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Union Balanced Advantage Fund

Union Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.62

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,297 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

  • ₹ 14.340

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 605 Cr.

    as on 10 Jun 2021
  • 2.53%

    since 31 Dec 2020
  • 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 ₹ 14.340 as on 10 Jun 2021.

This fund has 3 years of track record. Since 31 Dec 2020 expense ratio of this fund is 2.53%. 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 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 7.59% 7.54% 22.92% 54.12% 18.14% 13.32% 14.25% 12.69% 58.58% 31.77% 21.30% 15.22% 13.70%
Category Average 3.19% 3.43% 9.28% 27.55% 11.76% 9.07% 10.01% 11.25% 23.88% 18.24% 13.55% 10.58% 11.79%
Union Balanced Advantage Fund 2.21%₹ 10,220 2.28%₹ 10,228 6.54%₹ 10,653 31.08%₹ 13,107 21.73%₹ 13,363 15.37%₹ 13,314 20.80%₹ 29,387 12.62%₹ 14,297 16.94%₹ 46,241 - - - -
Edelweiss Balanced Advantage Fund 3.39%₹ 10,339 4.17%₹ 10,417 12.50%₹ 11,250 35.12%₹ 13,512 31.77%₹ 13,968 17.64%₹ 13,844 25.57%₹ 30,676 13.32%₹ 14,567 19.68%₹ 48,061 12.49%₹ 18,014 14.87%₹ 87,051 11.28%₹ 29,148 12.34%₹ 2,28,226
HDFC Balanced Advantage Fund 7.59%₹ 10,758 6.82%₹ 10,681 22.92%₹ 12,292 54.12%₹ 15,412 58.58%₹ 15,523 13.10%₹ 12,796 31.77%₹ 32,383 12.45%₹ 14,231 21.30%₹ 49,154 14.25%₹ 19,471 15.22%₹ 87,805 11.71%₹ 30,293 13.70%₹ 2,45,381
Aditya Birla Sun Life Balanced Advantage Fund 3.62%₹ 10,362 5.33%₹ 10,533 10.54%₹ 11,053 34.79%₹ 13,479 30.94%₹ 13,919 13.77%₹ 12,947 22.21%₹ 29,766 11.42%₹ 13,844 16.76%₹ 46,120 11.77%₹ 17,450 12.20%₹ 81,502 - -
ICICI Prudential Balanced Advantage Fund 2.98%₹ 10,298 3.51%₹ 10,351 10.27%₹ 11,026 33.14%₹ 13,314 27.80%₹ 13,731 13.22%₹ 12,823 20.57%₹ 29,325 11.26%₹ 13,786 16.03%₹ 45,647 11.43%₹ 17,185 12.40%₹ 81,912 12.69%₹ 33,057 12.56%₹ 2,30,849
Nippon India Balanced Advantage Fund 4.36%₹ 10,435 5.06%₹ 10,506 12.97%₹ 11,297 34.29%₹ 13,429 31.88%₹ 13,975 11.93%₹ 12,532 20.98%₹ 29,433 10.48%₹ 13,496 15.63%₹ 45,388 12.31%₹ 17,875 12.04%₹ 81,177 11.54%₹ 29,821 12.31%₹ 2,27,826

Portfolio Holdings

Portfolio holdings pattern of Union Balanced Advantage Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    66.87%
  • Debt Holdings:

    20.31%
  • Others Holdings:

    12.82%

Top Sector Holdings of Union Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 11.50% ₹ 97.00 Cr.
Computers - software 8.00% ₹ 67.28 Cr.
Refineries/marketing 5.63% ₹ 47.37 Cr.
Housing finance 3.92% ₹ 33.00 Cr.
Pharmaceuticals 3.29% ₹ 27.72 Cr.
Others 67.66% -

Top Stock Holdings of Union Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 4.36% ₹ 36.73 Cr.
Infosys Ltd. 3.78% ₹ 31.83 Cr.
Housing Development Finance Corporation Ltd. 3.45% ₹ 29.06 Cr.
Reliance Industries Ltd. 3.24% ₹ 27.25 Cr.
ICICI Bank Ltd. 2.85% ₹ 24.03 Cr.
Others 82.32% -

Top Debt Instrument Type holdings of Union Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 11.66% ₹ 98.12 Cr.
GOI 6.41% ₹ 53.94 Cr.
T-Bills 2.24% ₹ 18.86 Cr.
Others 79.69% -

Top Debt Holdings of Union Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 6.41% ₹ 53.94 Cr.
Bond - National Thermal Power Corporation Ltd. 3.55% ₹ 29.86 Cr.
Bond - State Bank Of India 2.87% ₹ 24.16 Cr.
Bond - T-Bill 2.24% ₹ 18.86 Cr.
Bond - National Bank for Agriculture & Rural Development 2.20% ₹ 18.53 Cr.
Others 82.73%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 7.24%
TREPS 5.58%