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Union Balanced Advantage Fund - Regular Plan - Growth Option

(Erstwhile Union Prudence Fund)
Fund House: Union Mutual Fund
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 21-12-2017
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Expense Ratio: 2.07% As on (30-06-2022)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 1,935.78 Cr As on (31-07-2022)
Turn over: - | Exit Load: 1% for redemption within 15 days
NAV as on 16-08-2022

15.29

0.06 (0.3924%)

CAGR Since Inception

9.59%

NIFTY 50 TRI 13.96%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available.

Current Asset Allocation (%)

Indicators

Volatility
Sharp Ratio 0.54
Alpha 1.45
Beta 0.66
Yield to Maturity 5.44
Average Maturity 0.85

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
Union Balanced Advantage Fund - Regular Plan - Growth Option 21-12-2017 4.37 13.16 12.85 - -
HDFC Balanced Advantage Fund - Growth Plan 15-09-2000 16.65 29.88 17.3 12.39 13.72
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN GROWTH 14-03-2014 14.84 13.16 10.87 4.87 -
ICICI Prudential Balanced Advantage Fund - Growth 01-12-2006 8.94 17.04 13.6 10.12 12.92
Tata Balanced Advantage Fund-Regular Plan-Growth 05-01-2019 6.75 15.84 13.62 - -
Sundaram Balanced Advantage Fund (Formerly Known as Principal Balanced Advantage Fund) - Growth Option 02-01-2013 6.13 10.42 8.84 6.19 9.64
Shriram Balanced Advantage Fund - Regular Growth 05-07-2019 6.01 12.27 10.53 - -
Baroda BNP Paribas Balanced Advantage Fund-Regular Plan -Growth Option 04-11-2018 5.95 16.27 16.33 - -
Kotak Balanced Advantage Fund -Regular Plan - Growth Option 05-07-2018 5.86 13.34 12.32 - -
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option 05-11-2004 5.55 16.38 12.0 8.68 12.5

Scheme Characteristics

Investment in equity/ debt that is managed dynamically.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

32.51%

Large Cap

66.06%

Mid Cap

1.43%

Scheme Documents

Fact Sheet for the month of June 2022

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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