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Union Balanced Advantage Fund(IDCW-Payout)

IDCW
HybridBalanced Advantage Fund
Mid-size FundAssets Under Mgmt: ₹ 1,554 Cr
High RiskPrinciple investment will be at high risk
21.160.81% (+0.17)

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Returns
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Investment Checklist

Returns

Fund's average annual rolling returns over the last three years is compared against the funds from the same category

Fund has been able to generate better returns compared to other funds in the same category

Expense Ratio

Expense Ratio is the fee paid by investors of Mutual Funds. Fund's expense ratio is compared against the expense ratio of other funds in the same category to check if the fund is charging more or less compared to other funds in the same category

Less expense ratio implies better returns over the long term

Return vs FD Rates

If fund's return is lower than the average fixed deposit rates offered by banks, investors are better off investing the amount in a FD

Fund has been able to generate better price return than bank FD

Red Flags

We check for various red flags on fund's portfolio holdings like - ratings for debt securities, pledging of promoter shares in the company, default probabiity of the company, stocks presense in negative lists published by the exchanges etc. Checkout the Holdings section in the Portfolio tab for full list of securties with red flags

Total holdings with red flags is insignificant

HybridBalanced Advantage Fund
Mid-size FundAssets Under Mgmt: ₹ 1,554 Cr
High RiskPrinciple investment will be at high risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.9642.191.80
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.3041.332.15

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
IDCW0 yrs1.00%
1% on or before 15D Nil after 15D
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 1,000
Initial: ₹ 1,000 Incremental: ₹ 1,000
BenchmarkBenchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index

About Balanced Advantage Fund

Balanced advantage funds are equity mutual funds that have equity allocation between 30% and 80% depending on the PE ratio and market valuation

Peers & Comparison

Comparing 3 mutual funds from 
HybridBalanced Advantage Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Union Balanced Advantage Fund(IDCW-Payout)21.05%10.96%11.69%
HDFC Balanced Advantage Fund(IDCW)24.46%12.60%3.86%
ICICI Pru Balanced Advantage Fund(M-IDCW Payout)18.56%9.31%8.42%
SBI Balanced Advantage Fund(IDCW)23.67%14.47%14.69%

Price Comparison

Compare Union Balanced Advantage Fund(IDCW-Payout) with any MF, ETF, stock or index
Compare Union Balanced Advantage Fund(IDCW-Payout) with any MF, ETF, stock or index
Union Balanced Advantage Fund(IDCW-Payout)
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Asset Allocation

Actual

Target

Dec 2023

Mar 2024

Jun 2024

Aug 2024

ACTUAL
Cash & EquivalentsCorporate DebtTreasury BillsEquity6.19%8.79%12.91%72.11%

Dec 2023

Mar 2024

Jun 2024

Aug 2024

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Sector Distribution

+38 moreTelecom ServicesIT Services & ConsultingConsumer FinancePrivate BanksG-Sec55.84 %5.92 %6.81 %7.36 %11.18 %12.91 %

Dec 2023

Mar 2024

Jun 2024

Aug 2024

Tickertape Separator

Sector Weightage

Jun 23Sep 23Dec 23Mar 24Jun 24Aug 244.23%6.26%18.50%14.57%13.45%12.91%
G-Sec as a % of total holdings for last six quarters
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Current Holdings

Equity

Debt

Others

  • Constituent
    Holding Weight
    3M Change
  • HDFC Bank Ltd
    HDFCBANK
    3M change : 0.44 %

    Holdings

    4.71 %

    0.44 %
  • Reliance Industries Ltd
    RELIANCE
    3M change : -0.35 %

    Holdings

    4.59 %

    -0.35 %
  • ICICI Bank Ltd
    ICICIBANK
    3M change : 0.45 %

    Holdings

    4.29 %

    0.45 %

AMC Profile

Union Asset Management Company Pvt. Ltd (the AMC) is the approved Asset Management Company of Union Mutual Fund which was granted a Certificate of Registration by the SEBI in March 2011.

  • No.of Schemes

    26

  • Total AUM

    ₹ 18,092.35 Cr.

Fund Manager Profile

Hardick Bora

AUM:  ₹12,915.05 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 8yrs

Sanjay Bembalkar

AUM:  ₹11,069.82 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 12yrs

Parijat Agrawal

AUM:  ₹6,693.95 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 17yrs

Manager Performance (0)

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Tax Implications

Invested period < 1 year

Gains are treated as short-term capital gains and taxed at 20%

Invested period > 1 year

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

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Opinions and Fund Reviews

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