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| NAV: 13 Dec 2024 | ₹21.33 |
| 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 | 15.9% | 11.3% | 13.4% | 11.5% |
| Category average | 18.4% | 12.1% | 13.1% | NA |
| Rank with in category | 28 | 23 | 13 | NA |
Understand terms
Peer Comparison
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Plan Growth | 5 | 22.9% | 23.2% | 96,535.51 |
Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4 | 22.0% | 15.2% | 4,186.97 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 16.7% | 13.5% | 62,050.92 |
Edelweiss Balanced Advantage Fund Direct Growth | 4 | 20.0% | 13.4% | 12,689.91 |
Kotak Balanced Advantage Fund Direct Growth | 4 | 20.4% | 13.4% | 17,205.51 |
Holdings (133)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 4.73% |
HDFC Bank Ltd. | Financial | Equity | 4.46% |
Reliance Industries Ltd. | Energy | Equity | 4.30% |
Reserve Bank of India | Financial | T-Bills | 3.42% |
Reserve Bank of India | Financial | T-Bills | 3.37% |
ICICI Bank Ltd. | Financial | Equity | 3.33% |
Infosys Ltd. | Technology | Equity | 2.66% |
Bharti Airtel Ltd. | Communication | Equity | 2.65% |
Reserve Bank of India | Financial | T-Bills | 2.04% |
Larsen & Toubro Ltd. | Construction | Equity | 1.86% |
Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.74% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 1.73% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.69% |
NTPC Ltd. | Energy | Equity | 1.49% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.43% |
Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.41% |
Tata Motors Ltd. | Automobile | Equity | 1.41% |
United Spirits Ltd. | Consumer Staples | Equity | 1.36% |
National Stock Exchange Of India Ltd. | Financial | ID | 1.34% |
ITC Ltd. | Consumer Staples | Equity | 1.33% |
Bharat Electronics Ltd. | Capital Goods | Equity | 1.32% |
HCL Technologies Ltd. | Technology | Equity | 1.19% |
Tata Power Company Ltd. | Energy | Equity | 1.16% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.05% |
Power Grid Corporation Of India Ltd. | Energy | Bonds | 1.05% |
REC Ltd. | Financial | NCD | 1.04% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.03% |
Mphasis Ltd. | Technology | Equity | 1.03% |
Bajaj Finance Ltd. | Financial | Equity | 1.01% |
Varun Beverages Ltd. | Consumer Staples | Equity | 0.99% |
Eicher Motors Ltd. | Automobile | Equity | 0.98% |
Axis Bank Ltd. | Financial | Equity | 0.93% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 0.89% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.87% |
Lupin Ltd. | Healthcare | Equity | 0.86% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.83% |
TVS Motor Company Ltd. | Automobile | Equity | 0.81% |
State Bank of India | Financial | Equity | 0.80% |
Maruti Suzuki India Ltd. | Automobile | Equity | 0.77% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.75% |
REC Ltd. | Financial | Debenture | 0.70% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.69% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 0.68% |
Shriram Finance Ltd | Financial | Equity | 0.67% |
Zomato Ltd. | Services | Equity | 0.65% |
Titan Company Ltd. | Consumer Discretionary | Equity | 0.64% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 0.63% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.63% |
Max Healthcare Institute Ltd. | Healthcare | Equity | 0.62% |
Hero Motocorp Ltd. | Automobile | Equity | 0.60% |
Vedanta Ltd. | Metals & Mining | Equity | 0.57% |
Aadhar Housing Finance Ltd | Financial | Equity | 0.57% |
Ajanta Pharma Ltd. | Healthcare | Equity | 0.56% |
Pidilite Industries Ltd. | Chemicals | Equity | 0.55% |
Vodafone Idea Ltd. | Communication | Equity | 0.54% |
JK Cement Ltd. | Construction | Equity | 0.52% |
Indusind Bank Ltd. | Financial | Equity | 0.49% |
Bharti Hexacom Ltd. | Communication | Equity | 0.48% |
Persistent Systems Ltd. | Technology | Equity | 0.47% |
Ethos Ltd. | Services | Equity | 0.47% |
Interglobe Aviation Ltd. | Services | Equity | 0.47% |
JIO Financial Services Ltd. | Financial | Equity | 0.46% |
CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 0.46% |
ABB India Ltd. | Capital Goods | Equity | 0.45% |
Quess Corp Ltd. | Financial | Equity | 0.44% |
Trent Ltd. | Services | Equity | 0.44% |
Max Financial Services Ltd. | Financial | Equity | 0.44% |
HDFC Asset Management Company Ltd. | Financial | Equity | 0.42% |
Gabriel India Ltd. | Automobile | Equity | 0.42% |
JSW Energy Ltd. | Capital Goods | Equity | 0.40% |
Escorts Kubota Ltd. | Automobile | Equity | 0.39% |
Birlasoft Ltd. | Technology | Equity | 0.39% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.38% |
Cummins India Ltd. | Capital Goods | Equity | 0.38% |
Aurobindo Pharma Ltd. | Healthcare | Equity | 0.38% |
Ipca Laboratories Ltd. | Healthcare | Equity | 0.37% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.37% |
CE Info Systems Ltd. | Technology | Equity | 0.37% |
Info Edge (India) Ltd. | Services | Equity | 0.37% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.36% |
REC Ltd. | Financial | Equity | 0.36% |
Finolex Industries Ltd. | Chemicals | Equity | 0.35% |
Hitachi Energy India Ltd. | Capital Goods | Equity | 0.35% |
KFin Technologies Ltd. | Financial | Equity | 0.35% |
Cipla Ltd. | Healthcare | Equity | 0.34% |
Ambuja Cements Ltd. | Construction | Equity | 0.34% |
Blue Star Ltd. | Consumer Discretionary | Equity | 0.33% |
Tata Communications Ltd. | Communication | Equity | 0.32% |
Gokaldas Exports Ltd. | Textiles | Equity | 0.31% |
Indian Oil Corporation Ltd. | Energy | Equity | 0.31% |
Adani Enterprises Ltd. | Services | Equity | 0.31% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 0.30% |
Techno Electric & Engineering Company Ltd. | Capital Goods | Equity | 0.29% |
Coforge Ltd. | Technology | Equity | 0.29% |
KNR Constructions Ltd. | Construction | Equity | 0.28% |
Nippon Life India Asset Management Ltd. | Financial | Equity | 0.27% |
Electronics Mart India Ltd. | Services | Equity | 0.26% |
Elgi Equipments Ltd. | Capital Goods | Equity | 0.26% |
LTIMindtree Ltd. | Technology | Equity | 0.26% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.25% |
Cyient Ltd. | Technology | Equity | 0.25% |
Voltas Ltd. | Consumer Discretionary | Equity | 0.25% |
Reserve Bank of India | Financial | T-Bills | 0.13% |
Power Finance Corporation Ltd. | Financial | Equity | 0.09% |
Maruti Suzuki India Ltd. | Automobile | Futures | -0.21% |
Tata Consultancy Services Ltd. | Technology | Futures | -0.28% |
Adani Enterprises Ltd. | Services | Futures | -0.31% |
Indian Oil Corporation Ltd. | Energy | Futures | -0.32% |
Tata Communications Ltd. | Communication | Futures | -0.32% |
NTPC Ltd. | Energy | Futures | -0.32% |
Ambuja Cements Ltd. | Construction | Futures | -0.34% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -0.35% |
Infosys Ltd. | Technology | Futures | -0.36% |
Bharat Petroleum Corporation Ltd. | Energy | Futures | -0.37% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.43% |
Bajaj Finance Ltd. | Financial | Futures | -0.47% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -0.48% |
Indusind Bank Ltd. | Financial | Futures | -0.49% |
Vodafone Idea Ltd. | Communication | Futures | -0.54% |
Vedanta Ltd. | Metals & Mining | Futures | -0.57% |
Hero Motocorp Ltd. | Automobile | Futures | -0.60% |
Titan Company Ltd. | Consumer Discretionary | Futures | -0.64% |
HCL Technologies Ltd. | Technology | Futures | -0.67% |
HDFC Bank Ltd. | Financial | Futures | -0.68% |
Bharat Electronics Ltd. | Capital Goods | Futures | -0.69% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.76% |
United Spirits Ltd. | Consumer Staples | Futures | -0.79% |
Bharti Airtel Ltd. | Communication | Futures | -0.89% |
Eicher Motors Ltd. | Automobile | Futures | -0.99% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -1.05% |
Tata Power Company Ltd. | Energy | Futures | -1.17% |
Tata Motors Ltd. | Automobile | Futures | -1.42% |
Reliance Industries Ltd. | Energy | Futures | -1.54% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
5Y annualised returns higher than category average by 0.24%
Higher alpha: 1.15
The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Lower expense ratio: 0.98%
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: 0.98%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 15 days.
Stamp duty
0.005% (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%.
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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