Union Balanced Advantage Fund Regular Growth

Fund Overview

Fund Size

₹1,572 Cr

Expense Ratio

2.11%

ISIN

INF582M01DI0

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

04 Jan 2018

About this fund

Union Balanced Advantage Fund Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 6 years, 8 months and 3 days, having been launched on 04-Jan-18.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹19.75, Assets Under Management (AUM) of 1572.46 Crores, and an expense ratio of 2.11%.

Union Balanced Advantage Fund Regular Growth has given a CAGR return of 10.74% since inception.
The fund's asset allocation comprises around 67.98% in equities, 8.76% in debts, and 23.26% in cash & cash equivalents.
You can start investing in Union Balanced Advantage Fund Regular 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

+19.70%

+25.13% (Cat Avg.)

3 Years

+9.85%

+13.07% (Cat Avg.)

5 Years

+13.17%

+14.78% (Cat Avg.)

Since Inception

+10.74%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2024

Equity	₹1,069.02 Cr	67.98%
Debt	₹137.69 Cr	8.76%
Others	₹365.75 Cr	23.26%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
National Stock Exchange Of India Ltd. 29-Aug-24	Equity Index - Future	₹139.01 Cr	8.84%
Cash Offset For Derivatives	Cash - General Offset	₹95 Cr	6.04%
HDFC Bank Ltd	Equity	₹82.69 Cr	5.26%
Reliance Industries Ltd	Equity	₹77.7 Cr	4.94%
91 DTB 08082024	Bond - Gov't/Treasury	₹69.91 Cr	4.45%
Treps	Cash - Repurchase Agreement	₹68.88 Cr	4.38%
ICICI Bank Ltd	Equity	₹63.65 Cr	4.05%
91 DTB 05092024	Bond - Gov't/Treasury	₹49.69 Cr	3.16%
India (Republic of)	Bond - Short-term Government Bills	₹49.63 Cr	3.16%
Infosys Ltd	Equity	₹36.54 Cr	2.32%
State Bank of India	Equity	₹35.83 Cr	2.28%
ITC Ltd	Equity	₹35.36 Cr	2.25%
Bharti Airtel Ltd	Equity	₹35.36 Cr	2.25%
Larsen & Toubro Ltd	Equity	₹32.79 Cr	2.08%
Net Receivable / Payable	Cash - Collateral	₹32.64 Cr	2.08%
Maruti Suzuki India Ltd	Equity	₹29.68 Cr	1.89%
Bharat Electronics Ltd	Equity	₹29.56 Cr	1.88%
Tata Consultancy Services Ltd	Equity	₹26.06 Cr	1.66%
Future on Reliance Industries Ltd	Equity - Future	₹-25.45 Cr	1.62%
Indian Railway Finance Corp Ltd.	Bond - Gov't Agency Debt	₹25.16 Cr	1.60%
Indian Railway Finance Corp Ltd.	Bond - Gov't Agency Debt	₹25.02 Cr	1.59%
NTPC Ltd	Equity	₹24.52 Cr	1.56%
Indus Towers Ltd Ordinary Shares	Equity	₹22.98 Cr	1.46%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹20.36 Cr	1.30%
TVS Motor Co Ltd	Equity	₹18.31 Cr	1.16%
Future on Tata Power Co Ltd	Equity - Future	₹-17.57 Cr	1.12%
Tata Power Co Ltd	Equity	₹17.45 Cr	1.11%
Varun Beverages Ltd	Equity	₹17.42 Cr	1.11%
Oil & Natural Gas Corp Ltd	Equity	₹17 Cr	1.08%
Future on Jindal Steel & Power Ltd	Equity - Future	₹-16.6 Cr	1.06%
Jindal Steel & Power Ltd	Equity	₹16.55 Cr	1.05%
Future on Vodafone Idea Ltd	Equity - Future	₹-15.84 Cr	1.01%
Future on HDFC Bank Ltd	Equity - Future	₹-15.82 Cr	1.01%
Vodafone Idea Ltd	Equity	₹15.68 Cr	1.00%
Axis Bank Ltd	Equity	₹15.56 Cr	0.99%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹15.11 Cr	0.96%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹15 Cr	0.95%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹14.99 Cr	0.95%
Cipla Ltd	Equity	₹14.89 Cr	0.95%
Future on Adani Ports & Special Economic Zone Ltd	Equity - Future	₹-12.65 Cr	0.80%
Adani Ports & Special Economic Zone Ltd	Equity	₹12.56 Cr	0.80%
ABB India Ltd	Equity	₹12.39 Cr	0.79%
Samvardhana Motherson International Ltd	Equity	₹12.33 Cr	0.78%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹12.19 Cr	0.78%
SBI Life Insurance Company Limited	Equity	₹11.39 Cr	0.72%
Future on United Spirits Ltd	Equity - Future	₹-11.34 Cr	0.72%
United Spirits Ltd	Equity	₹11.28 Cr	0.72%
Future on Bharat Electronics Ltd	Equity - Future	₹-11.22 Cr	0.71%
CG Power & Industrial Solutions Ltd	Equity	₹11.21 Cr	0.71%
Phoenix Mills Ltd	Equity	₹11.01 Cr	0.70%
Tata Motors Ltd Class A	Equity	₹10.81 Cr	0.69%
Godrej Properties Ltd	Equity	₹10.58 Cr	0.67%
Shriram Finance Ltd	Equity	₹10.41 Cr	0.66%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-10.3 Cr	0.65%
Zomato Ltd	Equity	₹10.27 Cr	0.65%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹10.16 Cr	0.65%
Power Finance Corporation Limited	Bond - Corporate Bond	₹10 Cr	0.64%
Future on IndusInd Bank Ltd	Equity - Future	₹-9.71 Cr	0.62%
Mahindra & Mahindra Ltd	Equity	₹9.68 Cr	0.62%
IndusInd Bank Ltd	Equity	₹9.64 Cr	0.61%
PB Fintech Ltd	Equity	₹9.56 Cr	0.61%
Lupin Ltd	Equity	₹9.45 Cr	0.60%
Future on Ashok Leyland Ltd	Equity - Future	₹-9.42 Cr	0.60%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹9.41 Cr	0.60%
Ashok Leyland Ltd	Equity	₹9.38 Cr	0.60%
Sun Pharmaceuticals Industries Ltd	Equity	₹9.23 Cr	0.59%
Dixon Technologies (India) Ltd	Equity	₹9.12 Cr	0.58%
Mphasis Ltd	Equity	₹8.98 Cr	0.57%
Future on Oil & Natural Gas Corp Ltd	Equity - Future	₹-8.87 Cr	0.56%
Power Grid Corp Of India Ltd	Equity	₹8.59 Cr	0.55%
Future on Tech Mahindra Ltd	Equity - Future	₹-8.52 Cr	0.54%
Coal India Ltd	Equity	₹8.51 Cr	0.54%
Tech Mahindra Ltd	Equity	₹8.49 Cr	0.54%
Ethos Ltd	Equity	₹8.42 Cr	0.54%
Ajanta Pharma Ltd	Equity	₹8.3 Cr	0.53%
HCL Technologies Ltd	Equity	₹8.21 Cr	0.52%
Vedanta Ltd	Equity	₹8.09 Cr	0.51%
Oil India Ltd	Equity	₹8.08 Cr	0.51%
Future on Vedanta Ltd	Equity - Future	₹-8.07 Cr	0.51%
Birlasoft Ltd	Equity	₹7.92 Cr	0.50%
Jio Financial Services Ltd	Equity	₹7.76 Cr	0.49%
Gabriel India Ltd	Equity	₹7.6 Cr	0.48%
Prestige Estates Projects Ltd	Equity	₹7.58 Cr	0.48%
CE Info Systems Ltd	Equity	₹7.46 Cr	0.47%
REC Ltd	Equity	₹7.38 Cr	0.47%
Escorts Kubota Ltd	Equity	₹7.35 Cr	0.47%
JSW Energy Ltd	Equity	₹7.22 Cr	0.46%
Persistent Systems Ltd	Equity	₹7.07 Cr	0.45%
Cummins India Ltd	Equity	₹7.06 Cr	0.45%
Future on Hindustan Unilever Ltd	Equity - Future	₹-6.85 Cr	0.44%
Hindustan Unilever Ltd	Equity	₹6.82 Cr	0.43%
Future on Bajaj Finance Ltd	Equity - Future	₹-6.77 Cr	0.43%
Tata Steel Ltd	Equity	₹6.77 Cr	0.43%
Bajaj Finance Ltd	Equity	₹6.72 Cr	0.43%
HDFC Asset Management Co Ltd	Equity	₹6.7 Cr	0.43%
Indus Towers Ltd. 29-Aug-24	Equity - Future	₹-6.67 Cr	0.42%
Bharti Hexacom Ltd	Equity	₹6.49 Cr	0.41%
Max Financial Services Ltd	Equity	₹6.41 Cr	0.41%
KNR Constructions Ltd	Equity	₹6.3 Cr	0.40%
Central Depository Services (India) Ltd	Equity	₹6.3 Cr	0.40%
Hindalco Industries Ltd	Equity	₹6.27 Cr	0.40%
InterGlobe Aviation Ltd	Equity	₹6.26 Cr	0.40%
Finolex Industries Ltd	Equity	₹6.17 Cr	0.39%
Future on Bharat Petroleum Corp Ltd	Equity - Future	₹-6.07 Cr	0.39%
Bharat Petroleum Corp Ltd	Equity	₹6.05 Cr	0.38%
Indian Oil Corporation Ltd. 29-Aug-24	Equity - Future	₹-5.88 Cr	0.37%
Indian Oil Corp Ltd	Equity	₹5.85 Cr	0.37%
Gokaldas Exports Ltd	Equity	₹5.61 Cr	0.36%
Future on ITC Ltd	Equity - Future	₹-5.51 Cr	0.35%
Techno Electric & Engineering Co Ltd	Equity	₹5.35 Cr	0.34%
Future on Tata Communications Ltd	Equity - Future	₹-5.21 Cr	0.33%
Tata Communications Ltd	Equity	₹5.18 Cr	0.33%
Blue Star Ltd	Equity	₹5.13 Cr	0.33%
KFin Technologies Ltd	Equity	₹5.05 Cr	0.32%
Electronics Mart India Ltd	Equity	₹5 Cr	0.32%
Future on Adani Enterprises Ltd	Equity - Future	₹-4.89 Cr	0.31%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹4.87 Cr	0.31%
Adani Enterprises Ltd	Equity	₹4.85 Cr	0.31%
Future on Titan Co Ltd	Equity - Future	₹-4.82 Cr	0.31%
Titan Co Ltd	Equity	₹4.78 Cr	0.30%
Wonderla Holidays Ltd	Equity	₹3.28 Cr	0.21%
Carborundum Universal Ltd	Equity	₹2.42 Cr	0.15%
364 DTB 26122024	Bond - Gov't/Treasury	₹1.89 Cr	0.12%
Power Finance Corp Ltd	Equity	₹1.86 Cr	0.12%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹281.85 Cr	17.92%
Industrials	₹166.12 Cr	10.56%
Technology	₹129.77 Cr	8.25%
Energy	₹128.03 Cr	8.14%
Consumer Cyclical	₹125.77 Cr	8.00%
Communication Services	₹85.69 Cr	5.45%
Consumer Defensive	₹70.87 Cr	4.51%
Utilities	₹57.78 Cr	3.67%
Healthcare	₹51.28 Cr	3.26%
Basic Materials	₹37.68 Cr	2.40%
Real Estate	₹29.18 Cr	1.86%

Risk & Performance Ratios

Fund Managers

Parijat Agrawal

Since January 2018

Hardick Bora

Since June 2018

Sanjay Bembalkar

Since January 2023

Additional Scheme Detailsas of 31st July 2024

ISIN

INF582M01DI0

Expense Ratio

2.11%

Exit Load

1.00%

Fund Size

₹1,572 Cr

Age

04 Jan 2018

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:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

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	2.2%	1.0%	₹1270.57 Cr	25.3%
Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1270.57 Cr	26.9%
Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk	0.7%	1.0%	₹1334.25 Cr	52.1%
Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk	2.1%	1.0%	₹1334.25 Cr	49.8%
Bandhan Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹2302.17 Cr	22.1%
Bandhan Balanced Advantage Fund Regular Growth Moderately High risk	2.0%	1.0%	₹2302.17 Cr	20.5%
Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹886.22 Cr	26.4%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.5%	1.0%	₹886.22 Cr	28.6%
Mirae Asset Balanced Advantage Fund Direct Growth High Risk	0.7%	1.0%	₹1691.93 Cr	22.5%
Mirae Asset Balanced Advantage Fund Regular Growth High Risk	2.1%	1.0%	₹1691.93 Cr	20.8%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹20,996 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	0.8%	0.0%	₹54.56 Cr	-
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹776.95 Cr	41.2%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk	-	0.0%	-	7.8%
Union Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹4860.19 Cr	31.7%
Union Hybrid Equity Fund Direct Growth Very High Risk	1.2%	1.0%	₹648.99 Cr	26.9%
Union Medium Duration Fund Direct Growth Moderate Risk	0.6%	1.0%	₹239.50 Cr	7.8%
Union Value Discovery Fund Direct Growth Very High Risk	1.3%	1.0%	₹282.36 Cr	38.2%
Union Multicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1053.06 Cr	36.2%
Union Balanced Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹1572.46 Cr	21.0%
Union Equity Savings Fund Direct Growth Moderate Risk	1.4%	1.0%	₹226.18 Cr	14.0%
Union Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹234.99 Cr	8.4%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.3%	0.0%	₹960.42 Cr	33.1%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.2%	1.0%	₹109.75 Cr	8.8%
Union Flexi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1053.06 Cr	32.2%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4794.55 Cr	7.4%
Union Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1372.06 Cr	41.4%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹172.14 Cr	9.7%
Union Largecap Fund Direct Growth Very High Risk	1.5%	1.0%	₹393.63 Cr	29.3%
Union Retirement Fund Direct Growth Very High Risk	1.1%	0.0%	₹144.33 Cr	34.3%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.4%	1.0%	₹349.94 Cr	7.9%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹244.99 Cr	6.8%
Union Focused Fund Direct Growth Very High Risk	1.5%	1.0%	₹426.98 Cr	26.4%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹175.41 Cr	7.2%
Union Large & Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹849.33 Cr	33.5%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

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

The NAV of Union Balanced Advantage Fund Regular Growth, as of 06-Sep-2024, is ₹19.75.

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

The fund has generated 19.70% over the last 1 year and 9.85% 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 Regular Growth?

The fund's allocation of assets is distributed as 67.98% in equities, 8.76% in bonds, and 23.26% in cash and cash equivalents.

Who manages the Union Balanced Advantage Fund Regular Growth?

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

Parijat Agrawal
Hardick Bora
Sanjay Bembalkar

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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