Union Balanced Advantage Fund Direct – Growth is a hybrid mutual fund scheme offered by Union Mutual Fund. As of the latest data, the fund has an Asset Under Management (AUM) of ₹1,430.59 Crores, and its Net Asset Value (NAV) stands at ₹20.530.
In terms of performance, the fund has delivered a return of 6.76% over the past year, 33.75% over the last three years, and an impressive 104.69% since its inception.
Union Balanced Advantage Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | -1.58% | -1.29% |
| 3 months | -1.44% | -1.5% |
| 6 months | -1.25% | -0.26% |
| 1 year | 6.76% | 10.28% |
| 3 years | 10.13% | 12.59% |
| 5 years | 12.47% | 13.34% |
| 7 years | 11.01% | 11.09% |
Union Balanced Advantage Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Reserve Bank of India
|
Financial | T-Bills | 4.89% |
|
HDFC Bank Ltd.
|
Financial | Equity | 4.32% |
|
Reliance Industries Ltd.
|
Energy | Equity | 4.02% |
|
Reserve Bank of India
|
Financial | T-Bills | 3.48% |
|
Reserve Bank of India
|
Financial | T-Bills | 3.47% |
Sector Allocation in Union Balanced Advantage Fund
| Sector | Allocation (%) | Amount (₹ Cr) |
|---|---|---|
| Financial | 22.96% | 328.44 |
| Technology | 8.97% | 128.29 |
| Energy | 8.58% | 122.73 |
| Automobile | 7.10% | 101.59 |
| Consumer Staples | 5.21% | 74.47 |
| Others | 47.19% | 675.10 |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
