1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.74 | 0.40 | -0.24 | 4.93 | 5.37 | 25.98 | 13.92 | -- | -- | -- | -- |
| VR Balanced TRI | 0.08 | 0.30 | -0.21 | 5.19 | 6.02 | 27.39 | 3.94 | -- | -- | -- | -- |
| Hybrid: Dynamic Asset Allocation | 3.63 | 0.20 | 0.12 | 2.60 | 3.60 | 16.34 | 5.95 | -- | -- | -- | -- |
| Rank within category | 2 | 4 | 21 | 1 | 3 | 2 | 2 | -- | -- | -- | -- |
| Number of funds in category | 23 | 25 | 25 | 25 | 25 | 25 | 23 | 15 | 12 | 7 | 6 |
As on 21-Oct-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Union Balanced Advantage Fund - Regular Plan | Dec-17 | 13.92 | -- | -- | 2.57 | 500 | |
| ICICI Prudential Balanced Advantage Fund | Invest Now |  |
Dec-06 | 5.09 | 6.21 | 7.94 | 1.73 | 26,175 |
| DSP Dynamic Asset Allocation Fund - Regular Plan | Invest Online |  |
Feb-14 | 6.37 | 5.87 | 7.31 | 2.14 | 1,633 |
| IDFC Dynamic Equity Fund - Regular Plan | |
Oct-14 | 9.40 | 6.36 | 7.08 | 2.34 | 1,018 |
| L&T Balanced Advantage Fund | Invest Online | |
Feb-11 | 9.81 | 6.98 | 5.81 | 2.40 | 764 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 8.18 (01-Apr-2020 - 09-Apr-2020) | -11.81 (16-Mar-2020 - 23-Mar-2020) |
| Month | 17.09 (23-Mar-2020 - 22-Apr-2020) | -23.36 (20-Feb-2020 - 23-Mar-2020) |
| Quarter | 28.64 (23-Mar-2020 - 22-Jun-2020) | -23.36 (23-Dec-2019 - 23-Mar-2020) |
| Year | 15.97 (17-Sep-2019 - 16-Sep-2020) | -17.52 (22-Mar-2019 - 23-Mar-2020) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| VR Balanced TRI* | 7.52 | 17.40 | 0.14 | 0.16 | -- | -- |
| Hybrid: Dynamic Asset Allocation* | 4.39 | 11.87 | -0.06 | -0.05 | 0.62 | -2.21 |
| 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 30-Sep-2020
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| Number of Stocks | 38 |
| Top 10 Holdings (%) | 46.49 |
| Top 5 Holdings (%) | 30.94 |
| Top 3 Sectors (%) | 47.24 |
| Portfolio P/B Ratio | 3.10 |
| Portfolio P/E Ratio | 25.53 |
| Avg Credit Rating | AAA |
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| Company | Instrument | Credit Rating | 1Y Range | % Assets | |
|---|---|---|---|---|---|
|
7.27% Nat. Highways Authority 2022 | Debenture | AAA | 3.00 - 3.88 | 3.13 |
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6.59% IRFC 14/04/2023 | Debenture | AAA | 0.00 - 3.22 | 3.11 |
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6.40% National Bank Agr. Rur. Devp 31/07/2023 | Non Convertible Debenture | AAA | 0.00 - 3.11 | 3.09 |
|
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6.50% National Bank Agr. Rur. Devp 17/04/2023 | Debenture | AAA | 0.00 - 2.77 | 2.68 |
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HDFC Bank 365-D | Term Deposits | -- | 0.00 - 2.65 | 2.10 |
|
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7.93% NTPC 2022 | Non Convertible Debenture | AAA | 1.05 - 3.93 | 1.05 |
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Reserve Bank of India 182-D 19/11/2020 | Treasury Bills | SOV | 0.00 - 0.39 | 0.39 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Sep-2020
— 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:
— Vinay Paharia since 28-Jun-2018
Education: Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
Experience: Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
Interviews:
Funds Managed:
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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.
| 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 | 1% for redemption within 15 days |
| Fund House: | Union Mutual Fund |
| Launch Date: | 29-Dec-2017 |
| Return Since Launch: | 8.44% |
| Benchmark: | S&P BSE Sensex 50 TRI (65), CRISIL Composite Bond TRI (35) |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 500 Cr (As on 30-Sep-2020) |
| Expense: | 2.57% (As on 30-Sep-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
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: http://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
Friday, 23-Oct-2020
12:30 PM - 01:00 PM