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  • Union Balanced Advantage Fund (PIDCW-A)

Formerly Union Balanced Advantage Reg DP

Union Mutual Fund

Union Balanced Advantage Fund (PIDCW-A)

HybridDynamic Asset Allocation Or Balanced Advantage

18.95

NAV (Jun 12)

11.8%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in dynamic asset allocation or balanced advantage mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

18.95

NAV (Jun 12)

Fund Returns

Last 1Y
19.1%
Last 3Y
9.7%
Last 5Y
12%
Last 10Y
NA
Since Inception
10.4%
6 Month CAGR
9.3%

Scheme Information

Investment Objective

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 (6y ago)
Jan 04, 2018
AUM in Crores
1594.753
ISIN
INF582M01DK6
Lock-in
No Lock-in
Benchmark
Nifty 50 TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
5.6
Standard Deviation (5yr)
10.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.675
Sharpe Ratio (5yr)
0.623
YTM
6.98
Fund Managers

Parijat Agrawal

Fund Manager

Sanjay Bembalkar

Fund Manager

Hardick Bora

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Union Balanced Advantage Fund (PIDCW-A)70%9,79,519 2,46,90711.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-12

Top Stock Holdings

cash offset for derivatives

18.4%
18.4%

treps

6.7%
6.7%

india (republic of)

6.3%
6.3%

reliance industries ltd

4.6%
4.6%

india (republic of)

4.3%
4.3%
See all holdings

Allocation by Sector

financial services

17.5%
17.5%

industrials

10.9%
10.9%

energy

7.6%
7.6%

consumer cyclical

7.1%
7.1%

technology

5.9%
5.9%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
Edelweiss Balanced Advantage Fund (G)
Edelweiss Balanced Advantage Fund (G)

₹ 11,135 cr

₹ 35,122 cr

₹ 9,275 cr

₹ 2,114 cr

₹ 2,400 cr

amc-img

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 16,601 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.amc-img
phone-img022-24833300
Fund NameScripbox Opinion
Till Date CAGR

17.3%

12.8%

5.7%

6.7%

6.4%

5.3%

5.6%

5.2%

17.3%

12.6%

Union Balanced Advantage Fund (PIDCW-A) Review

Union Balanced Advantage Fund (PIDCW-A) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 10.4% over a period of 6 years. The fund was previously known as Union Balanced Advantage Reg DP. The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Hardick Bora, Parijat Agrawal, Sanjay Bembalkar.

Nav of Union Balanced Advantage Fund (PIDCW-A) as of 6/12/2024 is ₹18.95 with the total AUM as of 6/13/2024 is ₹1594.753. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Balanced Advantage Fund (PIDCW-A) 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 (PIDCW-A) 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 (PIDCW-A)?

Union Balanced Advantage Fund (PIDCW-A) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in Union Balanced Advantage Fund (PIDCW-A)?

You can invest in Union Balanced Advantage Fund (PIDCW-A) 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 (PIDCW-A)?

The minimum sip amount for Union Balanced Advantage Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

Is Union Balanced Advantage Fund (PIDCW-A) good to invest in?

As per Scripbox experts, Union Balanced Advantage Fund (PIDCW-A) is a Neutral fund. You can investUnion Balanced Advantage Fund (PIDCW-A) 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 (PIDCW-A)?

The expense ratio of the Union Balanced Advantage Fund (PIDCW-A) is 2.1% for regular plan.