How to Invest in Union Balanced Advantage Fund Direct Growth?

You can easily invest in Union Balanced Advantage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Union Balanced Advantage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Union Balanced Advantage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Balanced Advantage Fund Direct Growth provide?

The Union Balanced Advantage Fund Direct Growth has been there from 29 Dec 2017 and the average annual returns provided by this fund is 9.90% since its inception.

How much expense ratio is charged by Union Balanced Advantage Fund Direct Growth?

The term Expense Ratio used for Union Balanced Advantage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Union Balanced Advantage Fund Direct Growth is 1.46% as of 30 Aug 2026...

What is the AUM of Union Balanced Advantage Fund Direct Growth?

The AUM, short for Assets Under Management of Union Balanced Advantage Fund Direct Growth is ₹1,238.19Cr as of 30 Aug 2026.

How to Redeem Union Balanced Advantage Fund Direct Growth?

If you want to sell your Union Balanced Advantage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Union Balanced Advantage Fund Direct Growth?

You can select either SIP or Lumpsum investment of Union Balanced Advantage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Union Balanced Advantage Fund Direct Growth?

The NAV of Union Balanced Advantage Fund Direct Growth is ₹22.66 as of 28 Aug 2026.

What is the PE and PB ratio of Union Balanced Advantage Fund Direct Growth?

The PE ratio ratio of Union Balanced Advantage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Union Balanced Advantage Fund Direct Growth

Name: Union Balanced Advantage Fund Direct Growth
Brand: Union Mutual Fund

Hybrid

Dynamic Asset Allocation

Very High Risk

+9.49%

3Y annualised

+0.09% 1D

All

NAV: 28 Aug '26

₹22.66

Min. for SIP

₹500

Fund size (AUM)

₹1,238.19 Cr

Expense ratio

1.46%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
6 months	₹30,000	₹29,638	-1.21%
1 year	₹60,000	₹59,343	-1.09%
3 years	₹1,80,000	₹1,93,168	+7.32%
5 years	₹3,00,000	₹3,59,694	+19.90%

Holdings (98)

Name	Sector	Instruments	Assets
Repo	Unspecified	Repo	6.63%
HDFC Bank Ltd	Financial	Equity	4.72%
ICICI Bank Ltd	Financial	Equity	3.96%
Bharti Airtel Ltd	Technology	Equity	3.71%
State Bank of India	Financial	Equity	3.04%
Reliance Industries Ltd	Energy & Utilities	Equity	2.93%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 176 7.48 BD 16FB34 FVRS1LAC	Financial	Bonds	2.03%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24H 7.62 BD 10MY29 FVRS1LAC	Financial	Debenture	2.03%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IX 7.39 BD 21MR30 FVRS1LAC	Financial	Bonds	2.02%
POWER GRID CORPORATION OF INDIA LIMITED SR LXXX 7.12 BD 24DC34 FVRS1LAC	Energy & Utilities	Bonds	2.00%
PUNJAB NATIONAL BANK CD 09MAR27	Financial	Certificate of Deposit	1.94%
Bajaj Finance Ltd	Financial	Equity	1.91%
Net Receivables	Unspecified	Net Receivables	1.88%
Gabriel India Ltd	Consumer Discretionary	Equity	1.80%
Axis Bank Ltd	Financial	Equity	1.74%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 174 7.67 BD 15DC33 FVRS1LAC	Financial	Bonds	1.65%
Larsen & Toubro Ltd	Industrials	Equity	1.50%
Infosys Ltd	Technology	Equity	1.39%
Maruti Suzuki India Ltd	Consumer Discretionary	Equity	1.34%
CANARA BANK CD 11MAR27	Financial	Certificate of Deposit	1.32%
GOVERNMENT OF INDIA 37629 091 DAYS TBILL 01OT26 FV RS 100	Financial	Treasury Bills	1.28%
Zomato Ltd	Technology	Equity	1.26%
POWER GRID CORPORATION OF INDIA LIMITED SR LXXVI 7.35 BD 12MR34 FVRS1LAC	Energy & Utilities	Bonds	1.21%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC	Financial	Debenture	1.21%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26C 7.27 BD 23FB29 FVRS1LAC	Financial	Debenture	1.21%
Krishna Institute Of Medical Sciences Ltd	Healthcare	Equity	1.17%
Kotak Mahindra Bank Ltd	Financial	Equity	1.12%
Cummins India Ltd	Industrials	Equity	1.05%
Solar Industries India Ltd	Materials	Equity	1.04%
Tata Consumer Products Ltd	Consumer Staples	Equity	1.04%
Clean Max Enviro Energy Solutions Ltd.	Energy & Utilities	Equity	1.01%
Dr. Lal Pathlabs Ltd	Healthcare	Equity	1.00%
JSW Energy Ltd	Energy & Utilities	Equity	0.99%
Max Financial Services Ltd	Financial	Equity	0.90%
Mankind Pharma Ltd.	Healthcare	Equity	0.86%
Shriram Transport Finance Company Ltd	Financial	Equity	0.85%
Torrent Pharmaceuticals Ltd	Healthcare	Equity	0.84%
REC LIMITED SR 227-B 7.71 BD 31OT33 FVRS1LAC	Financial	Debenture	0.82%
Sai Life Sciences Ltd.	Healthcare	Equity	0.82%
ZF Commercial Vehicle Control Systems India Ltd	Consumer Discretionary	Equity	0.82%
Ather Energy Ltd.	Consumer Discretionary	Equity	0.81%
POWER FINANCE CORPORATION LIMITED SR 239 7.44 BD 15JL34 FVRS1LAC	Financial	Debenture	0.81%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 186 7.25 BD 17JN35 FVRS1LAC	Financial	Bonds	0.80%
Hindustan Unilever Ltd	Consumer Staples	Equity	0.79%
BANK OF BARODA CD 08MAR27	Financial	Certificate of Deposit	0.78%
Nippon Life India Asset Management Ltd	Financial	Equity	0.77%
Phoenix Mills Ltd	Real Estate	Equity	0.76%
Ajanta Pharma Ltd	Healthcare	Equity	0.75%
One 97 Communications Ltd	Industrials	Equity	0.75%
Aditya Birla Capital Ltd	Financial	Equity	0.72%
Shadowfax Technologies Ltd.	Industrials	Equity	0.71%
Bharat Electronics Ltd	Industrials	Equity	0.70%
JSW Infrastructure Ltd	Industrials	Equity	0.69%
RBL Bank Ltd	Financial	Equity	0.69%
Swiggy Ltd.	Technology	Equity	0.69%
Ultratech Cement Ltd	Materials	Equity	0.69%
Inventurus Knowledge Solutions Ltd.	Industrials	Equity	0.69%
Godrej Properties Ltd	Real Estate	Equity	0.68%
Pidilite Industries Ltd	Materials	Equity	0.67%
CG Power & Industrial Solutions Ltd	Industrials	Equity	0.66%
Tata Motors Ltd	Industrials	Equity	0.65%
Aarti Industries Ltd	Materials	Equity	0.65%
Engineers India Ltd	Industrials	Equity	0.63%
Bharat Heavy Electricals Ltd	Industrials	Equity	0.59%
Delhivery Ltd	Industrials	Equity	0.58%
Ujjivan Small Finance Bank Ltd	Financial	Equity	0.58%
Gokaldas Exports Ltd	Consumer Discretionary	Equity	0.58%
Fortis Healthcare Ltd	Healthcare	Equity	0.58%
Sona BLW Precision Forgings Ltd	Consumer Discretionary	Equity	0.57%
Divi's Laboratories Ltd	Healthcare	Equity	0.57%
ITD Cementation India Ltd	Industrials	Equity	0.55%
CORONA Remedies Ltd.	Healthcare	Equity	0.52%
Titan Company Ltd	Consumer Discretionary	Equity	0.52%
DOMS Industries Ltd.	Industrials	Equity	0.51%
Mphasis Ltd	Technology	Equity	0.49%
Varun Beverages Ltd	Consumer Staples	Equity	0.49%
Billionbrains Garage Ventures Ltd.	Financial	Equity	0.49%
HCL Technologies Ltd	Technology	Equity	0.48%
Ipca Laboratories Ltd	Healthcare	Equity	0.47%
Apar Industries Ltd	Diversified	Equity	0.46%
FSN E-Commerce Ventures Ltd	Consumer Discretionary	Equity	0.43%
Jindal Steel & Power Ltd	Materials	Equity	0.43%
Oil & Natural Gas Corporation Ltd	Energy & Utilities	Equity	0.42%
Amber Enterprises India Ltd	Consumer Discretionary	Equity	0.41%
Sun Pharmaceutical Industries Ltd	Healthcare	Equity	0.37%
GE T&D India Ltd	Industrials	Equity	0.35%
Oil India Ltd	Energy & Utilities	Equity	0.34%
Trent Ltd	Consumer Discretionary	Equity	0.33%
NTPC Ltd	Energy & Utilities	Equity	0.31%
Persistent Systems Ltd	Technology	Equity	0.24%
Cash Margin	Unspecified	Cash Margin	0.23%
Grasim Industries Ltd	Materials	Equity	0.23%
Wockhardt Ltd	Healthcare	Equity	0.16%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC	Financial	Bonds	0.16%
LG Electronics India Ltd.	Consumer Discretionary	Equity	0.12%
GOVERNMENT OF INDIA 37448 091 DAYS TBILL 20AG26 FV RS 100	Financial	Treasury Bills	0.08%
TVS Motor Company Ltd - Pref. Shares	Consumer Discretionary	Preference Shares	0.02%
Grasim Industries Ltd. 25.08.2026	Materials	Futures	-0.23%

See All

Minimum investments

Min. for 1st investment

₹1,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+5.0%	+9.5%	+8.4%	+9.9%
Category average (Hybrid Dynamic Asset Allocation)	+4.6%	+11.9%	+10.7%	--
Rank (Hybrid Dynamic Asset Allocation)	20	26	18	--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 15 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	HDFC Balanced Advantage Fund Direct Growth	+3.88%	+13.02%	1,07,765.65
	Aditya Birla Sun Life Balanced Advantage Fund Direct Growth	+10.11%	+12.96%	9,804.08
	ICICI Prudential Balanced Advantage Direct Growth	+8.32%	+12.73%	74,555.42
	Nippon India Balanced Advantage Fund Direct Growth	+7.13%	+12.02%	9,898.19
	DSP Dynamic Asset Allocation Fund Direct Growth	+7.25%	+11.49%	3,780.28
Compare

Fund management

VT
Vishal Thakker
Oct 2025 - Present
View details

Education

Mr.Thakker has done B.Com & M.B.A

Experience

Prior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.

Also manages these schemes

Union Balanced Advantage Fund Direct Growth

Union Arbitrage Fund Direct Growth

Union Income Plus Arbitrage Active FoF Direct Growth

SB
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

Union Flexi Cap Fund Direct Growth

Union ELSS Tax Saver Fund Direct Growth

Union Largecap Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

Union Equity Savings Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Union Multicap Fund Direct Growth

Union Innovation & Opportunities Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

Union Active Momentum Fund Direct Growth

Union Consumption Fund Direct Growth

GC
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

Union Small Cap Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

Union Equity Savings Fund Direct Growth

Union Value Fund Direct Growth

Union Midcap Fund Direct Growth

Union Innovation & Opportunities Fund Direct Growth

Union Children's Fund Direct Growth

Union Active Momentum Fund Direct Growth

Union Diversified Equity All Cap Active FoF Direct Growth

PA
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

Union Liquid Fund Direct Growth

Union Dynamic Term Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

Union Corporate Bond Fund Direct Growth

Union Equity Savings Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Union Money Market Fund Direct Growth

Union Gilt Fund Direct Growth

Union Children's Fund Direct Growth

About Union Balanced Advantage Fund Direct Growth

Union Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Vishal Thakker is the Current Fund Manager of Union Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹27,930 Cr and the Latest NAV as of 28 Aug 2026 is ₹22.66. The Union Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 1%, 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.

Fund benchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index

Scheme Information Document(SID)