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Union Balanced Advantage Fund

Union Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

8.40

as on 28 Nov 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,738 today.

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NAV Performance

Union Balanced Advantage Fund performance graph for last 3 years
Performance of Union Balanced Advantage Fund for last 3 Years

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

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • 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

    Picture of Sanjay BembalkarMr. 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

    Picture of Parijat Agarwal
  • About Hardick Bora

    Picture of Hardick BoraMr. 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

    Picture of Sanjay BembalkarMr. 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

    Picture of Parijat Agarwal
  • About Hardick Bora

    Picture of Hardick BoraMr. 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

    Picture of Sanjay BembalkarMr. 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

    Picture of Parijat Agarwal
  • About Hardick Bora

    Picture of Hardick BoraMr. 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

Portfolio holdings pattern of Union Balanced Advantage Fund as on 30 Nov 2023 are listed below:

  • Equity Holdings:

    70.01%
  • Debt Holdings:

    22.93%
  • Others Holdings:

    7.06%

Top Sector Holdings of Union Balanced Advantage Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
TREPS 2.86%
MF Units 2.32%
Net Receivables 1.88%