Union Balanced Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 21.07 | 10.87 | 12.75 | N/A |
Average Rolling Returns(%) | 12.58 | 13.32 | 11.43 | N/A |
The Current NAV of Union Balanced Advantage Fund - Growth - Direct Plan is ₹19.59.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.
Union Balanced Advantage Fund - Growth - Direct Plan fund’s expense ratio is 1.19%
The process for redemption is
The AUM of Union Balanced Advantage Fund - Growth - Direct Plan is currently ₹1,609 Crores.
The Top three stocks are Reliance Industries, HDFC Bank and ICICI Bank and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 30% of fund’s portfolio respectively.
Top three sectors of Union Balanced Advantage Fund - Growth - Direct Plan fund are Others, BFSI and Construction & Infrastructure accounting for 48% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Union Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Balanced Advantage.
Hardick Bora and Sanjay Bembalkar manage the Union Balanced Advantage Fund - Growth - Direct Plan Fund.
Union Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 38.91 and PB ratio is 7.35
The asset allocation of Union Balanced Advantage Fund - Growth - Direct Plan is Stocks : 69.05%, Debt : 30.91% and Gold : 0%
The minimum SIP amount for Union Balanced Advantage Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹1000.00
The exit load for Union Balanced Advantage Fund - Growth - Direct Plan is 1% on or before 15 days, Nil after 15 days