FAQ : Union Balanced Advantage Fund - Regular Plan - Growth

Union Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 19.53 9.43 12.28 N/A
Average Rolling Returns(%) 11.29 12.27 10.21 N/A

The Current NAV of Union Balanced Advantage Fund - Regular Plan - Growth is ₹18.20.

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 - Regular Plan - Growth fund’s expense ratio is 2.15%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Union Balanced Advantage Fund - Regular Plan - Growth is currently ₹1,629 Crores.

The Top three stocks are Reliance Industries, HDFC Bank and ICICI Bank and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 28% of fund’s portfolio respectively.

Top three sectors of Union Balanced Advantage Fund - Regular Plan - Growth fund are Others, BFSI and Construction & Infrastructure accounting for 49% 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 - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.

Hardick Bora and Sanjay Bembalkar manage the Union Balanced Advantage Fund - Regular Plan - Growth Fund.

Union Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 38.89 and PB ratio is 7.33

The asset allocation of Union Balanced Advantage Fund - Regular Plan - Growth is Stocks : 69.72%, Debt : 30.28% and Gold : 0%

The minimum SIP amount for Union Balanced Advantage Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹1000.00

The exit load for Union Balanced Advantage Fund - Regular Plan - Growth is 1% on or before 15 days, Nil after 15 days

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