Union Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹20.96+0.58%1 day
- Return since launch
- 8.6%
- 52-week range
- ₹18.96 — ₹20.85
- AUM
- ₹1,158 Cr
Union Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Union Mutual Fund with ₹1,158 Cr under management, launched in 2017. Over three years it has returned 4.9% a year, against 9.3% for its category. The expense ratio is 2.55% and the SEBI riskometer reading is Very High.
Performance
Union Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.8% against +2.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | +3.9 pts | 2.0% | 6.1% |
| 2Y | 4.7% | −0.1 pts | 4.7% | 4.8% |
| 3Y | 4.9% | −4.4 pts | 9.3% | 5.3% |
| 5Y | 7.0% | −1.1 pts | 8.1% | 8.0% |
| 7Y | 8.1% | −1.6 pts | 9.7% | 9.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.9% | −0.3 pts | 5.2% | 5.3% |
| 3M | 0.7% | +0.3 pts | 0.3% | 0.5% |
| 6M | 4.7% | +0.6 pts | 4.1% | 4.3% |
| 1Y | 1.8% | −0.3 pts | 2.0% | 2.4% |
| 2Y | 3.8% | +0.3 pts | 3.5% | 3.8% |
| 3Y | 8.2% | −1.1 pts | 9.3% | 8.9% |
| 5Y | 6.7% | −1.4 pts | 8.1% | 7.8% |
| 7Y | 9.4% | −0.8 pts | 10.3% | 9.8% |
Since launch (7 Dec 2017): 8.6%
Calendar-year returns
Category average22.0%
9.4%
2.5%
15.5%
9.9%
5.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.8% | −0.9 pts | 6.7% |
| 2024 | 9.9% | −4.3 pts | 14.2% |
| 2023 | 15.5% | −4.4 pts | 20.0% |
| 2022 | 2.5% | −2.5 pts | 5.1% |
| 2021 | 9.4% | −7.2 pts | 16.6% |
| 2020 | 22.0% | +7.5 pts | 14.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.50%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.87%
- Brokerage
- 0.07%
- Transaction charges
- 0.01%
- Statutory levies
- 0.55%
- Exit load
- Exit load of 1%, if redeemed within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.12 | 1.25 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.14 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.17 | 0.63 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 9.14 | 10.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Union Balanced Advantage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity72.7%
- Debt22.1%
- Other5.1%
Market cap split
- Large56.3%
- Mid17.6%
- Small26.1%
- P/E
- 28.48
- P/B
- 3.46
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.13% | ₹59.72 Cr | +14.76% | +28.72% | +40.28% |
| HDFC Bank Ltd. | Financial | 4.78% | ₹55.31 Cr | -0.05% | -1.10% | -0.31% |
| ICICI Bank Ltd. | Financial | 3.90% | ₹45.20 Cr | +3.80% | +3.46% | +3.43% |
| Bharti Airtel Ltd. | Communication | 2.89% | ₹33.49 Cr | +2.70% | -0.76% | -0.76% |
| Reliance Industries Ltd. | Energy | 2.85% | ₹32.95 Cr | -0.87% | +4.07% | +3.66% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.12% | ₹24.60 Cr | +2.03% | +2.09% | +1.88% |
| Punjab National Bank | Financial | 2.10% | ₹24.28 Cr | +1.93% | +1.96% | +1.08% |
| State Bank of India | Financial | 2.02% | ₹23.39 Cr | +2.45% | +2.42% | +1.91% |
| Axis Bank Ltd. | Financial | 2.01% | ₹23.29 Cr | +1.44% | -0.40% | +1.11% |
| Gabriel India Ltd. | Automobile | 1.80% | ₹20.79 Cr | +1.55% | +1.07% | +1.17% |
| Bajaj Finance Ltd. | Financial | 1.71% | ₹19.84 Cr | -0.55% | -0.45% | +1.54% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.71% | ₹19.85 Cr | +1.65% | +0.82% | +1.89% |
| National Bank For Agriculture & Rural Development | Financial | 1.46% | ₹16.96 Cr | +2.44% | +2.52% | +2.26% |
| Eternal Ltd. | Services | 1.43% | ₹16.57 Cr | -0.68% | -0.92% | -2.10% |
| Canara Bank | Financial | 1.43% | ₹16.50 Cr | +1.31% | — | +0.36% |
| Dhoot Transmission Ltd. | Capital Goods | 1.42% | ₹16.43 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 1.42% | ₹16.48 Cr | +0.84% | +1.13% | +0.71% |
| Engineers India Ltd. | Construction | 1.34% | ₹15.48 Cr | +0.68% | — | — |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.30% | ₹15.07 Cr | +1.03% | +0.43% | — |
| Infosys Ltd. | Technology | 1.30% | ₹15.10 Cr | +1.09% | +1.41% | +1.74% |
| Kotak Mahindra Bank Ltd. | Financial | 1.28% | ₹14.85 Cr | +1.13% | +1.77% | +1.77% |
| Power Grid Corporation Of India Ltd. | Energy | 1.26% | ₹14.64 Cr | +1.22% | +0.33% | +0.28% |
| RBL Bank Ltd. | Financial | 1.25% | ₹14.48 Cr | — | — | — |
| Dr. Lal Pathlabs Ltd. | Healthcare | 1.12% | ₹12.92 Cr | +0.64% | — | — |
| Larsen & Toubro Ltd. | Construction | 1.03% | ₹11.92 Cr | +1.58% | -0.83% | +2.05% |
| Sai Life Sciences Ltd. | Healthcare | 1.02% | ₹11.78 Cr | +0.77% | — | — |
| Cummins India Ltd. | Capital Goods | 0.97% | ₹11.21 Cr | +1.08% | +0.89% | +0.69% |
| PNB Housing Finance Ltd. | Financial | 0.97% | ₹11.20 Cr | — | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.97% | ₹11.24 Cr | +1.03% | +0.41% | +0.41% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.95% | ₹11.00 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 0.95% | ₹11.00 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.95% | ₹10.98 Cr | +0.08% | +0.17% | +0.96% |
| Shadowfax Technologies Ltd. | Services | 0.88% | ₹10.21 Cr | +0.67% | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.86% | ₹10.00 Cr | +0.60% | — | — |
| Ipca Laboratories Ltd. | Healthcare | 0.86% | ₹9.98 Cr | +0.46% | — | — |
| REC Ltd. | Financial | 0.86% | ₹9.92 Cr | +0.83% | +0.84% | -0.70% |
| JSW Infrastructure Ltd. | Services | 0.85% | ₹9.81 Cr | +0.72% | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.85% | ₹9.79 Cr | +0.76% | — | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 0.85% | ₹9.81 Cr | +0.87% | +0.81% | — |
| Ajanta Pharma Ltd. | Healthcare | 0.84% | ₹9.74 Cr | +0.74% | +0.63% | +0.48% |
| Bank Of Baroda | Financial | 0.84% | ₹9.71 Cr | +0.77% | — | — |
| Power Finance Corporation Ltd. | Financial | 0.84% | ₹9.74 Cr | +0.81% | +0.83% | +0.76% |
| The Phoenix Mills Ltd. | Construction | 0.84% | ₹9.68 Cr | +0.79% | +0.63% | — |
| Maruti Suzuki India Ltd. | Automobile | 0.83% | ₹9.57 Cr | +1.33% | +1.21% | +1.39% |
| Ather Energy Ltd. | Automobile | 0.80% | ₹9.26 Cr | — | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.77% | ₹8.89 Cr | +0.34% | +0.97% | +0.78% |
| Nippon Life India Asset Management Ltd. | Financial | 0.76% | ₹8.83 Cr | +1.17% | +0.84% | +0.36% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.75% | ₹8.72 Cr | +0.80% | +1.09% | -0.59% |
| Bharat Electronics Ltd. | Capital Goods | 0.74% | ₹8.62 Cr | +1.03% | +1.04% | +0.93% |
| Cemindia Projects Ltd. | Construction | 0.74% | ₹8.58 Cr | +0.93% | — | — |
| Aditya Birla Capital Ltd. | Financial | 0.72% | ₹8.33 Cr | — | — | — |
| One 97 Communications Ltd. | Services | 0.71% | ₹8.20 Cr | -0.18% | +0.40% | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.70% | ₹8.07 Cr | +0.73% | +0.52% | +0.52% |
| Divi's Laboratories Ltd. | Healthcare | 0.70% | ₹8.08 Cr | — | — | — |
| Manipal Health Enterprises Ltd. | Healthcare | 0.70% | ₹8.11 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 0.69% | ₹7.96 Cr | — | — | — |
| Inventurus Knowledge Solutions Ltd. | Services | 0.69% | ₹8.02 Cr | +0.62% | +0.46% | +0.14% |
| JSW Energy Ltd. | Capital Goods | 0.69% | ₹8.03 Cr | +1.04% | +0.44% | +0.44% |
| KRN Heat Exchanger And Refrigeration Ltd. | Capital Goods | 0.69% | ₹8.04 Cr | — | — | — |
| Aarti Industries Ltd. | Chemicals | 0.68% | ₹7.85 Cr | +0.61% | +0.13% | — |
| Ultratech Cement Ltd. | Materials | 0.68% | ₹7.83 Cr | +0.65% | +1.19% | +1.20% |
| Jindal Steel Ltd. | Metals & Mining | 0.66% | ₹7.60 Cr | +0.41% | +0.89% | +0.75% |
| Solar Industries India Ltd. | Chemicals | 0.66% | ₹7.68 Cr | +1.06% | +0.71% | +0.69% |
| Pidilite Industries Ltd. | Chemicals | 0.65% | ₹7.51 Cr | +0.66% | +0.55% | +0.56% |
| Shiprocket Ltd. | Technology | 0.65% | ₹7.50 Cr | — | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 0.62% | ₹7.15 Cr | +0.57% | — | — |
| Apar Industries Ltd. | Consumer Staples | 0.59% | ₹6.83 Cr | +0.50% | — | — |
| HDFC Life Insurance Co Ltd. | Insurance | 0.59% | ₹6.78 Cr | — | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 0.58% | ₹6.75 Cr | +0.48% | — | — |
| Godrej Properties Ltd. | Construction | 0.57% | ₹6.55 Cr | -0.27% | -0.37% | +0.45% |
| Delhivery Ltd. | Services | 0.53% | ₹6.15 Cr | — | — | — |
| Gokaldas Exports Ltd. | Textiles | 0.52% | ₹6.04 Cr | +0.62% | +0.43% | +0.47% |
| Titan Company Ltd. | Consumer Discretionary | 0.52% | ₹6.07 Cr | — | -0.42% | -0.71% |
| Varun Beverages Ltd. | Consumer Staples | 0.52% | ₹5.97 Cr | +0.57% | — | — |
| E2E Networks Ltd. | Technology | 0.49% | ₹5.72 Cr | — | — | — |
| Mphasis Ltd. | Technology | 0.49% | ₹5.63 Cr | +0.46% | +0.45% | +0.52% |
| Cyient Ltd. | Technology | 0.48% | ₹5.50 Cr | — | — | — |
| HCL Technologies Ltd. | Technology | 0.46% | ₹5.38 Cr | +0.38% | +0.49% | +0.45% |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.39% | ₹4.53 Cr | +0.41% | +0.37% | — |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 0.36% | ₹4.18 Cr | — | — | — |
| Oil India Ltd. | Energy | 0.35% | ₹4.08 Cr | +0.31% | +0.36% | — |
| NTPC Ltd. | Energy | 0.31% | ₹3.55 Cr | +0.32% | +0.71% | +0.58% |
| Trent Ltd. | Services | 0.31% | ₹3.57 Cr | +0.36% | +0.25% | +0.32% |
| National Stock Exchange | Financial | 0.30% | ₹3.43 Cr | — | — | — |
| Persistent Systems Ltd. | Technology | 0.25% | ₹2.85 Cr | +0.19% | +0.22% | +0.23% |
| Wockhardt Ltd. | Healthcare | 0.19% | ₹2.17 Cr | +0.16% | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 0.15% | ₹1.70 Cr | +0.12% | — | — |
| Indusind Bank Ltd. | Financial | 0.00% | ₹-0.00 Cr | — | — | — |
| Patanjali Foods Ltd. | Consumer Staples | 0.00% | ₹-0.03 Cr | -0.32% | — | -2.72% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Eternal Ltd. | 1.37% | -0.44% | -1.81% |
| Others | 0.04% | 1.52% | +1.48% |
| Max Financial Services Ltd. | 0.76% | 0.00% | -0.76% |
| Tata Motors Ltd. | 0.70% | 0.00% | -0.70% |
| Dhoot Transmission Ltd. | 0.73% | 1.42% | +0.69% |
| Swiggy Ltd. | 0.68% | 0.00% | -0.68% |
| Patanjali Foods Ltd. | 0.00% | -0.64% | -0.64% |
| Sona BLW Precision Forgings Ltd. | 0.60% | 0.00% | -0.60% |
| HDFC Life Insurance Co Ltd. | 0.00% | 0.59% | +0.59% |
| DOMS Industries Ltd. | 0.51% | 0.00% | -0.51% |
| Larsen & Toubro Ltd. | 1.54% | 1.03% | -0.51% |
| E2E Networks Ltd. | 0.00% | 0.49% | +0.49% |
| Cyient Ltd. | 0.00% | 0.48% | +0.48% |
| Maruti Suzuki India Ltd. | 1.28% | 0.83% | -0.45% |
| FSN E-Commerce Ventures Ltd. | 0.45% | 0.00% | -0.45% |
| Indusind Bank Ltd. | 0.00% | -0.44% | -0.44% |
| Oil And Natural Gas Corporation Ltd. | 0.40% | 0.00% | -0.40% |
| Reserve Bank of India | 1.28% | 0.95% | -0.33% |
| HDFC Bank Ltd. | 4.46% | 4.78% | +0.32% |
| Ather Energy Ltd. | 1.11% | 0.80% | -0.31% |
| National Stock Exchange | 0.00% | 0.30% | +0.30% |
| Engineers India Ltd. | 1.06% | 1.34% | +0.28% |
| One 97 Communications Ltd. | 0.95% | 0.71% | -0.24% |
| Clean Max Enviro Energy Solutions Ltd. | 1.14% | 1.30% | +0.16% |
| Punjab National Bank | 1.95% | 2.10% | +0.15% |
| RBL Bank Ltd. | 1.10% | 1.25% | +0.15% |
| Small Industries Devp. Bank of India Ltd. | 1.99% | 2.12% | +0.13% |
| Shadowfax Technologies Ltd. | 0.76% | 0.88% | +0.12% |
| Dr. Lal Pathlabs Ltd. | 1.01% | 1.12% | +0.11% |
| Sai Life Sciences Ltd. | 0.91% | 1.02% | +0.11% |
| Canara Bank | 1.32% | 1.43% | +0.11% |
| ICICI Bank Ltd. | 4.01% | 3.90% | -0.11% |
| Bharti Airtel Ltd. | 2.79% | 2.89% | +0.10% |
| JSW Infrastructure Ltd. | 0.75% | 0.85% | +0.10% |
| Indian Railway Finance Corporation Ltd. | 1.62% | 1.71% | +0.09% |
| Infosys Ltd. | 1.39% | 1.30% | -0.09% |
| Godrej Properties Ltd. | 0.65% | 0.57% | -0.08% |
| Kotak Mahindra Bank Ltd. | 1.20% | 1.28% | +0.08% |
| National Bank For Agriculture & Rural Development | 1.21% | 1.29% | +0.08% |
| Shriram Finance Ltd | 1.50% | 1.42% | -0.08% |
| Varun Beverages Ltd. | 0.45% | 0.52% | +0.07% |
| The Phoenix Mills Ltd. | 0.77% | 0.84% | +0.07% |
| Power Grid Corporation Of India Ltd. | 1.20% | 1.26% | +0.06% |
| State Bank of India | 2.08% | 2.02% | -0.06% |
| Ajanta Pharma Ltd. | 0.78% | 0.84% | +0.06% |
| Bank Of Baroda | 0.78% | 0.84% | +0.06% |
| Bajaj Finance Ltd. | 1.76% | 1.71% | -0.05% |
| Inventurus Knowledge Solutions Ltd. | 0.64% | 0.69% | +0.05% |
| Pidilite Industries Ltd. | 0.70% | 0.65% | -0.05% |
| REC Ltd. | 0.81% | 0.86% | +0.05% |
| Shiprocket Ltd. | 0.70% | 0.65% | -0.05% |
| 360 One Wam Ltd. | 0.73% | 0.69% | -0.04% |
| Divi's Laboratories Ltd. | 0.66% | 0.70% | +0.04% |
| Multi Commodity Exchange Of India Ltd. | 0.91% | 0.95% | +0.04% |
| PNB Housing Finance Ltd. | 0.93% | 0.97% | +0.04% |
| Power Finance Corporation Ltd. | 0.80% | 0.84% | +0.04% |
| Cemindia Projects Ltd. | 0.71% | 0.74% | +0.03% |
| Gokaldas Exports Ltd. | 0.55% | 0.52% | -0.03% |
| Ipca Laboratories Ltd. | 0.83% | 0.86% | +0.03% |
| Solar Industries India Ltd. | 0.63% | 0.66% | +0.03% |
| Wockhardt Ltd. | 0.16% | 0.19% | +0.03% |
| Amber Enterprises India Ltd. | 0.42% | 0.39% | -0.03% |
| Apar Industries Ltd. | 0.56% | 0.59% | +0.03% |
| Delhivery Ltd. | 0.55% | 0.53% | -0.02% |
| Jindal Steel Ltd. | 0.64% | 0.66% | +0.02% |
| Mphasis Ltd. | 0.51% | 0.49% | -0.02% |
| NTPC Ltd. | 0.29% | 0.31% | +0.02% |
| Nippon Life India Asset Management Ltd. | 0.78% | 0.76% | -0.02% |
| Tata Consumer Products Ltd. | 0.99% | 0.97% | -0.02% |
| Titan Company Ltd. | 0.54% | 0.52% | -0.02% |
| Torrent Pharmaceuticals Ltd. | 0.83% | 0.85% | +0.02% |
| Ultratech Cement Ltd. | 0.66% | 0.68% | +0.02% |
| company:20133 | 0.02% | 0.00% | -0.02% |
| Aarti Industries Ltd. | 0.70% | 0.68% | -0.02% |
| Billionbrains Garage Ventures Ltd. | 0.93% | 0.95% | +0.02% |
| Ujjivan Small Finance Bank Ltd. | 0.56% | 0.58% | +0.02% |
| Axis Bank Ltd. | 1.99% | 2.01% | +0.02% |
| GE Vernova T&D India Ltd | 0.61% | 0.62% | +0.01% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.37% | 0.36% | -0.01% |
| Hindustan Unilever Ltd. | 0.74% | 0.75% | +0.01% |
| KRN Heat Exchanger And Refrigeration Ltd. | 0.70% | 0.69% | -0.01% |
| Persistent Systems Ltd. | 0.24% | 0.25% | +0.01% |
| Sun Pharmaceutical Industries Ltd. | 0.78% | 0.77% | -0.01% |
| Trent Ltd. | 0.32% | 0.31% | -0.01% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.86% | 0.85% | -0.01% |
| LG Electronics India Ltd. | 0.14% | 0.15% | +0.01% |
| JSW Energy Ltd. | 0.68% | 0.69% | +0.01% |
| Reliance Industries Ltd. | 2.86% | 2.85% | -0.01% |
| Aditya Birla Capital Ltd. | 0.72% | 0.72% | 0.00% |
| Bharat Electronics Ltd. | 0.74% | 0.74% | 0.00% |
| Bharat Heavy Electricals Ltd. | 0.86% | 0.86% | 0.00% |
| CG Power and Industrial Solutions Ltd. | 0.70% | 0.70% | 0.00% |
| Cummins India Ltd. | 0.97% | 0.97% | 0.00% |
| Gabriel India Ltd. | 1.80% | 1.80% | 0.00% |
| HCL Technologies Ltd. | 0.46% | 0.46% | 0.00% |
| Manipal Health Enterprises Ltd. | 0.70% | 0.70% | 0.00% |
| Oil India Ltd. | 0.35% | 0.35% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,275 Cr | 2.11% | 7.3% | 6.9% | 10.2% |
 ICICI Prudential Balanced Advantage Fund | ₹71,913 Cr | 1.52% | 8.8% | 8.6% | 10.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹9,836 Cr | 1.96% | 10.5% | 8.9% | 10.5% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,162 Cr | 2.04% | 7.8% | 7.7% | 10.4% |
 Axis Balanced Advantage Fund | ₹3,651 Cr | 2.18% | 7.4% | 6.8% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹810 Cr | 2.84% | 2.0% | 2.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available.
Fund managers
- Gaurav ChopraMr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates
- Parijat AgrawalMr. Agrawal is a B.Tech and MBA from IIM Bangalore.Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
- Sanjay BembalkarMr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
- Vishal ThakkerMr.Thakker has done B.Com & M.B.APrior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.70% absolute | ₹60,000 | ₹62,820 | 4.70% | |
| 1 year1.75% annualised | ₹1,20,000 | ₹1,21,144 | 0.95% | |
| 3 years8.15% annualised | ₹3,60,000 | ₹4,09,033 | 13.62% | |
| 5 years6.69% annualised | ₹6,00,000 | ₹7,14,173 | 19.03% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Union Balanced Advantage Fund?
The NAV of Union Balanced Advantage Fund is ₹20.96 as on 9 Nov 2026.
What is the expense ratio of Union Balanced Advantage Fund?
The expense ratio of Union Balanced Advantage Fund is 2.55% per year.
What is the minimum SIP amount for Union Balanced Advantage Fund?
You can start a SIP in Union Balanced Advantage Fund with ₹3,000 a month.
What returns has Union Balanced Advantage Fund given?
Union Balanced Advantage Fund has returned 5.9% over 1 year, 4.9% over 3 years and 7.0% over 5 years (annualised).
Is there a lock-in or exit load on Union Balanced Advantage Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 15 days..
How risky is Union Balanced Advantage Fund?
Union Balanced Advantage Fund is rated Very High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages Union Balanced Advantage Fund?
Union Balanced Advantage Fund is managed by Union Mutual Fund, which runs 30 schemes with ₹28,977 Cr under management.