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| NAV: 14 Jan 2025 | ₹20.42 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹1,527.45Cr |
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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.3% | 9.2% | 12.2% | 10.7% |
| Category average | 9.1% | 9.7% | 11.7% | NA |
| Rank with in category | 29 | 23 | 14 | NA |
Understand terms
Peer Comparison
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Plan Growth | 5 | 13.1% | 20.1% | 96,535.51 |
Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4 | 11.2% | 12.2% | 4,186.97 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 10.6% | 11.7% | 62,050.92 |
Kotak Balanced Advantage Fund Direct Growth | 4 | 12.4% | 11.1% | 17,205.51 |
Edelweiss Balanced Advantage Fund Direct Growth | 4 | 10.9% | 10.7% | 12,689.91 |
Holdings (131)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 4.89% |
HDFC Bank Ltd. | Financial | Equity | 4.32% |
Reliance Industries Ltd. | Energy | Equity | 4.02% |
Reserve Bank of India | Financial | T-Bills | 3.48% |
Reserve Bank of India | Financial | T-Bills | 3.47% |
ICICI Bank Ltd. | Financial | Equity | 3.38% |
Bharti Airtel Ltd. | Communication | Equity | 2.66% |
Infosys Ltd. | Technology | Equity | 2.52% |
GOI | Sovereign | GOI Sec | 2.11% |
Larsen & Toubro Ltd. | Construction | Equity | 1.90% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.78% |
Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.78% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 1.77% |
Power Grid Corporation Of India Ltd. | Energy | Bonds | 1.75% |
United Spirits Ltd. | Consumer Staples | Equity | 1.56% |
Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.44% |
Bharat Electronics Ltd. | Capital Goods | Equity | 1.39% |
ITC Ltd. | Consumer Staples | Equity | 1.34% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.33% |
HCL Technologies Ltd. | Technology | Equity | 1.32% |
Titan Company Ltd. | Consumer Discretionary | Equity | 1.31% |
Maruti Suzuki India Ltd. | Automobile | Equity | 1.11% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.08% |
Power Grid Corporation Of India Ltd. | Energy | Bonds | 1.06% |
Tata Power Company Ltd. | Energy | Equity | 1.06% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.05% |
Bajaj Finance Ltd. | Financial | Equity | 1.02% |
Interglobe Aviation Ltd. | Services | Equity | 1.01% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.00% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.99% |
Lupin Ltd. | Healthcare | Equity | 0.95% |
Axis Bank Ltd. | Financial | Equity | 0.87% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.86% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 0.83% |
NTPC Ltd. | Energy | Equity | 0.80% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.80% |
State Bank of India | Financial | Equity | 0.79% |
TVS Motor Company Ltd. | Automobile | Equity | 0.78% |
Zomato Ltd. | Services | Equity | 0.76% |
NA | NA | Equity | 0.76% |
REC Ltd. | Financial | Debenture | 0.72% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.71% |
Max Healthcare Institute Ltd. | Healthcare | Equity | 0.70% |
Bajaj Auto Ltd. | Automobile | Equity | 0.70% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.69% |
Eicher Motors Ltd. | Automobile | Equity | 0.64% |
Indus Towers Ltd. | Communication | Equity | 0.63% |
Tata Motors Ltd. | Automobile | Equity | 0.63% |
Shriram Finance Ltd | Financial | Equity | 0.63% |
JK Cement Ltd. | Construction | Equity | 0.57% |
Aadhar Housing Finance Ltd | Financial | Equity | 0.56% |
Vedanta Ltd. | Metals & Mining | Equity | 0.56% |
Ajanta Pharma Ltd. | Healthcare | Equity | 0.55% |
Vodafone Idea Ltd. | Communication | Equity | 0.54% |
Mphasis Ltd. | Technology | Equity | 0.52% |
Pidilite Industries Ltd. | Chemicals | Equity | 0.52% |
Hero Motocorp Ltd. | Automobile | Equity | 0.51% |
Awfis Space Solutions Ltd. | Services | Equity | 0.51% |
Krishna Institute of Medical Sciences Ltd | Healthcare | Equity | 0.50% |
REC Ltd. | Financial | Equity | 0.50% |
CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 0.48% |
Ethos Ltd. | Services | Equity | 0.48% |
Indusind Bank Ltd. | Financial | Equity | 0.45% |
Trent Ltd. | Services | Equity | 0.45% |
Gabriel India Ltd. | Automobile | Equity | 0.44% |
Info Edge (India) Ltd. | Services | Equity | 0.44% |
JIO Financial Services Ltd. | Financial | Equity | 0.43% |
ABB India Ltd. | Capital Goods | Equity | 0.43% |
HDFC Asset Management Company Ltd. | Financial | Equity | 0.42% |
Quess Corp Ltd. | Financial | Equity | 0.42% |
Ipca Laboratories Ltd. | Healthcare | Equity | 0.41% |
Gokaldas Exports Ltd. | Textiles | Equity | 0.41% |
Birlasoft Ltd. | Technology | Equity | 0.40% |
Max Financial Services Ltd. | Financial | Equity | 0.39% |
JSW Energy Ltd. | Capital Goods | Equity | 0.39% |
Blue Star Ltd. | Consumer Discretionary | Equity | 0.39% |
Coforge Ltd. | Technology | Equity | 0.37% |
Hitachi Energy India Ltd. | Capital Goods | Equity | 0.37% |
Cummins India Ltd. | Capital Goods | Equity | 0.37% |
Escorts Kubota Ltd. | Automobile | Equity | 0.36% |
Cipla Ltd. | Healthcare | Equity | 0.35% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.35% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.34% |
KFin Technologies Ltd. | Financial | Equity | 0.34% |
Ambuja Cements Ltd. | Construction | Equity | 0.32% |
Indian Oil Corporation Ltd. | Energy | Equity | 0.31% |
CE Info Systems Ltd. | Technology | Equity | 0.30% |
Techno Electric & Engineering Company Ltd. | Capital Goods | Equity | 0.30% |
Persistent Systems Ltd. | Technology | Equity | 0.29% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 0.29% |
Nippon Life India Asset Management Ltd. | Financial | Equity | 0.28% |
Voltas Ltd. | Consumer Discretionary | Equity | 0.28% |
Adani Enterprises Ltd. | Services | Equity | 0.27% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.26% |
LTIMindtree Ltd. | Technology | Equity | 0.26% |
Cyient Ltd. | Technology | Equity | 0.25% |
Elgi Equipments Ltd. | Capital Goods | Equity | 0.23% |
Electronics Mart India Ltd. | Services | Equity | 0.23% |
Inventurus Knowledge Solutions Ltd. | Services | Equity | 0.17% |
Reserve Bank of India | Financial | T-Bills | 0.09% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 0.09% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -0.09% |
NTPC Ltd. | Energy | Futures | -0.27% |
Adani Enterprises Ltd. | Services | Futures | -0.27% |
Tata Consultancy Services Ltd. | Technology | Futures | -0.30% |
Indian Oil Corporation Ltd. | Energy | Futures | -0.31% |
Ambuja Cements Ltd. | Construction | Futures | -0.32% |
HDFC Bank Ltd. | Financial | Futures | -0.37% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -0.39% |
Infosys Ltd. | Technology | Futures | -0.40% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.41% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -0.45% |
Indusind Bank Ltd. | Financial | Futures | -0.46% |
Bajaj Finance Ltd. | Financial | Futures | -0.47% |
Hero Motocorp Ltd. | Automobile | Futures | -0.51% |
Vodafone Idea Ltd. | Communication | Futures | -0.54% |
Maruti Suzuki India Ltd. | Automobile | Futures | -0.55% |
Vedanta Ltd. | Metals & Mining | Futures | -0.56% |
Indus Towers Ltd. | Communication | Futures | -0.63% |
Tata Motors Ltd. | Automobile | Futures | -0.63% |
Eicher Motors Ltd. | Automobile | Futures | -0.65% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.69% |
Bajaj Auto Ltd. | Automobile | Futures | -0.70% |
Bharat Electronics Ltd. | Capital Goods | Futures | -0.73% |
HCL Technologies Ltd. | Technology | Futures | -0.73% |
Bharti Airtel Ltd. | Communication | Futures | -0.89% |
United Spirits Ltd. | Consumer Staples | Futures | -0.91% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -0.94% |
Tata Power Company Ltd. | Energy | Futures | -1.06% |
Titan Company Ltd. | Consumer Discretionary | Futures | -1.32% |
Reliance Industries Ltd. | Energy | Futures | -1.44% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
5Y annualised returns higher than category average by 0.52%
Higher alpha: 1.53
The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 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
Cons
Consistently lower annualised returns than category average for the past 1Y and 3Y
Expense ratio, exit load and tax
Expense ratio: 0.92%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 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 | ₹500 |
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
Sanjay BembalkarJan 2023 - PresentView details
Sanjay Bembalkar
Jan 2023 - Present
View details
Education
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience
Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
Also manages these schemes
Gaurav ChopraNov 2024 - PresentView details
Gaurav Chopra
Nov 2024 - Present
View details
Education
Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)
Experience
Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates
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) 6748 3300
Launch Date
30 Dec 2009
E-mail
[email protected]Website
www.unionmf.com
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
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