Home>Mutual Funds>Union Mutual Fund>Union Balanced Advantage Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderate Risk
15.88%
3Y annualised
+0.39% 1D
1M
6M
1Y
3Y
All
NAV: 14 Oct 2021₹15.64
Min. SIP amount₹2,000
Rating5star
Fund size₹1,448.39 Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA22.0%15.9%12.5%
Category averageNA24.8%9.3%NA
Rank with in categoryNA193NA
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Holdings (99)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec5.7%
FinancialEquity4.2%
FinancialEquity3.6%
TechnologyEquity3.3%
EnergyEquity3.1%
GOI
SovereignGOI Sec3.0%
FinancialEquity3.0%
TechnologyEquity2.8%
CommunicationEquity2.6%
GOI
SovereignGOI Sec2.6%
See All

Pros and cons

info
Category: Hybrid Dynamic Asset Allocation
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Pros

3Y annualised returns higher than category average by 6.55%
Higher alpha: 1.74 The fund has generated returns higher than benchmark - CRISIL Liquid Fund Index - in the last 3Y
Lower expense ratio: 0.92%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

1Y annualised returns lower than category average by 2.78%

Expense ratio, exit load and tax

Expense ratio: 0.92%

Inclusive of GST

Exit load

1% exit load if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹2,000

Fund management

Vinay Paharia
Jun 2018 - Present
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Anshul Mishra
Dec 2017 - Present
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Hardick Bora
Jun 2018 - Present
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Fund house & investment objective

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Fund house contact details

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