Ltd	Equity	₹10.77 Cr	0.82%
Varun Beverages Ltd	Equity	₹10.52 Cr	0.80%
TVS Motor Co Ltd	Equity	₹10.52 Cr	0.80%
Sun Pharmaceuticals Industries Ltd	Equity	₹10.44 Cr	0.79%
Future on United Spirits Ltd	Equity - Future	₹-10.29 Cr	0.78%
United Spirits Ltd	Equity	₹10.25 Cr	0.78%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹10.18 Cr	0.77%
Future on Infosys Ltd	Equity - Future	₹-10.12 Cr	0.77%
Power Finance Corporation Limited	Bond - Corporate Bond	₹10.02 Cr	0.76%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹9.96 Cr	0.76%
Future on Mahindra & Mahindra Ltd	Equity - Future	₹-9.88 Cr	0.75%
State Bank of India	Equity	₹9.85 Cr	0.75%
Bharat Electronics Ltd	Equity	₹9.64 Cr	0.73%
Shriram Finance Ltd	Equity	₹9.57 Cr	0.73%
Dixon Technologies (India) Ltd	Equity	₹9.19 Cr	0.70%
Eicher Motors Ltd	Equity	₹9.11 Cr	0.69%
REC Ltd	Equity	₹9.05 Cr	0.69%
Net Receivable / Payable	Cash - Collateral	₹9.05 Cr	0.69%
Future on Bajaj Auto Ltd	Equity - Future	₹-9 Cr	0.68%
Bajaj Auto Ltd	Equity	₹8.95 Cr	0.68%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹8.73 Cr	0.66%
Zomato Ltd	Equity	₹8.7 Cr	0.66%
Future on Adani Ports & Special Economic Zone Ltd	Equity - Future	₹-8.59 Cr	0.65%
Adani Ports & Special Economic Zone Ltd	Equity	₹8.56 Cr	0.65%
Future on Bajaj Finance Ltd	Equity - Future	₹-8.47 Cr	0.64%
JK Cement Ltd	Equity	₹7.76 Cr	0.59%
Future on Tata Motors Ltd	Equity - Future	₹-7.59 Cr	0.58%
Tata Motors Ltd	Equity	₹7.54 Cr	0.57%
Coromandel International Ltd	Equity	₹7.5 Cr	0.57%
NTPC Green Energy Ltd	Equity	₹7.42 Cr	0.56%
Future on Vodafone Idea Ltd	Equity - Future	₹-7.31 Cr	0.55%
Vodafone Idea Ltd	Equity	₹7.28 Cr	0.55%
Aadhar Housing Finance Ltd	Equity	₹7.21 Cr	0.55%
NTPC Ltd	Equity	₹7.13 Cr	0.54%
Future on Vedanta Ltd	Equity - Future	₹-7.12 Cr	0.54%
Vedanta Ltd	Equity	₹7.08 Cr	0.54%
Pidilite Industries Ltd	Equity	₹6.81 Cr	0.52%
Tata Steel Ltd	Equity	₹6.73 Cr	0.51%
Ajanta Pharma Ltd	Equity	₹6.69 Cr	0.51%
Awfis Space Solutions Ltd	Equity	₹6.53 Cr	0.50%
Future on Hero MotoCorp Ltd	Equity - Future	₹-6.49 Cr	0.49%
Hero MotoCorp Ltd	Equity	₹6.46 Cr	0.49%
Krishna Institute of Medical Sciences Ltd	Equity	₹6.25 Cr	0.47%
Gabriel India Ltd	Equity	₹6.19 Cr	0.47%
Solar Industries India Ltd	Equity	₹6.1 Cr	0.46%
Future on Oil & Natural Gas Corp Ltd	Equity - Future	₹-6.02 Cr	0.46%
Mphasis Ltd	Equity	₹5.88 Cr	0.45%
UltraTech Cement Ltd	Equity	₹5.87 Cr	0.45%
Ethos Ltd	Equity	₹5.86 Cr	0.44%
Future on Hindustan Unilever Ltd	Equity - Future	₹-5.55 Cr	0.42%
CG Power & Industrial Solutions Ltd	Equity	₹5.41 Cr	0.41%
Quess Corp Ltd	Equity	₹5.38 Cr	0.41%
JSW Energy Ltd	Equity	₹5.21 Cr	0.40%
Hindalco Industries Ltd	Equity	₹5.19 Cr	0.39%
HDFC Asset Management Co Ltd	Equity	₹5.16 Cr	0.39%
Future on Grasim Industries Ltd	Equity - Future	₹-5.05 Cr	0.38%
Max Financial Services Ltd	Equity	₹5.03 Cr	0.38%
Grasim Industries Ltd	Equity	₹5.02 Cr	0.38%
Blue Star Ltd	Equity	₹4.99 Cr	0.38%
Future on HCL Technologies Ltd	Equity - Future	₹-4.98 Cr	0.38%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-4.98 Cr	0.38%
Ipca Laboratories Ltd	Equity	₹4.68 Cr	0.35%
Cipla Ltd	Equity	₹4.57 Cr	0.35%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-4.5 Cr	0.34%
Trent Ltd	Equity	₹4.4 Cr	0.33%
Cummins India Ltd	Equity	₹4.36 Cr	0.33%
Birlasoft Ltd	Equity	₹4.35 Cr	0.33%
Jio Financial Services Ltd	Equity	₹4.29 Cr	0.33%
Future on Eicher Motors Ltd	Equity - Future	₹-4.28 Cr	0.32%
Gokaldas Exports Ltd	Equity	₹4.18 Cr	0.32%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹4.13 Cr	0.31%
Coforge Ltd	Equity	₹4.05 Cr	0.31%
Future on Ambuja Cements Ltd	Equity - Future	₹-3.99 Cr	0.30%
Ambuja Cements Ltd	Equity	₹3.98 Cr	0.30%
Future on REC Ltd	Equity - Future	₹-3.95 Cr	0.30%
Indian Oil Corporation Ltd. 27-Mar-25	Equity - Future	₹-3.67 Cr	0.28%
Indian Oil Corp Ltd	Equity	₹3.65 Cr	0.28%
Future on Tata Consultancy Services Ltd	Equity - Future	₹-3.62 Cr	0.27%
Persistent Systems Ltd	Equity	₹3.44 Cr	0.26%
Power Grid Corp Of India Ltd	Equity	₹3.38 Cr	0.26%
Future on Adani Enterprises Ltd	Equity - Future	₹-3.22 Cr	0.24%
Adani Enterprises Ltd	Equity	₹3.21 Cr	0.24%
Delhivery Ltd	Equity	₹3.09 Cr	0.23%
Future on Delhivery Ltd	Equity - Future	₹-3.08 Cr	0.23%
LTIMindtree Ltd	Equity	₹3.07 Cr	0.23%
Crompton Greaves Consumer Electricals Ltd	Equity	₹3.02 Cr	0.23%
Voltas Ltd	Equity	₹2.91 Cr	0.22%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹2.82 Cr	0.21%
Techno Electric & Engineering Co Ltd	Equity	₹2.67 Cr	0.20%
Inventurus Knowledge Solutions Ltd	Equity	₹2.32 Cr	0.18%
Future on HDFC Bank Ltd	Equity - Future	₹-2.1 Cr	0.16%
182 DTB 05062025	Bond - Gov't/Treasury	₹1.33 Cr	0.10%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹200.22 Cr	15.18%
Consumer Cyclical	₹126.19 Cr	9.57%
Technology	₹100.94 Cr	7.65%
Industrials	₹94.15 Cr	7.14%
Basic Materials	₹79.56 Cr	6.03%
Energy	₹74.35 Cr	5.64%
Communication Services	₹62.55 Cr	4.74%
Consumer Defensive	₹55.8 Cr	4.23%
Healthcare	₹54.68 Cr	4.15%
Utilities	₹36.19 Cr	2.74%

Risk & Performance Ratios

Fund Managers

Parijat Agrawal

Since January 2018

Sanjay Bembalkar

Since January 2023

Gaurav Chopra

Since November 2024

Additional Scheme Detailsas of 28th February 2025

ISIN

INF582M01DE9

Expense Ratio

0.98%

Exit Load

1.00%

Fund Size

₹1,319 Cr

Age

7 years 2 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 50 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 Dynamic Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk	2.3%	1.0%	₹890.56 Cr	-6.5%
Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹890.56 Cr	-5.3%
Quant Dynamic Asset Allocation Fund Direct Growth High Risk	0.7%	1.0%	₹1140.21 Cr	3.7%
Quant Dynamic Asset Allocation Fund Regular Growth High Risk	2.2%	1.0%	₹1140.21 Cr	2.2%
Bandhan Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	0.0%	₹2141.18 Cr	9.9%
Bandhan Balanced Advantage Fund Regular Growth Moderately High risk	2.0%	0.0%	₹2141.18 Cr	8.5%
Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk	2.3%	1.0%	₹843.27 Cr	5.6%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹843.27 Cr	7.4%
Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	1.0%	₹1695.72 Cr	10.4%
Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk	2.1%	1.0%	₹1695.72 Cr	8.8%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹22,892 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
Union Children's Fund Direct Growth Very High Risk	1.1%	0.0%	₹56.70 Cr	10.0%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹791.61 Cr	15.3%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk	-	0.0%	₹25.17 Cr	7.7%
Union Small Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹5311.92 Cr	8.1%
Union Hybrid Equity Fund Direct Growth Very High Risk	0.9%	1.0%	₹575.71 Cr	7.5%
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%	₹268.43 Cr	8.3%
Union Multicap Fund Direct Growth Very High Risk	1.0%	1.0%	₹959.13 Cr	9.9%
Union Balanced Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1318.79 Cr	6.9%
Union Equity Savings Fund Direct Growth Moderate Risk	1.4%	1.0%	₹393.07 Cr	6.2%
Union Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹231.08 Cr	7.7%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.5%	0.0%	₹800.30 Cr	6.8%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.2%	1.0%	₹78.06 Cr	8.8%
Union Flexi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1994.95 Cr	6.1%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5287.85 Cr	7.4%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1195.82 Cr	12.1%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹111.74 Cr	9.2%
Union Largecap Fund Direct Growth Very High Risk	1.4%	1.0%	₹401.13 Cr	4.4%
Union Retirement Fund Direct Growth Very High Risk	0.9%	0.0%	₹141.93 Cr	8.1%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.4%	1.0%	₹328.33 Cr	8.6%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹194.50 Cr	6.6%
Union Focused Fund Direct Growth Very High Risk	1.4%	1.0%	₹363.49 Cr	4.8%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹197.96 Cr	7.5%
Union Large & Midcap Fund Direct Growth Very High Risk	1.1%	1.0%	₹17818.19 Cr	8.6%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

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

The NAV of Union Balanced Advantage Fund Direct Growth, as of 27-Mar-2025, is ₹20.66.

What are the returns of Union Balanced Advantage Fund Direct Growth?

The fund has generated 6.94% over the last 1 year and 10.43% 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 Balanced Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 38.95% in equities, 14.19% in bonds, and 46.86% in cash and cash equivalents.

Who manages the Union Balanced Advantage Fund Direct Growth?

The fund managers responsible for Union Balanced Advantage Fund Direct Growth are:-

Parijat Agrawal
Sanjay Bembalkar
Gaurav Chopra

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.

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Fund Overview

Fund Size

₹1,319 Cr

Expense Ratio

0.98%

ISIN

INF582M01DE9

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

04 Jan 2018

Risk Level

Your principal amount will be at Very High Risk