Union Balanced Advantage Fund Direct Growth
Get the latest NAV of Union Balanced Advantage Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹21.29
1D
NAV as on 14 May 2025
10.78%/per year
Since Inception
▲▼
46 people have invested ₹ 8.3L in Union Balanced Advantage Fund Direct Growth in the last three months
Fund Performance
as on (14-May-25)
Peer comparison
Union Balanced Advantage Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Union Balanced Advantage Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 54.3%
Debt & Cash 45.7%
Union Balanced Advantage Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 54.3%
Debt & Cash 45.7%
Top 3 Sectors in March were Financial Services, Government & Consumer Cyclical
Government
27%
Financial Services
26%
Consumer Cyclical
14%
Financial Services
23%
Government
21%
Consumer Cyclical
14%
Union Balanced Advantage Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Union Balanced Advantage Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.98% |
Benchmark | null |
| AUM | ₹1378 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 |
About Union Balanced Advantage Fund
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
- Union Balanced Advantage Fund Direct Growth has ₹1378 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
Union Balanced Advantage Fund Direct Growth has given a CAGR return of 10.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.15%, 12.70% and 15.23% respectively.
Holdings
Union Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Energy, Health, Consumer Defensive, Communication, 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 benefitLong 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.
Fund Manager
Sanjay Bembalkar
Fund Manager of Union Balanced Advantage Fund Direct Growth, since 25 January 2023
- AUM of the fund stands at 1.4K Cr as of Mar'25
- AUM increased by 46.6 Cr between Mar'25 and Feb'25
More funds from Union
3Y CAGR
▲ 16.49
5Y CAGR
▲ 10.32
5Y CAGR
▲ 5.84
1Y CAGR
▲ 10.43
1Y CAGR
▲ 13.40
Frequently Asked Questions for Union Balanced Advantage Fund Direct Growth
What is the current NAV of Union Balanced Advantage Fund Direct Growth?
What are the average returns of Union Balanced Advantage Fund Direct Growth?
Union Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.48% | 4.48% |
6 Month Returns | 3.51% | 3.51% |
1 Year Returns | 9.15% | 9.15% |
3 Years Returns | 43.16% | 12.7% |
How do I invest in Union Balanced Advantage Fund Direct Growth?
- 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.
What is the expense ratio of Union Balanced Advantage Fund Direct Growth?
What is net assets under management (AUM) of Union Balanced Advantage Fund Direct Growth?
What are the top 5 holdings of Union Balanced Advantage Fund Direct Growth?
What are the top 3 sectors that this Union Balanced Advantage Fund Direct Growth has invested in?
What is the credit rating breakup of Union Balanced Advantage Fund Direct Growth?
AAA | 100 |