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Union Balanced Advantage Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

HybridDynamic Asset AllocationVery High Risk

Direct

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NAV (20-Dec-24)

₹20.90-0.90%1D

Returns (Since Inception)

11.17%
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Fund Overview

Fund Size

Fund Size

₹1,457 Cr

Expense Ratio

Expense Ratio

0.98%

ISIN

ISIN

INF582M01DE9

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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 6 years, 11 months and 18 days, having been launched on 04-Jan-18.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹20.90, Assets Under Management (AUM) of 1457.11 Crores, and an expense ratio of 0.98%.
  • Union Balanced Advantage Fund Direct Growth has given a CAGR return of 11.17% since inception.
  • The fund's asset allocation comprises around 33.86% in equities, 9.39% in debts, and 56.75% 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

+13.22%

+15.05% (Cat Avg.)

3 Years

+11.05%

+12.63% (Cat Avg.)

5 Years

+12.79%

+12.86% (Cat Avg.)

Since Inception

+11.17%

— (Cat Avg.)

Portfolio Summaryas of 30th November 2024

Equity₹493.32 Cr33.86%
Debt₹136.89 Cr9.39%
Others₹826.9 Cr56.75%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset₹518.42 Cr35.58%
Derivatives TotalEquity - Future₹-259.21 Cr17.79%
TrepsCash - Repurchase Agreement₹95.2 Cr6.53%
91 DTB 03012025Bond - Gov't/Treasury₹69.6 Cr4.78%
HDFC Bank LtdEquity₹67.43 Cr4.63%
Reliance Industries LtdEquity₹61.07 Cr4.19%
191 DTB 30012025Bond - Gov't/Treasury₹49.47 Cr3.40%
364 Days T - Bill- 06/02/2025Bond - Gov't/Treasury₹49.42 Cr3.39%
ICICI Bank LtdEquity₹49.02 Cr3.36%
Infosys LtdEquity₹41.07 Cr2.82%
Bharti Airtel LtdEquity₹39.05 Cr2.68%
91 DTB 05122024Bond - Gov't/Treasury₹29.98 Cr2.06%
Larsen & Toubro LtdEquity₹28.01 Cr1.92%
Tata Consultancy Services LtdEquity₹26.6 Cr1.83%
Indian Railway Finance Corp Ltd.Bond - Gov't Agency Debt₹25.4 Cr1.74%
Indian Railway Finance Corp Ltd.Bond - Gov't Agency Debt₹25.26 Cr1.73%
Future on Reliance Industries LtdEquity - Future₹-21.92 Cr1.50%
United Spirits LtdEquity₹20.99 Cr1.44%
Bharat Electronics LtdEquity₹20.85 Cr1.43%
Jindal Steel & Power LtdEquity₹20.58 Cr1.41%
Indian Railway Finance Corporation LimitedBond - Corporate Bond₹20.58 Cr1.41%
Future on Tata Motors LtdEquity - Future₹-19.52 Cr1.34%
NTPC LtdEquity₹19.4 Cr1.33%
Tata Motors LtdEquity₹19.38 Cr1.33%
ITC LtdEquity₹18.93 Cr1.30%
HCL Technologies LtdEquity₹18.24 Cr1.25%
Future on Tata Power Co LtdEquity - Future₹-16.04 Cr1.10%
Tata Power Co LtdEquity₹15.93 Cr1.09%
Mphasis LtdEquity₹15.51 Cr1.06%
Power Grid Corporation Of India LimitedBond - Corporate Bond₹15.17 Cr1.04%
Hindustan Unilever LtdEquity₹15.15 Cr1.04%
Government Of India 6.92%Bond - Gov't/Treasury₹15.09 Cr1.04%
Future on Jindal Steel & Power LtdEquity - Future₹-15.08 Cr1.04%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond₹15.06 Cr1.03%
Varun Beverages LtdEquity₹14.99 Cr1.03%
Future on Eicher Motors LtdEquity - Future₹-14.3 Cr0.98%
Eicher Motors LtdEquity₹14.21 Cr0.97%
Mahindra & Mahindra LtdEquity₹14.13 Cr0.97%
Bajaj Finance LtdEquity₹14.11 Cr0.97%
Axis Bank LtdEquity₹13.26 Cr0.91%
Future on Bharti Airtel LtdEquity - Future₹-13.07 Cr0.90%
Net Receivable / PayableCash - Collateral₹12.89 Cr0.88%
Future on United Spirits LtdEquity - Future₹-12.29 Cr0.84%
Oil & Natural Gas Corp LtdEquity₹12.28 Cr0.84%
State Bank of IndiaEquity₹12 Cr0.82%
Lupin LtdEquity₹11.85 Cr0.81%
Sun Pharmaceuticals Industries LtdEquity₹11.66 Cr0.80%
TVS Motor Co LtdEquity₹11.5 Cr0.79%
Maruti Suzuki India LtdEquity₹11.28 Cr0.77%
Future on Bharat Electronics LtdEquity - Future₹-10.96 Cr0.75%
Zomato LtdEquity₹10.96 Cr0.75%
Dixon Technologies (India) LtdEquity₹10.43 Cr0.72%
Rural Electrification Corporation LimitedBond - Corporate Bond₹10.25 Cr0.70%
Future on HCL Technologies LtdEquity - Future₹-10.22 Cr0.70%
Future on HDFC Bank LtdEquity - Future₹-10.22 Cr0.70%
Power Finance Corporation LimitedBond - Corporate Bond₹10.09 Cr0.69%
Future on Adani Ports & Special Economic Zone LtdEquity - Future₹-9.58 Cr0.66%
Adani Ports & Special Economic Zone LtdEquity₹9.52 Cr0.65%
Future on Titan Co LtdEquity - Future₹-9.38 Cr0.64%
Shriram Finance LtdEquity₹9.36 Cr0.64%
Titan Co LtdEquity₹9.32 Cr0.64%
Samvardhana Motherson International LtdEquity₹8.92 Cr0.61%
Max Healthcare Institute Ltd Ordinary SharesEquity₹8.75 Cr0.60%
Future on Hero MotoCorp LtdEquity - Future₹-8.41 Cr0.58%
Hero MotoCorp LtdEquity₹8.36 Cr0.57%
Aadhar Housing Finance LtdEquity₹8.2 Cr0.56%
Future on Vedanta LtdEquity - Future₹-8.18 Cr0.56%
SBI Life Insurance Co LtdEquity₹8.15 Cr0.56%
Vedanta LtdEquity₹8.14 Cr0.56%
Ajanta Pharma LtdEquity₹8.13 Cr0.56%
Future on Vodafone Idea LtdEquity - Future₹-8.12 Cr0.56%
Vodafone Idea LtdEquity₹8.06 Cr0.55%
Pidilite Industries LtdEquity₹7.86 Cr0.54%
Ethos LtdEquity₹7.62 Cr0.52%
JK Cement LtdEquity₹7.56 Cr0.52%
Persistent Systems LtdEquity₹7.55 Cr0.52%
InterGlobe Aviation LtdEquity₹7.38 Cr0.51%
Awfis Space Solutions LtdEquity₹6.94 Cr0.48%
CG Power & Industrial Solutions LtdEquity₹6.92 Cr0.47%
Bharti Hexacom LtdEquity₹6.86 Cr0.47%
Future on Oil & Natural Gas Corp LtdEquity - Future₹-6.85 Cr0.47%
Jio Financial Services LtdEquity₹6.78 Cr0.47%
Future on IndusInd Bank LtdEquity - Future₹-6.76 Cr0.46%
IndusInd Bank LtdEquity₹6.72 Cr0.46%
ABB India LtdEquity₹6.58 Cr0.45%
Future on Bajaj Finance LtdEquity - Future₹-6.53 Cr0.45%
Quess Corp LtdEquity₹6.34 Cr0.44%
Future on Hindustan Unilever LtdEquity - Future₹-6.32 Cr0.43%
Trent LtdEquity₹6.16 Cr0.42%
Birlasoft LtdEquity₹6.06 Cr0.42%
HDFC Asset Management Co LtdEquity₹5.98 Cr0.41%
Info Edge (India) LtdEquity₹5.94 Cr0.41%
Gabriel India LtdEquity₹5.92 Cr0.41%
KFin Technologies LtdEquity₹5.88 Cr0.40%
Max Financial Services LtdEquity₹5.71 Cr0.39%
JSW Energy LtdEquity₹5.68 Cr0.39%
Future on Infosys LtdEquity - Future₹-5.61 Cr0.39%
Cummins India LtdEquity₹5.59 Cr0.38%
Future on Mahindra & Mahindra LtdEquity - Future₹-5.54 Cr0.38%
Escorts Kubota LtdEquity₹5.47 Cr0.38%
Hindalco Industries LtdEquity₹5.37 Cr0.37%
REC LtdEquity₹5.34 Cr0.37%
Ipca Laboratories LtdEquity₹5.32 Cr0.37%
Tata Steel LtdEquity₹5.17 Cr0.35%
Future on Bharat Petroleum Corp LtdEquity - Future₹-5.08 Cr0.35%
Bharat Petroleum Corp LtdEquity₹5.05 Cr0.35%
Cipla LtdEquity₹4.99 Cr0.34%
Aurobindo Pharma LtdEquity₹4.96 Cr0.34%
Gokaldas Exports LtdEquity₹4.94 Cr0.34%
Blue Star LtdEquity₹4.82 Cr0.33%
CE Info Systems LtdEquity₹4.81 Cr0.33%
Coforge LtdEquity₹4.78 Cr0.33%
Future on Tata Communications LtdEquity - Future₹-4.59 Cr0.31%
Future on Ambuja Cements LtdEquity - Future₹-4.57 Cr0.31%
Tata Communications LtdEquity₹4.56 Cr0.31%
Ambuja Cements LtdEquity₹4.54 Cr0.31%
Indian Oil Corporation Ltd. 26-Dec-24Equity - Future₹-4.49 Cr0.31%
Indian Oil Corp LtdEquity₹4.46 Cr0.31%
Power Grid Corp Of India LtdEquity₹4.44 Cr0.30%
Future on Tata Consultancy Services LtdEquity - Future₹-4.43 Cr0.30%
Hitachi Energy India Ltd Ordinary SharesEquity₹4.39 Cr0.30%
Future on NTPC LtdEquity - Future₹-4.22 Cr0.29%
LTIMindtree LtdEquity₹4.06 Cr0.28%
Techno Electric & Engineering Co LtdEquity₹4.03 Cr0.28%
Crompton Greaves Consumer Electricals LtdEquity₹3.85 Cr0.26%
Future on Adani Enterprises LtdEquity - Future₹-3.79 Cr0.26%
Nippon Life India Asset Management Ltd Ordinary SharesEquity₹3.77 Cr0.26%
Adani Enterprises LtdEquity₹3.77 Cr0.26%
Cyient LtdEquity₹3.67 Cr0.25%
Voltas LtdEquity₹3.65 Cr0.25%
Elgi Equipments LtdEquity₹3.65 Cr0.25%
Electronics Mart India LtdEquity₹3.59 Cr0.25%
Future on Maruti Suzuki India LtdEquity - Future₹-3.12 Cr0.21%
364 DTB 26122024Bond - Gov't/Treasury₹1.93 Cr0.13%
Power Finance Corp LtdEquity₹1.44 Cr0.10%

Allocation By Market Cap (Equity)

Large Cap Stocks

36.90%

Mid Cap Stocks

9.87%

Small Cap Stocks

5.18%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services₹217.28 Cr14.91%
Technology₹149.37 Cr10.25%
Consumer Cyclical₹140.14 Cr9.62%
Industrials₹123.43 Cr8.47%
Energy₹86.62 Cr5.94%
Consumer Defensive₹70.07 Cr4.81%
Communication Services₹64.48 Cr4.43%
Basic Materials₹59.23 Cr4.06%
Healthcare₹55.66 Cr3.82%
Utilities₹45.45 Cr3.12%

Risk & Performance Ratios

Standard Deviation

This fund

6.09%

Cat. avg.

7.73%

Lower the better

Sharpe Ratio

This fund

0.74

Cat. avg.

0.81

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.50

Higher the better

Fund Managers

PA

Parijat Agrawal

Since January 2018

SB

Sanjay Bembalkar

Since January 2023

Gaurav Chopra

Gaurav Chopra

Since November 2024

Additional Scheme Detailsas of 30th November 2024

ISIN
INF582M01DE9
Expense Ratio
0.98%
Exit Load
1.00%
Fund Size
₹1,457 Cr
Age
6 years 11 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

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2.2%1.0%₹1145.14 Cr12.2%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1145.14 Cr13.6%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1341.13 Cr28.1%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.1%1.0%₹1341.13 Cr26.2%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2283.37 Cr17.3%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

2.0%1.0%₹2283.37 Cr15.8%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹904.25 Cr16.5%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹904.25 Cr18.5%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1774.80 Cr14.2%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1774.80 Cr12.6%

About the AMC

Union Mutual Fund

Union Mutual Fund

phone+91 022 67483333
e-mailhttps://www.unionmf.com/

Total AUM

₹21,860 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Union Children's Fund Direct Growth

Very High Risk

0.9%0.0%₹59.22 Cr22.2%
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹894.19 Cr46.7%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-7.5%
Union Small Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹5842.20 Cr27.5%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹636.88 Cr17.9%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹80.77 Cr7.8%
Union Value Discovery Fund Direct Growth

Very High Risk

1.3%1.0%₹300.49 Cr21.5%
Union Multicap Fund Direct Growth

Very High Risk

1.0%1.0%₹1090.34 Cr26.6%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1457.11 Cr13.2%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.4%1.0%₹353.91 Cr10.0%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹233.48 Cr8.2%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.3%0.0%₹935.47 Cr20.9%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.2%1.0%₹78.74 Cr8.6%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1090.34 Cr20.8%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹4472.93 Cr7.5%
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1380.72 Cr33.0%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹140.36 Cr9.1%
Union Largecap Fund Direct Growth

Very High Risk

1.6%1.0%₹438.15 Cr16.0%
Union Retirement Fund Direct Growth

Very High Risk

1.2%0.0%₹154.02 Cr22.1%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹257.69 Cr8.3%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹210.03 Cr6.7%
Union Focused Fund Direct Growth

Very High Risk

1.5%1.0%₹423.34 Cr20.1%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹172.67 Cr7.4%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹847.32 Cr24.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Union Balanced Advantage Fund Direct Growth, as of 20-Dec-2024, is ₹20.90.
The fund has generated 13.22% over the last 1 year and 11.05% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 33.86% in equities, 9.39% in bonds, and 56.75% in cash and cash equivalents.
The fund managers responsible for Union Balanced Advantage Fund Direct Growth are:-
  1. Parijat Agrawal
  2. Sanjay Bembalkar
  3. Gaurav Chopra
info
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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