October 19, 2026
mayank
Union Balanced Advantage Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 21.92 |
| NAV IDCW (Rs.) | 19.80 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark |
NIFTY 50 Hybrid Composite Debt 50:50 Index
|
| AUM Rs. | 1,158 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.94% |
| 1 Year Return (%) | -1.13 |
| 3 Year Return (%) | 7.71 |
| 5 Year Return (%) | 6.98 |
| 10 Year Return (%) | — |
| Return Since Launch | 10.67% |
Suitable For Which Investors?
Dynamic Asset Allocation funds are suitable for investors:
1. Looking to invest in a portfolio of equity and debt for moderate returns
2. Who prefer to let fund manager decide how much to invest in equity and in debt
3. Aiming for long-term wealth creation
4. With a 5+ year investment horizon
5. Who are new/unfamiliar with market’s ups and downs
Note:
• Invest only through SIP
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.
4) Vishal Thakker
Education: Mr.Thakker has done B.Com & M.B.A
Experience: Prior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.
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 | 1,158 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.94% |
| (As on 30-Sep-2026) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 56.00% |
Union Balanced Advantage Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Balanced Advantage Dir | -2.19 | 0.14 | -0.36 | -2.01 | 0.64 | -1.13 | 7.71 | 6.98 | 10.29 | — |
| Hybrid: Dynamic Asset Allocation | -2.06 | 0.39 | -0.71 | -1.99 | 0.68 | -0.65 | 8.69 | 8.29 | 11.00 | — |
| Rank within category | 24 | 35 | 10 | 22 | 22 | 23 | 24 | 18 | 13 | — |
| Number of funds in category | 41 | 44 | 42 | 42 | 42 | 40 | 32 | 24 | 20 | 12 |
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 | 2 out of 5 stars | -1.13 | 7.71 | 6.98 | 0.94 | 1,158 | 9.33 | 1.00 (15) | 8Y 9M | 56.00 |
| HDFC Balanced Advantage Dir | 5 out of 5 stars | -2.81 | 10.21 | 12.57 | 0.64 | 1,02,534 | 14.14 | 1.00 (365) | 13Y 9M | 11.07 |
| ICICI Pru Balanced Advantage Dir | 5 out of 5 stars | 1.40 | 10.32 | 9.79 | 0.71 | 71,913 | 12.29 | 1.00 (365) | 13Y 9M | 217.00 |
| SBI Balanced Advantage Dir | 4 out of 5 stars | 0.03 | 9.17 | 9.46 | 0.60 | 40,545 | 9.85 | 1.00 (365) | 5Y 1M | 16.00 |
| ABSL Balanced Advantage Dir | 4 out of 5 stars | 4.27 | 11.18 | 9.55 | 0.59 | 9,836 | 11.77 | 0.25 (7) | 13Y 9M | 166.00 |
Union Balanced Advantage Fund Portfolio Analysis
| No. of Stocks | 78 |
| Top 10 Holdings | 27.01% |
| Top 5 Stocks | 16.57% |
| Top 3 Sectors | 44.67% |
| Portfolio P/B Ratio | 3.46 |
| Portfolio P/E Ratio | 28.48 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,53,475 | 2,02,939 |
| Large (%) | 56.30 | 68.02 |
| Mid (%) | 17.60 | 17.66 |
| Small (%) | 26.10 | 14.33 |
| Fund | Category | |
| Number of Securities | 98 | 111 |
| Macaulay Duration (yrs) | 2.84 | 3.82 |
| Average Maturity (yrs) | 3.63 | 6.87 |
| Yield to Maturity (%) | 7.13 | 7.43 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.unionmf.com/investorlogin/
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