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3 Year return
11.06%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
High Risk
Asset Under Management
₹1601.68 Cr.
Expense Ratio
0.92% (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.
Tax Implications
Withdrawal within 1 year
Exit load + 15% tax on gains
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
| Other Holdings | % of Asset |
|---|---|
| TBILL-182D | 3.11 % |
| TBILL-91D | 3.1 % |
| TBILL-91D | 3.08 % |
| St Bk of India | 2.95 % |
| Bharti Airtel | 2.37 % |
| Larsen & Toubro | 2.33 % |
| Infosys | 2.31 % |
| NTPC | 2.11 % |
| Maruti Suzuki | 1.81 % |
| Axis Bank | 1.63 % |
| I R F C | 1.57 % |
| St Bk of India | 1.51 % |
| Bharat Electron | 1.5 % |
| TCS | 1.42 % |
| I R F C | 1.26 % |
| HCL Technologies | 1.19 % |
| Shriram Finance | 1.19 % |
| Coal India | 1.15 % |
| Tata Power Co. | 1.08 % |
| Varun Beverages | 1.02 % |
| Tata Motors-DVR | 0.99 % |
| ITC | 0.96 % |
| Hindalco Inds. | 0.95 % |
| Grasim Inds | 0.94 % |
| Net CA & Others | 0.94 % |
| REC Ltd | 0.94 % |
| Jio Financial | 0.93 % |
| N A B A R D | 0.93 % |
| TVS Motor Co. | 0.93 % |
| Power Grid Corpn | 0.92 % |
| O N G C | 0.9 % |
| DLF | 0.85 % |
| Cipla | 0.84 % |
| Sun Pharma.Inds. | 0.82 % |
| A B B | 0.77 % |
| Hind.Aeronautics | 0.74 % |
| JSW Energy | 0.72 % |
| Phoenix Mills | 0.7 % |
| PB Fintech. | 0.69 % |
| B P C L | 0.68 % |
| Zomato Ltd | 0.67 % |
| Divi's Lab. | 0.67 % |
| Adani Ports | 0.66 % |
| IndusInd Bank | 0.64 % |
| REC Ltd | 0.63 % |
| CG Power & Indu. | 0.63 % |
| Tata Steel | 0.62 % |
| S I D B I | 0.62 % |
| Jindal Steel | 0.62 % |
| Godrej Propert. | 0.61 % |
| Power Grid Corpn | 0.6 % |
| Max Healthcare | 0.6 % |
| United Spirits | 0.59 % |
| SBI Life Insuran | 0.58 % |
| HDFC AMC | 0.56 % |
| Prestige Estates | 0.5 % |
| Tata Consumer | 0.49 % |
| Oil India | 0.49 % |
| Jindal Stain. | 0.48 % |
| Sona BLW Precis. | 0.47 % |
| Ajanta Pharma | 0.47 % |
| Vedanta | 0.45 % |
| Ashok Leyland | 0.44 % |
| Canara Bank | 0.43 % |
| Tech Mahindra | 0.43 % |
| Bajaj Finance | 0.43 % |
| Polycab India | 0.41 % |
| Dixon Technolog. | 0.39 % |
| C.E. Info System | 0.39 % |
| Gabriel India | 0.37 % |
| Cummins India | 0.37 % |
| Max Financial | 0.36 % |
| KFin Technolog. | 0.35 % |
| Hind. Unilever | 0.35 % |
| I O C L | 0.34 % |
| C D S L | 0.33 % |
| Gokaldas Exports | 0.32 % |
| Titan Company | 0.31 % |
| Electronics Mart | 0.3 % |
| Adani Enterp. | 0.29 % |
| Tata Comm | 0.28 % |
| Blue Star | 0.28 % |
| Carborundum Uni. | 0.26 % |
| Techno Elec.Engg | 0.26 % |
| Sonata Software | 0.25 % |
| Wonderla Holiday | 0.24 % |
| KSB | 0.15 % |
| TBILL-182D | 0.11 % |
| Ethos Ltd | 0.09 % |
| Hitachi Energy | 0.04 % |
| Glenmark Life | 0 % |
Union Mutual Fund Managers
PA
Parijat Agrawal
Fund Manager since Dec 2017
Fund House Details
Union Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout |
23.98% |
4 |
|
Baroda BNP Paribas Balanced Advantage Fund Direct Plan IDCW Payout |
15.79% |
3 |
|
Edelweiss Balanced Advantage Fund Direct Plan Quarterly IDCW Payout |
14.7% |
5 |
Schemes by Union Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan Growth
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 | 12.92% |
| Expense Ratio | 0.92% |
| Fund Manager | Parijat Agrawal |
| Fund Size | ₹1601.68 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 |
| 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.
