Union Balanced Advantage Fund Direct IDCW

Union Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Balanced Advantage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹14,564 Cr and the Latest NAV as of 16 Apr 2024 is ₹19.38. The Union Balanced Advantage Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. 1% exit load if redeemed within 15 days. ;

Investment Objective

The scheme seeks to achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available. ;