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Union Balanced Advantage Fund

Union Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.45

as on 01 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,857 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

  • ₹ 15.520

    as on 01 Dec 2022
  • Regular - Growth

  • 5 / 22

  • ₹ 5,000

  • ₹ 1,687 Cr.

    as on 31 Dec 2021
  • 2.17%

  • 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 ₹ 15.520 as on 01 Dec 2022.

This fund has 4 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.17%. 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 Parijat Agarwal

    Picture of Parijat Agarwal
  • About Vinay Paharia

    Picture of Vinay PahariaMr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai. Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
  • 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 Moderate 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 3.11% 6.79% 14.78% 25.12% 27.39% 17.80% 12.45% 13.54% 25.79% 22.18% 25.59% 17.94% 14.78%
Category Average 1.43% 2.94% 7.88% 7.58% 11.36% 10.73% 8.23% 11.32% 11.34% 9.39% 12.34% 10.26% 10.79%
Union Balanced Advantage Fund 1.11%₹ 10,110 2.11%₹ 10,210 6.52%₹ 10,652 3.95%₹ 10,395 7.79%₹ 12,500 8.11%₹ 11,686 6.41%₹ 25,619 11.45%₹ 13,857 10.88%₹ 42,375 - - - -
Edelweiss Balanced Advantage Fund 2.12%₹ 10,212 3.79%₹ 10,378 8.87%₹ 10,887 5.51%₹ 10,550 10.90%₹ 12,696 13.91%₹ 12,976 9.92%₹ 26,522 14.98%₹ 15,216 14.56%₹ 44,693 11.38%₹ 17,149 13.33%₹ 83,826 11.51%₹ 29,746 11.65%₹ 2,19,925
ICICI Prudential Balanced Advantage Fund 0.99%₹ 10,098 2.90%₹ 10,290 7.68%₹ 10,767 9.23%₹ 10,922 11.93%₹ 12,761 13.37%₹ 12,853 11.14%₹ 26,836 11.97%₹ 14,049 14.40%₹ 44,592 10.00%₹ 16,110 12.31%₹ 81,726 12.10%₹ 31,356 11.58%₹ 2,19,117
Aditya Birla Sun Life Balanced Advantage Fund 2.00%₹ 10,199 4.06%₹ 10,405 8.72%₹ 10,872 6.44%₹ 10,644 11.93%₹ 12,761 11.24%₹ 12,375 9.39%₹ 26,383 11.70%₹ 13,950 13.22%₹ 43,839 8.99%₹ 15,385 11.35%₹ 79,815 - -
HDFC Balanced Advantage Fund 3.11%₹ 10,310 6.79%₹ 10,679 14.78%₹ 11,478 20.25%₹ 12,024 25.79%₹ 13,615 27.39%₹ 16,229 22.18%₹ 29,759 17.80%₹ 16,368 25.59%₹ 52,140 12.45%₹ 17,984 17.94%₹ 93,885 13.54%₹ 35,634 14.78%₹ 2,59,962
Nippon India Balanced Advantage Fund 1.79%₹ 10,178 3.37%₹ 10,337 9.21%₹ 10,921 7.89%₹ 10,788 12.73%₹ 12,811 13.45%₹ 12,871 10.54%₹ 26,680 11.41%₹ 13,840 13.62%₹ 44,094 9.27%₹ 15,581 11.25%₹ 79,618 11.45%₹ 29,601 10.99%₹ 2,12,347

Portfolio Holdings

Portfolio holdings pattern of Union Balanced Advantage Fund as on 02 Dec 2022 are listed below:

  • Equity Holdings:

    68.72%
  • Debt Holdings:

    20.09%
  • Others Holdings:

    11.19%

Top Sector Holdings of Union Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 12.36% ₹ 219.80 Cr.
Computers - Software 8.37% ₹ 148.82 Cr.
Refineries/Marketing 5.21% ₹ 92.71 Cr.
Pharmaceuticals 4.63% ₹ 82.25 Cr.
NBFC 2.93% ₹ 52.04 Cr.
Others 66.50% -

Top Stock Holdings of Union Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
Reliance Industries Ltd. 4.04% ₹ 71.86 Cr.
Infosys Ltd. 3.76% ₹ 66.89 Cr.
ICICI Bank Ltd. 3.51% ₹ 62.50 Cr.
HDFC Bank Ltd. 3.08% ₹ 54.70 Cr.
Kotak Mahindra Bank Ltd. 2.54% ₹ 45.12 Cr.
Others 83.07% -

Top Debt Instrument Type holdings of Union Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 12.53% ₹ 222.91 Cr.
NCD & Bonds 7.48% ₹ 132.94 Cr.
T-Bills 0.08% ₹ 1.49 Cr.
Others 79.91% -

Top Debt Holdings of Union Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 12.53% ₹ 222.91 Cr.
Bond - National Bank for Agriculture & Rural Development 2.44% ₹ 43.20 Cr.
Bond - National Thermal Power Corporation Ltd. 1.67% ₹ 29.86 Cr.
Bond - State Bank Of India 1.38% ₹ 24.48 Cr.
Bond - Indian Railway Finance Corporation Ltd. 0.86% ₹ 15.31 Cr.
Others 81.12%

Other Holdings

Holding TypeHolding Percentage
TREPS 9.86%
Net Receivables 1.33%