Mutual Funds
AMC
Union Balanced Advantage Fund - Direct (G)

Union Balanced Advantage Fund - Direct (G)

Dynamic Asset Allocation or Balanced Advantage

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NAV
22.00(0.09%)
Fund Size (CR)
₹1,351.3
Expense Ratio
1
Scheme Type
Active Fund
Value Research

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
10.76%

Absolute Return: 2.04%

Annualized Return: 0%

Basic Details

Scheme Manager

Parijat Agrawal

Bench Mark

Nifty 50 Hybrid Composite Debt 50:50 Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	8 September 2025	10091.74	0.92%	-	0.88%	67/147
1 Month	14 August 2025	10147.60	1.48%	-	1.43%	61/147
3 Month	13 June 2025	10261.19	2.61%	-	1.80%	20/147
6 Month	13 March 2025	11027.57	10.28%	-	9.69%	53/145
1 Year	13 September 2024	10338.35	3.38%	3.38%	1.10%	44/145
3 Year	15 September 2022	13784.46	37.84%	11.28%	12.03%	80/115
5 Year	15 September 2020	17713.37	77.13%	12.11%	13.04%	51/87
Since Inception	29 December 2017	22000.00	120.00%	10.76%	10.81%	66/147

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 October 2024	1,20,000	125560.76	4.63%	4.63%
3 Year	3 October 2022	3,60,000	423479.97	17.63%	5.56%
5 Year	1 October 2020	6,00,000	783309.02	30.55%	5.48%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

1.94%

Standard Deviation

0.53%

Beta

0.72%

Sharpe Ratio

-0.02%

Treynor's Ratio

2.23%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	5.35%	759584	72.28	Equity	Banks
Reliance Industr	3.94%	392580	53.28	Equity	Refineries
ICICI Bank	3.54%	342000	47.80	Equity	Banks
Bharti Airtel	3.27%	234302	44.26	Equity	Telecomm-Service
Eternal Ltd	2.14%	920850	28.91	Equity	E-Commerce/App based Aggregator
Infosys	2.09%	192044	28.22	Equity	IT - Software
Larsen & Toubro	2.00%	75200	27.08	Equity	Infrastructure Developers & Operators
Hind. Unilever	1.86%	94306	25.08	Equity	FMCG
M & M	1.60%	67699	21.66	Equity	Automobile
SBI	1.46%	246508	19.78	Equity	Banks

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Balanced Advantage Fund - Direct (G)	1351.30	1.48%	2.61%	10.28%	3.38%	11.28%
ICICI Pru Balanced Advantage Fund - Dir (IDCW)	65710.61	2.31%	3.15%	11.84%	6.83%	13.69%
ICICI Pru Balanced Advantage Fund - Dir (G)	65710.61	2.31%	3.14%	11.84%	6.82%	13.68%
ICICI Pru Balanced Advantage Fund - Dir (IDCW-M)	65710.61	2.32%	3.14%	11.87%	6.82%	13.82%
WhiteOak Capital Balanced Advantage Fund - Dir (G)	1811.88	1.18%	2.86%	11.92%	6.56%	-
DSP Dynamic Asset Allocation Fund -Dir (G)	3488.52	0.92%	1.64%	8.22%	5.89%	12.10%

List of Schemes under Union Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Union Small Cap Fund	Equity	Very High	0%	2	₹1,671.86
Union Flexi Cap Fund	Equity	Very High	0.47%	3	₹2,401.11
Union Retirement Fund	Solution Oriented	Very High	0.57%	0	₹177.36
Union Children's Fund	Solution Oriented	Very High	3.37%	0	₹72.46
Union Arbitrage Fund	Hybrid	Low	7.33%	2	₹334.66
Union Value Fund	Equity	Very High	-0.3%	2	₹333.24
Union Largecap Fund	Equity	Very High	-2.04%	2	₹465.30
Union Large & Midcap Fund	Equity	Very High	0.19%	2	₹905.87
Union Focused Fund	Equity	Very High	1.1%	2	₹426.93
Union ELSS Tax Saver Fund	Equity	Very High	0.04%	3	₹927.40
Union Balanced Advantage Fund	Hybrid	High	2.32%	3	₹1,395.31
Union Overnight Fund	Debt	Low	6.28%	4	₹362.16
Union Aggressive Hybrid Fund	Hybrid	Very High	3.01%	2	₹669.76
Union Corporate Bond Fund	Debt	Moderate	9.57%	2	₹442.88
Union Midcap Fund	Equity	Very High	0.36%	3	₹1,519.88
Union Low Duration Fund	Debt	Moderately Low	0%	0	₹0.00
Union Money Market Fund	Debt	Moderately Low	7.82%	1	₹207.45
Union Gold ETF Fund of Fund	Other	High	0%	0	₹66.78
Union Liquid Fund	Debt	Moderately Low	7.15%	4	₹4,514.61
Union Income Plus Arbitrage Active FOF	Other	Moderate	0%	0	₹184.70
Union Business Cycle Fund	Equity	Very High	-4.13%	0	₹591.18
Union Active Momentum Fund	Equity	Very High	0%	0	₹476.48
Union Innovation & Opportunities Fund	Equity	Very High	5.85%	0	₹998.13
Union Short Duration Fund	Debt	Moderate	0%	0	₹715.40
Union Multicap Fund	Equity	Very High	0.12%	0	₹1,173.54
Union Multi Asset Allocation Fund	Hybrid	Very High	0%	0	₹798.02
Union Dynamic Bond Fund	Debt	Moderate	7.72%	1	₹107.43
Union FMP - Series 13	Debt	Moderately Low	7.61%	0	₹26.23
Union Gilt Fund	Debt	Moderate	7.28%	2	₹133.17
Union Equity Savings Fund	Hybrid	Moderate	3.5%	1	₹139.17

News

Union Mutual Fund announces change in Key Personnel
Mr. Hardik Goyal has been appointed as a 'Research Analyst' of the AMC with effect from September 09, 2025. Accordingly, the following information in relation to Mr. Goyal is hereby added to the table under the heading 'Research Team' under section II 'Asset Management Company'.:
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Union Mutual Fund announces change in fund manager under its scheme

Union Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 August 2025

Change in Fund Manager:

Name of the Scheme	Name of Existing Fund Manager(s)	Name of New Fund Manager(s)
Union Low Duration Fund	Mr. Devesh Thacker and Mr. Parijat Agrawal	Mr. Anindya Sarkar and Mr. Devesh Thacker

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Union Mutual Fund announces change in fund manager under its schemes

Union Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 July 2025

Change in Fund Manager:

Name of the Scheme(s)	Names of the existing Fund Manager(s)	Names of the new Fund Manager(s)
Union Largecap Fund	Mr. Vinod Malviya and Mr. Sanjay Bembalkar	Mr. Pratik Dharmshi and Mr. Sanjay Bembalkar
Union Retirement Fund	Mr. Pratik Dharmshi and Mr. Vinod Malviya	Mr. Pratik Dharmshi and Mr. Pratit Vajani

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Fund House Details & Investment Objective

Date of Incorporation

7 December 2017

Total AUM (Cr)

₹1351.30

Union Balanced Advantage Fund - Direct (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 7 December 2017, this fund is managed by Parijat Agrawal. With assets under management (AUM) worth ₹1,351.3 (Cr), as of 15 September 2025, Union Balanced Advantage Fund - Direct (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.76% since its launch.
The current NAV of Union Balanced Advantage Fund - Direct (G) is ₹22, as on 15 September 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Union Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter. The fund has generated 11.28% and 12.11% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 65.96% in Equity, 30.74% in Debt and 3.30% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 29.63% in Debt, 13.46% in Banks, 5.14% in IT-Software, 4.44% in Finance, 3.98% in Petroleum Products