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

Yes, you can invest both lumpsum and SIP in Union Balanced Advantage Fund - Direct (IDCW). Minimum lumpsum investment Union Balanced Advantage Fund - Direct (IDCW) 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 (IDCW) Direct Growth?

The latest NAV ( Net Asset Value ) of Union Balanced Advantage Fund - Direct (IDCW) is Union Balanced Advantage Fund - Direct (IDCW) is ₹20.32 as on 2025-04-11.

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

The 5 biggest stock holdings of Union Balanced Advantage Fund - Direct (IDCW) are: HDFC Bank (4.95%), ICICI Bank (4.17%), Reliance Industr (3.67%), Bharti Airtel (3.05%), Infosys (2.55%)

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

A majority of Union Balanced Advantage Fund - Direct (IDCW) 's AUM worth ₹1,365.41 (Cr) is invested in these 3 top sectors: Debt : 32.22% Banks : 10.52% IT-Software : 6.97%

Mutual Funds
AMC
Union Balanced Advantage Fund - Direct (IDCW)

Union Balanced Advantage Fund - Direct (IDCW)

Dynamic Asset Allocation or Balanced Advantage

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NAV
20.32(1.04%)
Fund Size (CR)
₹1,365.41
Expense Ratio
0.9
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
10.22%

Absolute Return: -0.49%

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	4 April 2025	9985.26	-0.15%	-	-0.06%	106/147
1 Month	11 March 2025	10170.17	1.70%	-	1.51%	77/145
3 Month	10 January 2025	9849.73	-1.50%	-	-2.48%	53/145
6 Month	11 October 2024	9584.91	-4.15%	-	-5.74%	66/145
1 Year	10 April 2024	10325.20	3.25%	3.25%	2.99%	83/141
3 Year	11 April 2022	13101.23	31.01%	9.41%	10.12%	69/107
5 Year	9 April 2020	19921.57	99.22%	14.75%	14.53%	40/87
Since Inception	29 December 2017	20320.00	103.20%	10.22%	9.82%	76/147

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	2 May 2024	1,20,000	118114.71	-1.57%	-1.57%
3 Year	2 May 2022	3,60,000	410100.79	13.92%	4.44%
5 Year	4 May 2020	6,00,000	765831.64	27.64%	5.00%
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

2.08%

Standard Deviation

0.52%

Beta

0.53%

Sharpe Ratio

0.02%

Treynor's Ratio

1.71%

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	4.95%	369892	67.62	Equity	Banks
ICICI Bank	4.17%	422575	56.98	Equity	Banks
Reliance Industr	3.67%	392580	50.06	Equity	Refineries
Bharti Airtel	3.05%	240002	41.60	Equity	Telecomm-Service
Infosys	2.55%	221644	34.81	Equity	IT - Software
Larsen & Toubro	1.92%	75200	26.26	Equity	Infrastructure Developers & Operators
TCS	1.65%	62294	22.46	Equity	IT - Software
Hind. Unilever	1.46%	88306	19.95	Equity	FMCG
Jindal Steel	1.37%	204583	18.66	Equity	Steel
Bajaj Finance	1.36%	20683	18.50	Equity	Finance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Balanced Advantage Fund - Direct (IDCW)	1365.41	1.70%	-1.50%	-4.15%	3.25%	9.41%
DSP Dynamic Asset Allocation Fund -Dir (G)	3216.51	1.89%	0.84%	-0.75%	11.35%	11.32%
DSP Dynamic Asset Allocation Fund -Dir (IDCW-M)	3216.51	1.89%	0.52%	-1.07%	11.00%	11.20%
UTI-Unit Linked Insurance Plan - Direct	5352.11	2.58%	0.25%	-0.76%	10.30%	7.92%
AXIS Balanced Advantage Fund - Direct (G)	2807.81	1.80%	-0.85%	-2.52%	10.23%	13.56%
AXIS Balanced Advantage Fund - Direct (IDCW)	2807.81	1.77%	-0.87%	-2.55%	10.17%	13.53%

List of Schemes under Union Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Union Multicap Fund	Equity	Very High	1.28%	0	₹1,041.99
Union Largecap Fund	Equity	Very High	-2.83%	2	₹431.77
Union Large & Midcap Fund	Equity	Very High	0.42%	2	₹807.41
Union Midcap Fund	Equity	Very High	2.35%	2	₹1,312.88
Union Small Cap Fund	Equity	Very High	-1.61%	2	₹1,444.06
Union Value Fund	Equity	Very High	1.42%	2	₹292.17
Union Focused Fund	Equity	Very High	-2.3%	3	₹389.30
Union Innovation & Opportunities Fund	Equity	Very High	4.99%	0	₹854.34
Union Business Cycle Fund	Equity	Very High	-1.74%	0	₹549.98
Union Active Momentum Fund	Equity	Very High	0%	0	₹403.72
Union ELSS Tax Saver Fund	Equity	Very High	-1.09%	3	₹860.04
Union Overnight Fund	Debt	Low	6.62%	3	₹252.95
Union Liquid Fund	Debt	Moderately Low	7.43%	5	₹3,206.36
Union Money Market Fund	Debt	Moderately Low	7.77%	1	₹167.35
Union Short Duration Fund	Debt	Moderate	0%	0	₹542.68
Union Dynamic Bond Fund	Debt	Moderate	10.35%	1	₹77.84
Union Corporate Bond Fund	Debt	Moderate	9.32%	2	₹319.94
Union Gilt Fund	Debt	Moderate	10.7%	2	₹128.97
Union Aggressive Hybrid Fund	Hybrid	Very High	2.5%	2	₹618.56
Union Balanced Advantage Fund	Hybrid	High	3.25%	3	₹1,365.41
Union Multi Asset Allocation Fund	Hybrid	Very High	0%	0	₹793.82
Union Arbitrage Fund	Hybrid	Low	7.68%	2	₹302.61
Union Equity Savings Fund	Hybrid	Moderate	4.09%	2	₹135.91
Union Retirement Fund	Solution Oriented	Very High	1.13%	0	₹154.84
Union Children's Fund	Solution Oriented	Very High	3.25%	0	₹61.87
Union Gold ETF Fund of Fund	Other	High	0%	0	₹56.90
Union FMP - Series 13	Debt	Moderately Low	8.01%	0	₹25.64
Union Flexi Cap Fund	Equity	Very High	-0.32%	3	₹2,158.70

News

Union Short Duration Fund announces Extension of NFO period
Union Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

Name of the Scheme Existing closing date of NFO Revised closing date of NFO

Union Short Duration Fund 28 January 2025 29 January 2025

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Name of the Scheme	Existing closing date of NFO	Revised closing date of NFO
Union Short Duration Fund	28 January 2025	29 January 2025

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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Fund House Details & Investment Objective

Date of Incorporation

7 December 2017

Total AUM (Cr)

₹1365.41

Union Balanced Advantage Fund - Direct (IDCW) 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 ₹1,365.41 (Cr), as of 11 April 2025, Union Balanced Advantage Fund - Direct (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.22% since its launch.
The current NAV of Union Balanced Advantage Fund - Direct (IDCW) is ₹20.32, as on 11 April 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Union Balanced Advantage Fund - Direct (IDCW) 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 9.41% and 14.75% 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 67.80% in Equity, 30.32% in Debt and 1.88% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 32.22% in Debt, 10.52% in Banks, 6.97% in IT-Software, 5.55% in Automobiles, 4.74% in Telecom-Services

FAQs

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

Union Balanced Advantage Fund - Direct (IDCW) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 10.22% since inception. Looking to invest in Union Balanced Advantage Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Balanced Advantage Fund - Direct (IDCW) 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 on Mutual Funds, Delivery & IPO.
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 (IDCW)
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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

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

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

In the short term, i.e., 1 year, Union Balanced Advantage Fund - Direct (IDCW) has generated annualised return of 3.25%. In the long-term, the fund has generated 9.41% and 14.75% in 3 and 5 years respectively. Since its inception, the fund has generated 10.22% returns.

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

The expense ratio of Union Balanced Advantage Fund - Direct (IDCW) Direct Growth is 0.90%. 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 (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Union Balanced Advantage Fund - Direct (IDCW) is ₹1,365.41 (Cr) as of 2025-04-11 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 (IDCW) Direct Growth?

Redeeming or selling units of Union Balanced Advantage Fund - Direct (IDCW) 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 (IDCW):

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 (IDCW)).
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).