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Union Balanced Advantage Fund IDCW

HybridDynamic Asset Allocation Fund or Balanced Advantage Fund

Last Updated NAV Date: 09 Sep 2026

3 Year Returns

7.29%

NAV (₹)

18.4900

1 Day NAV Change

-0.54%

Union Balanced Advantage Fund IDCW is a scheme from Union Mutual Fund AMC, launched on 29 Dec 2017 and currently managing ₹ 1238.19 Cr in assets. It sits in the high risk category on the riskometer, with a minimum SIP of ₹100 and a lump sum of ₹1000. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.

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Union Balanced Advantage Fund IDCW Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 1000
AUM₹ 1238.19 Cr
Expense Ratio2.56%
Lock-in PeriodNo Lock-in Period
Inception Date29 Dec 2017
Fund Age8 Yrs

Exit Load

1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

Fund’s Investment 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 is no assurance that the Investment Objective of the scheme will be achieved.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

₹4,12,432

Invested Amount

₹3,00,000

Est. Returns

₹1,12,432

Scheme’s Historical Return

1 Month Return-1.17%
3 Month Return3.95%
6 Month Return3.64%
1 Year Return1.52%
3 Year Return7.29%
5 Year Return6.62%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Union Balanced Advantage Fund IDCW Sector Holdings

Last Updated: 31 Jul 2026
SectorsAllocationWeightageValue (in Cr.)
Banks
22.61%₹ 279.899
Others
15.49%₹ 191.842
Pharmaceuticals
7.64%₹ 94.658
Finance
7.33%₹ 90.786
Telecom-Service
5.29%₹ 65.526
IT - Software
4.68%₹ 57.985
Auto Ancillaries
4.56%₹ 56.401
E-Commerce/App based Aggregator
4.47%₹ 55.308
Refineries
4.18%₹ 51.77
Automobile
4.01%₹ 49.602

Union Balanced Advantage Fund IDCW Stock Holdings

Last Updated: 31 Jul 2026
NameAllocationWeightageValue (in Cr.)Sector
TREPS
6.63%₹ 82.072Debt Others
HDFC Bank
4.72%₹ 58.384Banks
ICICI Bank
3.96%₹ 49.091Banks
Bharti Airtel
3.71%₹ 45.947Telecom-Service
SBI
3.04%₹ 37.621Banks
Reliance Industr
2.93%₹ 36.302Refineries
N A B A R D
2.03%₹ 25.103Debt Others
I R F C
2.03%₹ 25.16Debt Others
S I D B I
2.02%₹ 25.008Debt Others
Power Grid Corpn
2.00%₹ 24.715Debt Others
…

Fund Manager Details

Over 23 years of experience in Funds Management. September 2010 till date with Union Asset Management Company Private Limited as Head - Fixed Income with overall responsibilities of Portfolio Management of Fixed Income and Hybrid Funds. October 2006 till July 2010 with SBI Mutual Fund as Head - Fixed Income with responsibilities of Portfolio Management of Fixed Income and Hybrid Funds. November 2004 till September 2006 with State Bank of Mauritius Limited with responsibilities of managing the entire Treasury functions of the Bank. December 1999 till May 2004 with SUN F&C Asset Management as Fund Manager responsible for Portfolio Management of Fixed Income and Hybrid Funds. B.E, PGDM from IIM Bangalore

Risk-O-Meter

High

Investors understand that their principal will be at high risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Union Mutual Fund

Funds Managed

32

Assets Managed

₹ 28,513.11 Cr

Contact Details

www.unionmf.com
investorcare@unionmf.com
022-67483300

Registered Address

Unit 503, 5th Floor, Leeela BusinessPark, Andheri Kurla Road,Andheri (East), Mumbai - 400059

Managing Director

Rajkiran Rai G

Chief Executive Officer

Mr. G. Pradeep Kumar

Compliance Officer

Ms. Padmaja Shirke

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from Union Balanced Advantage Fund IDCW through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for Union Balanced Advantage Fund IDCW is ₹ 1000 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
Union Balanced Advantage Fund IDCW has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of Union Balanced Advantage Fund IDCW over the past three years is 7.29%.
The current NAV of Union Balanced Advantage Fund IDCW is 18.4900.
The Expense ratio of Union Balanced Advantage Fund IDCW is 2.56%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the Union Balanced Advantage Fund IDCW fund is ₹ 1238.19 Cr. It represents the total assets held and managed by the fund.
The exit load for Union Balanced Advantage Fund IDCW is 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter..
The fund managers of the Union Balanced Advantage Fund IDCW are Parijat Agrawal, Vishal Thakker, Sanjay Bembalkar, Gaurav Chopra. However, with management's discretion, the fund manager could also change during the tenure.
Union Balanced Advantage Fund IDCW was launched on 29 Dec 2017. Since then, the fund has formed an NAV (Net Asset Value) of 18.4900.

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