August 18, 2025
RA Jainee
Union Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 21.6800
NAV IDCW: Rs 21.6800
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
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 Manager:
1) Sanjay Bembalkar
Education: Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience: 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
2) Gaurav Chopra
Education: Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)
Experience: 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
3) Parijat Agrawal
Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Union Balanced Advantage Fund
| Fund House | Union Mutual Fund |
| Launch Date | 29-Dec-17 |
| Return Since Launch | 10.67% |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,372 Cr |
| (As on 31-Jul-2025) | |
| Expense | 0.99% |
| (As on 31-Jul-2025) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 396.00% |
Trailing Returns (%) of Union Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Balanced Advantage Dir | 3.53 | 0.09 | -0.73 | 1.83 | 8.02 | 4.03 | 10.95 | 12.27 | 11.25 | — |
| VR Dynamic Asset TRI | 2.90 | 0.39 | -1.63 | 1.80 | 7.59 | 2.40 | 12.56 | 14.96 | 11.44 | — |
| Hybrid: Dynamic Asset Allocation | 2.76 | 0.07 | -1.03 | 1.57 | 7.49 | 3.99 | 12.89 | 14.15 | 11.12 | — |
| Rank within category | 12 | 14 | 11 | 12 | 14 | 24 | 24 | 15 | 9 | — |
| Number of funds in category | 37 | 38 | 38 | 38 | 37 | 37 | 28 | 22 | 17 | 10 |
Peer Comparison of Union Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Union Balanced Advantage Dir | 3 star | 4.03 | 10.95 | 12.27 | 0.99 | 1,372 | 10.67 | 1.00 (15) | 7Y 7M | 396.00 |
| HDFC Balanced Advantage Dir | 5 star | 3.04 | 19.50 | 23.78 | 0.74 | 1,01,773 | 15.59 | 1.00 (365) | 12Y 7M | 24.22 |
| ICICI Pru Balanced Advantage Dir | 4 star | 7.10 | 13.41 | 15.08 | 0.86 | 64,964 | 13.09 | 1.00 (365) | 12Y 7M | 34.00 |
| SBI Balanced Advantage Dir | 5 star | 5.07 | 14.46 | — | 0.72 | 36,558 | 12.29 | 1.00 (365) | 3Y 11M | 25.00 |
| Kotak Balanced Advantage Dir | 4 star | 5.90 | 12.61 | 13.36 | 0.56 | 17,537 | 11.93 | 1.00 (180) | 7Y | 209.37 |
Portfolio Analysis of Union Balanced Advantage Fund
| No. of Stocks | 81 |
| Top 10 Holdings | 32.65% |
| Top 5 Stocks | 22.56% |
| Top 3 Sectors | 31.34% |
| Portfolio P/B Ratio | 3.84 |
| Portfolio P/E Ratio | 27.12 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,70,369 | 2,51,769 |
| Giant (%) | 65.41 | 63.25 |
| Large (%) | 18.26 | 19.82 |
| Mid (%) | 13.17 | 12.99 |
| Small (%) | 3.16 | 4.14 |
| Tiny (%) | — | 0.43 |
| Fund | Category | |
| Number of Securities | 124 | 122 |
| Macaulay Duration (yrs) | 3.79 | 3.48 |
| Average Maturity (yrs) | 5.09 | 5.58 |
| Yield to Maturity (%) | 6.35 | 6.58 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Union Balanced Advantage Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Apply Online: https://unionmf.com/investorlogin/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
Quicklinks