Union Balanced Advantage Fund Regular IDCW NAV today
AMFI: 142036ISIN: INF582M01DK6MUTF_IN: UNIO_BALA_ADVA_K9KYESUnion Mutual FundDynamic Asset Allocation or Balanced Advantage funds
NAV ₹17.3800
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹1,158 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 2.54%18 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- 1%if sold within 15 days
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 27.630 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 9530 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 29 Dec 2017
Union Balanced Advantage Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −3.38% | – | – | – | – |
| 1 month | −5.68% | – | 28 of 37 | −4.25% | −5.7% to −3.6% |
| 3 months | −4.43% | – | 28 of 37 | −3.70% | −4.4% to −2.9% |
| 6 months | −3.48% | – | 25 of 37 | −2.48% | −4.3% to −1.5% |
| 1 year | −6.23% | −2.65%to 30 Sep 2026 | 24 of 36 | −4.27% | −6.8% to −2.6% |
| 3 years | +5.81% | +6.04%to 30 Sep 2026 | 23 of 30 | +7.40% | +5.9% to +8.5% |
| 5 years | +5.14% | +5.96%to 30 Sep 2026 | 17 of 22 | +6.63% | +5.2% to +7.7% |
| 10 years | Needs 10 years | – | – | +8.06% | +6.7% to +9.1% |
₹10,000 put in on 5 Jan 2018 is ₹19,381 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Regular plans of Dynamic Asset Allocation or Balanced Advantage funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | −0.45% | −2.65% |
| 3 years | +6.52% | +6.04% |
| 5 years | +6.00% | +5.96% |
| Since launch | +8.25% | +8.95% |
Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2020, +22.0%; lowest year to Dec 2022, +2.5%
Union Balanced Advantage Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,14,881₹1,14,875 after stamp duty | −8.14% | −8.15% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,59,833₹3,59,815 after stamp duty | −0.03% | −0.03% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,64,425₹6,64,392 after stamp duty | +4.06% | +4.06% | ₹30 | |
| Since Jan 2018105 instalments | ₹10,50,000 | ₹14,38,871₹14,38,826 after stamp duty | +7.07% | +7.07% | ₹38 |
10 years: Launched 29 Dec 2017, needs 10 years of history.
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 5 Jan 2018 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year1,922 windows−17.4%+9.8%+61.2%93.0%
3 years1,430 windows+5.8%+10.8%+20.6%100.0%
5 years935 windows+5.1%+10.4%+16.9%100.0%
10 yearsLaunched 29 Dec 2017, needs 11 years of history
Every 3 and 5-year window ended higher than it started.From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Union Balanced Advantage Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.08 ptsA year, on 18 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.46%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.55%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 2.32%, Mar 2020.Direct plan lowest 0.63%, Aug 2022.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.95% | 1.87% |
| Brokerage | 0.08% | 0.08% |
| Transaction costs | 0.01% | 0.01% |
| Statutory levies | 0.42% | 0.58% |
Per cent of assets a year, filed for 18 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹1,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- SIP instalments, at least
- 6 instalments for all frequencies
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP dates
- Daily (only business days) for Daily frequency, any date of the month for weekly, fortnightly and monthly frequency
As listed for this plan on 24 Oct 2026.
Union Balanced Advantage Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹1,222 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 4.7%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹1,896 Cr, quarter to Sep 2022.
Assets at each month end
Highest ₹1,937 Cr, Jul 2022.Lowest ₹396 Cr, Mar 2020.
Union Balanced Advantage Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| HDFC BankBanks | Shares | Large cap2nd | 4.78% | 55.31 | 7,80,384 | – | Aug 2021or earlier |
| ICICI BankBanks | Shares | Large cap5th | 3.90% | 45.20 | 3,42,000 | – | Aug 2021or earlier |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.89% | 33.49 | 1,90,631 | – | Aug 2021or earlier |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 2.85% | 32.95 | 2,77,580 | – | Aug 2021or earlier |
| National Bank for Agriculture and Rural DevelopmentCRISIL AAA, 7.62% coupon, repaid 10 May 2029 | Bonds and bills | 2.15% | 24.85 | 25,00,00,000 | 7.85% | May 2025 | |
| Indian Railway Finance Corporation Ltd.CRISIL AAA, 7.48% coupon, repaid 16 Feb 2034 | Bonds and bills | 2.12% | 24.56 | 25,00,00,000 | 7.81% | Feb 2024 | |
| Small Industries Development Bank of IndiaCRISIL AAA, 7.39% coupon, repaid 21 Mar 2030 | Bonds and bills | 2.12% | 24.60 | 25,00,00,000 | 7.91% | Sep 2025 | |
| Punjab National BankCRISIL A1+, repaid 9 Mar 2027 | Bonds and bills | 2.10% | 24.28 | 25,00,00,000 | 6.85% | Mar 2026 | |
| Power Grid Corporation of India Ltd.CRISIL AAA, 7.12% coupon, repaid 24 Dec 2034 | Bonds and bills | 2.08% | 24.03 | 25,00,00,000 | 7.77% | Dec 2024 | |
| State Bank of IndiaBanks | Shares | Large cap4th | 2.02% | 23.39 | 2,43,806 | – | Aug 2021or earlier |
| Axis BankBanks | Shares | Large cap15th | 2.01% | 23.29 | 1,89,927 | – | Aug 2021or earlier |
| EternalRetailing | Shares | Large cap37th | 1.87% | 21.61 | 6,75,250 | – | Feb 2024 |
| Gabriel IndiaAuto Components | Shares | Small cap446th | 1.80% | 20.79 | 1,54,917 | – | Nov 2023 |
| Bajaj FinanceFinance | Shares | Large cap7th | 1.71% | 19.84 | 2,06,830 | – | Aug 2021or earlier |
| Indian Railway Finance Corporation Ltd.CRISIL AAA, 7.67% coupon, repaid 15 Dec 2033 | Bonds and bills | 1.71% | 19.85 | 20,00,00,000 | 7.81% | Dec 2023 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Patanjali Foods Ltd. 27.10.2026 | −0.64% | −7.41 | −2,03,175 |
| Eternal Ltd. 27.10.2026 | −0.44% | −5.04 | −1,57,625 |
| IndusInd Bank Ltd. 27.10.2026 | −0.44% | −5.05 | −56,000 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS | 3.83% | 44.37 |
| Net Receivable / Payable | −0.22% | −2.15 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 4.78%HDFC Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 16.57%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 27.01%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 25.25%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 61.6Taken over 96.39% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares74.26%
- Bonds and bills22.13%
- Cash and receivables3.61%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−1.52%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.1.52%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap55.90%Category 68.10%
- Mid cap16.66%Category 16.88%
- Small cap23.31%Category 13.11%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 3.07% of the fund. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.18sectors
- Financial Services25.59%Category 19.92%
- Healthcare7.41%Category 5.93%
- Automobile And Auto Components5.70%Category 4.63%
- Capital Goods5.17%Category 4.42%
- Information Technology4.16%Category 3.54%
- Oil Gas & Consumable Fuels3.20%Category 3.68%
- Construction3.11%Category 1.64%
- Services2.91%Category 1.51%
- Telecommunication2.89%Category 2.53%
- Power2.30%Category 1.51%
- Fast Moving Consumer Goods2.24%Category 3.14%
- Chemicals1.99%Category 1.38%
- Consumer Services1.74%Category 3.61%
- Realty1.41%Category 0.58%
- Consumer Durables1.06%Category 1.74%
- Construction Materials0.68%Category 0.88%
- Metals & Mining0.66%Category 1.91%
- Textiles0.52%Category 0.24%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds. Category average. The sector's weight, less the futures sold on it, averaged over the 38 Dynamic Asset Allocation or Balanced Advantage funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services19 companies | 25.59% | 25.37% | 22.24% | 21.15% | 20.32% | 20.74% | 20.57% | 23.92% | 23.74% | 22.54% | 21.42% | 20.10% | |
| Healthcare10 companies | 7.41% | 7.03% | 8.11% | 6.54% | 2.85% | 3.73% | 4.42% | 4.33% | 3.87% | 4.18% | 4.31% | 4.21% | |
| Automobile And Auto Components5 companies | 5.70% | 6.38% | 5.34% | 4.27% | 3.80% | 5.30% | 5.82% | 5.99% | 5.82% | 5.98% | 5.06% | 5.22% | |
| Capital Goods7 companies | 5.17% | 5.84% | 4.46% | 5.34% | 4.93% | 4.33% | 3.84% | 3.94% | 3.17% | 3.07% | 2.81% | 2.57% | |
| Information Technology7 companies | 4.16% | 3.24% | 3.29% | 2.74% | 3.89% | 3.86% | 3.60% | 3.90% | 5.36% | 4.92% | 4.91% | 4.81% | |
| Oil Gas & Consumable Fuels2 companies | 3.20% | 3.61% | 3.69% | 3.61% | 3.82% | 4.07% | 4.94% | 4.65% | 4.67% | 4.58% | 4.50% | 4.30% | |
| Construction3 companies | 3.11% | 3.31% | 2.68% | 3.19% | 3.01% | 1.90% | 1.70% | 2.82% | 2.58% | 2.50% | 2.47% | 2.47% | |
| Services4 companies | 2.91% | 2.76% | 1.98% | 2.60% | 0.62% | 0.00% | 0.00% | −0.01% | 0.00% | 0.00% | −0.01% | 0.00% | |
| Telecommunication1 company | 2.89% | 2.79% | 3.71% | 2.70% | 2.70% | 2.73% | 2.69% | 2.59% | 2.72% | 2.81% | 2.75% | 2.69% | |
| Power3 companies | 2.30% | 2.11% | 2.31% | 2.39% | 2.20% | 2.21% | 1.91% | 1.93% | 1.30% | 1.22% | 1.22% | 1.27% | |
| Fast Moving Consumer Goods4 companies | 2.24% | 2.69% | 2.83% | 3.12% | 3.36% | 2.42% | 2.37% | 2.23% | 2.28% | 3.45% | 3.41% | 4.04% | |
| Chemicals3 companies | 1.99% | 2.03% | 2.36% | 2.33% | 2.96% | 2.32% | 2.11% | 2.08% | 2.08% | 1.96% | 2.01% | 1.95% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.51%Lines stating a yield: 85.25% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 4.95%Regular plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 273days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 253days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 344days
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign1.04%
- AAA16.72%
Loans of under a year
- A1+4.37%
Other
- Overnight lending3.83%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month4.78%
- 1 to 3 months0.09%
- 3 to 6 months4.37%
- 6 to 12 monthsNone
- 1 to 3 years4.89%
- 3 to 5 years2.12%
- 5 to 10 years9.71%
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 4.89%National Bank for Agriculture and Rural Development
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 17.12%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 21.09%
Per cent of the fund's net assets. Lent outside the government: 21.09% of the fund, to 9 borrowers; the borrower is named for 100.00% of it, its group for 52.02%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 104.55% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 74.10% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 2
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 5
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 81
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 4.10%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 8.51%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Max Financial Services | Sold out | – | 0.76% | −0.76 pts | −59,817 |
| Tata Motors | Sold out | – | 0.70% | −0.70 pts | −1,84,727 |
| Dhoot Transmission | Added | 1.42% | 0.73% | +0.69 pts | +49,000 |
| Swiggy | Sold out | – | 0.68% | −0.68 pts | −3,00,000 |
| Patanjali Foods | New | 0.64% | 0.00% | +0.64 pts | +2,03,175 |
| Sona BLW Precision Forgings | Sold out | – | 0.60% | −0.60 pts | −92,000 |
| HDFC Life Insurance Company | New | 0.59% | 0.00% | +0.59 pts | +1,30,000 |
| DOMS Industries | Sold out | – | 0.51% | −0.51 pts | −28,179 |
| Larsen & Toubro | Trimmed | 1.03% | 1.54% | −0.51 pts | −15,500 |
| Eternal | Added | 1.87% | 1.37% | +0.50 pts | +1,57,625 |
| E2E Networks | New | 0.49% | 0.00% | +0.49 pts | +88,000 |
| Cyient | New | 0.48% | 0.00% | +0.48 pts | +50,000 |
| FSN E-Commerce Ventures | Sold out | – | 0.45% | −0.45 pts | −1,60,000 |
| Maruti Suzuki India | Trimmed | 0.83% | 1.28% | −0.45 pts | −3,687 |
| IndusInd Bank | New | 0.44% | 0.00% | +0.44 pts | +56,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 3 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 HDFC Bank | 5.46% | 5.58% | 5.59% | 5.42% | 5.17% | 4.66% | 4.03%Cut | 3.96% | 3.79%Cut | 4.72%Added | 4.46% | 4.78% |
 ICICI Bank | 3.35% | 3.47% | 3.41% | 3.56% | 3.61% | 3.46% | 3.48% | 3.53% | 3.80% | 3.96% | 4.01% | 3.90% |
 Bharti Airtel | 3.50% | 3.59% | 3.66% | 3.54% | 3.32%Cut | 3.45% | 3.50% | 3.46% | 2.70%Cut | 3.71%Added | 2.79%Cut | 2.89% |
 Reliance Industries | 3.90% | 4.12% | 4.20% | 3.87% | 3.85% | 4.07% | 4.16% | 3.91% | 3.77% | 2.93%Cut | 2.86% | 2.85% |
| National Bank for Agriculture and Rural Development | 1.86% | 1.87% | 1.89% | 1.94% | 1.94% | 2.10% | 2.01% | 2.04% | 2.04% | 2.03% | 2.01% | 2.15% |
| Indian Railway Finance Corporation Ltd. | 1.86% | 1.88% | 1.89% | 1.94% | 1.93% | 2.08% | 1.99% | 2.02% | 2.04% | 2.03% | 2.00% | 2.12% |
| Small Industries Development Bank of India | 1.85% | 1.86% | 1.88% | 1.93% | 1.93% | 2.09% | 1.99% | 2.02% | 2.03% | 2.02% | 1.99% | 2.12% |
| Punjab National Bank | – | – | – | – | – | 1.96%Bought | 1.90% | 1.94% | 1.93% | 1.94% | 1.95% | 2.10% |
| Power Grid Corporation of India Ltd. | 1.83% | 1.84% | 1.86% | 1.89% | 1.90% | 2.04% | 1.95% | 1.98% | 2.01% | 2.00% | 1.96% | 2.08% |
 State Bank of India | 2.01% | 2.10% | 2.15% | 2.44% | 2.71% | 2.42% | 2.53% | 2.33% | 2.45% | 3.04%Added | 2.08%Cut | 2.02% |
 Axis Bank | 1.19% | 1.23% | 1.25% | 1.39% | 1.40% | 1.69%Added | 1.77% | 1.83% | 1.44%Cut | 1.74%Added | 1.99%Added | 2.01% |
 Eternal | 2.19% | 2.07% | 1.60%Cut | 1.63% | 1.43%Cut | 1.46% | 1.36%Cut | 1.40% | 1.45%Cut | 1.26%Cut | 1.37% | 1.87%Added |
 Gabriel India | 1.24% | 1.00% | 1.00% | 0.96% | 1.02% | 1.07%Added | 1.28% | 1.40% | 1.55% | 1.80% | 1.80% | 1.80% |
 Bajaj Finance | 1.57% | 1.57% | 1.52% | 1.48% | 1.58% | 1.84%Added | 2.07% | 2.04% | 2.22% | 1.91%Cut | 1.76% | 1.71% |
| Indian Railway Finance Corporation Ltd. | 1.51% | 1.52% | 1.53% | 1.57% | 1.57% | 1.68% | 1.61% | 1.64% | 1.65% | 1.65% | 1.62% | 1.71% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 617.0% in Sep 2024
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Dynamic Asset Allocation or Balanced Advantage funds (30 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.9.16%
6.91%Lowest9.60%Average16.39%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.6.16%
3.89%Lowest6.17%Average10.93%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.09
−0.25Lowest0.20Average0.46Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.12
−0.32Lowest0.28Average0.65Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −9.06% | 18 Feb 2026 | 30 Mar 2026 | 5 Aug 2026 |
| 3 and 5 years | −9.16% | 23 Sep 2024 | 28 Feb 2025 | 26 Jun 2025 |
| Since Jan 2018 | −23.77% | 17 Jan 2020 | 23 Mar 2020 | 2 Jul 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2023 to Aug 202635 months | Very High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Sep 20231 month | High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Jun 2023 to Aug 20233 months | Very High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Feb 2023 to May 20234 months | Moderately High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Sep 2022 to Jan 20235 months | Moderate | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Aug 20221 month | Moderately High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Jul 20221 month | Very High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Apr 2022 to Jun 20223 months | Moderately High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Union Balanced Advantage Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Sanjay Bembalkarcomanage | Jan 2023 | +7.54%a year | – | – | 91.6% | 74.5% | 11 | ₹10,216 Cr |
| Gaurav Chopracomanage | Nov 2024 | +1.78%a year | – | – | 26.7% | 31.5% | 9 | ₹8,421 Cr |
| Parijat Agrawalcomanage | Dec 2017 | +8.25%a year | – | – | – | – | 9 | ₹8,645 Cr |
| Vishal Thakkercomanage | Oct 2025 | −0.57%a year | – | – | 11.5% | 17.5% | 3 | ₹1,433 Cr |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Union Flexi Cap FundSanjay Bembalkar | Jan 2023 | +12.32%a year | – | – | ₹2,320 Cr |
| Union Multicap FundSanjay Bembalkar | Dec 2022 | +15.74%a year | +14.01% | +1.73 pts | ₹1,516 Cr |
| Union Innovation & Opportunities FundSanjay Bembalkar | Sep 2023 | +15.37%a year | +9.07% | +6.31 pts | ₹1,307 Cr |
| Union Multi Asset Allocation FundSanjay Bembalkar | Sep 2024 | +8.18%a year | – | – | ₹989 Cr |
| Union ELSS Tax Saver FundSanjay Bembalkar | Jun 2021 | +11.19%a year | – | – | ₹821 Cr |
| Union Aggressive Hybrid FundSanjay Bembalkar | Jan 2023 | +10.58%a year | – | – | ₹727 Cr |
| Union Active Momentum FundSanjay Bembalkar | Dec 2024 | −1.33%a year | +0.65% | −1.98 pts | ₹543 Cr |
| Union Largecap FundSanjay Bembalkar | Jun 2021 | +7.97%a year | – | – | ₹408 Cr |
| Union Consumption FundSanjay Bembalkar | Dec 2025 | −4.20%over 294 days | −8.97% | +4.77 pts | ₹314 Cr |
| Union Equity Savings FundSanjay Bembalkar | Jan 2023 | +6.88%a year | – | – | ₹114 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Axis Balanced Advantage FundAxis Mutual Fund | 36.28% | 43 |
| PGIM India Balanced Advantage FundPGIM India Mutual Fund | 36.21% | 31 |
| Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | 34.11% | 34 |
| Nippon India Balanced Advantage FundNippon India Mutual Fund | 33.79% | 28 |
| Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund | 33.64% | 22 |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 33.51% | 40 |
| HSBC Balanced Advantage FundHSBC Mutual Fund | 33.12% | 25 |
| UTI Balanced Advantage FundUTI Mutual Fund | 32.45% | 23 |
| Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund | 32.36% | 32 |
| Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund | 32.18% | 22 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Union Aggressive Hybrid FundUnion Mutual Fund | 58.88% |
| Union Multi Asset Allocation FundUnion Mutual Fund | 57.64% |
| Union Equity Savings FundUnion Mutual Fund | 45.60% |
| Union Arbitrage FundUnion Mutual Fund | 28.23% |
As the fund house states it, for Sep 2026.
Union Balanced Advantage Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.17 a unit, Sep 2026.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 8 Oct 2026 | ₹0.11 | 0.62% | ₹17.8600 | ₹17.8700 |
| 4 Sep 2026 | ₹0.17 | 0.90% | ₹18.7900 | ₹18.6000 |
| 11 Aug 2026 | ₹0.17 | 0.89% | ₹19.0600 | ₹18.9300 |
| 16 Jul 2026 | ₹0.17 | 0.90% | ₹18.9600 | ₹18.8600 |
| 19 Jun 2026 | ₹0.17 | 0.90% | ₹18.9700 | ₹18.8700 |
| 8 May 2026 | ₹0.17 | 0.89% | ₹19.0100 | ₹18.6900 |
| 22 Apr 2026 | ₹0.17 | 0.88% | ₹19.2500 | ₹18.9500 |
| 26 Feb 2026 | ₹0.17 | 0.86% | ₹19.8800 | ₹19.5500 |
| 28 Jan 2026 | ₹0.17 | 0.87% | ₹19.5900 | ₹19.4400 |
| 29 Dec 2025 | ₹0.17 | 0.85% | ₹20.0500 | ₹19.8700 |
| 26 Nov 2025 | ₹0.17 | 0.83% | ₹20.4600 | ₹20.2800 |
| 28 Oct 2025 | ₹0.17 | 0.83% | ₹20.5900 | ₹20.4700 |
All 13 payouts since 30 Sep 2025.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2021
- 31 DecBenchmarkBenchmark: BSE Sensex 50 TRI(65.00), CRISIL Composite Bond Index(35.00) to NIFTY 50 Hybrid Composite Debt 50:50 Index
Fund details
Objective
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.
Asset allocation
- Equity and Equity related instruments*: 65%- 100% 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.
* Out of which, Equity Derivatives: 0% - 45% of net assets;
Type of scheme
An open ended dynamic asset allocation fund investing in debt and equity instruments only.
- Stated category
- Dynamic Asset Allocation/Balanced Advantage
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI) # #Benchmark
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High Risk Note: The above was the risk level at the time of introduction of 6 risk level riskometer in accordance with Sebi circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020.
- New fund offer
- 7 Dec 2017 to 21 Dec 2017
- Units first allotted
- 29 Dec 2017
- Open for sale again
- 5 Jan 2018
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 142038 | INF582M01DE9 | UNIO_BALA_ADVA_W1V5JP | 5 Jan 2018 | |
| Regular Growth | 142035 | INF582M01DI0 | UNIO_BALA_ADVA_1G9MIRG | 5 Jan 2018 | |
| Direct IDCW | 142037 | INF582M01DG4 | INF582M01DF6 | UNIO_BALA_ADVA_1MLS54F | 5 Jan 2018 |
| Regular IDCW | 142036 | INF582M01DK6 | INF582M01DJ8 | UNIO_BALA_ADVA_K9KYES | 5 Jan 2018 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- September 2026 (opens in a new tab)Union Mutual Fund, Sep 2026
Statement of additional information
- SAI Union Mutual Fund (opens in a new tab)Union Mutual Fund, Oct 2026
Annual report
- Debt including Fixed Maturity Plan (FMP) Abridged Report - Annual Report - FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
- Annual Report - FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure Of Risk-O-Meter Levels FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - 30Sep2026 (opens in a new tab)Union Mutual Fund, Sep 2026