1M
6M
1Y
3Y
All
| NAV: 26 Sep 2022 | ₹15.63 |
| Min. SIP amount | ₹1,000 |
| Rating | 4 |
| Fund size | ₹1,920.09Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 1.0% | 12.2% | 9.9% |
| Category average | NA | 4.4% | 12.0% | NA |
| Rank with in category | NA | 16 | 9 | NA |
Understand terms
Holdings (73)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 6.0% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
Reserve Bank of India | Financial | T-Bills | 5.1% |
| Reliance Industries Ltd. | Energy | Equity | 4.7% |
| Infosys Ltd. | Technology | Equity | 3.8% |
Union Liquid Direct | Financial | Mutual Fund | 2.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.7% |
Reserve Bank of India | Financial | T-Bills | 2.5% |
Reserve Bank of India | Financial | T-Bills | 2.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.5% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Cons
3Y annualised returns higher than category average by 0.25%
1Y annualised returns lower than category average by 3.33%
Higher alpha: 1.35
The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Lower expense ratio: 0.63%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Expense ratio, exit load and tax
Expense ratio: 0.63%
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 terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Parijat AgrawalDec 2017 - PresentView details
Parijat Agrawal
Dec 2017 - Present
View details
Education
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience
Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Also manages these schemes
Vinay PahariaJun 2018 - PresentView details
Vinay Paharia
Jun 2018 - Present
View details
Education
Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
Experience
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).
Also manages these schemes
Hardick BoraJun 2018 - PresentView details
Hardick Bora
Jun 2018 - Present
View details
Education
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience
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.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
E-mail
[email protected]Website
NA
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
Union Balanced Advantage Fund Direct Growth
VS
Add mutual fund to compare