Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 19.51 as on 24-04-2024
Fund Performance
2 people have invested ₹ 2K in Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal in the last three months
About the Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal
Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal is a hybrid fund. This fund was started on 4 January, 2018. The fund is managed by Sanjay Bembalkar, Hardick Bora. This fund gives you the benefit of diversification.
Key Parameters
- Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal has ₹1609 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal Overview
 | 1.19% |
 Benchmark | null |
 | ₹1609 Cr |
 | 4 January, 2018 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 134.91% |
Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal Distribution as on (31-Mar-24)
Size breakup
Large cap
56.2%
Mid cap
7.2%
Small cap
4.3%
Sector Allocation
Financial Services
25.7%
Energy
13.5%
Consumer Cyclical
11.8%
Tech
10.3%
Industrial
9.4%
Consumer Defensive
7%
Health
6.2%
Utilities
5.8%
Communication
4.2%
Basic Materials
3.1%
Real Estate
2.9%
Top Holdings of Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal as on (31-Mar-24)
Equity Holdings69
Debt Holdings10
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 5.52% | 0% | |
 HDFC Bank Ltd | 4.34% | 11.4% | |
 ICICI Bank Ltd | 4.19% | 17.8% | |
 Infosys Ltd | 2.92% | 8.4% | |
 State Bank of India | 2.68% | 30% |
See all
Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.6K Cr as of Mar'24
- AUM decreased by 20.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal Fund Manager
Sanjay Bembalkar
Fund Manager of Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
Hardick Bora
Fund Manager of Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal, since 28 June 2018
Top funds managed
Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 11.16% since inception which is less than its category average return of 11.62%
Fund Allocations
This fund has an allocation of 52.88% in Equity, 8.39% in Debt and 38.73% in Cash related instruments
AUM size ₹1609 Cr
This fund has AUM of ₹1609 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 1.19%
This fund has an expense ratio of 1.19% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal is ₹19.51 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 1.04% | 1.04% |
6 Month Returns | 12.54% | 12.54% |
1 Year Returns | 20.62% | 20.62% |
3 Years Returns | 37.38% | 11.17% |
5 Years Returns | 82.4% | 12.77% |
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.
1.19% as on March 2024
₹1609 Cr as on March 2024
Reliance Industries Ltd(5.52%), HDFC Bank Ltd(4.34%), ICICI Bank Ltd(4.19%), 182 DTB 16052024(3.08%), Infosys Ltd(2.92%) as on March 2024
Cash Equivalent(27.35%), Government(17.58%), Financial Services(13.61%) as on March 2024
AAA | 100 |
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal
The Exit load of Union Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal is 1%