Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal

Union Balanced Advantage Fund Direct Transfer 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. This fund gives you the benefit of diversification.

1. Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal has ₹1383 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 1.
   

Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal has given a CAGR return of 10.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.65%, 13.02% and 13.14% respectively.

Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Corporate, Basic Materials, Energy, Health, Communication, Consumer Defensive, Utilities, Real Estate.

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).

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 0.00 and for SIP is INR 0.00. Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal has no lock in period.