Union Balanced Advantage Fund
Union Mutual Fund · Balanced Advantage · Regular plan, growth option
NAV (₹), 1 Oct 2026
19.9200
1-day change
-0.50%
1Y return
-1.5%
3Y CAGR
6.4%
5Y CAGR
5.9%
Max drawdown, 5Y
−9.2%
NAV history month-end NAV, ₹ · 5 Jan 2018 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.7% | -3.9% |
| 3 months | -2.6% | -2.7% |
| 6 months | 3.9% | 4.0% |
| Year to date | -3.7% | -3.2% |
| 1 year | -1.5% | -0.8% |
| 3 years (CAGR) | 6.4% | 7.5% |
| 5 years (CAGR) | 5.9% | 7.1% |
| 7 years (CAGR) | 9.0% | 9.3% |
| 10 years (CAGR) | n/a | 8.3% |
| Since first NAV (CAGR) | 8.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.5% | 7.5% |
| 3Y rolling median | 10.7% | 11.0% |
| 3Y rolling worst | 6.3% | 5.1% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 10.7% | 10.5% |
| 5Y rolling worst | 5.9% | 2.7% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 9.1% | 9.2% |
| Sharpe ratio | 0.03 | 0.17 |
| Sortino ratio | 0.04 | 0.25 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −23.8% | −16.4% |
| Maximum drawdown, last 10Y | n/a | −26.0% |
| Maximum drawdown, last 5Y | −9.2% | −10.3% |
| Current drawdown | −4.5% | −5.5% |
| Recovery time of worst fall | 101 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2023 (median 22.1)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.54% a year and the Direct plan's 1.46%, a gap of 1.08%; over the last 3 years the Direct plan returned 1.24 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹23,19,439.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.56% to 2.54% (AMFI TER disclosure)
- 28 Sep 2026: TER reduced from 2.57% to 2.56% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 2.56% to 2.57% (AMFI TER disclosure)
- 18 Sep 2026: TER reduced from 2.58% to 2.56% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 2.56% to 2.58% (AMFI TER disclosure)
- 4 Sep 2026: TER increased from 2.55% to 2.56% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Sanjay Bembalkar | comanage | 25 Jan 2023 |
| Gaurav Chopra | comanage | 1 Nov 2024 |
| Parijat Agrawal | comanage | 29 Dec 2017 |
| Vishal Thakker | comanage | 1 Oct 2025 |
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.
Stated asset allocation: 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.
Benchmark (tier 1): 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.
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: ₹1,000
Allotment date: 29 Dec 2017
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.54% | 2.31% |
| AUM, whole scheme (₹ crore) | 1,158 | 2,109 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -0.4% | -2.7% TRI |
| Return, 3 years (AMFI) | 6.5% | 6.0% TRI |
| Return, 5 years (AMFI) | 6.0% | 6.0% TRI |
| Month-ends above category median (3Y CAGR) | 43% | 48% median |
| Month-ends in category top quartile (3Y) | 20% | 11% median |
| 7Y rolling CAGR, median (monthly windows) | 10.0% | 10.0% median |
Official benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -3.7% | n/a | – |
| 2025 | 5.8% | n/a | – |
| 2024 | 10.0% | n/a | – |
| 2023 | 15.5% | n/a | – |
| 2022 | 2.5% | n/a | – |
| 2021 | 9.4% | n/a | – |
| 2020 | 22.0% | n/a | – |
| 2019 | 10.0% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,17,690 | -3.5% |
| 3 years | ₹3,60,000 | ₹3,71,141 | 2.0% |
| 5 years | ₹6,00,000 | ₹6,84,865 | 5.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Union Mutual Fund
Category: Balanced Advantage
Plan / option: Regular · Growth
AMFI scheme code: 142035
ISIN: INF582M01DI0
First NAV in MFIC data: 5 Jan 2018
History: 8.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Canara Robeco Balanced Advantage Fund | Balanced Advantage | 0.98 | n/a |
| Union Equity Savings Fund | Equity Savings | 0.98 | 6.0% |
| Kotak Balanced Advantage Fund | Balanced Advantage | 0.97 | 7.5% |
| Tata Balanced Advantage Fund | Balanced Advantage | 0.97 | 5.9% |
| Nippon India Balanced Advantage Fund | Balanced Advantage | 0.97 | 8.4% |
| Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | Balanced Advantage | 0.97 | 5.9% |
Questions about Union Balanced Advantage Fund
- What is the latest NAV of Union Balanced Advantage Fund?
- The NAV of the Regular plan (growth option) was ₹19.9200 on 1 Oct 2026, as published by AMFI.
- Which category is Union Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Regular plans).
- What returns has Union Balanced Advantage Fund delivered?
- Over one year the NAV changed by -1.5%. The 3-year CAGR is 6.4% (category median 7.5%) and the 5-year CAGR is 5.9% (category median 7.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 10.7%, the lowest was 6.3%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Union Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 23.8%; within the last five years it was 9.2% (category median 10.3%).
- How volatile is Union Balanced Advantage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 9.1%, which is below the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in Union Balanced Advantage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,84,865 on 1 Oct 2026, an annualised return (XIRR) of 5.2%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Union Balanced Advantage Fund?
- The total expense ratio of the Regular plan is 2.54% a year, as disclosed to AMFI (median of Balanced Advantage Regular plans: 2.31%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Union Balanced Advantage Fund?
- Assets under management of the whole scheme were ₹1,158 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Union Balanced Advantage Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Union Balanced Advantage Fund and how has it compared?
- Its official benchmark is the NIFTY 50 Hybrid Composite Debt 50:50 Index. Over 3 years AMFI reports a return of 6.5% for this plan against 6.0% for the benchmark total return index; over 5 years 6.0% against 6.0%. Past performance does not indicate future results.
- How often has Union Balanced Advantage Fund beaten its category?
- At 43% of the 69 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Regular plans); it was in the top quarter at 20% of them. A typical scheme would show about 50%.
- Who manages Union Balanced Advantage Fund?
- According to its Scheme Summary Document, Union Balanced Advantage Fund is managed by Sanjay Bembalkar (since 25 Jan 2023), Gaurav Chopra (since 1 Nov 2024), Parijat Agrawal (since 29 Dec 2017), Vishal Thakker (since 1 Oct 2025).
- What is the exit load of Union Balanced Advantage Fund?
- As stated in its scheme documents: 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Union Balanced Advantage Fund?
- The minimum application amount is ₹1,000. SIP details: 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.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -0.4% and the Regular plan's by -1.5%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.