Union Balanced Advantage Fund Regular Growth

+

Hybrid
Dynamic Asset Allocation
Rating 3
Plan

19.65 -0.12 (-0.61%) NAV as on 07 Oct, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)1554.42
CAGR 19.96%
Exit Load1.00%
Expense ratio2.11%
CategoryHybrid
Min Investment1000
Min SIP500
Launch Date2018-01-04

Asset Allocation

Holdings As On - 08 October 2024

Holdings

Sectors

Name
Value (Cr)
Holding %

Cash Offset For Derivatives
305.26
19.64%

Treps
84.13
5.41%

HDFC Bank
73.25
4.71%

Reliance Industries
71.35
4.59%

ICICI Bank
66.70
4.29%

91 DTB 05092024
49.97
3.21%

India (Republic of)
49.91
3.21%

91 DTB 31102024
49.47
3.18%

91 DTB 07112024
49.41
3.18%

Bharti Airtel
43.63
2.81%

Peer Comparison

Fund Name
Sundaram Balanced Advantage Growth23.19%
HSBC Balanced Advantage Fund Growth22.71%
Union Balanced Advantage Fund Regular Growth19.96%
Mirae Asset Balanced Advantage Fund Regular Growth21.09%
Canara Robeco Balanced Advantage Fund Regular Growth0%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio0.76
Std Deviation 5.79%
Tracking Error 0.00%

About Fund

To achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available. However, there is no assurance that the Investment Objective of the scheme will be achieved.

The Union Balanced Advantage Fund Regular Growth has an AUM of 1554.42 crores & has delivered CAGR of 12.85% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.11%. The minimum investment in Union Balanced Advantage Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Low & Exceptional respectively.

The top holdings of the fund include Cash Offset For Derivatives, Treps, HDFC Bank & Reliance Industries.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

Some of the similar funds are Sundaram Balanced Advantage Growth, HSBC Balanced Advantage Fund Growth, Union Balanced Advantage Fund Regular Growth, Mirae Asset Balanced Advantage Fund Regular Growth, Canara Robeco Balanced Advantage Fund Regular Growth. Union Balanced Advantage Fund Regular Growth has a sharpe ratio of 0.76 & a standard deviation of 5.79%.