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Unrated

Union Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 0.31 Lakh

Analyst's Choice?

Suitability:

NA

Taxability of earnings:

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 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 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 10.39 0.98 5.18 10.93 -- -- --
VR Balanced TRI 11.73 1.73 7.83 12.51 -- -- --
Hybrid: Dynamic Asset Allocation 7.64 0.78 4.99 8.35 -- -- --
Rank within category 5 8 10 5 -- -- --
Number of funds in category 20 23 23 20 14 11 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 4.62 (23-Mar-2018 - 23-Apr-2018) -3.10 (07-Sep-2018 - 08-Oct-2018)
Quarter 5.92 (01-Mar-2019 - 03-Jun-2019) -2.83 (27-Jul-2018 - 26-Oct-2018)
Year 12.80 (30-Oct-2018 - 30-Oct-2019) 2.20 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 13.17 10.29 0.72 1.14 -- --
Hybrid: Dynamic Asset Allocation* 9.09 6.72 0.50 0.87 0.55 -0.73
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-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Holdings (%) 43.58
Top 5 Holdings (%) 27.50
Top 3 Sectors (%) 34.90
Portfolio P/B Ratio 2.93
Portfolio P/E Ratio 25.30

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 - 5.12 5.12
equal 7.60% HDFC 26/06/2020 Debenture AAA 4.52 - 5.10 5.10
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 3.16 3.16
equal 7.27% Nat. Highways Authority 2022 Debenture AAA 2.71 - 3.11 3.11
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 2.71 - 3.10 3.10
equal 7.07% Reliance Industries 24/12/2020 Bonds/Debentures AAA 1.96 - 4.88 2.05
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.92 - 1.05 1.05
equal HDFC Bank 92-D Fixed Deposits 0.00 - 0.61 0.61
equal ICICI Bank 92-D Fixed Deposits 0.00 - 0.41 0.41
equal Reserve Bank of India 364-D 12/12/2019 Treasury Bills SOV 0.00 - 0.24 0.24
equal Reserve Bank of India 182-D 12/12/2019 Treasury Bills SOV 0.00 - 0.13 0.13
new HPCL Futures 0.00 - -0.05 -0.05
new Exide Industries Futures 0.00 - -0.19 -0.21
new Hindustan Unilever Futures 0.00 - -0.25 -0.25
new Tata Global Beverages Futures 0.00 - -0.01 -0.27
new Tata Consultancy Services Futures 0.00 - -0.29 -0.29
new ACC Futures 0.00 - -0.29 -0.30
new DLF Futures 0.00 - -0.30 -0.30
new United Spirits Futures 0.00 - -0.03 -0.32
new Asian Paints Futures 0.00 - -0.06 -0.40
new Bajaj Finance Futures 0.00 - -0.40 -0.42
new HCL Technologies Futures 0.00 - -0.24 -0.47
new United Breweries Futures 0.00 - -0.52 -0.57
new Reliance Industries Futures 0.00 - -0.42 -0.66
new Vedanta Futures 0.00 - -0.19 -0.67

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
up HDFC Bank Financial 29.57 7.51 1.63 7.51
up Reliance Industries Energy 23.90 5.97 0.80 5.97
up ICICI Bank Financial 67.66 3.79 0.00 3.79
up HDFC Financial 33.50 4.50 0.00 3.38
up Tata Consultancy Services Technology 23.99 3.48 0.00 3.33
up Infosys Technology 19.54 4.33 0.00 3.10
up Kotak Mahindra Bank Financial 39.32 2.65 0.00 2.65
up ITC FMCG 21.38 4.31 0.00 2.63
up Axis Bank Financial 47.71 2.87 0.00 2.22
up Maruti Suzuki India Automobile 35.88 3.40 0.78 1.98
up Bajaj Finance Financial 49.61 1.94 0.00 1.94
up Sun Pharmaceutical Inds. Healthcare 24.31 2.45 0.86 1.81
down Larsen & Toubro Construction 19.37 3.17 1.23 1.79
down Bharti Airtel Communication 3.11 0.43 1.55
up Hindustan Unilever FMCG 65.92 1.46 0.00 1.46
down State Bank of India Financial 29.35 2.05 0.00 1.37
equal Adani Power Engineering 3.10 0.00 1.34
up Asian Paints Chemicals 64.65 1.70 0.00 1.25
down Nestle India FMCG 75.07 1.59 0.00 1.22
up Bajaj Auto Automobile 18.11 1.03 0.00 1.02
equal Adani Enterprises Services 22.73 1.27 0.00 0.99
equal Grasim Industries Construction 11.87 0.93 0.00 0.93
up Power Grid Corporation Energy 6.24 1.34 0.00 0.92
up Torrent Pharmaceuticals Healthcare 56.99 0.90 0.00 0.83
equal Jindal Steel & Power Metals 3.87 0.00 0.81

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 30-Nov-2019

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)

Funds Managed:

— 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:


0.44%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 11.3700

Dividend: ₹ 11.3700


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
Benchmark: S&P BSE Sensex 50 TRI (65), CRISIL Composite Bond (35)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 493 Cr (As on 30-Nov-2019)
Expense: 1.81% (As on 30-Nov-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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM