Fund Performance
Lumpsum
SIP
8.40
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,738 today.
NAV Performance
Fund Information
-
₹ 16.790
as on 28 Nov 2023 -
Regular - Growth
-
5 / 22
-
₹ 5,000
-
₹ 1,655 Cr.
as on 31 May 2023 -
2.21%
-
29 Dec 2017
-
Nifty 50
-
Union Mutual Fund
Show All Funds
Highlights of this fund
Union Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 29 Dec 2017. This fund is offered by one of the top AMC (Assets Management Company) Union Mutual Fund. You can also view here all other Hybrid funds offered by Union Mutual Fund.
Latest NAV of the fund is ₹ 16.790 as on 28 Nov 2023.
This fund has 5 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.21%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 2,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To achieve long-term capital To achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available
List of Fund Managers of Union Balanced Advantage Fund
-
About Sanjay Bembalkar
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder. Research Analyst - Equity - Canara Robeco Asset Management Company Ltd. (December 2017 to September 2019) Research Analyst - Equity - LIC Mutual Fund Asset Management Ltd.(August 2015 to December 2017) Assistant Vice President - Quantum Advisors Pvt. Ltd (April 2010 to August 2015) Intern Analyst - Autonomous Research LLP (August 2009 to January 2010).
-
About Parijat Agarwal
-
About Hardick Bora
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai. He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.
-
About Sanjay Bembalkar
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder. Research Analyst - Equity - Canara Robeco Asset Management Company Ltd. (December 2017 to September 2019) Research Analyst - Equity - LIC Mutual Fund Asset Management Ltd.(August 2015 to December 2017) Assistant Vice President - Quantum Advisors Pvt. Ltd (April 2010 to August 2015) Intern Analyst - Autonomous Research LLP (August 2009 to January 2010).
-
About Parijat Agarwal
-
About Hardick Bora
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai. He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.
-
About Sanjay Bembalkar
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder. Research Analyst - Equity - Canara Robeco Asset Management Company Ltd. (December 2017 to September 2019) Research Analyst - Equity - LIC Mutual Fund Asset Management Ltd.(August 2015 to December 2017) Assistant Vice President - Quantum Advisors Pvt. Ltd (April 2010 to August 2015) Intern Analyst - Autonomous Research LLP (August 2009 to January 2010).
-
About Parijat Agarwal
-
About Hardick Bora
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai. He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 5.25% | 7.14% | 21.73% | 25.12% | 20.31% | 25.46% | 16.62% | 16.21% | 33.92% | 24.56% | 22.55% | 21.17% | 15.77% |
| Category Average | 2.74% | 3.21% | 8.39% | 11.62% | 8.65% | 10.92% | 10.28% | 12.06% | 16.79% | 12.36% | 10.70% | 11.51% | 10.61% |
| Union Balanced Advantage Fund | 2.75%₹ 10,275 | 2.57%₹ 10,256 | 6.27%₹ 10,626 | 8.74%₹ 10,874 | 11.94%₹ 12,763 | 6.10%₹ 11,260 | 9.11%₹ 26,316 | 8.40%₹ 12,738 | 7.84%₹ 40,529 | 10.61%₹ 16,558 | 10.28%₹ 77,718 | - | - |
| HDFC Balanced Advantage Fund | 5.25%₹ 10,525 | 7.14%₹ 10,714 | 17.39%₹ 11,738 | 21.25%₹ 12,125 | 30.52%₹ 13,905 | 20.31%₹ 14,489 | 24.56%₹ 30,415 | 25.46%₹ 19,761 | 22.55%₹ 50,023 | 16.62%₹ 21,576 | 21.17%₹ 1,01,575 | 16.21%₹ 44,963 | 15.77%₹ 2,74,313 |
| ICICI Prudential Balanced Advantage Fund | 2.79%₹ 10,278 | 4.15%₹ 10,414 | 8.55%₹ 10,854 | 11.63%₹ 11,162 | 15.98%₹ 13,016 | 10.11%₹ 12,130 | 12.65%₹ 27,235 | 12.93%₹ 14,406 | 11.74%₹ 42,919 | 11.83%₹ 17,498 | 12.79%₹ 82,727 | 12.32%₹ 31,965 | 11.27%₹ 2,15,628 |
| Edelweiss Balanced Advantage Fund | 3.15%₹ 10,314 | 3.02%₹ 10,301 | 8.16%₹ 10,815 | 9.95%₹ 10,995 | 15.49%₹ 12,985 | 7.47%₹ 11,553 | 11.40%₹ 26,910 | 12.56%₹ 14,263 | 10.37%₹ 42,066 | 12.66%₹ 18,156 | 12.92%₹ 82,990 | 11.95%₹ 30,951 | 11.27%₹ 2,15,605 |
| Kotak Balance Advantage Fund | 2.57%₹ 10,256 | 2.57%₹ 10,257 | 6.51%₹ 10,651 | 10.39%₹ 11,038 | 13.37%₹ 12,853 | 7.70%₹ 11,604 | 10.79%₹ 26,751 | 10.35%₹ 13,440 | 9.59%₹ 41,591 | 10.86%₹ 16,752 | 11.00%₹ 79,129 | - | - |
| Nippon India Balanced Advantage Fund | 2.82%₹ 10,282 | 3.50%₹ 10,349 | 8.53%₹ 10,852 | 9.63%₹ 10,962 | 15.19%₹ 12,967 | 8.28%₹ 11,729 | 11.58%₹ 26,958 | 12.10%₹ 14,091 | 10.38%₹ 42,075 | 10.49%₹ 16,468 | 11.39%₹ 79,889 | 12.32%₹ 31,964 | 10.37%₹ 2,05,552 |
Portfolio Holdings
Top Sector Holdings of Union Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 15.54% | ₹ 257.32 Cr. |
| Computers - Software | 6.20% | ₹ 102.52 Cr. |
| Refineries/Marketing | 5.77% | ₹ 95.49 Cr. |
| Passenger/Utility vehicles | 4.83% | ₹ 80.05 Cr. |
| Pharmaceuticals | 2.48% | ₹ 50.14 Cr. |
| Others | 65.18% | - |
Top Stock Holdings of Union Balanced Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Reliance Industries Ltd. | 5.36% | ₹ 88.68 Cr. |
| HDFC Bank Ltd. | 5.05% | ₹ 83.63 Cr. |
| ICICI Bank Ltd. | 4.98% | ₹ 82.38 Cr. |
| Infosys Ltd. | 2.87% | ₹ 47.45 Cr. |
| Tata Consultancy Services Ltd. | 2.50% | ₹ 41.36 Cr. |
| Others | 79.24% | - |
Top Debt Instrument Type holdings of Union Balanced Advantage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 16.80% | ₹ 277.98 Cr. |
| T-Bills | 6.13% | ₹ 101.47 Cr. |
| Others | 77.07% | - |
Top Debt Holdings of Union Balanced Advantage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 6.13% | ₹ 101.47 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 4.84% | ₹ 80.18 Cr. |
| Bond - Rural Electrification Corporation Limited | 3.65% | ₹ 60.33 Cr. |
| Bond - Small Industries Development Bank Of India | 3.32% | ₹ 54.92 Cr. |
| Bond - Power Finance Corporation Ltd. | 1.50% | ₹ 24.83 Cr. |
| Others | 80.56% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.86% |
| MF Units | 2.32% |
| Net Receivables | 1.88% |