Dezerv

Fund Overview

Fund Size

Fund Size

₹1,595 Cr

Expense Ratio

Expense Ratio

2.11%

ISIN

ISIN

INF582M01DI0

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 Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 6 years, 5 months and 14 days, having been launched on 04-Jan-18.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹19.13, Assets Under Management (AUM) of 1594.75 Crores, and an expense ratio of 2.11%.
  • Union Balanced Advantage Fund Regular Growth has given a CAGR return of 10.59% since inception.
  • The fund's asset allocation comprises around 52.86% in equities, 8.46% in debts, and 38.68% in cash & cash equivalents.
  • You can start investing in Union Balanced Advantage Fund Regular 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

+19.64%

+24.40% (Cat Avg.)

3 Years

+10.01%

+12.47% (Cat Avg.)

5 Years

+12.20%

+12.64% (Cat Avg.)

Since Inception

+10.59%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity842.94 Cr52.86%
Debt134.89 Cr8.46%
Others616.93 Cr38.68%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset293.28 Cr18.39%
TrepsCash - Repurchase Agreement107.32 Cr6.73%
India (Republic of)Bond - Short-term Government Bills99.78 Cr6.26%
Reliance Industries LtdEquity73.82 Cr4.63%
ICICI Bank LtdEquity69.17 Cr4.34%
India (Republic of)Bond - Short-term Government Bills69.11 Cr4.33%
HDFC Bank LtdEquity52.33 Cr3.28%
191 DTB 19072024Bond - Gov't/Treasury49.55 Cr3.11%
State Bank of IndiaEquity40.01 Cr2.51%
Bharti Airtel LtdEquity39.45 Cr2.47%
Infosys LtdEquity36.64 Cr2.30%
Jindal Steel & Power LtdEquity35.05 Cr2.20%
NTPC LtdEquity33.34 Cr2.09%
Larsen & Toubro LtdEquity31.53 Cr1.98%
Bharat Electronics LtdEquity30.35 Cr1.90%
Maruti Suzuki India LtdEquity28.06 Cr1.76%
Axis Bank LtdEquity25.97 Cr1.63%
Indian Railway Finance Corp Ltd.Bond - Gov't Agency Debt25.19 Cr1.58%
Future on Reliance Industries LtdEquity - Future-24.27 Cr1.52%
State Bank Of IndiaBond - Corporate Bond24.18 Cr1.52%
Tata Consultancy Services LtdEquity21.81 Cr1.37%
Indian Railway Finance Corporation LimitedBond - Corporate Bond20.39 Cr1.28%
Future on Jindal Steel & Power LtdEquity - Future-17.39 Cr1.09%
Net Receivable / PayableCash - Collateral17.19 Cr1.08%
Future on Tata Power Co LtdEquity - Future-16.91 Cr1.06%
Tata Power Co LtdEquity16.8 Cr1.05%
Hindalco Industries LtdEquity16.2 Cr1.02%
TVS Motor Co LtdEquity15.76 Cr0.99%
Varun Beverages LtdEquity15.76 Cr0.99%
ABB India LtdEquity15.63 Cr0.98%
Rural Electrification Corporation LimitedBond - Corporate Bond15.09 Cr0.95%
ITC LtdEquity15.05 Cr0.94%
Hindustan Aeronautics Ltd Ordinary SharesEquity15 Cr0.94%
Power Grid Corporation Of India LimitedBond - Corporate Bond14.97 Cr0.94%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.97 Cr0.94%
Future on Vodafone Idea LtdEquity - Future-14.85 Cr0.93%
Vodafone Idea LtdEquity14.7 Cr0.92%
Tata Motors Ltd Class AEquity14.43 Cr0.91%
Cipla LtdEquity13.95 Cr0.87%
Oil & Natural Gas Corp LtdEquity13.45 Cr0.84%
Future on Infosys LtdEquity - Future-13.32 Cr0.84%
Future on DLF LtdEquity - Future-12.5 Cr0.78%
DLF LtdEquity12.38 Cr0.78%
CG Power & Industrial Solutions LtdEquity11.7 Cr0.73%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-11.54 Cr0.72%
Adani Ports & Special Economic Zone LtdEquity11.5 Cr0.72%
PB Fintech LtdEquity11.24 Cr0.70%
Phoenix Mills LtdEquity11.02 Cr0.69%
Axis Bank Ltd.Bond - Corporate Bond-10.55 Cr0.66%
Future on Bharat Electronics LtdEquity - Future-10.52 Cr0.66%
ICICI Bank Ltd.Bond - Corporate Bond-10.51 Cr0.66%
Godrej Properties LtdEquity10.25 Cr0.64%
Rural Electrification Corporation LimitedBond - Corporate Bond10.15 Cr0.64%
Techno Electric & Engineering Co LtdEquity10.06 Cr0.63%
Tata Steel LtdEquity10.03 Cr0.63%
Coal India LtdEquity9.99 Cr0.63%
Small Industries Development Bank Of IndiaBond - Corporate Bond9.96 Cr0.62%
Future on IndusInd Bank LtdEquity - Future-9.93 Cr0.62%
IndusInd Bank LtdEquity9.87 Cr0.62%
Future on Hindalco Industries LtdEquity - Future-9.82 Cr0.62%
Future on Maruti Suzuki India LtdEquity - Future-9.82 Cr0.62%
Power Grid Corp Of India LtdEquity9.8 Cr0.61%
Future on NTPC LtdEquity - Future-9.78 Cr0.61%
Samvardhana Motherson International LtdEquity9.49 Cr0.60%
Future on United Spirits LtdEquity - Future-9.32 Cr0.58%
Prestige Estates Projects LtdEquity9.3 Cr0.58%
United Spirits LtdEquity9.25 Cr0.58%
SBI Life Insurance Company LimitedEquity9.01 Cr0.56%
Jindal Stainless LtdEquity8.56 Cr0.54%
JSW Energy LtdEquity8.48 Cr0.53%
Shriram Finance LtdEquity8.36 Cr0.52%
Mahindra & Mahindra LtdEquity8.34 Cr0.52%
Future on Ashok Leyland LtdEquity - Future-8.22 Cr0.52%
Ashok Leyland LtdEquity8.18 Cr0.51%
Jio Financial Services LtdEquity8.14 Cr0.51%
Future on Vedanta LtdEquity - Future-8.12 Cr0.51%
Vedanta LtdEquity8.07 Cr0.51%
Oil India LtdEquity8.02 Cr0.50%
Zomato LtdEquity8.02 Cr0.50%
Ajanta Pharma LtdEquity7.99 Cr0.50%
Sun Pharmaceuticals Industries LtdEquity7.83 Cr0.49%
Future on Polycab India LtdEquity - Future-7.79 Cr0.49%
Polycab India LtdEquity7.75 Cr0.49%
Max Healthcare Institute Ltd Ordinary SharesEquity7.67 Cr0.48%
Dixon Technologies (India) LtdEquity7.08 Cr0.44%
Future on Oil & Natural Gas Corp LtdEquity - Future-7.08 Cr0.44%
Future on Bharti Airtel LtdEquity - Future-6.95 Cr0.44%
Future on Tech Mahindra LtdEquity - Future-6.75 Cr0.42%
Escorts Kubota LtdEquity6.72 Cr0.42%
Tech Mahindra LtdEquity6.71 Cr0.42%
Future on Bajaj Finance LtdEquity - Future-6.64 Cr0.42%
HCL Technologies LtdEquity6.62 Cr0.42%
Bajaj Finance LtdEquity6.61 Cr0.41%
Canara BankEquity6.58 Cr0.41%
Cummins India LtdEquity6.51 Cr0.41%
Ethos LtdEquity6.48 Cr0.41%
Future on Tata Consultancy Services LtdEquity - Future-6.48 Cr0.41%
REC LtdEquity6.36 Cr0.40%
HDFC Asset Management Co LtdEquity6.32 Cr0.40%
Future on Bharat Petroleum Corp LtdEquity - Future-6.09 Cr0.38%
Bharat Petroleum Corp LtdEquity6.05 Cr0.38%
Finolex Industries LtdEquity6.04 Cr0.38%
CE Info Systems LtdEquity6.01 Cr0.38%
Hindustan Unilever LtdEquity5.87 Cr0.37%
Future on Hindustan Unilever LtdEquity - Future-5.86 Cr0.37%
Gabriel India LtdEquity5.45 Cr0.34%
Max Financial Services LtdEquity5.3 Cr0.33%
Indian Oil Corporation Ltd. 27-Jun-24Equity - Future-5.27 Cr0.33%
Future on Adani Enterprises LtdEquity - Future-5.25 Cr0.33%
Central Depository Services (India) LtdEquity5.23 Cr0.33%
KFin Technologies LtdEquity5.23 Cr0.33%
Indian Oil Corp LtdEquity5.23 Cr0.33%
Adani Enterprises LtdEquity5.22 Cr0.33%
Gokaldas Exports LtdEquity4.95 Cr0.31%
Carborundum Universal LtdEquity4.7 Cr0.29%
Blue Star LtdEquity4.7 Cr0.29%
Future on ITC LtdEquity - Future-4.65 Cr0.29%
Future on Tata Communications LtdEquity - Future-4.62 Cr0.29%
Tata Communications LtdEquity4.62 Cr0.29%
Electronics Mart India LtdEquity4.58 Cr0.29%
Punjab National BankEquity4.56 Cr0.29%
Future on Punjab National BankEquity - Future-4.53 Cr0.28%
Hitachi Energy India Ltd Ordinary SharesEquity4.52 Cr0.28%
Future on Titan Co LtdEquity - Future-4.51 Cr0.28%
Titan Co LtdEquity4.48 Cr0.28%
Power Finance Corp LtdEquity4.31 Cr0.27%
KSB LtdEquity4.2 Cr0.26%
Future on State Bank of IndiaEquity - Future-3.46 Cr0.22%
Wonderla Holidays LtdEquity3.29 Cr0.21%
182 DTB 27062024Bond - Gov't/Treasury1.75 Cr0.11%
Glenmark Life Sciences LtdEquity0.04 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

40.25%

Mid Cap Stocks

8.49%

Small Cap Stocks

4.44%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services279.36 Cr17.52%
Industrials174.58 Cr10.95%
Energy121.78 Cr7.64%
Consumer Cyclical113.34 Cr7.11%
Technology94.62 Cr5.93%
Basic Materials77.92 Cr4.89%
Utilities68.42 Cr4.29%
Communication Services58.78 Cr3.69%
Consumer Defensive45.93 Cr2.88%
Real Estate42.94 Cr2.69%
Healthcare37.49 Cr2.35%

Risk & Performance Ratios

Standard Deviation

This fund

5.59%

Cat. avg.

7.32%

Lower the better

Sharpe Ratio

This fund

0.68

Cat. avg.

0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.62

Higher the better

Fund Managers

PA

Parijat Agrawal

Since January 2018

HB

Hardick Bora

Since June 2018

SB

Sanjay Bembalkar

Since January 2023

Additional Scheme Detailsas of 31st May 2024

ISININF582M01DI0Expense Ratio2.11%Exit Load1.00%Fund Size₹1,595 CrAge04 Jan 2018Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
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Motilal Oswal Balance Advantage Fund Direct Growth

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Quant Dynamic Asset Allocation Fund Direct Growth

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0.7%1.0%₹1148.29 Cr64.7%
Quant Dynamic Asset Allocation Fund Regular Growth

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2.1%1.0%₹1148.29 Cr62.2%
Bandhan Balanced Advantage Fund Direct Growth

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0.6%1.0%₹2216.86 Cr21.0%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2216.86 Cr19.4%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹738.59 Cr28.3%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹738.59 Cr30.5%
Mirae Asset Balanced Advantage Fund Direct Growth

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0.7%1.0%₹1589.97 Cr23.2%
Mirae Asset Balanced Advantage Fund Regular Growth

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About the AMC

Total AUM

₹18,145 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

0.8%0.0%₹46.70 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹654.11 Cr-
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-6.9%
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹4113.40 Cr43.1%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹587.95 Cr27.6%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹229.09 Cr6.5%
Union Value Discovery Fund Direct Growth

Very High Risk

1.4%1.0%₹245.74 Cr45.8%
Union Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹917.38 Cr42.6%
Union Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹1594.75 Cr21.0%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.5%1.0%₹176.64 Cr14.4%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹201.13 Cr8.6%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.4%0.0%₹869.07 Cr34.6%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.2%1.0%₹112.25 Cr6.7%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2052.22 Cr36.3%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹3045.41 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1182.65 Cr49.4%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹136.26 Cr7.6%
Union Largecap Fund Direct Growth

Very High Risk

1.7%1.0%₹346.87 Cr33.1%
Union Retirement Fund Direct Growth

Very High Risk

1.1%0.0%₹126.74 Cr39.8%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹404.92 Cr6.9%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹176.71 Cr6.8%
Union Focused Fund Direct Growth

Very High Risk

1.5%1.0%₹398.80 Cr31.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹181.37 Cr7.1%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹750.39 Cr40.5%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Union Balanced Advantage Fund Regular Growth, as of 14-Jun-2024, is ₹19.13.
The fund has generated 19.64% over the last 1 year and 10.01% 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 52.86% in equities, 8.46% in bonds, and 38.68% in cash and cash equivalents.
The fund managers responsible for Union Balanced Advantage Fund Regular Growth are:-
  1. Parijat Agrawal
  2. Hardick Bora
  3. Sanjay Bembalkar