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Fund Overview

Fund Size

Fund Size

₹1,238 Cr

Expense Ratio

Expense Ratio

0.93%

ISIN

ISIN

INF582M01DE9

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

04 Jan 2018

About this fund

Union Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 8 years, 8 months and 1 days, having been launched on 04-Jan-18.
As of 04-Sep-26, it has a Net Asset Value (NAV) of ₹22.58, Assets Under Management (AUM) of 1238.19 Crores, and an expense ratio of 0.93%.
  • Union Balanced Advantage Fund Direct Growth has given a CAGR return of 9.86% since inception.
  • The fund's asset allocation comprises around 69.90% in equities, 15.96% in debts, and 14.13% in cash & cash equivalents.
  • You can start investing in Union Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+3.67%

+3.17% (Cat Avg.)

3 Years

+9.16%

+9.54% (Cat Avg.)

5 Years

+8.08%

+8.73% (Cat Avg.)

Since Inception

+9.86%

(Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity865.44 Cr69.90%
Debt197.57 Cr15.96%
Others174.93 Cr14.13%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement82.07 Cr6.63%
HDFC Bank LtdEquity58.38 Cr4.72%
ICICI Bank LtdEquity49.09 Cr3.96%
Bharti Airtel LtdEquity45.95 Cr3.71%
State Bank of IndiaEquity37.62 Cr3.04%
Reliance Industries LtdEquity36.3 Cr2.93%
Indian Railway Finance Corporation LimitedBond - Corporate Bond25.16 Cr2.03%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.1 Cr2.03%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.01 Cr2.02%
Power Grid Corporation Of India LimitedBond - Corporate Bond24.72 Cr2.00%
Punjab National BankCash - CD/Time Deposit24 Cr1.94%
Bajaj Finance LtdEquity23.6 Cr1.91%
Net Receivable / PayableCash - Collateral23.31 Cr1.88%
Gabriel India LtdEquity22.34 Cr1.80%
Axis Bank LtdEquity21.54 Cr1.74%
Indian Railway Finance Corporation LimitedBond - Corporate Bond20.43 Cr1.65%
Larsen & Toubro LtdEquity18.59 Cr1.50%
Infosys LtdEquity17.17 Cr1.39%
Maruti Suzuki India LtdEquity16.64 Cr1.34%
Canara BankCash - CD/Time Deposit16.32 Cr1.32%
India (Republic of)Bond - Short-term Government Bills15.84 Cr1.28%
Eternal LtdEquity15.66 Cr1.26%
Power Grid Corporation Of India LimitedBond - Corporate Bond15.04 Cr1.21%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond15.03 Cr1.21%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.94 Cr1.21%
Krishna Institute of Medical Sciences LtdEquity14.48 Cr1.17%
Kotak Mahindra Bank LtdEquity13.89 Cr1.12%
Cummins India LtdEquity12.99 Cr1.05%
Solar Industries India LtdEquity12.87 Cr1.04%
Tata Consumer Products LtdEquity12.82 Cr1.04%
Clean Max Enviro Energy Solutions LtdEquity12.5 Cr1.01%
Dr. Lal PathLabs LtdEquity12.38 Cr1.00%
JSW Energy LtdEquity12.22 Cr0.99%
Max Financial Services LtdEquity11.15 Cr0.90%
Mankind Pharma LtdEquity10.62 Cr0.86%
Shriram Finance LtdEquity10.47 Cr0.85%
Torrent Pharmaceuticals LtdEquity10.45 Cr0.84%
Rec LimitedBond - Corporate Bond10.19 Cr0.82%
Sai Life Sciences LtdEquity10.16 Cr0.82%
ZF Commercial Vehicle Control Systems India LtdEquity10.13 Cr0.82%
Ather Energy LtdEquity10.08 Cr0.81%
Power Finance Corporation LimitedBond - Corporate Bond10.04 Cr0.81%
Indian Railway Finance Corporation LimitedBond - Corporate Bond9.92 Cr0.80%
Hindustan Unilever LtdEquity9.76 Cr0.79%
Bank Of BarodaCash - CD/Time Deposit9.6 Cr0.78%
Nippon Life India Asset Management Ltd Ordinary SharesEquity9.58 Cr0.77%
Phoenix Mills LtdEquity9.47 Cr0.76%
Ajanta Pharma LtdEquity9.32 Cr0.75%
One97 Communications LtdEquity9.25 Cr0.75%
Aditya Birla Capital LtdEquity8.85 Cr0.72%
Shadowfax Technologies LtdEquity8.85 Cr0.71%
Bharat Electronics LtdEquity8.61 Cr0.70%
JSW Infrastructure LtdEquity8.59 Cr0.69%
RBL Bank LtdEquity8.56 Cr0.69%
Swiggy LtdEquity8.55 Cr0.69%
UltraTech Cement LtdEquity8.5 Cr0.69%
Inventurus Knowledge Solutions LtdEquity8.48 Cr0.69%
Godrej Properties LtdEquity8.46 Cr0.68%
Pidilite Industries LtdEquity8.26 Cr0.67%
CG Power & Industrial Solutions LtdEquity8.16 Cr0.66%
Tata Motors LtdEquity8.07 Cr0.65%
Aarti Industries LtdEquity8.07 Cr0.65%
Engineers India LtdEquity7.78 Cr0.63%
Bharat Heavy Electricals LtdEquity7.33 Cr0.59%
Delhivery LtdEquity7.23 Cr0.58%
Ujjivan Small Finance Bank Ltd Ordinary SharesEquity7.18 Cr0.58%
Gokaldas Exports LtdEquity7.16 Cr0.58%
Fortis Healthcare LtdEquity7.14 Cr0.58%
Sona BLW Precision Forgings LtdEquity7.08 Cr0.57%
Divi's Laboratories LtdEquity7.01 Cr0.57%
Cemindia Projects LtdEquity6.84 Cr0.55%
Corona Remedies LtdEquity6.47 Cr0.52%
Titan Co LtdEquity6.45 Cr0.52%
DOMS Industries LtdEquity6.37 Cr0.51%
Mphasis LtdEquity6.13 Cr0.49%
Varun Beverages LtdEquity6.11 Cr0.49%
Billionbrains Garage Ventures LtdEquity6.1 Cr0.49%
HCL Technologies LtdEquity5.89 Cr0.48%
Ipca Laboratories LtdEquity5.8 Cr0.47%
Apar Industries LtdEquity5.63 Cr0.46%
FSN E-Commerce Ventures LtdEquity5.33 Cr0.43%
Jindal Steel LtdEquity5.29 Cr0.43%
Oil & Natural Gas Corp LtdEquity5.16 Cr0.42%
Amber Enterprises India Ltd Ordinary SharesEquity5.05 Cr0.41%
Sun Pharmaceuticals Industries LtdEquity4.54 Cr0.37%
GE Vernova T&D India LtdEquity4.33 Cr0.35%
Oil India LtdEquity4.17 Cr0.34%
Trent LtdEquity4.09 Cr0.33%
NTPC LtdEquity3.82 Cr0.31%
Persistent Systems LtdEquity2.99 Cr0.24%
Grasim Industries Ltd. 25.08.2026Equity - Future-2.79 Cr0.23%
Cash Offset For DerivativesCash - General Offset2.79 Cr0.23%
Grasim Industries LtdEquity2.79 Cr0.23%
Wockhardt LtdEquity2.01 Cr0.16%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond2 Cr0.16%
LG Electronics India LtdEquity1.47 Cr0.12%
India (Republic of)Bond - Short-term Government Bills1 Cr0.08%
Tvs Motor Company LimitedPreferred Stock0.25 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

42.80%

Mid Cap Stocks

12.61%

Small Cap Stocks

14.71%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services266.03 Cr21.48%
Consumer Cyclical126.62 Cr10.23%
Industrials111.31 Cr8.99%
Healthcare108.87 Cr8.79%
Communication Services45.95 Cr3.71%
Basic Materials45.78 Cr3.70%
Energy45.63 Cr3.69%
Technology42.9 Cr3.46%
Consumer Defensive28.69 Cr2.32%
Utilities28.53 Cr2.30%
Real Estate17.93 Cr1.45%

Risk & Performance Ratios

Standard Deviation

This fund

8.80%

Cat. avg.

9.38%

Lower the better

Sharpe Ratio

This fund

0.38

Cat. avg.

0.42

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.62

Higher the better

Fund Managers

PA

Parijat Agrawal

Since January 2018

Vishal Thakker

Vishal Thakker

Since October 2025

SB

Sanjay Bembalkar

Since January 2023

Gaurav Chopra

Gaurav Chopra

Since November 2024

Additional Scheme Detailsas of 31st July 2026

ISIN
INF582M01DE9
Expense Ratio
0.93%
Exit Load
1.00%
Fund Size
₹1,238 Cr
Age
8 years 8 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund nameExpense RatioExit LoadFund size
1Y
The Wealth Company Balanced Advantage Fund Direct Growth

Very High Risk

0.3%1.0%₹46.84 Cr-
The Wealth Company Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹46.84 Cr-
Groww Multi Asset Allocation Fund Regular Growth

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2.3%1.0%₹385.71 Cr-
Groww Multi Asset Allocation Fund Direct Growth

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0.5%1.0%₹385.71 Cr-
Unifi Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

1.4%1.0%₹1353.17 Cr8.6%
Unifi Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

2.0%1.0%₹1353.17 Cr7.9%
Canara Robeco Balanced Advantage Fund Regular Growth

Very High Risk

1.9%1.0%₹1110.62 Cr0.8%
Canara Robeco Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1110.62 Cr2.1%
Helios Balanced Advantage Fund Direct Growth

Very High Risk

1.4%0.0%₹291.42 Cr5.1%
Helios Balanced Advantage Fund Regular Growth

Very High Risk

2.9%0.0%₹291.42 Cr3.6%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

0.8%1.0%₹2612.92 Cr3.8%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.4%1.0%₹2612.92 Cr4.2%
Samco Dynamic Asset Allocation Fund Direct Growth

Very High Risk

2.0%1.0%₹177.67 Cr-
Samco Dynamic Asset Allocation Fund Regular Growth

Very High Risk

3.4%1.0%₹177.67 Cr-1.6%
Bajaj Finserv Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1262.98 Cr6.7%
Bajaj Finserv Balanced Advantage Fund Regular Growth

Very High Risk

2.6%1.0%₹1262.98 Cr5.0%
HSBC Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹1527.05 Cr3.3%
HDFC Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹107765.65 Cr2.6%
HDFC Balanced Advantage Fund Regular Growth

Very High Risk

1.3%1.0%₹107765.65 Cr2.0%
Edelweiss Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹13292.69 Cr6.0%
Sundaram Balanced Advantage Fund Direct Growth

High Risk

0.6%1.0%₹1682.03 Cr3.2%
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%0.0%₹9804.08 Cr8.7%
Nippon India Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹9898.19 Cr5.5%
Invesco India Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%0.0%₹951.53 Cr-0.7%
Tata Balanced Advantage Fund Regular Growth

Very High Risk

1.9%0.0%₹8779.78 Cr3.0%
Tata Balanced Advantage Fund Direct Growth

Very High Risk

0.7%0.0%₹8779.78 Cr4.3%
DSP Dynamic Asset Allocation Fund Regular Growth

High Risk

2.4%1.0%₹3780.28 Cr4.6%
DSP Dynamic Asset Allocation Fund Direct Growth

High Risk

1.1%1.0%₹3780.28 Cr5.9%
HSBC Balanced Advantage Fund Regular Growth

Very High Risk

2.5%1.0%₹1527.05 Cr2.0%
LIC MF Balanced Advantage Fund Regular Growth

Very High Risk

3.1%1.0%₹685.96 Cr3.3%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

1.7%1.0%₹685.96 Cr4.8%
ICICI Prudential Balanced Advantage Fund Regular Growth

High Risk

1.6%1.0%₹74555.42 Cr5.8%
ITI Balanced Advantage Fund Regular Growth

Very High Risk

3.3%0.0%₹353.79 Cr0.6%
ITI Balanced Advantage Fund Direct Growth

Very High Risk

1.6%0.0%₹353.79 Cr2.3%
Invesco India Balanced Advantage Fund Regular Growth

Moderately High risk

1.8%0.0%₹951.53 Cr-2.0%
Sundaram Balanced Advantage Fund Regular Growth

High Risk

1.8%1.0%₹1682.03 Cr1.8%
Union Balanced Advantage Fund Regular Growth

Very High Risk

1.9%1.0%₹1238.19 Cr2.5%
Union Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹1238.19 Cr3.7%
Edelweiss Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹13292.69 Cr7.2%
Bank of India Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹177.62 Cr5.7%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.1%1.0%₹177.62 Cr7.0%
Kotak Balanced Advantage Fund Regular Growth

Very High Risk

1.7%1.0%₹17428.74 Cr3.8%
Kotak Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹17428.74 Cr4.9%
PGIM India Balanced Advantage Fund Regular Growth

Moderately High risk

2.5%0.0%₹759.47 Cr-1.7%
PGIM India Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%0.0%₹759.47 Cr-0.1%
Axis Balanced Advantage Fund Regular Growth

Moderately High risk

2.1%1.0%₹3859.19 Cr3.3%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

1.1%1.0%₹3859.19 Cr4.5%
ICICI Prudential Balanced Advantage Fund Direct Growth

High Risk

1.1%1.0%₹74555.42 Cr6.4%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹5166.21 Cr9.2%
Baroda BNP Paribas Balanced Advantage Fund Regular Growth

Very High Risk

1.6%1.0%₹5166.21 Cr8.0%

About the AMC

Union Mutual Fund

Union Mutual Fund

Total AUM

₹28,567 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Arthaya Equity Long Short Fund Direct Growth

Very High Risk

0.9%1.0%--
Union Consumption Fund Direct Growth

Very High Risk

1.0%1.0%₹333.27 Cr-
Union Diversified Equity All Cap Active FOF Direct Growth

Very High Risk

0.4%1.0%₹195.63 Cr-
Union Low Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹343.58 Cr6.1%
Union Income Plus Arbitrage Active FOF Direct Growth

Low to Moderate Risk

0.1%0.0%₹62.97 Cr4.8%
Union Gold ETF Fund of Fund Direct Growth

High Risk

0.3%1.0%₹156.86 Cr43.2%
Union Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹100.71 Cr5.4%
Union Active Momentum Fund Direct Growth

Very High Risk

0.9%1.0%₹493.45 Cr19.2%
Union Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹1072.52 Cr15.0%
Union Business Cycle Fund Direct Growth

Very High Risk

1.0%1.0%₹509.93 Cr8.1%
Union Children's Fund Direct Growth

Very High Risk

1.1%0.0%₹91.80 Cr5.3%
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹1252.51 Cr14.7%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Low Risk

-0.0%₹25.17 Cr6.0%
Union Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹2401.95 Cr24.9%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹762.44 Cr5.4%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹80.25 Cr8.2%
Union Value Discovery Fund Direct Growth

Very High Risk

1.1%1.0%₹395.49 Cr4.4%
Union Multicap Fund Direct Growth

Very High Risk

0.8%1.0%₹1467.28 Cr13.6%
Union Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹1238.19 Cr3.7%
Union Equity Savings Fund Direct Growth

Moderately High risk

1.3%1.0%₹114.80 Cr4.6%
Union Arbitrage Fund Direct Growth

Low Risk

1.4%0.0%₹225.98 Cr6.3%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.2%0.0%₹861.46 Cr2.6%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.1%1.0%₹64.16 Cr1.9%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹2404.14 Cr5.3%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹7564.22 Cr6.5%
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1892.56 Cr12.3%
Union Gilt Fund Direct Growth

Moderate Risk

0.6%0.0%₹86.46 Cr1.8%
Union Largecap Fund Direct Growth

Very High Risk

1.3%1.0%₹438.06 Cr-
Union Retirement Fund Direct Growth

Very High Risk

1.0%0.0%₹209.91 Cr8.5%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.3%1.0%₹333.27 Cr4.9%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹612.84 Cr5.3%
Union Focused Fund Direct Growth

Very High Risk

1.3%1.0%₹447.82 Cr9.3%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1072.52 Cr6.9%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹982.67 Cr7.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of Union Balanced Advantage Fund Direct Growth?

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The NAV of Union Balanced Advantage Fund Direct Growth, as of 04-Sep-2026, is ₹22.58.
The fund has generated 3.67% over the last 1 year and 9.16% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 69.90% in equities, 15.96% in bonds, and 14.13% in cash and cash equivalents.
The fund managers responsible for Union Balanced Advantage Fund Direct Growth are:-
  1. Parijat Agrawal
  2. Vishal Thakker
  3. Sanjay Bembalkar
  4. Gaurav Chopra
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