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Union Balanced Advantage Fund Regular IDCW+0.14%

28.90%
1 Year Return
Hybrid
Dynamic Asset Allocation
5.0star
6M
1Y
3Y
All

Fund Details

Union Balanced Advantage Fund Regular IDCW

RiskModerate
Min SIP Amount₹2000
Expense Ratio2.32%
NAV₹14.36 (22 Jun 2021)
Fund Started29 Dec 2017
Fund Size964 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
28.9%
12.7%
-
11.4%
Category Average
26.3%
6.7%
8.4%
-
Rank Within Category
9
2
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount2,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 28.9% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
Cons
1. Higher expense ratio - 2.35%

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity4.5%
GOISovereignGOI Sec3.6%
ICICI Bank Ltd.FinancialEquity3.3%
Housing Development Finance Corpn. Ltd.FinancialEquity3.3%
Reliance Industries Ltd.EnergyEquity3.2%
Infosys Ltd.TechnologyEquity3.2%
Tata Consultancy Services Ltd.TechnologyEquity2.9%
National Thermal Power Corp. Ltd.EnergyDebenture2.6%
State Bank of IndiaFinancial2.5%
Tata Steel Ltd.MetalsEquity2.3%
See All

Fund Managers

Vinay Paharia
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Anshul Mishra
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Hardick Bora
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Union Balanced Advantage Fund Regular IDCW Details

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 29 Dec 2017. 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 ₹964 Cr and the Latest NAV as of 22 Jun 2021 is ₹14.36.

The Union Balanced Advantage Fund Regular IDCW is rated Moderate risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000. 1% exit load 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.

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)

₹5000
Min for First Investment
₹1000
Min for Second Investment
1% exit load if redeemed within 15 days.
Exit Load

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About Union Mutual Fund

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
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,
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