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- Union Mutual Fund
- Union Balanced Advantage Fund (Growth)
Union Balanced Advantage Fund (Growth)
₹ 15.18
NAV (Mar 21)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 15.18
NAV (Mar 21)
Fund Returns
Last 1Y | 1.8% |
Last 3Y | 16.8% |
Last 5Y | 9.1% |
Last 10Y | NA |
Since Inception | 8.3% |
6 Month CAGR | -0.8% |
Scheme Information
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.
Expense Ratio | 2.1 |
Launched (5y ago) | Jan 04, 2018 |
AUM in Crores | 1679.194 |
ISIN | INF582M01DI0 |
Lock-in | No Lock-in |
Benchmark | IISL Nifty 50 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 12.7 |
Standard Deviation (5yr) | 10.5 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.609 |
Sharpe Ratio (5yr) | 0.388 |
YTM | 7.2 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Union Balanced Advantage Fund (Growth) | 914,458 | 181,846 | 9.1% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Stock Holdings
cash offset for derivatives
71.1%derivatives total
35.6%treps
5.1%hdfc bank ltd
4.3%icici bank ltd
4.2%Allocation by Sector
financial services
21.5%technology
8.7%consumer defensive
7.5%basic materials
7.5%consumer cyclical
6.2%Compare Union Balanced Advantage Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 21,232 cr | ||
₹ 1,013 cr | ||
₹ 634 cr | ||
₹ 2,705 cr | ||
₹ 415 cr |
About the AMC
Union Asset Management Co. Pvt. Ltd.
Union Asset Management Co. Pvt. Ltd. manages assets worth 10,667 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,38 debt and 12 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
27.3% | 13.3% | ||
27.3% | 13.1% | ||
27.3% | 13.1% | ||
26.2% | 10.3% | ||
28.5% | 12.6% |
Union Balanced Advantage Fund (G) Review
Union Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 8.3% 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 3/21/2023 is ₹15.18 with the total AUM as of 3/22/2023 is ₹1679.194. 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 Moderate 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.
Frequently Asked Questions
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 2.1% for regular plan.