Primarily market-linked growth exposure
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.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and Equity related instruments*: 65%- 100% of net assets; * Out of which, Equity Derivatives: 0% - 45% of net assets; Debt, Money Market Instruments and other assets as permitted by SEBI: 0% - 35%. Please refer the Scheme Information Document for complete details.
- SEBI category
- Dynamic Asset Allocation/Balanced Advantage
- Fund type
- An open ended dynamic asset allocation fund investing in debt and equity instruments only.
- Primary benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI) # #Benchmark Disclaimer: The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE Indices Limited (Formerly Indian Index Services & Products Limited) (IISL). NSE Indices Limited does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in the “the Product” linked to NIFTY 50 Hybrid Composite Debt 50:50 Index or particularly in the ability of the NIFTY 50 Hybrid Composite Debt 50:50 Index, to track general stock market performance in India. Please read the full Disclaimer in relation to the NIFTY 50 Hybrid Composite Debt 50:50 Index in the Scheme Information Document.
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- FM 1 Mr. Sanjay Bembalkar, FM 2 Mr. Gaurav Chopra, FM 3 Mr. Parijat Agrawal , FM 4 Mr. Vishal Thakker
- Manager tenure on this scheme
- Since 25-01-2023 · Since 01-11-2024 · Since 29-12-2017 · Since 01-10-2025
- Role / co-management
- comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Union Balanced Advantage Fund - Direct Plan - Growth Option | ₹22.5800 | 04 Sep 2026 |
| Union Balanced Advantage Fund - Direct Plan - IDCW Option | ₹20.6800 | 04 Sep 2026 |
| Union Balanced Advantage Fund - Regular Plan - Growth Option | ₹20.6800 | 04 Sep 2026 |
| Union Balanced Advantage Fund - Regular Plan - IDCW Option | ₹18.7900 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.56%, Direct 1.46%
- Exit load
- 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Daily, Weekly, Fortnightly and Monthly STP - Daily, Weekly, Fortnightly, Monthly ,Quarterly and Half yearly SWP - Daily, Monthly ,Quarterly, Half yearly and Yearly
- Minimum SIP amount
- SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP STP - Rs. 100 for all frequencies SWP - Rs. 500 for all frequencies
- Minimum instalments
- SIP - 6 instalments for all frequencies STP - 6 instalments for all frequencies SWP - 6 instalments for all frequencies
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.