Name: Union Balanced Advantage Fund Regular IDCW
Brand: Union Mutual Fund

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Union Balanced Advantage Fund Regular IDCW
Hybrid
Dynamic Asset Allocation
Moderate Risk
25.74%
1Y return
0.00% 1D
1M
6M
1Y
3Y
All
 NAV: 22 Sep 2021₹14.95
Min. SIP amountNA
Rating5star
Fund size₹1,323.69 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA25.7%13.7%11.4%
Category averageNA24.8%9.3%NA
Rank with in categoryNA152NA
Understand termsinfo
Holdings (99)NameSectorInstrumentAssets
GOI
SovereignGOI Sec5.7%
HDFC Bank Ltd.
FinancialEquity4.2%
ICICI Bank Ltd.
FinancialEquity3.6%
Infosys Ltd.
TechnologyEquity3.3%
Reliance Industries Ltd.
EnergyEquity3.1%
GOI
SovereignGOI Sec3.0%
Housing Development Finance Corpn. Ltd.
FinancialEquity3.0%
Tata Consultancy Services Ltd.
TechnologyEquity2.8%
Bharti Airtel Ltd.
CommunicationEquity2.6%
GOI
SovereignGOI Sec2.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Hybrid Dynamic Asset Allocation
thumb_up_altPros
3Y Returns are higher than the category average returns
thumb_down_altCons
Higher expense ratio - 2.21%
1Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2021 - Present
2.21%
31 Jul 2021 - 31 Aug 2021
2.23%
30 Jun 2021 - 31 Jul 2021
2.29%
31 May 2021 - 30 Jun 2021
2.32%
30 Apr 2021 - 31 May 2021
2.35%
31 Mar 2021 - 30 Apr 2021
2.48%
28 Feb 2021 - 31 Mar 2021
2.49%
31 Jan 2021 - 28 Feb 2021
2.50%
31 Dec 2020 - 31 Jan 2021
2.53%
30 Nov 2020 - 31 Dec 2020
2.54%
31 Oct 2020 - 30 Nov 2020
2.57%
30 Sep 2020 - 31 Oct 2020
2.57%
31 Aug 2020 - 30 Sep 2020
2.57%
31 Jul 2020 - 31 Aug 2020
2.58%
30 Jun 2020 - 31 Jul 2020
2.58%
31 May 2020 - 30 Jun 2020
2.58%
30 Apr 2020 - 31 May 2020
2.58%
31 Mar 2020 - 30 Apr 2020
2.74%
29 Feb 2020 - 31 Mar 2020
2.68%
31 Jan 2020 - 29 Feb 2020
2.62%
31 Dec 2019 - 31 Jan 2020
2.57%
30 Nov 2019 - 31 Dec 2019
2.57%
31 Oct 2019 - 30 Nov 2019
2.57%
30 Sep 2019 - 31 Oct 2019
2.56%
31 Aug 2019 - 30 Sep 2019
2.56%
31 Jul 2019 - 31 Aug 2019
2.56%
30 Jun 2019 - 31 Jul 2019
2.53%
31 May 2019 - 30 Jun 2019
2.53%
30 Apr 2019 - 31 May 2019
2.53%
31 Mar 2019 - 30 Apr 2019
2.53%
28 Feb 2019 - 31 Mar 2019
2.57%
31 Jan 2019 - 28 Feb 2019
2.65%
31 Dec 2018 - 31 Jan 2019
2.90%
30 Nov 2018 - 31 Dec 2018
2.65%
31 Oct 2018 - 30 Nov 2018
2.65%
30 Sep 2018 - 31 Oct 2018
2.51%
31 Aug 2018 - 30 Sep 2018
2.51%
31 Jul 2018 - 31 Aug 2018
2.51%
30 Jun 2018 - 31 Jul 2018
2.51%
31 May 2018 - 30 Jun 2018
2.48%
30 Apr 2018 - 31 May 2018
2.67%
31 Mar 2018 - 30 Apr 2018
2.45%
28 Feb 2018 - 31 Mar 2018
2.70%
31 Jan 2018 - 28 Feb 2018
2.73%
31 Dec 2017 - 31 Jan 2018
2.74%
Expense ratio, exit load and taxExpense ratio: 2.21%Inclusive of GST
Exit load1% exit load if redeemed within 15 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementParijat Agrawal
Dec 2017 - Present
View details
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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 Growth
Union Liquid Fund IDCW Monthly
Union Dynamic Bond Fund Growth
Union Dynamic Bond Fund IDCW
Union Asset Allocation Fund Growth
Union Asset Allocation Fund IDCW
Union Liquid Fund Direct Growth
Union Dynamic Bond Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Capital Protection Oriented Fund Series 7 Regular Growth
Union Capital Protection Oriented Fund Series 8 Regular Growth
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Corporate Bond Fund Regular Growth
Union Corporate Bond Fund Direct Growth
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Direct Growth
Union Medium Duration Fund Regular Growth
Union Medium Duration Fund Regular IDCW
Union Medium Duration Fund Direct Growth
Union Medium Duration Fund Direct IDCW
Vinay Paharia
Jun 2018 - Present
View details
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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
Union Flexi Cap Fund Growth
Union Flexi Cap Fund IDCW
Union Long Term Equity Fund Growth
Union Long Term Equity Fund IDCW
Union Asset Allocation Fund Growth
Union Asset Allocation Fund IDCW
Union Flexi Cap Fund Direct Growth
Union Flexi Cap Fund Direct IDCW
Union Long Term Equity Fund Direct IDCW
Union Long Term Equity Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Small Cap Fund Direct IDCW
Union Small Cap Fund Regular Growth
Union Small Cap Fund Regular IDCW
Union Small Cap Fund Direct Growth
Union Capital Protection Oriented Fund Series 7 Regular Growth
Union Largecap Fund Regular Growth
Union Largecap Fund Direct Growth
Union Largecap Fund Regular IDCW
Union Capital Protection Oriented Fund Series 8 Regular Growth
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Direct Growth
Union Value Discovery Fund Regular Growth
Union Value Discovery Fund Direct IDCW
Union Focused Fund Regular Growth
Union Focused Fund Direct Growth
Union Large & Midcap Fund Regular Growth
Union Large & Midcap Fund Regular IDCW
Union Large & Midcap Fund Direct Growth
Union Large & Midcap Fund Direct IDCW
Union Midcap Fund Regular Growth
Union Midcap Fund Direct Growth
Anshul Mishra
Dec 2017 - Present
View details
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Education
Mr. Mishra is a B.E (Mechanical Engineering), CFA and PGDM (Finance & Marketing)
Experience
Prior to joining Union Mutual Fund, he has worked with IDBI AMC - Fund Manager - Equity, AVP - Equity Dealer and Research, ING Investment Management (India) Private Limited (April 2008 - May 2011) and as Manager - Investments (Equity) Treasury, IDBI Bank Ltd. (May 2005 -March 2008)
Also manages these schemes
Union Long Term Equity Fund Growth
Union Long Term Equity Fund IDCW
Union Long Term Equity Fund Direct IDCW
Union Long Term Equity Fund Direct Growth
Union Largecap Fund Regular Growth
Union Largecap Fund Direct Growth
Union Largecap Fund Regular IDCW
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Hardick Bora
Jun 2018 - Present
View details
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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
Union Flexi Cap Fund Growth
Union Flexi Cap Fund IDCW
Union Long Term Equity Fund Growth
Union Long Term Equity Fund IDCW
Union Flexi Cap Fund Direct Growth
Union Flexi Cap Fund Direct IDCW
Union Long Term Equity Fund Direct IDCW
Union Long Term Equity Fund Direct Growth
Union Small Cap Fund Direct IDCW
Union Small Cap Fund Regular Growth
Union Small Cap Fund Regular IDCW
Union Small Cap Fund Direct Growth
Union Largecap Fund Regular Growth
Union Largecap Fund Direct Growth
Union Largecap Fund Regular IDCW
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Direct Growth
Union Value Discovery Fund Regular Growth
Union Value Discovery Fund Direct IDCW
Union Focused Fund Regular Growth
Union Focused Fund Direct Growth
Union Large & Midcap Fund Regular Growth
Union Large & Midcap Fund Regular IDCW
Union Large & Midcap Fund Direct Growth
Union Large & Midcap Fund Direct IDCW
Union Midcap Fund Regular Growth
Union Midcap Fund Direct Growth
Fund house & investment objective
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Union Mutual Fund
Rank (total assets)#27 in India
Total AUM5,207.10 Cr
Date of Incorporation23 Mar 2011
Union Balanced Advantage Fund Regular IDCW is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors o
Union Balanced Advantage Fund Regular IDCW is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 23 Mar 2011. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Balanced Advantage Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹5,207 Cr and the Latest NAV as of 22 Sep 2021 is ₹14.95.
The Union Balanced Advantage Fund Regular IDCW is rated Moderate risk. Minimum SIP Investment is set to 2000. 1% exit load if redeemed within 15 days....Read more
Investment Objective
The scheme seeks to achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives 
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.
...Read more
Fund benchmarkGroww Debt Hybrid
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Unit 802, 8th Floor, Tower ‘A’, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai - 400013
Phone
022-24833300
Launch Date
23 Mar 2011
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.com
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Union Balanced Advantage Fund Regular IDCW
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	6M	1Y	3Y	All
Fund returns	NA	25.7%	13.7%	11.4%
Category average	NA	24.8%	9.3%	NA
Rank with in category	NA	15	2	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	5.7%
HDFC Bank Ltd.	Financial	Equity	4.2%
ICICI Bank Ltd.	Financial	Equity	3.6%
Infosys Ltd.	Technology	Equity	3.3%
Reliance Industries Ltd.	Energy	Equity	3.1%
GOI	Sovereign	GOI Sec	3.0%
Housing Development Finance Corpn. Ltd.	Financial	Equity	3.0%
Tata Consultancy Services Ltd.	Technology	Equity	2.8%
Bharti Airtel Ltd.	Communication	Equity	2.6%
GOI	Sovereign	GOI Sec	2.6%

Rating	5
Fund size	₹1,323.69 Cr

Rank (total assets)	#27 in India
Total AUM	5,207.10 Cr