- Mutual Funds
- Union Balanced Advantage Fund - Direct (G)
Union Balanced Advantage Fund - Direct (G)
Dynamic Asset Allocation or Balanced Advantage
- NAV 18.37 (0.16%)
- Fund Size (Cr) ₹1563.01
- Expense Ratio 0.91
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹1000
- Minimum Additional Investment ₹1000
- Minimum SIP Investment ₹500
- Minimum Withdrawal ₹1000
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Exit Load
1%
- Return Since Launch 10.76%
Basic Details
Parijat Agrawal
Nifty 50 Hybrid Composite Debt 50:50 Index TRI
OPEN
Lumpsum Returns
SIP Returns
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%.
Mutual Funds Calculator
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0.02%
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Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
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Union Balanced Advantage Fund - Direct (G)
- 1563.01
- 5.52%
- 5.46%
- 9.82%
- 13.21%
- 10.45%
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HDFC Balanced Advantage Fund - Direct (IDCW)
- 63980.65
- 8.11%
- 9.66%
- 21.05%
- 25.90%
- 25.20%
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HDFC Balanced Advantage Fund - Direct (G)
- 63980.65
- 8.11%
- 9.66%
- 21.05%
- 25.89%
- 26.21%
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Motilal Oswal Balance Advantage Fund-Dir (G)
- 786.42
- 3.94%
- 2.80%
- 22.60%
- 23.44%
- 11.94%
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Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
- 786.42
- 3.94%
- 2.80%
- 22.60%
- 23.44%
- 11.88%
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Motilal Oswal Balance Advantage Fund-Dir (IDCW-A)
- 786.42
- 3.94%
- 2.80%
- 22.60%
- 23.43%
- 11.95%
News
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Union MF Announces Change In Risk-o-meter of the Benchmark
Union Mutual Fund has announced Change in the Risk-o-meter of the Benchmark of Union Money Market Fund & Union Medium Duration Fund under the following scheme, with immediate effect.
Name of the Scheme Existing Risk-o-meter of the Benchmark Revised Risk-o-meter of the Benchmark Union Money Market Fund Low to Moderate & CRISIL Money Market B-I Index Moderate & CRISIL Money Market B-I Index Union Medium Duration Fund Moderate & CRISIL Medium Duration Debt B-III Index Moderately High & CRISIL Medium Duration Debt B-III Index Powered by Capital Market - Live News
-
Union MF Announces Change In Risk-o-meter of the Benchmark
Union Mutual Fund has announced Change in the Risk-o-meter of the Benchmark of Union Money Market Fund under the following scheme, with immediate effect.
Name of the Scheme Existing Risk-o-meter of the Benchmark Revised Risk-o-meter of the Benchmark Union Money Market Fund Low to Moderate & CRISIL Money Market B-I Index Moderate & CRISIL Money Market B-I Index Powered by Capital Market - Live News
Fund House Details & Investment Objective
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Date of Incorporation
07-Dec-2017
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Total AUM (Cr)
₹1563.01
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 Dec 2017, this fund is managed by Parijat Agrawal. With assets under management (AUM) worth ₹1563.01 (Cr), as of 06-Dec-2023, 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 ₹18.37, as on 06-Dec-2023. The fund’s benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index TRI. You can invest in Union Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹1000.
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 10.45% and 12.41% 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 67.55% in Equity, 31.42% in Debt and 1.03% in cash and cash equivalents
The top 5 sectors the fund invests in are: 25.95% in Debt, 17.45% in Banks, 7.95% in IT-Software, 5.48% in Automobiles and 4.97% in Petroleum Products.
FAQs on Union Balanced Advantage Fund - Direct (G)
Union Balanced Advantage Fund - Direct (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 10.76% since inception. Looking to invest in Union Balanced Advantage Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Balanced Advantage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Union Balanced Advantage Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Union Balanced Advantage Fund - Direct (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!
In the short term, i.e., 1 year, Union Balanced Advantage Fund - Direct (G) has generated annualised return of 13.21%. In the long-term, the fund has generated 10.45% and 12.41% in 3 and 5 years respectively. Since its inception, the fund has generated 10.76% returns.
The expense ratio of Union Balanced Advantage Fund - Direct (G) Direct Growth is 0.91%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of Union Balanced Advantage Fund - Direct (G) is ₹1563.01 (Cr) as of 06 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of Union Balanced Advantage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Union Balanced Advantage Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Union Balanced Advantage Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in Union Balanced Advantage Fund - Direct (G). Minimum lumpsum investment Union Balanced Advantage Fund - Direct (G) is ₹1000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of Union Balanced Advantage Fund - Direct (G) is ₹18.37 as on 06 December 2023.
The 5 biggest stock holdings of Union Balanced Advantage Fund - Direct (G) are:
HDFC Bank (4.46%), Reliance Industr (3.9%), ICICI Bank (3.49%), Infosys (2.53%), Bajaj Finance (2.4%)
A majority of Union Balanced Advantage Fund - Direct (G) 's AUM worth ₹1563.01 (Cr) is invested in these 3 top sectors:
- Debt: 25.95%
- Banks: 17.45%
- IT-Software: 7.95%
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