Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal
NAV: ₹ 15.5 as on 08-12-2021
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 Parijat Agrawal, Vinay Paharia, Hardick Bora. This fund gives you the benefit of diversification.
1) Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal has a NAV of 15.48 as on 09-Dec-2021.
2) Union Balanced Advantage Fund Direct Transfer of Income Distribution cum capital withdrawal has 1687 Cr worth of assets under management (AUM) as on 09-Dec-2021 and is less than category average.
3) The fund has an expense ratio 0.9 %.
Fund Overview
Expense ratio | 0.9% | |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR | |
AUM | ₹1687 Cr | |
Inception Date | 4 January, 2018 | |
Min Lumpsum/SIP | ₹0/₹0 | |
Exit Load | 1% | |
Lock In | No Lock-in | |
TurnOver | 286.26% |
Fund Distribution
| Financial Services | 28.2% |
| Basic Materials | 12.4% |
| Tech | 11.9% |
| Cyclical | 9.2% |
| Defensive | 8.7% |
| Energy | 7.7% |
| Health | 7.3% |
| Industrial | 6.8% |
| Communication | 5.2% |
| Utilities | 1.8% |
| Real Estate | 0.8% |
Top Holdings
Fund Highlights
About the fund
Fund Allocations
AUM size ₹1687 Cr
Expense Ratio 0.9%
Parijat Agrawal is B.Tech (Electronics & Communication); PGDM, IIM Bangalore
22 Years experience
Mr. Agrawal is currently Head - Fixed Income for Union Asset Management Company. He has over 22 years of experience in Fund Management. Previously he was employed as Head - Fixed Income for SBI Mutual Funds, managing treasury functions at State Bank of Mauritius Limited and Fund Manager - Fixed Income and Hybrid for Sun F&C Asset Management. Mr. Agrawal has a B.E (Electronics & Communications) and a PGDM for IIM Bangalore.
Vinay Paharia is B. Com., M.M.S.
15 Years experience
Mr. Paharia is currently the Chief Investment Officer of Union Asset Management Company. He has over 15 years of experience in Fund Management and Equity. His prior stints include Fund Manager - Equity of Invesco Asset Management (India) Private Ltd and as an Equity Research Analyst for DBS Cholamandalam AMC, KR Choksey Shares and Securities Pvt. Ltd, First Global Stockbroking Pvt Ltd. Mr. Paharia has a B.Comm and M.M.S.
Hardick Bora is CFA charter holder with the CFA Institute, USA
12 Years experience
Mr. Bora is currently a Co-Fund Manager for Union Asset Management Company Pvt Ltd. He has over 10 years of experience in financial services sector. Previously he worked as a Research Analyst with Union AMC, Sr. Manger - Instituional Research (Pharma) for Motilal Oswal Securities Ltd, Research Associate (Pharma & Agrochemicals) for Dolat Capital Markets Pvt. Ltd, Research Associate (Pharma) for Khandwala Securites Ltd, Consultant and Assistant Manager for Yen Management Consultants Pvt. Ltd and as Customer Care Advisor for 3 Global Services Pvt. Ltd. Mr. Bora has a Bachelors in Banking & Insurance from University of Mumbai and is CFA Charterholder.
AMC details
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