Dezerv

Fund Overview

Fund Size

Fund Size

₹1,527 Cr

Expense Ratio

Expense Ratio

0.96%

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 6 years, 10 months and 7 days, having been launched on 04-Jan-18.
As of 08-Nov-24, it has a Net Asset Value (NAV) of ₹20.83, Assets Under Management (AUM) of 1527.45 Crores, and an expense ratio of 0.96%.
  • Union Balanced Advantage Fund Direct Growth has given a CAGR return of 11.32% since inception.
  • The fund's asset allocation comprises around 44.46% in equities, 9.01% in debts, and 46.54% 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

+19.03%

+21.76% (Cat Avg.)

3 Years

+10.05%

+11.58% (Cat Avg.)

5 Years

+13.05%

+13.16% (Cat Avg.)

Since Inception

+11.32%

(Cat Avg.)

Portfolio Summaryas of 30th September 2024

Equity679.07 Cr44.46%
Debt137.57 Cr9.01%
Others710.8 Cr46.54%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset419.86 Cr27.49%
TrepsCash - Repurchase Agreement121.39 Cr7.95%
National Stock Exchange Of India Ltd. 31-Oct-24Equity - Future-113.97 Cr7.46%
Reliance Industries LtdEquity69.78 Cr4.57%
HDFC Bank LtdEquity65.03 Cr4.26%
91 Day T-Bill 31.10.24Bond - Gov't/Treasury49.74 Cr3.26%
91 DTB 07112024Bond - Gov't/Treasury49.68 Cr3.25%
Bharti Airtel LtdEquity49.05 Cr3.21%
ICICI Bank LtdEquity48 Cr3.14%
Infosys LtdEquity41.46 Cr2.71%
Net Receivable / PayableCash - Collateral38.56 Cr2.52%
91 DTB 05122024Bond - Gov't/Treasury29.66 Cr1.94%
Larsen & Toubro LtdEquity27.64 Cr1.81%
Tata Consultancy Services LtdEquity26.59 Cr1.74%
ITC LtdEquity26.29 Cr1.72%
Indian Railway Finance Corp Ltd.Bond - Gov't Agency Debt25.57 Cr1.67%
Indian Railway Finance Corp Ltd.Bond - Gov't Agency Debt25.44 Cr1.67%
Future on Reliance Industries LtdEquity - Future-25.08 Cr1.64%
Future on Tata Motors LtdEquity - Future-24.21 Cr1.58%
Tata Motors LtdEquity24.02 Cr1.57%
NTPC LtdEquity23.64 Cr1.55%
Jindal Steel & Power LtdEquity23.61 Cr1.55%
United Spirits LtdEquity21.83 Cr1.43%
Indian Railway Finance Corporation LimitedBond - Corporate Bond20.7 Cr1.36%
Cipla LtdEquity19.33 Cr1.27%
Future on Tata Power Co LtdEquity - Future-18.68 Cr1.22%
Tata Power Co LtdEquity18.57 Cr1.22%
Hindustan Unilever LtdEquity17.96 Cr1.18%
HCL Technologies LtdEquity17.73 Cr1.16%
Future on Jindal Steel & Power LtdEquity - Future-17.35 Cr1.14%
Bharat Electronics LtdEquity17.3 Cr1.13%
Bajaj Finance LtdEquity16.53 Cr1.08%
Rural Electrification Corporation LimitedBond - Corporate Bond15.17 Cr0.99%
Power Grid Corporation Of India LimitedBond - Corporate Bond15.13 Cr0.99%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond15.07 Cr0.99%
Future on Eicher Motors LtdEquity - Future-14.91 Cr0.98%
Eicher Motors LtdEquity14.78 Cr0.97%
Mahindra & Mahindra LtdEquity14.75 Cr0.97%
Varun Beverages LtdEquity14.63 Cr0.96%
Axis Bank LtdEquity14.38 Cr0.94%
Oil & Natural Gas Corp LtdEquity14.23 Cr0.93%
Future on Bharti Airtel LtdEquity - Future-13.76 Cr0.90%
Maruti Suzuki India LtdEquity13.49 Cr0.88%
TVS Motor Co LtdEquity13.42 Cr0.88%
Future on United Spirits LtdEquity - Future-12.8 Cr0.84%
Lupin LtdEquity12.66 Cr0.83%
Sun Pharmaceuticals Industries LtdEquity12.62 Cr0.83%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-11.67 Cr0.76%
Samvardhana Motherson International LtdEquity11.61 Cr0.76%
Adani Ports & Special Economic Zone LtdEquity11.59 Cr0.76%
State Bank of IndiaEquity11.27 Cr0.74%
Shriram Finance LtdEquity11.09 Cr0.73%
Future on Titan Co LtdEquity - Future-11.05 Cr0.72%
Titan Co LtdEquity10.97 Cr0.72%
Zomato LtdEquity10.7 Cr0.70%
SBI Life Insurance Co LtdEquity10.46 Cr0.68%
Rural Electrification Corporation LimitedBond - Corporate Bond10.33 Cr0.68%
Power Finance Corporation LimitedBond - Corporate Bond10.16 Cr0.67%
Future on Vodafone Idea LtdEquity - Future-10.15 Cr0.66%
Future on Bharat Electronics LtdEquity - Future-10.13 Cr0.66%
Future on Hero MotoCorp LtdEquity - Future-10.09 Cr0.66%
Hero MotoCorp LtdEquity10.03 Cr0.66%
Vodafone Idea LtdEquity9.99 Cr0.65%
Future on HDFC Bank LtdEquity - Future-9.89 Cr0.65%
Future on HCL Technologies LtdEquity - Future-9.88 Cr0.65%
Future on IndusInd Bank LtdEquity - Future-9.83 Cr0.64%
IndusInd Bank LtdEquity9.77 Cr0.64%
Vedanta LtdEquity9.2 Cr0.60%
Future on Vedanta LtdEquity - Future-9.18 Cr0.60%
Dixon Technologies (India) LtdEquity9.1 Cr0.60%
Aadhar Housing Finance LtdEquity8.89 Cr0.58%
Max Healthcare Institute Ltd Ordinary SharesEquity8.8 Cr0.58%
Ajanta Pharma LtdEquity8.61 Cr0.56%
Pidilite Industries LtdEquity8.61 Cr0.56%
Avenue Supermarts LtdEquity8.6 Cr0.56%
JK Cement LtdEquity8.21 Cr0.54%
Mphasis LtdEquity8.17 Cr0.54%
Ethos LtdEquity8 Cr0.52%
Future on Oil & Natural Gas Corp LtdEquity - Future-7.98 Cr0.52%
Future on Bajaj Finance LtdEquity - Future-7.67 Cr0.50%
Future on Hindustan Unilever LtdEquity - Future-7.53 Cr0.49%
Jio Financial Services LtdEquity7.24 Cr0.47%
Bharti Hexacom LtdEquity7.2 Cr0.47%
CG Power & Industrial Solutions LtdEquity7.17 Cr0.47%
ABB India LtdEquity7.14 Cr0.47%
Persistent Systems LtdEquity6.97 Cr0.46%
Quess Corp LtdEquity6.97 Cr0.46%
Gabriel India LtdEquity6.88 Cr0.45%
Trent LtdEquity6.87 Cr0.45%
Escorts Kubota LtdEquity6.57 Cr0.43%
Future on Bharat Petroleum Corp LtdEquity - Future-6.43 Cr0.42%
Bharat Petroleum Corp LtdEquity6.39 Cr0.42%
Hindustan Aeronautics Ltd Ordinary SharesEquity6.39 Cr0.42%
JSW Energy LtdEquity6.36 Cr0.42%
Hindalco Industries LtdEquity6.19 Cr0.41%
Birlasoft LtdEquity6.18 Cr0.40%
HDFC Asset Management Co LtdEquity6.12 Cr0.40%
Cummins India LtdEquity6.11 Cr0.40%
Tata Steel LtdEquity6.03 Cr0.39%
Max Financial Services LtdEquity6 Cr0.39%
CE Info Systems LtdEquity5.95 Cr0.39%
InterGlobe Aviation LtdEquity5.87 Cr0.38%
Indian Oil Corporation Ltd. 31-Oct-24Equity - Future-5.83 Cr0.38%
Indian Oil Corp LtdEquity5.8 Cr0.38%
Future on Mahindra & Mahindra LtdEquity - Future-5.79 Cr0.38%
Future on ITC LtdEquity - Future-5.77 Cr0.38%
Future on Infosys LtdEquity - Future-5.62 Cr0.37%
Future on Tata Communications LtdEquity - Future-5.59 Cr0.37%
REC LtdEquity5.56 Cr0.36%
Tata Communications LtdEquity5.55 Cr0.36%
Future on Ambuja Cements LtdEquity - Future-5.44 Cr0.36%
Future on Cipla LtdEquity - Future-5.42 Cr0.35%
Ambuja Cements LtdEquity5.41 Cr0.35%
Blue Star LtdEquity5.37 Cr0.35%
Hitachi Energy India Ltd Ordinary SharesEquity5.33 Cr0.35%
KFin Technologies LtdEquity5.16 Cr0.34%
Future on NTPC LtdEquity - Future-5.15 Cr0.34%
Gokaldas Exports LtdEquity4.98 Cr0.33%
Future on Adani Enterprises LtdEquity - Future-4.84 Cr0.32%
Adani Enterprises LtdEquity4.8 Cr0.31%
Power Grid Corp Of India LtdEquity4.75 Cr0.31%
Finolex Industries LtdEquity4.73 Cr0.31%
KNR Constructions LtdEquity4.68 Cr0.31%
Future on Tata Consultancy Services LtdEquity - Future-4.43 Cr0.29%
Techno Electric & Engineering Co LtdEquity4.38 Cr0.29%
Electronics Mart India LtdEquity4.12 Cr0.27%
LTIMindtree LtdEquity4.1 Cr0.27%
Voltas LtdEquity4.06 Cr0.27%
Crompton Greaves Consumer Electricals LtdEquity3.91 Cr0.26%
Elgi Equipments LtdEquity3.87 Cr0.25%
Future on Maruti Suzuki India LtdEquity - Future-3.76 Cr0.25%
Cyient LtdEquity3.73 Cr0.24%
Coal India LtdEquity3.65 Cr0.24%
364 DTB 26122024Bond - Gov't/Treasury1.91 Cr0.13%
Power Finance Corp LtdEquity1.42 Cr0.09%

Allocation By Market Cap (Equity)

Large Cap Stocks

55.27%

Mid Cap Stocks

12.37%

Small Cap Stocks

4.47%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services221.75 Cr14.52%
Consumer Cyclical158.53 Cr10.38%
Technology136.74 Cr8.95%
Industrials133.57 Cr8.74%
Energy104.65 Cr6.85%
Consumer Defensive89.31 Cr5.85%
Communication Services71.78 Cr4.70%
Basic Materials67.25 Cr4.40%
Healthcare62.02 Cr4.06%
Utilities53.32 Cr3.49%

Risk & Performance Ratios

Standard Deviation

This fund

6.17%

Cat. avg.

7.86%

Lower the better

Sharpe Ratio

This fund

0.68

Cat. avg.

0.75

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.37

Higher the better

Fund Managers

PA

Parijat Agrawal

Since January 2018

SB

Sanjay Bembalkar

Since January 2023

Gaurav Chopra

Gaurav Chopra

Since November 2024

Additional Scheme Detailsas of 30th September 2024

ISIN
INF582M01DE9
Expense Ratio
0.96%
Exit Load
1.00%
Fund Size
₹1,527 Cr
Age
6 years 10 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
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1316.28 Cr16.8%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1316.28 Cr18.2%
Quant Dynamic Asset Allocation Fund Direct Growth

High Risk

0.7%1.0%₹1428.30 Cr40.6%
Quant Dynamic Asset Allocation Fund Regular Growth

High Risk

2.1%1.0%₹1428.30 Cr38.5%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2325.16 Cr20.1%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

2.0%1.0%₹2325.16 Cr18.6%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹890.15 Cr24.4%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹890.15 Cr26.5%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1770.05 Cr20.2%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1770.05 Cr18.5%

About the AMC

Union Mutual Fund

Union Mutual Fund

Total AUM

₹21,661 Cr

Address

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

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Union Children's Fund Direct Growth

Very High Risk

0.9%0.0%₹60.18 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹858.28 Cr43.9%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-8.0%
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹5376.18 Cr28.8%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹665.65 Cr24.1%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹230.64 Cr8.2%
Union Value Discovery Fund Direct Growth

Very High Risk

1.3%1.0%₹297.77 Cr34.0%
Union Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹1111.46 Cr33.4%
Union Balanced Advantage Fund Direct Growth

High Risk

1.0%1.0%₹1527.45 Cr19.0%
Union Equity Savings Fund Direct Growth

Moderately High risk

1.4%1.0%₹313.44 Cr13.2%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹237.52 Cr8.2%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.3%0.0%₹986.95 Cr29.6%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.2%1.0%₹81.17 Cr9.6%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1663.70 Cr27.7%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹4134.15 Cr7.5%
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1435.76 Cr37.0%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹165.62 Cr10.3%
Union Largecap Fund Direct Growth

Very High Risk

1.6%1.0%₹434.87 Cr25.8%
Union Retirement Fund Direct Growth

Very High Risk

1.2%0.0%₹155.44 Cr30.9%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹267.52 Cr8.5%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹180.69 Cr6.8%
Union Focused Fund Direct Growth

Very High Risk

1.5%1.0%₹429.19 Cr24.9%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹166.63 Cr7.4%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹880.60 Cr29.5%

Risk Level

Your principal amount will be at High Risk

High Risk
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The NAV of Union Balanced Advantage Fund Direct Growth, as of 08-Nov-2024, is ₹20.83.
The fund has generated 19.03% over the last 1 year and 10.05% 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 44.46% in equities, 9.01% in bonds, and 46.54% in cash and cash equivalents.
The fund managers responsible for Union Balanced Advantage Fund Direct Growth are:-
  1. Parijat Agrawal
  2. Sanjay Bembalkar
  3. Gaurav Chopra