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3 Year return

13.65%
Launched on December 2017 (8 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

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High Risk

Scheme Information

Asset Under Management

₹1383.05 Cr.

Expense Ratio

0.99% (inclusive of GST)

Exit Load

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

Ratings

ARQ Rating
4

Ratings by other agencies

3
0
4

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings
Top Holdings% of Asset
HDFC Bank Ltd5.17%
ICICI Bank Ltd4.38%
Reliance Industries Ltd4.00%
Bharti Airtel Ltd3.17%
Infosys Ltd2.41%
Others80.87%
Other Holdings% of Asset
Interglobe Aviation Ltd1.93%
Indian Railway Finance Corporation Ltd1.88%
Indian Railway Finance Corporation Ltd1.88%
Power Grid Corporation of India Ltd1.84%
Larsen & Toubro Ltd1.82%
Tata Consultancy Services Ltd1.56%
Indian Railway Finance Corporation Ltd1.52%
Hindustan Unilever Ltd1.50%
Mahindra & Mahindra Ltd1.44%
State Bank of India1.41%
Bajaj Finance Ltd1.30%
Kotak Mahindra Bank Ltd1.25%
ITC Ltd1.23%
Titan Company Ltd1.20%
TVS Motor Company Ltd1.15%
Axis Bank Ltd1.14%
Power Grid Corporation of India Ltd1.12%
Tata Power Company Ltd1.07%
Varun Beverages Ltd0.91%
Lupin Ltd0.88%
Sun Pharmaceutical Industries Ltd0.87%
Oil & Natural Gas Corpn Ltd0.85%
Dixon Technologies (India) Ltd0.79%
REC Ltd0.77%
REC Ltd0.76%
Power Finance Corporation Ltd0.75%
Indian Railway Finance Corporation Ltd0.74%
Jindal Steel & Power Ltd0.72%
Coromandel International Ltd0.72%
Adani Ports & Special Economic Zone Ltd0.71%
Max Healthcare Institute Ltd0.71%
Shriram Finance Ltd0.69%
UltraTech Cement Ltd0.68%
Solar Industries India Ltd0.67%
Bajaj Auto Ltd0.66%
J K Cements Ltd0.66%
Eternal Ltd0.66%
Maruti Suzuki India Ltd0.66%
Aadhar Housing Finance Ltd0.64%
Max Financial Services Ltd0.64%
NTPC Green Energy Ltd0.62%
Jio Financial Services Ltd0.60%
NTPC Ltd0.59%
Krishna Institute of Medical Sciences Ltd0.57%
Pidilite Industries Ltd0.56%
Ajanta Pharma Ltd0.53%
Gabriel India Ltd0.52%
Vodafone Idea Ltd0.50%
Bharat Electronics Ltd0.50%
Tata Steel Ltd0.50%
HCL Technologies Ltd0.50%
AWFIS Space Solutions Ltd0.47%
Mphasis Ltd0.47%
Kalyan Jewellers India Ltd0.44%
Grasim Industries Ltd0.43%
CG Power & Industrial Solutions Ltd0.43%
Ethos Ltd0.42%
Eicher Motors Ltd0.42%
Tata Consumer Products Ltd0.41%
Hitachi Energy India Ltd0.39%
JSW Energy Ltd0.39%
Hindalco Industries Ltd0.37%
Cipla Ltd0.37%
Mahindra & Mahindra Financial Services Ltd0.36%
Ipca Laboratories Ltd0.35%
Trent Ltd0.34%
Cummins India Ltd0.34%
Ambuja Cements Ltd0.33%
Gokaldas Exports Ltd0.32%
Blue Star Ltd0.32%
Power Grid Corporation of India Ltd0.30%
Birlasoft Ltd0.29%
Coforge Ltd0.29%
Indian Oil Corporation Ltd0.28%
Adani Enterprises Ltd0.26%
Nippon Life India Asset Management Ltd0.25%
Persistent Systems Ltd0.25%
Crompton Greaves Consumer Electricals Ltd0.23%
LTIMindtree Ltd0.22%
Quess Corp Ltd0.22%
Techno Electric & Engineering Company Ltd0.21%
Tech Mahindra Ltd0.20%
Voltas Ltd0.20%
Vedanta Ltd0.14%
Inventurus Knowledge Solutions Ltd0.14%
Bluspring Enterprises Ltd0.11%
Digitide Solutions Ltd0.10%
United Spirits Ltd0.06%

Union Mutual Fund Managers

PA

Parijat Agrawal

Fund Manager since Dec 2017

View Details

Fund House Details

Union Mutual Fund

Union Mutual Fund Asset management company

AUM ₹19,972.36 Cr.
No. of Schemes 88
Setup Date 23rd March 2011

Peer Comparison

Comparison with other similar funds

Schemes by Union Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Union Balanced Advantage Fund Direct-Growth

The Union Balanced Advantage Fund Direct-Growth represents a Dynamic Asset Allocation mutual fund initiative by Union Mutual Fund. For stock selection, it leans towards a blend of growth-driven stocks and those that offer value at a bargain. In terms of capitalisation, it doesn't bind itself to any single category, instead ensuring a judicious mix of large, mid, and small-cap stocks, aiming to tap into the potential of each segment. With its objective aimed at both growth and security, the fund seeks opportunities across the spectrum, from the stability of large-cap stocks to the growth potential inherent in small and mid-caps.

Investment Objectives of the Scheme

At the heart of the Union Balanced Advantage Fund is a dual goal: to achieve long-term capital appreciation and concurrently generate income. To bring this vision to fruition, the fund actively manages an equity portfolio, utilising long equities, and equity derivatives, and capitalising on arbitrage opportunities when they arise. This multi-pronged approach is designed to capture growth while also securing periodic income.

Key Features of The Fund

5-year return 14.06%
Expense Ratio 0.99%
Fund Manager Parijat Agrawal
Fund Size ₹1383.05 Cr
Risk Profile High

Is This Scheme Right for Me?

The Union Balanced Advantage Fund could be an appealing choice for a broad range of investors, particularly those with a conservative outlook desiring a more stable equity exposure. If you're considering this investment route, it is better if you hold it mid to long-term. However, while its balanced approach might appeal to the risk-averse, it's worth noting that the scheme's risk level is categorised as very high. Potential investors should weigh this when making their investment decisions.

AMC Contact Details

Name Union Mutual Fund
Launch Date 23rd March 2011
Addresss Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact (022) 6748 3300
Email investorcare@unionmf.com
Website https://www.unionmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Union Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Union Balanced Advantage Fund on Jun 30 2025, is ₹21.88

What is the AUM of Union Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Union Balanced Advantage Fund, is ₹1383.05 crore.

What is the expense ratio of Union Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Union Balanced Advantage Fund is 0.99%

What are the returns of Union Balanced Advantage Fund since inception?

The Union Balanced Advantage Fund was launched on Dec 07 2017. The fund has delivered a CAGR of 10.99 since inception.

What is the minimum SIP amount to invest in Union Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Union Balanced Advantage Fund is ₹500.

How do I invest in Union Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Union Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Union Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Union Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

FAQs

What is today's NAV of Union Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Union Balanced Advantage Fund on Jun 30 2025, is ₹21.88

What is the AUM of Union Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Union Balanced Advantage Fund, is ₹1383.05 crore.

What is the expense ratio of Union Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Union Balanced Advantage Fund is 0.99%

What are the returns of Union Balanced Advantage Fund since inception?

The Union Balanced Advantage Fund was launched on Dec 07 2017. The fund has delivered a CAGR of 10.99 since inception.

What is the minimum SIP amount to invest in Union Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Union Balanced Advantage Fund is ₹500.

How do I invest in Union Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Union Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Union Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Union Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.