Union Balanced Advantage Fund

Q: What are the returns of this mutual fund scheme?

The Union Balanced Advantage Fund is a 8 yrs 1 m old fund and has delivered average annual returns of 9.03% since inception. Union Balanced Advantage Fund Returns 1-Year 3-Year 5-Year Since Inception 5.94% 9.46% 7.6% 9.03%

Q: How much does this mutual fund charge as expense ratio?

The Union Balanced Advantage Fund has an expense ratio of 2.16% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹20.16-0.69% 1 day change	9.03% p.a.	App exclusive #NA View Ranked Funds	₹1,347 Cr

Historical NAV & returns

NAV: ₹20.16 as on Feb 02, 2026

This fund Category average

Union Balanced Advantage Fund overview

AUM (Fund size)	₹1,347 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	8 yrs 1 m since Dec 07, 2017
Benchmark	NIFTY 50 Hybrid Composite Debt 50:50 Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	2.16% as on Feb 02, 2026
Plan type	Regular
Risk	Very High

Union Balanced Advantage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-3.12%	-2.78%
3 Months	-2.75%	-2.21%
6 Months	0.05%	0.4%
1 Year	5.94%	5.64%
2 Years	5.71%	6.8%
3 Years	9.46%	11.19%
4 Years	7.8%	9.03%
5 Years	7.6%	9.51%
7 Years	10.11%	10.25%

Asset allocationas on Dec 31, 2025

Large Cap 49.42%

Mid Cap 8.89%

Small Cap 6.48%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.59%

Reliance Industries Ltd.4.2%

Bharti Airtel Ltd.3.66%

ICICI Bank Ltd.3.41%

Top sectors

Financial 22.849999999999998%

Automobile 6.859999999999999%

Energy 5.4%

Technology 4.46%

AAA 18.07%

Cash & Call Money 9.45%

Cash 4.84%

SOV 2.48%

Top Debt Holdings

National Bank For Agriculture & Rural Development 3.02%

Small Industries Devp. Bank of India Ltd. 3.0%

Power Grid Corporation Of India Ltd. 2.99%

GOI 2.23%

Allocation by Instruments

Bonds 11.290000000000001%

Repo 7.05%

Debenture 6.779999999999999%

Cash Margin 4.84%

Other Holdings

Others 2.4%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Balanced Advantage Fund	-3.12%	0.05%	5.94%	9.46%	7.6%	N.A.
ICICI Prudential Balanced Advantage Fund	-2.3%	3.64%	10.16%	13.1%	11.69%	11.91%
Franklin India Dynamic Asset Allocation Active FoF	-2.57%	-0.02%	5.51%	12.65%	14.0%	10.49%
Axis Balanced Advantage Fund	-2.62%	1.83%	5.74%	13.92%	10.53%	7.71%
Tata Balanced Advantage Fund	-2.85%	1.02%	5.5%	10.42%	9.73%	7.47%
DSP Dynamic Asset Allocation Fund	-1.4%	2.34%	8.1%	12.24%	8.8%	9.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Balanced Advantage Fund	6.72	0.69	0.53	0.78
ICICI Prudential Balanced Advantage Fund	5.47	0.56	1.22	1.74
Franklin India Dynamic Asset Allocation Active FoF	6.27	0.63	1.01	1.53
Axis Balanced Advantage Fund	7.26	0.73	1.06	1.73
Tata Balanced Advantage Fund	6.51	0.68	0.67	0.99
DSP Dynamic Asset Allocation Fund	5.63	0.55	1.04	2.05

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Balanced Advantage Fund	N.A.	1,347 Cr	8 yrs 1 m	2.16%
ICICI Prudential Balanced Advantage Fund	N.A.	70,535 Cr	19 yrs 2 m	1.43%
Franklin India Dynamic Asset Allocation Active FoF	N.A.	1,301 Cr	22 yrs 3 m	2.14%
Axis Balanced Advantage Fund	N.A.	3,816 Cr	8 yrs 6 m	1.91%
Tata Balanced Advantage Fund	N.A.	9,691 Cr	7 yrs	1.73%
DSP Dynamic Asset Allocation Fund	N.A.	3,709 Cr	12 yrs	1.88%

View all Dynamic Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.14 vs. 3.26 Underperformed at beating benchmark
Sharpe	0.53 vs. 3.04 Poor risk-adjusted returns
Beta	0.69 vs. 0.68 More sensitive to market's ups & downs
Standard deviation	6.72 vs. 5.55 More volatile performance

Compare Union Balanced Advantage Fund in detail with

About this fund

About Union Balanced Advantage Fund

Union Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from Union Mutual Fund. This fund has been in existence for 8 yrs 1 m, having been launched on 07/12/2017. Union Balanced Advantage Fund has ₹1,347 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Balanced Advantage Fund as of 02/02/2026 is ₹20.16. The fund has an expense ratio of 2.16%, which is higher than what most other Dynamic Asset Allocation funds charge. Currently, the fund has a 64.79% allocation to equity and 20.92% to Debt.

Union Balanced Advantage Fund returns of last 1-year are 5.68%. Since launch, it has delivered 9.04% average annual returns. The fund has doubled the money invested in it every 6 yrs.
Union Balanced Advantage Fund scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is below average.
The fund's equity portion is primarily invested in Financial, Automobile, Energy, Technology, Healthcare sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in HDFC Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., ICICI Bank Ltd., National Bank For Agriculture & Rural Development.

...

Fund AUM	1,347 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Parijat Agrawal

Mr. Agrawal is a B.Tech and MBA from IIM Bangalore. Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.

Sanjay Bembalkar

Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder. Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP

Gaurav Chopra

Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared) Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates

Vishal Thakker

Mr.Thakker has done B.Com & M.B.A Prior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.

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.

Union Mutual Fund details

No. of schemes	29 view all schemes
Total AUM	25,989 Cr as on Dec 31, 2025
Address	Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai, 400059
Email	investorcare@unionmf.com
Phone	(022) 6748 3300

More funds from Union Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Union Aggressive Hybrid Fund	N.A.	689 Cr	6.75%	11.27%
Union Equity Savings Fund	N.A.	144 Cr	4.95%	6.4%
Union Arbitrage Fund	N.A.	274 Cr	5.86%	5.67%
Union Multi Asset Allocation Fund	N.A.	837 Cr	21.89%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Union Balanced Advantage Fund?

The current Net Asset Value (NAV) of the Union Balanced Advantage Fund plan is approximately ₹20.16 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Union Balanced Advantage Fund is a 8 yrs 1 m old fund and has delivered average annual returns of 9.03% since inception.

Union Balanced Advantage Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.94%	9.46%	7.6%	9.03%

How much does this mutual fund charge as expense ratio?

The Union Balanced Advantage Fund has an expense ratio of 2.16%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Union Balanced Advantage Fund currently has assets under management (AUM) or fund size valued at approximately 1,347 Cr as on Dec 31, 2025.

What are the top stock holdings of Union Balanced Advantage Fund?

The Union Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.59%
Reliance Industries Ltd.	4.2%
Bharti Airtel Ltd.	3.66%
ICICI Bank Ltd.	3.41%
Larsen & Toubro Ltd.	2.28%
State Bank of India	2.15%
Kotak Mahindra Bank Ltd.	1.95%
Infosys Ltd.	1.84%
TVS Motor Company Ltd.	1.64%
Eternal Ltd.	1.6%

What are the top sectors Union Balanced Advantage Fund has invested in?

The Union Balanced Advantage Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	22.849999999999998%
Automobile	6.859999999999999%
Energy	5.4%
Technology	4.46%
Healthcare	4.18%
Services	4.13%
Capital Goods	3.9899999999999998%
Communication	3.66%
Consumer Staples	3.43%
Construction	3.42%

To whom does Union Balanced Advantage Fund lend to?

The top 3 debt holdings of Union Balanced Advantage Fund are as follows

Holding Name	Percentage of Portfolio
National Bank For Agriculture & Rural Development	3.02%
Small Industries Devp. Bank of India Ltd.	3.0%
Power Grid Corporation Of India Ltd.	2.99%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Union Balanced Advantage Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	18.07%
Cash & Call Money	9.45%
Cash	4.84%

What is risk level of Union Balanced Advantage Fund?

This is a Dynamic Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Union Balanced Advantage Fund?

Redeeming your investments in the Union Balanced Advantage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Dynamic Asset Allocation

#NA

Return Outperformance: This fund has generated highest return amongst Dynamic Asset Allocation funds in the last 1 Year.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Chance: This fund has generated only 10.22% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 15 days.