Union Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹20.31-1.36%1 day
- Return since launch
- 8.6%
- 52-week range
- ₹18.96 — ₹20.85
- AUM
- ₹1,240 Cr
Union Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Union Mutual Fund with ₹1,240 Cr under management, launched in 2017. Over three years it has returned 3.4% a year, against 8.3% for its category. The expense ratio is 2.56% 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 +0.1% against +0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.3% | −0.9 pts | 0.6% | -0.5% |
| 2Y | 1.7% | +0.1 pts | 1.5% | 1.6% |
| 3Y | 3.4% | −4.9 pts | 8.3% | 3.8% |
| 5Y | 6.1% | −1.6 pts | 7.8% | 7.2% |
| 7Y | 7.7% | −1.5 pts | 9.2% | 8.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.4% | +0.3 pts | -2.6% | -2.7% |
| 3M | -0.1% | +0.4 pts | -0.5% | -0.5% |
| 6M | 4.2% | 0.0 pts | 4.2% | 4.1% |
| 1Y | 0.1% | −0.4 pts | 0.6% | 0.7% |
| 2Y | 0.3% | +0.2 pts | 0.1% | 0.3% |
| 3Y | 7.1% | −1.2 pts | 8.3% | 7.9% |
| 5Y | 6.2% | −1.5 pts | 7.8% | 7.4% |
| 7Y | 9.3% | −0.7 pts | 10.1% | 9.6% |
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
2.56%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.87%
- Brokerage
- 0.08%
- Transaction charges
- 0.01%
- Statutory levies
- 0.60%
- 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 | 1.29 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.30 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.35 | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 8.81 | 10.95 | 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 31 Aug 2026
Asset allocation
- Equity74.4%
- Debt21.1%
- Other4.5%
Market cap split
- Large56.8%
- Mid19.5%
- Small23.7%
- P/E
- 29.55
- P/B
- 3.71
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 4.55% | ₹56.25 Cr | +20.55% | +7.84% | +16.39% |
| HDFC Bank Ltd. | Financial | 4.46% | ₹55.33 Cr | -0.36% | -0.30% | -0.31% |
| ICICI Bank Ltd. | Financial | 4.01% | ₹49.73 Cr | +3.53% | +3.61% | +3.54% |
| Reliance Industries Ltd. | Energy | 2.86% | ₹35.45 Cr | -0.91% | +3.85% | +3.94% |
| Bharti Airtel Ltd. | Communication | 2.79% | ₹34.54 Cr | -0.76% | -0.73% | -0.76% |
| State Bank of India | Financial | 2.08% | ₹25.84 Cr | +2.33% | +2.71% | +1.46% |
| Axis Bank Ltd. | Financial | 1.99% | ₹24.69 Cr | -0.41% | +1.40% | +1.02% |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.99% | ₹24.74 Cr | +2.02% | +1.93% | +1.12% |
| Punjab National Bank | Financial | 1.95% | ₹24.16 Cr | +1.94% | — | — |
| Gabriel India Ltd. | Automobile | 1.80% | ₹22.28 Cr | +1.40% | +1.02% | +1.14% |
| Bajaj Finance Ltd. | Financial | 1.76% | ₹21.86 Cr | -0.50% | +1.58% | +1.34% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.62% | ₹20.05 Cr | +1.64% | +1.57% | +1.88% |
| Larsen & Toubro Ltd. | Construction | 1.54% | ₹19.09 Cr | -0.03% | +2.47% | +2.00% |
| Shriram Finance Ltd | Financial | 1.50% | ₹18.62 Cr | +0.78% | +1.28% | +0.67% |
| Infosys Ltd. | Technology | 1.39% | ₹17.22 Cr | -0.42% | +1.34% | -0.33% |
| Eternal Ltd. | Services | 1.37% | ₹16.98 Cr | -0.11% | -0.45% | -1.00% |
| National Bank For Agriculture & Rural Development | Financial | 1.37% | ₹16.98 Cr | +2.45% | +2.32% | +2.26% |
| Canara Bank | Financial | 1.32% | ₹16.42 Cr | +1.32% | +0.38% | +1.07% |
| Maruti Suzuki India Ltd. | Automobile | 1.28% | ₹15.83 Cr | +1.26% | +1.33% | +1.28% |
| Reserve Bank of India | Financial | 1.28% | ₹15.91 Cr | +0.08% | +0.15% | +1.62% |
| Kotak Mahindra Bank Ltd. | Financial | 1.20% | ₹14.93 Cr | +1.12% | +1.90% | +1.13% |
| Power Grid Corporation Of India Ltd. | Energy | 1.20% | ₹14.83 Cr | +0.32% | +0.31% | +0.27% |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.14% | ₹14.16 Cr | +0.60% | +0.53% | — |
| Ather Energy Ltd. | Automobile | 1.11% | ₹13.73 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 1.10% | ₹13.66 Cr | — | — | — |
| Engineers India Ltd. | Construction | 1.06% | ₹13.09 Cr | +0.67% | — | — |
| Dr. Lal Pathlabs Ltd. | Healthcare | 1.01% | ₹12.58 Cr | — | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.99% | ₹12.28 Cr | +1.15% | +0.42% | +0.38% |
| Cummins India Ltd. | Capital Goods | 0.97% | ₹12.02 Cr | +1.14% | +0.88% | +0.67% |
| One97 Communications Ltd. | Services | 0.95% | ₹11.82 Cr | +0.46% | +0.42% | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.93% | ₹11.49 Cr | — | — | — |
| company:6953 | Financial | 0.93% | ₹11.49 Cr | — | — | — |
| Sai Life Sciences Ltd. | Healthcare | 0.91% | ₹11.28 Cr | — | — | — |
| company:12612 | Services | 0.91% | ₹11.34 Cr | — | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.86% | ₹10.66 Cr | +0.62% | — | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 0.86% | ₹10.62 Cr | +0.84% | +0.76% | — |
| Ipca Laboratories Ltd. | Healthcare | 0.83% | ₹10.23 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.83% | ₹10.34 Cr | — | — | — |
| REC Ltd. | Financial | 0.81% | ₹10.01 Cr | +0.82% | +0.78% | -0.65% |
| Power Finance Corporation Ltd. | Financial | 0.80% | ₹9.88 Cr | +0.80% | +0.77% | +0.75% |
| Ajanta Pharma Ltd. | Healthcare | 0.78% | ₹9.69 Cr | +0.65% | +0.62% | +0.49% |
| Bank Of Baroda | Financial | 0.78% | ₹9.66 Cr | +0.77% | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 0.78% | ₹9.67 Cr | +1.13% | +0.89% | +0.32% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.78% | ₹9.72 Cr | -0.31% | +0.87% | +0.77% |
| The Phoenix Mills Ltd. | Construction | 0.77% | ₹9.50 Cr | +0.73% | +0.64% | — |
| Max Financial Services Ltd. | Financial | 0.76% | ₹9.41 Cr | -0.12% | -0.12% | +1.33% |
| Shadowfax Technologies Ltd. | Services | 0.76% | ₹9.42 Cr | — | — | — |
| JSW Infrastructure Ltd. | Services | 0.75% | ₹9.35 Cr | +0.62% | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.74% | ₹9.20 Cr | +1.05% | +1.06% | +0.85% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.74% | ₹9.13 Cr | +1.12% | +1.13% | -0.62% |
| company:13401 | Financial | 0.73% | ₹9.08 Cr | — | — | — |
| company:20770 | Capital Goods | 0.73% | ₹9.04 Cr | — | — | — |
| Aditya Birla Capital Ltd. | Financial | 0.72% | ₹8.97 Cr | — | — | — |
| Cemindia Projects Ltd. | Construction | 0.71% | ₹8.82 Cr | +0.52% | — | — |
| Aarti Industries Ltd. | Chemicals | 0.70% | ₹8.65 Cr | +0.64% | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.70% | ₹8.66 Cr | +0.71% | +0.53% | +0.49% |
| Pidilite Industries Ltd. | Chemicals | 0.70% | ₹8.65 Cr | +0.62% | +0.59% | +0.58% |
| Tata Motors Ltd. | Automobile | 0.70% | ₹8.70 Cr | +0.58% | +0.72% | — |
| company:19438 | Capital Goods | 0.70% | ₹8.70 Cr | — | — | — |
| company:20750 | Healthcare | 0.70% | ₹8.73 Cr | — | — | — |
| company:20795 | Technology | 0.70% | ₹8.66 Cr | — | — | — |
| JSW Energy Ltd. | Capital Goods | 0.68% | ₹8.44 Cr | +0.55% | +0.42% | +0.41% |
| Swiggy Ltd. | Services | 0.68% | ₹8.46 Cr | — | — | — |
| Divi's Laboratories Ltd. | Healthcare | 0.66% | ₹8.24 Cr | — | — | — |
| Ultratech Cement Ltd. | Materials | 0.66% | ₹8.18 Cr | +1.25% | +1.29% | +1.04% |
| Godrej Properties Ltd. | Construction | 0.65% | ₹8.10 Cr | -0.23% | -0.40% | +0.44% |
| Inventurus Knowledge Solutions Ltd. | Services | 0.64% | ₹7.96 Cr | +0.98% | +0.43% | +0.14% |
| Jindal Steel Ltd. | Metals & Mining | 0.64% | ₹7.99 Cr | +0.94% | +0.91% | +0.55% |
| Solar Industries India Ltd. | Chemicals | 0.63% | ₹7.84 Cr | +1.05% | +0.72% | +0.71% |
| GE Vernova T&D India Ltd | Capital Goods | 0.61% | ₹7.56 Cr | — | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.60% | ₹7.48 Cr | — | — | — |
| Apar Industries Ltd. | Consumer Staples | 0.56% | ₹6.95 Cr | — | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 0.56% | ₹6.91 Cr | +0.45% | — | — |
| Delhivery Ltd. | Services | 0.55% | ₹6.84 Cr | — | — | — |
| Gokaldas Exports Ltd. | Textiles | 0.55% | ₹6.86 Cr | +0.50% | +0.43% | +0.44% |
| Titan Company Ltd. | Consumer Discretionary | 0.54% | ₹6.75 Cr | -0.43% | -0.42% | -0.76% |
| DOMS Industries Ltd. | Consumer Staples | 0.51% | ₹6.29 Cr | +0.81% | +0.68% | +0.58% |
| Mphasis Ltd. | Technology | 0.51% | ₹6.35 Cr | +0.49% | +0.46% | +0.54% |
| HCL Technologies Ltd. | Technology | 0.46% | ₹5.74 Cr | +0.43% | +0.47% | +0.47% |
| FSN E-Commerce Ventures Ltd. | Services | 0.45% | ₹5.59 Cr | — | — | — |
| Varun Beverages Ltd. | Consumer Staples | 0.45% | ₹5.54 Cr | +0.29% | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.42% | ₹5.18 Cr | +0.42% | +0.42% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.40% | ₹4.93 Cr | +0.46% | +0.46% | -0.46% |
| company:5979 | Healthcare | 0.37% | ₹4.60 Cr | — | — | — |
| Oil India Ltd. | Energy | 0.35% | ₹4.40 Cr | +0.36% | +0.34% | — |
| Trent Ltd. | Services | 0.32% | ₹3.92 Cr | +0.31% | +0.27% | +0.36% |
| NTPC Ltd. | Energy | 0.29% | ₹3.60 Cr | +0.73% | +0.67% | +0.55% |
| Persistent Systems Ltd. | Technology | 0.24% | ₹3.02 Cr | -0.11% | +0.20% | +0.25% |
| Wockhardt Ltd. | Healthcare | 0.16% | ₹1.93 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 0.14% | ₹1.68 Cr | +0.12% | — | — |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 0.02% | ₹0.25 Cr | +0.02% | +0.02% | +0.02% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reserve Bank of India | 0.08% | 1.28% | +1.20% |
| Krishna Institute of Medical Sciences Ltd | 1.17% | 0.00% | -1.17% |
| State Bank of India | 3.04% | 2.08% | -0.96% |
| company:6953 | 0.00% | 0.93% | +0.93% |
| Bharti Airtel Ltd. | 3.71% | 2.79% | -0.92% |
| company:12612 | 0.00% | 0.91% | +0.91% |
| Mankind Pharma Ltd. | 0.86% | 0.00% | -0.86% |
| company:13401 | 0.00% | 0.73% | +0.73% |
| company:20770 | 0.00% | 0.73% | +0.73% |
| company:19438 | 0.00% | 0.70% | +0.70% |
| company:20750 | 0.00% | 0.70% | +0.70% |
| company:20795 | 0.00% | 0.70% | +0.70% |
| Shriram Finance Ltd | 0.85% | 1.50% | +0.65% |
| Fortis Healthcare Ltd. | 0.58% | 0.00% | -0.58% |
| CORONA Remedies Ltd. | 0.52% | 0.00% | -0.52% |
| Billionbrains Garage Ventures Ltd. | 0.49% | 0.93% | +0.44% |
| Engineers India Ltd. | 0.63% | 1.06% | +0.43% |
| Sun Pharmaceutical Industries Ltd. | 0.37% | 0.78% | +0.41% |
| Solar Industries India Ltd. | 1.04% | 0.63% | -0.41% |
| RBL Bank Ltd. | 0.69% | 1.10% | +0.41% |
| company:5979 | 0.00% | 0.37% | +0.37% |
| Ipca Laboratories Ltd. | 0.47% | 0.83% | +0.36% |
| JSW Energy Ltd. | 0.99% | 0.68% | -0.31% |
| Ather Energy Ltd. | 0.81% | 1.11% | +0.30% |
| Bharat Heavy Electricals Ltd. | 0.59% | 0.86% | +0.27% |
| GE Vernova T&D India Ltd | 0.35% | 0.61% | +0.26% |
| HDFC Bank Ltd. | 4.72% | 4.46% | -0.26% |
| Axis Bank Ltd. | 1.74% | 1.99% | +0.25% |
| Grasim Industries Ltd. | -0.23% | 0.00% | +0.23% |
| Jindal Steel Ltd. | 0.43% | 0.64% | +0.21% |
| One97 Communications Ltd. | 0.75% | 0.95% | +0.20% |
| Others | 0.23% | 0.04% | -0.19% |
| Cemindia Projects Ltd. | 0.55% | 0.71% | +0.16% |
| Bajaj Finance Ltd. | 1.91% | 1.76% | -0.15% |
| Max Financial Services Ltd. | 0.90% | 0.76% | -0.14% |
| Clean Max Enviro Energy Solutions Ltd. | 1.01% | 1.14% | +0.13% |
| Eternal Ltd. | 1.26% | 1.37% | +0.11% |
| Apar Industries Ltd. | 0.46% | 0.56% | +0.10% |
| Divi's Laboratories Ltd. | 0.57% | 0.66% | +0.09% |
| Sai Life Sciences Ltd. | 0.82% | 0.91% | +0.09% |
| Cummins India Ltd. | 1.05% | 0.97% | -0.08% |
| Kotak Mahindra Bank Ltd. | 1.12% | 1.20% | +0.08% |
| Reliance Industries Ltd. | 2.93% | 2.86% | -0.07% |
| Maruti Suzuki India Ltd. | 1.34% | 1.28% | -0.06% |
| JSW Infrastructure Ltd. | 0.69% | 0.75% | +0.06% |
| Aarti Industries Ltd. | 0.65% | 0.70% | +0.05% |
| Tata Motors Ltd. | 0.65% | 0.70% | +0.05% |
| Hindustan Unilever Ltd. | 0.79% | 0.74% | -0.05% |
| Tata Consumer Products Ltd. | 1.04% | 0.99% | -0.05% |
| Shadowfax Technologies Ltd. | 0.71% | 0.76% | +0.05% |
| ICICI Bank Ltd. | 3.96% | 4.01% | +0.05% |
| Inventurus Knowledge Solutions Ltd. | 0.69% | 0.64% | -0.05% |
| Bharat Electronics Ltd. | 0.70% | 0.74% | +0.04% |
| Varun Beverages Ltd. | 0.49% | 0.45% | -0.04% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.82% | 0.86% | +0.04% |
| CG Power and Industrial Solutions Ltd. | 0.66% | 0.70% | +0.04% |
| Larsen & Toubro Ltd. | 1.50% | 1.54% | +0.04% |
| Delhivery Ltd. | 0.58% | 0.55% | -0.03% |
| Godrej Properties Ltd. | 0.68% | 0.65% | -0.03% |
| Pidilite Industries Ltd. | 0.67% | 0.70% | +0.03% |
| Indian Railway Finance Corporation Ltd. | 1.65% | 1.62% | -0.03% |
| Small Industries Devp. Bank of India Ltd. | 2.02% | 1.99% | -0.03% |
| Sona BLW Precision Forgings Ltd. | 0.57% | 0.60% | +0.03% |
| Gokaldas Exports Ltd. | 0.58% | 0.55% | -0.03% |
| Ajanta Pharma Ltd. | 0.75% | 0.78% | +0.03% |
| Ultratech Cement Ltd. | 0.69% | 0.66% | -0.03% |
| LG Electronics India Ltd. | 0.12% | 0.14% | +0.02% |
| Ujjivan Small Finance Bank Ltd. | 0.58% | 0.56% | -0.02% |
| FSN E-Commerce Ventures Ltd. | 0.43% | 0.45% | +0.02% |
| Titan Company Ltd. | 0.52% | 0.54% | +0.02% |
| NTPC Ltd. | 0.31% | 0.29% | -0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.42% | 0.40% | -0.02% |
| HCL Technologies Ltd. | 0.48% | 0.46% | -0.02% |
| Mphasis Ltd. | 0.49% | 0.51% | +0.02% |
| Power Grid Corporation Of India Ltd. | 1.21% | 1.20% | -0.01% |
| Torrent Pharmaceuticals Ltd. | 0.84% | 0.83% | -0.01% |
| REC Ltd. | 0.82% | 0.81% | -0.01% |
| Oil India Ltd. | 0.34% | 0.35% | +0.01% |
| Amber Enterprises India Ltd. | 0.41% | 0.42% | +0.01% |
| Punjab National Bank | 1.94% | 1.95% | +0.01% |
| Power Finance Corporation Ltd. | 0.81% | 0.80% | -0.01% |
| Trent Ltd. | 0.33% | 0.32% | -0.01% |
| Swiggy Ltd. | 0.69% | 0.68% | -0.01% |
| Dr. Lal Pathlabs Ltd. | 1.00% | 1.01% | +0.01% |
| Nippon Life India Asset Management Ltd. | 0.77% | 0.78% | +0.01% |
| The Phoenix Mills Ltd. | 0.76% | 0.77% | +0.01% |
| Aditya Birla Capital Ltd. | 0.72% | 0.72% | 0.00% |
| Bank Of Baroda | 0.78% | 0.78% | 0.00% |
| DOMS Industries Ltd. | 0.51% | 0.51% | 0.00% |
| Gabriel India Ltd. | 1.80% | 1.80% | 0.00% |
| National Bank For Agriculture & Rural Development | 1.21% | 1.21% | 0.00% |
| Infosys Ltd. | 1.39% | 1.39% | 0.00% |
| Canara Bank | 1.32% | 1.32% | 0.00% |
| Wockhardt Ltd. | 0.16% | 0.16% | 0.00% |
| Persistent Systems Ltd. | 0.24% | 0.24% | 0.00% |
| TVS Motor Company Ltd - Pref. Shares | 0.02% | 0.02% | 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 | ₹39,803 Cr | 1.98% | 0.3% | 5.2% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.8% | 3.3% | 10.5% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 1.2% | 6.7% | 9.4% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 4.6% | 7.5% | 9.6% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 1.4% | 6.3% | 9.6% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.03% | -2.1% | 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 months4.21% absolute | ₹60,000 | ₹62,526 | 4.21% | |
| 1 year0.15% annualised | ₹1,20,000 | ₹1,20,098 | 0.08% | |
| 3 years7.11% annualised | ₹3,60,000 | ₹4,02,331 | 11.76% | |
| 5 years6.21% annualised | ₹6,00,000 | ₹7,05,109 | 17.52% |
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 ₹20.31 as on 24 Sep 2026.
What is the expense ratio of Union Balanced Advantage Fund?
The expense ratio of Union Balanced Advantage Fund is 2.56% 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 -0.3% over 1 year, 3.4% over 3 years and 6.1% 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 ₹28,513 Cr under management.