NAV as on 01-04-2025
₹ 20.46
Inception Returns
10.5%
/yr
Union Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 4 January, 2018. The fund is managed by Sanjay Bembalkar. This fund gives you the benefit of diversification.
Union Balanced Advantage Fund Direct Growth has given a CAGR return of 10.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.28%, 10.14% and 16.35% respectively.
Union Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Tech, Industrial, Basic Materials, Energy, Communication, Consumer Defensive, Health, Utilities, Corporate.
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Balanced Advantage Fund Direct Growth has no lock in period.
Expense ratio | 0.98% |
Benchmark | null |
AUM | ₹1319 Cr |
Inception Date | 4 January, 2018 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 133.29% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (01-Apr-25)
as on (28-Feb-25)
Top 3 Sectors in February were Government, Financial Services & Consumer Cyclical
More funds from Union
Union Aggressive Hybrid Fund Direct Growth
3Y CAGR
▲ 12.28
Union Equity Savings Fund Direct Growth
5Y CAGR
▲ 10.89
Union Arbitrage Fund Direct Growth
5Y CAGR
▲ 5.83
Union Retirement Fund Direct Growth
1Y CAGR
▲ 7.06
Union Children's Fund Direct Growth
1Y CAGR
▲ 8.91
Union Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.82% | 4.82% |
6 Month Returns | -3.64% | -3.64% |
1 Year Returns | 6.28% | 6.28% |
3 Years Returns | 33.59% | 10.14% |
5 Years Returns | 113.22% | 16.35% |
AAA | 100 |