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Union Balanced Advantage Fund

Union Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

14.99

as on 20 Oct 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,216 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

  • ₹ 15.140

    as on 20 Oct 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 1,039 Cr.

    as on 20 Oct 2021
  • 2.32%

    since 31 May 2021
  • 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 ₹ 15.140 as on 20 Oct 2021.

This fund has 3 years of track record. Since 31 May 2021 expense ratio of this fund is 2.32%. 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 5.90% 10.39% 25.01% 60.31% 23.14% 18.28% 13.69% 13.65% 47.04% 37.58% 25.33% 17.32% 14.69%
Category Average 1.87% 6.13% 12.47% 24.99% 14.85% 12.34% 9.70% 12.62% 22.68% 21.13% 16.33% 11.91% 12.42%
Union Balanced Advantage Fund 1.47%₹ 10,147 5.43%₹ 10,543 9.39%₹ 10,939 21.02%₹ 12,102 17.05%₹ 13,079 17.19%₹ 13,751 21.48%₹ 29,575 14.99%₹ 15,216 18.05%₹ 46,976 - - - -
Aditya Birla Sun Life Balanced Advantage Fund 1.92%₹ 10,191 5.94%₹ 10,594 14.16%₹ 11,415 30.44%₹ 13,043 24.84%₹ 13,555 16.97%₹ 13,700 24.51%₹ 30,394 14.10%₹ 14,867 18.95%₹ 47,576 10.56%₹ 16,525 13.52%₹ 84,224 - -
Edelweiss Balanced Advantage Fund 2.38%₹ 10,238 8.85%₹ 10,885 16.86%₹ 11,686 34.86%₹ 13,485 31.39%₹ 13,949 22.89%₹ 15,128 29.49%₹ 31,760 18.28%₹ 16,562 23.65%₹ 50,784 13.68%₹ 18,991 17.20%₹ 92,201 12.50%₹ 32,491 13.43%₹ 2,41,915
ICICI Prudential Balanced Advantage Fund 2.33%₹ 10,232 6.53%₹ 10,653 12.39%₹ 11,239 27.27%₹ 12,726 22.88%₹ 13,436 15.48%₹ 13,351 22.68%₹ 29,898 14.47%₹ 15,012 17.91%₹ 46,882 11.07%₹ 16,909 13.56%₹ 84,295 13.65%₹ 35,994 12.91%₹ 2,35,208
DSP Dynamic Asset Allocation Fund 0.38%₹ 10,038 3.20%₹ 10,319 8.68%₹ 10,867 18.10%₹ 11,810 14.49%₹ 12,920 12.00%₹ 12,556 15.74%₹ 28,043 11.60%₹ 13,905 13.56%₹ 44,062 8.54%₹ 15,069 10.77%₹ 78,664 - -
L&T Balanced Advantage Fund 0.83%₹ 10,083 4.72%₹ 10,471 8.86%₹ 10,885 15.34%₹ 11,533 15.69%₹ 12,994 12.57%₹ 12,684 15.81%₹ 28,063 10.85%₹ 13,628 13.23%₹ 43,854 8.64%₹ 15,139 10.41%₹ 77,967 - -

Portfolio Holdings

Portfolio holdings pattern of Union Balanced Advantage Fund as on 21 Oct 2021 are listed below:

  • Equity Holdings:

    65.82%
  • Debt Holdings:

    18.92%
  • Others Holdings:

    15.26%

Top Sector Holdings of Union Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 12.48% ₹ 129.76 Cr.
Computers - Software 8.36% ₹ 86.83 Cr.
Refineries/Marketing 5.82% ₹ 60.38 Cr.
Pharmaceuticals 4.09% ₹ 42.40 Cr.
Housing Finance 3.45% ₹ 35.84 Cr.
Others 65.80% -

Top Stock Holdings of Union Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 4.21% ₹ 43.71 Cr.
ICICI Bank Ltd. 3.77% ₹ 39.21 Cr.
Infosys Ltd. 3.46% ₹ 35.91 Cr.
Reliance Industries Ltd. 3.41% ₹ 35.42 Cr.
Housing Development Finance Corporation Ltd. 3.03% ₹ 31.52 Cr.
Others 82.12% -

Top Debt Instrument Type holdings of Union Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 10.42% ₹ 108.20 Cr.
GOI 8.09% ₹ 83.96 Cr.
T-Bills 0.41% ₹ 4.22 Cr.
Others 81.08% -

Top Debt Holdings of Union Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.09% ₹ 83.96 Cr.
Bond - National Thermal Power Corporation Ltd. 2.88% ₹ 29.85 Cr.
Bond - State Bank Of India 2.34% ₹ 24.30 Cr.
Bond - National Bank for Agriculture & Rural Development 1.78% ₹ 18.51 Cr.
Bond - Indian Railway Finance Corporation Ltd. 1.49% ₹ 15.47 Cr.
Others 83.42%

Other Holdings

Holding TypeHolding Percentage
TREPS 8.49%
Net Receivables 6.77%