Union Balanced Advantage Fund Regular Dividend is a Hybrid Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was introduced to investors on 29 Dec 2017. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Balanced Advantage Fund Regular Dividend.The fund currently has an Asset Under Management(AUM) of ₹517 Cr and the Latest NAV as of 19 Aug 2019 is ₹10.7.
The Union Balanced Advantage Fund Regular Dividend is rated Moderately High risk. Minimum SIP Investment is 0. For units in excess of 20% of the investment,1% will be charged for redemption within 18 months..
Investment Objective
To achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available.
Tax Implications
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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment
For units in excess of 20% of the investment,1% will be charged for redemption within 18 months.
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