Dynamic asset allocation or balanced advantage funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Outperformance Consistency metric has been Good
NAV (Sep 29)
6 Month CAGR
To achieve long term capital appreciation and generate income through an equity portfolio by using long equities,equity derivatives and arbitrage opportunities available. However,there is no assurance that the Investment Objective of the scheme will be achieved.
Launched (5y ago)
Jan 04, 2018
AUM in Crores
IISL Nifty 50 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Union Balanced Advantage Fund (Growth)||9,45,068||2,12,456||10.4%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
cash offset for derivatives13.9%
hdfc bank ltd5.9%
icici bank ltd5.2%
reliance industries ltd4.7%
|Fund Name||Fund Size||Rolling Returns|
₹ 9,394 cr
₹ 25,274 cr
₹ 7,475 cr
₹ 1,335 cr
₹ 978 cr
Union Asset Management Co. Pvt. Ltd.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Union Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 9.2% over a period of 5 years. The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Hardick Bora, Parijat Agrawal, Sanjay Bembalkar, Vinay Paharia.
Nav of Union Balanced Advantage Fund (G) as of 9/29/2023 is ₹16.56 with the total AUM as of 10/1/2023 is ₹1600.248. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Balanced Advantage Fund (G) was launched on Jan 04, 2018. The category risk of the fund is Very High Risk.
The minimum SIP amount for Union Balanced Advantage Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
What is Union Balanced Advantage Fund (G)?
How to invest in Union Balanced Advantage Fund (G)?
You can invest in Union Balanced Advantage Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Union Balanced Advantage Fund (G)?
The minimum sip amount for Union Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Union Balanced Advantage Fund (G) good to invest in?
As per Scripbox experts, Union Balanced Advantage Fund (G) is a Neutral fund. You can investUnion Balanced Advantage Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Union Balanced Advantage Fund (G)?
The expense ratio of the Union Balanced Advantage Fund (G) is 2.08% for regular plan.