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Unrated

Union Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.62 -0.18 0.35 -0.26 1.43 6.30 11.10 -- -- -- --
VR Balanced TRI -0.13 -0.41 0.15 -1.46 2.09 8.94 13.18 -- -- -- --
Hybrid: Dynamic Asset Allocation 1.41 -0.26 -0.02 0.40 2.47 7.36 9.97 -- -- -- --
Rank within category 19 9 6 20 19 16 12 -- -- -- --
Number of funds in category 23 24 24 24 23 23 21 14 11 7 6

As on 14-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.51 (19-Sep-2019 - 26-Sep-2019) -1.88 (01-Oct-2018 - 08-Oct-2018)
Month 4.52 (23-Mar-2018 - 23-Apr-2018) -3.12 (07-Sep-2018 - 08-Oct-2018)
Quarter 7.11 (19-Sep-2019 - 19-Dec-2019) -2.94 (27-Jul-2018 - 26-Oct-2018)
Year 12.07 (30-Oct-2018 - 30-Oct-2019) 1.40 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 11.92 10.21 0.61 0.95 -- --
Hybrid: Dynamic Asset Allocation* 7.59 6.42 0.29 0.51 0.52 -1.34
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Top 10 Holdings (%) 45.40
Top 5 Holdings (%) 28.38
Top 3 Sectors (%) 35.47
Portfolio P/B Ratio 3.17
Portfolio P/E Ratio 24.15

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.98% National Bank Agr. Rur. Devp 19/09/2022 Debenture AAA 0.00 - 5.29 5.29
equal 7.60% HDFC 26/06/2020 Debenture AAA 4.52 - 5.27 5.27
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 3.24 3.24
equal 7.27% Nat. Highways Authority 2022 Debenture AAA 2.71 - 3.20 3.20
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 2.71 - 3.19 3.19
equal HDFC Bank 365-D Fixed Deposits -- 0.00 - 4.86 2.20
equal 7.07% Reliance Industries 24/12/2020 Bonds/Debentures AAA 1.96 - 4.88 2.11
equal HDFC Bank 276-D Fixed Deposits -- 0.00 - 1.10 1.10
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.92 - 1.09 1.09
new ICICI Bank 187-D Fixed Deposits -- 0.00 - 0.42 0.42
equal Reserve Bank of India 182-D 20/02/2020 Treasury Bills SOV 0.00 - 0.31 0.31
new ICICI Bank 185-D Fixed Deposits -- 0.00 - 0.21 0.21

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.37 7.95 1.63 7.78
equal Reliance Industries Energy 21.61 5.97 0.80 5.62
up ICICI Bank Financial 36.96 4.42 0.00 4.42
equal HDFC Financial 18.63 4.50 0.00 3.67
equal Infosys Technology 20.56 4.33 0.00 3.57
down Tata Consultancy Services Technology 25.50 3.57 0.00 3.34
equal Hindustan Unilever FMCG 71.61 3.08 0.00 3.08
equal Axis Bank Financial 43.49 2.87 0.00 2.26
equal Bajaj Finance Financial 52.70 2.15 0.00 2.15
equal Maruti Suzuki India Automobile 33.73 3.40 0.78 1.95
equal Larsen & Toubro Construction 18.40 3.17 1.23 1.90
down Sun Pharmaceutical Inds. Healthcare 24.51 2.45 0.86 1.38
equal Asian Paints Chemicals 66.43 1.70 0.00 1.36
new SBI Life Insurance Company Financial 67.67 1.36 0.00 1.36
down Bharti Airtel Communication -- 3.11 0.43 1.35
new ICICI Lombard General Insurance Financial 53.33 1.35 0.00 1.35
equal Nestle India FMCG 81.14 1.59 0.00 1.34
equal Adani Power Engineering -- 3.10 0.00 1.33
equal State Bank of India Financial 23.87 2.05 0.00 1.32
equal Adani Enterprises Services 20.42 1.27 0.00 1.10
equal ITC FMCG 16.80 4.31 0.00 1.06
equal Bajaj Auto Automobile 16.90 1.06 0.00 1.06
equal Grasim Industries Construction 11.95 0.96 0.00 0.96
equal Power Grid Corporation Energy 6.18 1.34 0.00 0.92
equal Torrent Pharmaceuticals Healthcare 64.95 0.90 0.00 0.88

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Anshul Mishra since 07-Dec-2017

Education: Mr. Mishra is a B.E (Mechanical Engineering), CFA and PGDM (Finance & Marketing)

Experience: Prior to joining Union Mutual Fund, he has worked with IDBI AMC - Fund Manager - Equity, AVP - Equity Dealer and Research, ING Investment Management (India) Private Limited (April 2008 - May 2011) and as Manager - Investments (Equity) Treasury, IDBI Bank Ltd. (May 2005 -March 2008)

— Hardick Bora since 28-Jun-2018

Education: Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.

Experience: He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.

Funds Managed:

— Parijat Agrawal since 07-Dec-2017

Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.

Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.

Funds Managed:


-0.18%

Change from previous, NAV as on 14-Feb-2020

Growth: ₹ 11.3100

Dividend: ₹ 11.3100


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 20% of the investment,1% will be charged for redemption within 540 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 29-Dec-2017
Return Since Launch: 5.95%
Benchmark: S&P BSE Sensex 50 TRI (65), CRISIL Composite Bond (35)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 477 Cr (As on 31-Jan-2020)
Expense: 2.57% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone: 022-67483300 / 1800-200-2268

Fax: 022-67483400/3401/3402

Email: [email protected]

Website: www.unionmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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