Previously Known As : Union Prudence Fund
Union Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 20
Rating
Growth Option 23-06-2025
NAV ₹19.97(R) -0.25% ₹21.51(D) -0.23%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 4.01% 11.98% 12.14% 10.37% -%
Direct 5.29% 13.32% 13.46% 11.48% -%
Benchmark
SIP (XIRR) Regular 4.69% 8.13% 9.09% 10.36% -%
Direct 5.95% 9.4% 10.41% 11.62% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.7 0.34 0.59 -0.42% 0.05
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
7.05% -8.88% -8.52% 0.93 5.03%
Fund AUM As on: 31/03/2025 1368 Cr
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Icici Prudential Balanced Advantage Fund 1
Hdfc Balanced Advantage Fund 2
Axis Balanced Advantage Fund 3
SBI Balanced Advantage Fund 4
Dsp Dynamic Asset Allocation Fund 5

NAV Date: 23-06-2025

Scheme Name NAV Rupee Change Percent Change
Union Balanced Advantage Fund - Regular Plan - Growth Option 19.97
-0.0500
-0.2500%
Union Balanced Advantage Fund - Regular Plan - IDCW Option 19.97
-0.0500
-0.2500%
Union Balanced Advantage Fund - Direct Plan - IDCW Option 21.51
-0.0500
-0.2300%
Union Balanced Advantage Fund - Direct Plan - Growth Option 21.51
-0.0500
-0.2300%

Review Date: 23-06-2025

Beginning of Analysis

In the Dynamic Asset Allocation or Balanced Advantage Fund category, Union Balanced Advantage Fund is the 20th ranked fund. The category has total 24 funds. The 2 star rating shows a poor past performance of the Union Balanced Advantage Fund in Dynamic Asset Allocation or Balanced Advantage Fund. The fund has a Jensen Alpha of -0.42% which is lower than the category average of 0.19%, reflecting poor performance. The fund has a Sharpe Ratio of 0.7 which is lower than the category average of 0.85.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Dynamic Asset Allocation or Balanced Advantage Mutual Funds

Union Balanced Advantage Fund Return Analysis

  • The fund has given a return of 0.47%, 3.91 and 2.72 in last one, three and six months respectively. In the same period the category average return was 0.71%, 4.59% and 2.79% respectively.
  • Union Balanced Advantage Fund has given a return of 5.29% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 6.26%.
  • The fund has given a return of 13.32% in last three years and ranked 21.0st out of 24 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 15.82%.
  • The fund has given a return of 13.46% in last five years and ranked 11th out of 18 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 14.86%.
  • The fund has given a SIP return of 5.95% in last one year whereas category average SIP return is 6.37%. The fund one year return rank in the category is 25th in 34 funds
  • The fund has SIP return of 9.4% in last three years and ranks 22nd in 24 funds. Hdfc Balanced Advantage Fund has given the highest SIP return (17.0%) in the category in last three years.
  • The fund has SIP return of 10.41% in last five years whereas category average SIP return is 12.46%.

Union Balanced Advantage Fund Risk Analysis

  • The fund has a standard deviation of 7.05 and semi deviation of 5.03. The category average standard deviation is 8.28 and semi deviation is 6.02.
  • The fund has a Value at Risk (VaR) of -8.88 and a maximum drawdown of -8.52. The category average VaR is -9.71 and the maximum drawdown is -9.54. The fund has a beta of 0.93 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Very Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.35
    0.59
    		-0.21 | 2.04 23 | 34 Average
    3M Return % 3.58
    4.26
    		0.58 | 7.54 26 | 34 Average
    6M Return % 2.10
    2.15
    		-8.74 | 5.99 24 | 34 Average
    1Y Return % 4.01
    4.92
    		-8.43 | 9.56 25 | 34 Average
    3Y Return % 11.98
    14.37
    		10.52 | 23.34 21 | 24 Poor
    5Y Return % 12.14
    13.47
    		8.39 | 24.07 11 | 18 Average
    7Y Return % 10.37
    10.18
    		6.73 | 16.20 6 | 13 Good
    1Y SIP Return % 4.69
    5.05
    		-9.78 | 10.15 25 | 34 Average
    3Y SIP Return % 8.13
    9.99
    		3.07 | 16.28 22 | 24 Poor
    5Y SIP Return % 9.09
    11.11
    		5.66 | 20.02 15 | 18 Average
    7Y SIP Return % 10.36
    11.47
    		6.77 | 19.09 8 | 13 Good
    Standard Deviation 7.05
    8.28
    		5.74 | 14.25 6 | 24 Very Good
    Semi Deviation 5.03
    6.02
    		4.21 | 10.65 5 | 24 Very Good
    Max Drawdown % -8.52
    -9.54
    		-25.84 | -4.53 11 | 24 Good
    VaR 1 Y % -8.88
    -9.71
    		-22.27 | -4.57 11 | 24 Good
    Average Drawdown % -2.58
    -3.17
    		-5.65 | -1.90 6 | 24 Very Good
    Sharpe Ratio 0.70
    0.85
    		0.27 | 1.53 19 | 24 Poor
    Sterling Ratio 0.59
    0.69
    		0.27 | 1.12 19 | 24 Poor
    Sortino Ratio 0.34
    0.43
    		0.14 | 0.89 18 | 24 Average
    Jensen Alpha % -0.42
    0.19
    		-5.34 | 6.56 17 | 24 Average
    Treynor Ratio 0.05
    0.07
    		0.03 | 0.12 19 | 24 Poor
    Modigliani Square Measure % 11.04
    11.57
    		5.12 | 16.98 18 | 24 Average
    Alpha % -1.28
    0.71
    		-2.93 | 9.22 21 | 24 Poor
    Return data last Updated On : June 23, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : May 30, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.47 0.71 -0.18 | 2.15 23 | 34
    3M Return % 3.91 4.59 0.95 | 7.89 26 | 34
    6M Return % 2.72 2.79 -8.16 | 6.30 25 | 34
    1Y Return % 5.29 6.26 -7.25 | 11.28 24 | 34
    3Y Return % 13.32 15.82 11.76 | 24.12 21 | 24
    5Y Return % 13.46 14.86 9.75 | 24.84 11 | 18
    7Y Return % 11.48 11.39 8.02 | 16.97 6 | 13
    1Y SIP Return % 5.95 6.37 -8.64 | 11.13 25 | 34
    3Y SIP Return % 9.40 11.36 4.40 | 17.00 22 | 24
    5Y SIP Return % 10.41 12.46 7.02 | 20.78 15 | 18
    7Y SIP Return % 11.62 12.69 8.13 | 19.83 9 | 13
    Standard Deviation 7.05 8.28 5.74 | 14.25 6 | 24
    Semi Deviation 5.03 6.02 4.21 | 10.65 5 | 24
    Max Drawdown % -8.52 -9.54 -25.84 | -4.53 11 | 24
    VaR 1 Y % -8.88 -9.71 -22.27 | -4.57 11 | 24
    Average Drawdown % -2.58 -3.17 -5.65 | -1.90 6 | 24
    Sharpe Ratio 0.70 0.85 0.27 | 1.53 19 | 24
    Sterling Ratio 0.59 0.69 0.27 | 1.12 19 | 24
    Sortino Ratio 0.34 0.43 0.14 | 0.89 18 | 24
    Jensen Alpha % -0.42 0.19 -5.34 | 6.56 17 | 24
    Treynor Ratio 0.05 0.07 0.03 | 0.12 19 | 24
    Modigliani Square Measure % 11.04 11.57 5.12 | 16.98 18 | 24
    Alpha % -1.28 0.71 -2.93 | 9.22 21 | 24
    Return data last Updated On : June 23, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : May 30, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Union Balanced Advantage Fund NAV Regular Growth Union Balanced Advantage Fund NAV Direct Growth
    23-06-2025 19.97 21.51
    20-06-2025 20.02 21.56
    19-06-2025 19.87 21.4
    18-06-2025 19.95 21.48
    17-06-2025 19.99 21.52
    16-06-2025 20.02 21.56
    13-06-2025 19.92 21.44
    12-06-2025 19.98 21.51
    11-06-2025 20.1 21.64
    10-06-2025 20.1 21.64
    09-06-2025 20.11 21.65
    06-06-2025 20.05 21.58
    05-06-2025 19.96 21.48
    04-06-2025 19.91 21.43
    03-06-2025 19.85 21.36
    02-06-2025 19.9 21.42
    30-05-2025 19.91 21.43
    29-05-2025 19.93 21.45
    28-05-2025 19.91 21.43
    27-05-2025 19.91 21.42
    26-05-2025 19.96 21.47
    23-05-2025 19.9 21.41

    Fund Launch Date: 07/Dec/2017
    Fund Category: Dynamic Asset Allocation or Balanced Advantage
    Investment Objective: The investment objective of the Scheme is 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.
    Fund Description: An Open-ended Dynamic Asset Allocation Fund
    Fund Benchmark: 65% S&P BSE 50 Index (+) 35% CRISIL Composite Bond Fund Index (Total Return Index)
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.