Union Balanced Advantage Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

NAV as on 01-04-2025

₹ 20.46

Inception Returns

10.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
44 people have invested ₹ 7L in Union Balanced Advantage Fund Direct Growth in the last three months

About Union Balanced Advantage Fund Direct Growth

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.

Key Parameters

  1. Union Balanced Advantage Fund Direct Growth has ₹1319 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

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.

Holdings

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.

Taxation

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 benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Union Balanced Advantage Fund Direct Growth

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 and lockin period

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.

Union Balanced Advantage Fund Direct Growth Overview

Expense ratio0.98%
Benchmark
null
AUM₹1319 Cr
Inception Date4 January, 2018
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
133.29%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (01-Apr-25)

Period
Union Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation Index
1M
4.8%
3.4%
3M
-1.4%
-3.3%
6M
-3.6%
-6.4%
1Y
6.3%
5.2%
3Y
10.1%
10.6%
5Y
16.4%
15.7%

Fund Distribution

as on (28-Feb-25)

  • Equity 38.9%

  • Debt & Cash 61.1%

Large cap
53.3%

Mid cap
9.6%

Small cap
4.1%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
22.6%
Consumer Cyclical
14.3%
Tech
11.4%
Industrial
10.6%
Basic Materials
9%
Energy
8.4%
Communication
7.1%
Consumer Defensive
6.3%
Health
6.2%
Utilities
4.1%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 1.3K Cr
₹ 1.4K Cr
₹ 1.5K Cr
  • AUM of the fund stands at 1.3K Cr as of Feb'25
  • AUM decreased by 111.8 Cr between Feb'25 and Jan'25
Top Stocks sold last month
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.41 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.41 %
National Bank For Agriculture And Rural Development's allocation decreased from 1.59 % to 1.03 %
National Bank For Agriculture And Rural Development's allocation decreased from 1.59 % to 1.03 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 1.03 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 1.03 %

Top 3 Sectors in February were Government, Financial Services & Consumer Cyclical

Feb'25
Financial Services
23%
Government
21%
Consumer Cyclical
14%
Jan'25
Government
29%
Financial Services
21%
Consumer Cyclical
14%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
129
133
134
Top 5 Company Concentration
17.7%
17.1%
17.7%
Company having highest exposure
Reliance Industries Ltd (4.3%)
Reliance Industries Ltd (4.3%)
HDFC Bank Ltd (4.6%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
79.7%
88.1%
85%
Sector having highest exposure
Financial Services (22.6%)
Government (28.9%)
Government (23.6%)
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Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Balanced Advantage Fund Direct Growth, since 25 January 2023
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹25.08K Cr
as on 28-Feb-2025
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Website
investorcare@unionmf.com

Mutual Fund Insights

Insights icon
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.52% return, outperforming this fund by 10.39% per annum.
Insights icon
In the last 1 year, DSP Dynamic Asset Allocation Fund Direct Growth has given 13.93% return, outperforming this fund by 7.65%.
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Over the last 6 months, this fund has experienced a 15.2% drop in AUM moving from 1.55K Cr to 1.31K Cr.
Insights icon
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 27.47% return, outperforming this fund by 11.12% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (dynamic asset allocation). Its expense ratio is 0.98% which is lower than the category average expense ratio of 1.17%.

Union Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.53% since inception which is more than its category average return of 9.66%
Fund Allocations

Fund Allocations

This fund has an allocation of 38.95% in Equity, 14.19% in Debt and 46.86% in Cash related instruments
AUM size ₹1319 Cr

AUM size ₹1319 Cr

This fund has AUM of ₹1319 Cr which is less than its category average of ₹ 9419 Cr
Expense Ratio 0.98%

Expense Ratio 0.98%

This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.34%

More funds from Union

Union Aggressive Hybrid Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

3Y CAGR

▲ 12.28

Union Equity Savings Fund Direct Growth

Union Equity Savings Fund Direct Growth

5Y CAGR

▲ 10.89

Union Arbitrage Fund Direct Growth

Union Arbitrage Fund Direct Growth

5Y CAGR

▲ 5.83

Union Retirement Fund Direct Growth

Union Retirement Fund Direct Growth

1Y CAGR

▲ 7.06

Union Children's Fund Direct Growth

Union Children's Fund Direct Growth

1Y CAGR

▲ 8.91

Frequently Asked Questions for Union Balanced Advantage Fund Direct Growth

The current NAV of Union Balanced Advantage Fund Direct Growth is ₹20.46 as on 01-Apr-2025.
Existing (Absolute + CAGR) as on 01-Apr-2025.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.98% as on March 2025
₹1319 Cr as on March 2025
Reliance Industries Ltd(4.3%), HDFC Bank Ltd(4.24%), 182 DTB 10042025(3.76%), ICICI Bank Ltd(3.44%), 182 DTB 08052025(3%) as on March 2025
Cash Equivalent(46.86%), Government(12.66%), Financial Services(8.81%) as on March 2025
AAA
100
Sanjay Bembalkar is the fund manager of Union Balanced Advantage Fund Direct Growth
The Exit load of Union Balanced Advantage Fund Direct Growth is 1%