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Union Balanced Advantage Fund Regular Growth-0.43%

23.49%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
All

Fund Details

Union Balanced Advantage Fund Regular Growth

RiskModerately High
Min SIP Amount₹2000
Expense Ratio2.53%
NAV₹13.88 (22 Jan 2021)
Fund Started29 Dec 2017
Fund Size605 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
23.5%
11.4%
-
11.4%
Category Average
12.6%
6.7%
9.4%
-
Rank Within Category
3
1
-
-
*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 23.5% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category
4. Risk is higher compared to the benchmark
5. Higher expense ratio
6. 1Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Age is less than 3 years
9. Higher expense ratio - 2.57%

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity6.6%
Infosys Ltd.TechnologyEquity5.1%
Reliance Industries Ltd.EnergyEquity4.8%
State Bank of IndiaFinancialDebenture4.2%
National Thermal Power Corp. Ltd.EnergyDebenture4.2%
Housing Development Finance Corpn. Ltd.FinancialEquity4.0%
ICICI Bank Ltd.FinancialEquity3.5%
Indian Railway Finance Corpn. Ltd.FinancialDebenture2.6%
National Highways Authority of India Ltd.ServicesDebenture2.6%
National Bank For Agriculture & Rural DevelopmentFinancialNCD2.6%
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 Growth Details

Union Balanced Advantage Fund Regular Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹605 Cr and the Latest NAV as of 22 Jan 2021 is ₹13.88.

The Union Balanced Advantage Fund Regular Growth is rated Moderately High 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
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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