Can I invest in SIP and Lumpsum in Union Balanced Advantage Fund - Direct (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Union Balanced Advantage Fund - Direct (G). Minimum lumpsum investment Union Balanced Advantage Fund - Direct (G) is ₹1,000 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Union Balanced Advantage Fund - Direct (G) Direct Growth?

The latest NAV (Net Asset Value) of Union Balanced Advantage Fund - Direct (G) is Union Balanced Advantage Fund - Direct (G) is ₹21.01 as on 2025-01-01.

Which are the biggest stock holdings of Union Balanced Advantage Fund - Direct (G)?

The 5 biggest stock holdings of Union Balanced Advantage Fund - Direct (G) are: HDFC Bank (4.63%), Reliance Industr (4.19%), ICICI Bank (3.36%), Infosys (2.82%), Bharti Airtel (2.68%)

What are the top sectors Union Balanced Advantage Fund - Direct (G) invests in?

A majority of Union Balanced Advantage Fund - Direct (G) 's AUM worth ₹1,457.11 (Cr) is invested in these 3 top sectors: Debt : 28.97% Banks : 10.01% IT-Software : 8.35%

Mutual Funds
Union Balanced Advantage Fund - Direct (G)

Union Balanced Advantage Fund - Direct (G)

Dynamic Asset Allocation or Balanced Advantage

Invest Now

NAV
21.01(0.33%)
Fund Size (CR)
₹1,457.11
Expense Ratio
0.98
Scheme Type
Active Fund
Value Research

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
11.13%

Absolute Return: -1.91%

Annualized Return: 0%

Basic Details

Scheme Manager

Parijat Agrawal

Bench Mark

Nifty 50 Hybrid Composite Debt 50:50 Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	10004.78	0.05%	-	-0.06%	54/145
1 Month	29 November 2024	10009.56	0.10%	-	-0.35%	31/145
3 Month	30 September 2024	9780.58	-2.19%	-	-3.24%	44/145
6 Month	28 June 2024	10155.11	1.55%	-	2.01%	90/141
1 Year	29 December 2023	11131.77	11.32%	11.32%	13.33%	100/133
3 Year	30 December 2021	13577.45	35.77%	10.73%	12.08%	83/107
5 Year	30 December 2019	18312.94	83.13%	12.86%	12.78%	34/83
Since Inception	29 December 2017	20950.00	109.50%	11.13%	11.96%	81/143

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,30,000	134683.63	3.60%	3.60%
3 Year	3 January 2022	3,70,000	447270.88	20.88%	6.53%
5 Year	1 January 2020	6,10,000	839105.95	37.56%	6.59%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

1.76%

Standard Deviation

0.47%

Beta

0.62%

Sharpe Ratio

0.08%

Treynor's Ratio

1.31%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	4.63%	375442	67.43	Equity	Banks
Reliance Industr	4.19%	472580	61.07	Equity	Refineries
ICICI Bank	3.36%	377075	49.02	Equity	Banks
Infosys	2.82%	221044	41.07	Equity	IT - Software
Bharti Airtel	2.68%	240002	39.05	Equity	Telecomm-Service
Larsen & Toubro	1.92%	75200	28.01	Equity	Infrastructure Developers & Operators
TCS	1.83%	62294	26.60	Equity	IT - Software
United Spirits	1.44%	137293	20.99	Equity	Alcoholic Beverages
Bharat Electron	1.43%	676953	20.85	Equity	Aerospace & Defence
Jindal Steel	1.41%	227083	20.58	Equity	Steel

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Balanced Advantage Fund - Direct (G)	1457.11	0.10%	-2.19%	1.55%	11.32%	10.73%
Quant Dynamic Asset Allocation Fund-Direct (G)	1341.13	-1.56%	-7.93%	-3.14%	21.64%	-
Quant Dynamic Asset Allocation Fund-Direct (IDCW)	1341.13	-1.56%	-7.93%	-3.14%	21.63%	-
AXIS Balanced Advantage Fund - Direct (G)	2599.22	-0.40%	-2.48%	4.62%	18.99%	13.60%
AXIS Balanced Advantage Fund - Direct (IDCW)	2599.22	-0.39%	-2.44%	4.69%	18.99%	13.61%
WhiteOak Capital Balanced Advantage Fund - Dir (G)	1272.64	0.05%	-0.79%	6.11%	18.69%	-

News

Union Mutual Fund announces merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund
Union Mutual Fund has approved the merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund, with effect from 29 January 2025.
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Union MF announces change in Fund Manager of the following schemes

Union Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 09 December 2024

Change in Fund Managers of the Schemes:

Name of the Scheme	Names of the existing Fund Manager(s)/ Head-Equity/Chief Investment Officer	Names of the new Fund Manager(s)/ Head-Equity/Chief Investment Officer^
Union Small Cap Fund	Mr. Sanjay Bembalkar and Mr. Gaurav Chopra	Mr. Pratik Dharmshi and Mr. Gaurav Chopra
Union Focused Fund	Mr. Sanjay Bembalkar and Mr. Vinod Malviya	Mr. Pratik Dharmshi and Mr. Vinod Malviya
Union Retirement Fund	Mr. Sanjay Bembalkar and Mr. Vinod Malviya	Mr. Pratik Dharmshi and Mr. Vinod Malviya
Union Large & Midcap Fund	Mr. Vinod Malviya and Mr. Sanjay Bembalkar	Mr. Vinod Malviya and Mr. Pratik Dharmshi
Union Midcap Fund	Mr. Gaurav Chopra and Mr. Sanjay Bembalkar	Mr. Gaurav Chopra and Mr. Pratik Dharmshi
Union Business Cycle Fund	Mr. Harshad Patwardhan and Mr. Sanjay Bembalkar	Mr. Harshad Patwardhan and Mr. Pratik Dharmshi

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Union MF announces change in benchmark index under its scheme

Union Mutual Fund has announced change in the benchmark of Union Multi Asset Allocation Fund with effect from November 01, 2024

Change in name of Benchmark of Union Multi Asset Allocation Fund

Scheme Name	Existing Benchmark	Revised Benchmark
Union Multi Asset Allocation Fund	65% NIFTY 50 TRI + 20% CRISIL Short Term Bond Fund Index + 15% Domestic price of Gold	65% NIFTY 50 TRI + 20% NIFTY Composite Debt Index + 15% Domestic prices of Gold

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Fund House Details & Investment Objective

Date of Incorporation

7 December 2017

Total AUM (Cr)

₹1457.11

Union Balanced Advantage Fund - Direct (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 7 December 2017, this fund is managed by Parijat Agrawal. With assets under management (AUM) worth ₹1,457.11 (Cr), as of 1 January 2025, Union Balanced Advantage Fund - Direct (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 11.13% since its launch.
The current NAV of Union Balanced Advantage Fund - Direct (G) is ₹21.01, as on 1 January 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Union Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter. The fund has generated 10.73% and 12.86% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 69.41% in Equity, 29.67% in Debt and 0.92% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 28.97% in Debt, 10.01% in Banks, 8.35% in IT-Software, 5.46% in Automobiles, 4.98% in Petroleum Products

FAQs

How to Invest in Union Balanced Advantage Fund - Direct (G) Direct Growth?

Union Balanced Advantage Fund - Direct (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 11.13% since inception. Looking to invest in Union Balanced Advantage Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Balanced Advantage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Union Balanced Advantage Fund - Direct (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Union Balanced Advantage Fund - Direct (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

How much returns has Union Balanced Advantage Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, Union Balanced Advantage Fund - Direct (G) has generated annualised return of 11.32%. In the long-term, the fund has generated 10.73% and 12.86% in 3 and 5 years respectively. Since its inception, the fund has generated 11.13% returns.

What is the expense ratio of Union Balanced Advantage Fund - Direct (G) Direct Growth?

The expense ratio of Union Balanced Advantage Fund - Direct (G) Direct Growth is 0.98%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Union Balanced Advantage Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of Union Balanced Advantage Fund - Direct (G) is ₹1,457.11 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Union Balanced Advantage Fund - Direct (G) Direct Growth?

Redeeming or selling units of Union Balanced Advantage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Union Balanced Advantage Fund - Direct (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Union Balanced Advantage Fund - Direct (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).