Union Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 14-06-2024

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Fund Overview Growth | Direct Plan

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Fund Objective

To achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available. However, there can be no assurance that the Investment Objective of the scheme will be achieved.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Union Balanced Advantage Fund - Direct Plan - Growth Option 4.11 5.63 20.54 11.21 13.21 11.54
BSE SENSEX - TRI 5.65 5.87 23.36 14.98 15.70 13.76
NIFTY 50 Hybrid Composite Debt 50:50 Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Union Balanced Advantage Fund - Direct Plan - Growth Option Dec 29, 2017 Unrated 20.54 11.21 13.21 0.92 1,594.75
Kotak Balanced Advantage Fund - Direct Plan -Growth Option Aug 03, 2018 Unrated 21.37 12.72 13.51 0.51 15,830.08
Tata Balanced Advantage Fund-Direct Plan-Growth Jan 28, 2019 23.01 14.24 14.92 0.36 9,275.70
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 25.24 13.66 13.59 0.55 8,042.99
Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option Nov 14, 2018 28.17 16.08 17.60 0.72 3,833.86
Bandhan Balanced Advantage Fund Direct Plan Growth Oct 10, 2014 Unrated 20.59 11.35 12.30 0.63 2,216.86

Fund Holdings as on 31-May-2024

  • TREPS

  • 91 Day Treasury Bills

  • Reliance Industries Ltd.

  • ICICI Bank Ltd.

  • 91 Day Treasury Bills

  • HDFC Bank Ltd.

  • 91 Day Treasury Bills

  • State Bank of India

  • Bharti Airtel Ltd.

  • Infosys Ltd.

  • Jindal Steel & Power Ltd.

  • NTPC Ltd.

  • Larsen & Toubro Ltd.

  • Bharat Electronics Ltd.

  • Maruti Suzuki India Ltd.

  • Axis Bank Ltd.

  • Indian Railway Finance Corporation Ltd.**

  • State Bank of India( Tier II Bond under Basel III )**

  • Tata Consultancy Services Ltd.

  • Indian Railway Finance Corporation Ltd.**

  • Net Receivable / Payable

  • Tata Power Company Ltd.

  • Hindalco Industries Ltd.

  • TVS Motor Company Ltd.

  • Varun Beverages Ltd.

  • ABB India Ltd.

  • REC Ltd.**

  • ITC Ltd.

  • Hindustan Aeronautics Ltd.

  • Power Grid Corporation of India Ltd.**

  • National Bank for Agriculture and Rural Development**

  • Vodafone Idea Ltd.

  • Tata Motors Ltd. - DVR

  • Cipla Ltd.

  • Oil & Natural Gas Corporation Ltd.

  • DLF Ltd.

  • CG Power and Industrial Solutions Ltd.

  • Adani Ports and Special Economic Zone Ltd.

  • PB Fintech Ltd.

  • The Phoenix Mills Ltd.

  • Godrej Properties Ltd.

  • REC Ltd.**

  • Techno Electric & Engineering Company Ltd.

  • Tata Steel Ltd.

  • Coal India Ltd.

  • Small Industries Development Bank of India

  • IndusInd Bank Ltd.

  • Power Grid Corporation of India Ltd.

  • Samvardhana Motherson International Ltd.

  • Prestige Estates Projects Ltd.

  • United Spirits Ltd.

  • SBI Life Insurance Co. Ltd.

  • Jindal Stainless Ltd.

  • JSW Energy Ltd.

  • Shriram Finance Ltd.

  • Mahindra & Mahindra Ltd.

  • Ashok Leyland Ltd.

  • Jio Financial Services Ltd.

  • Vedanta Ltd.

  • Oil India Ltd.

  • Zomato Ltd.

  • Ajanta Pharma Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • Polycab India Ltd.

  • Max Healthcare Institute Ltd.

  • Dixon Technologies (India) Ltd.

  • Escorts Kubota Ltd.

  • Tech Mahindra Ltd.

  • HCL Technologies Ltd.

  • Bajaj Finance Ltd.

  • Canara Bank

  • Cummins India Ltd.

  • Ethos Ltd.

  • REC Ltd.

  • HDFC Asset Management Co. Ltd.

  • Bharat Petroleum Corporation Ltd.

  • Finolex Industries Ltd.

  • C.E.Info Systems Ltd.

  • Hindustan Unilever Ltd.

  • Gabriel India Ltd.

  • Max Financial Services Ltd.

  • Central Depository Services (I) Ltd.

  • Kfin Technologies Ltd.

  • Indian Oil Corporation Ltd.

  • Adani Enterprises Ltd.

  • Gokaldas Exports Ltd.

  • Carborundum Universal Ltd.

  • Blue Star Ltd.

  • Tata Communications Ltd.

  • Electronics Mart India Ltd.

  • Punjab National Bank

  • Hitachi Energy India Ltd.

  • Titan Company Ltd.

  • Power Finance Corporation Ltd.

  • KSB Ltd.

  • Wonderla Holidays Ltd.

  • 182 Day Treasury Bills

  • Glenmark Life Sciences Ltd.

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  • Miscellaneous

  • Bank - Private

  • Refineries

  • IT - Software

  • Power Generation/Distribution

  • Telecommunication - Service Provider

  • Bank - Public

  • Construction - Real Estate

  • Engineering - Construction

  • Automobiles - Passenger Cars

  • Steel/Sponge Iron/Pig Iron

  • Electric Equipment

  • Engineering - Industrial Equipments

  • Pharmaceuticals & Drugs

  • Metal - Non Ferrous

  • Finance - NBFC

  • Oil Exploration

  • Steel & Iron Products

  • Consumer Food

  • Automobile Two & Three Wheelers

  • Auto Ancillary

  • Defence

  • Cigarettes/Tobacco

  • Port

  • Fintech

  • Retailing

  • Finance Term Lending

  • Depository Services

  • Mining & Minerals

  • Breweries & Distilleries

  • Insurance

  • Automobiles-Trucks/Lcv

  • e-Commerce

  • Cable

  • Hospital & Healthcare Services

  • Consumer Durables - Electronics

  • Automobiles-Tractors

  • Diesel Engines

  • Finance - Asset Management

  • Plastic Products

  • Household & Personal Products

  • Finance - Others

  • Trading

  • Textile

  • Abrasives

  • Air Conditioners

  • Diamond & Jewellery

  • Compressors / Pumps

  • Amusement Parks/Recreation/Club

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Fund Manager

  • [ICRA]AAA

  • Cash

  • CRISIL AAA

  • Equity

  • Rights

  • Sovereign

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About Union Balanced Advantage Fund

Scheme Analysis

Union Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to Union Mutual Fund. It was launched on 29-Dec-2017 and currently has an AUM of ₹1,594.75 crore. Union Balanced Advantage Fund is benchmarked against BSE SENSEX - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of Union Balanced Advantage Fund ended up ₹0.11(0.54%)yesterday to ₹20.36.

Among its top 3 holdings the fund has exposure to TREPS, and

The Union Balanced Advantage Fund is managed by Parijat Agrawal and Hardick Bora.

Fund House Contact

Unit 503, 5 Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

022-6748 3300
022- 6748 3400/3401/3402