Union Balanced Advantage Fund - Regular Plan - Growth Option

Union Balanced Advantage Fund - Regular Plan - Growth Option

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Category: Hybrid: Dynamic Asset Allocation
Launch Date: 05-12-2017
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Expense Ratio: 2.1% As on (30-06-2024)
Status: Open Ended Schemes for subscription
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 1,634.61 Cr As on (30-06-2024)
Turn over:
NAV as on 18-07-2024

19.75

0.03 (0.1519%)

CAGR Since Inception

10.94%

NIFTY 50 Hybrid Composite debt 50:50 Index 11.79%

PERFORMANCE of Union Balanced Advantage Fund - Regular Plan - Growth Option

Scheme Performance (%) Data as on - 18-07-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Union Balanced Advantage Fund - Regular Plan - Growth Option 20.5 11.0 12.98 - 10.94
Benchmark - - - - -
Hybrid: Dynamic Asset Allocation 24.64 12.87 13.33 10.74 13.63

Yearly Performance (%)

Nav Movement

Fund Managers

Parijat Agrawal, Hardick Bora, Sanjay Bembalkar

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.

RETURNS CALCULATOR for Union Balanced Advantage Fund - Regular Plan - Growth Option

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of Union Balanced Advantage Fund - Regular Plan - Growth Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Union Balanced Advantage Fund - Regular Plan - Growth Option 5.59 0.6 1.03 0.75 6.91 2.17
Hybrid: Dynamic Asset Allocation - - - - - -

PEER COMPARISION of Union Balanced Advantage Fund - Regular Plan - Growth Option

Period
Data as on - 18-07-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Union Balanced Advantage Fund - Regular Plan - Growth Option 05-12-2017 20.5 16.35 11.0 12.98 0.0
Quant Dynamic Asset Allocation Fund - Growth Option - Regular Plan 12-04-2023 56.17 0.0 0.0 0.0 0.0
HDFC Balanced Advantage Fund - Growth Plan 01-02-1994 40.87 32.39 24.45 20.24 14.88
NJ Balanced Advantage Fund - Regular Plan - Growth Option 05-10-2021 31.86 22.37 0.0 0.0 0.0
Axis Balanced Advantage Fund - Regular Plan - Growth 07-08-2017 27.46 20.6 13.96 12.62 0.0
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth 30-12-2021 27.42 20.88 0.0 0.0 0.0
Invesco India Balanced Advantage Fund - Growth 04-10-2007 27.07 21.85 13.11 12.23 10.9
Shriram Balanced Advantage Fund - Regular Growth 05-07-2019 25.85 18.16 12.67 12.27 0.0
Franklin India Balanced Advantage Fund- Growth 06-09-2022 25.52 0.0 0.0 0.0 0.0
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option 05-11-2004 25.17 18.95 12.99 13.11 11.32

PORTFOLIO ANALYSIS of Union Balanced Advantage Fund - Regular Plan - Growth Option

Asset Allocation (%)

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

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BSE
Member Code: 32262
AMFI
ARN: 160300