Previously Known As : Union Prudence Fund
Union Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 15
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹19.76(R) +1.18% ₹21.06(D) +1.25%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 20.27% 11.07% 13.16% -% -%
LumpSum (D) 21.66% 12.48% 14.37% -% -%
SIP (R) 24.46% 15.19% 13.11% -% -%
SIP (D) 25.95% 16.55% 14.4% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.56 0.31 0.72 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
5.85% -4.71% -4.72% - 3.79%
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
HDFC Balanced Advantage Fund 1
ICICI Prudential Balanced Advantage Fund 2
Baroda BNP Paribas Balanced Advantage Fund 3
Axis Dynamic Equity Fund 4
Bank Of India Equity Debt Rebalancer Fund 5

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
Union Balanced Advantage Fund - Regular Plan - Growth Option 19.76
0.2300
1.1800%
Union Balanced Advantage Fund - Regular Plan - IDCW Option 19.76
0.2300
1.1800%
Union Balanced Advantage Fund - Direct Plan - IDCW Option 21.06
0.2600
1.2500%
Union Balanced Advantage Fund - Direct Plan - Growth Option 21.06
0.2600
1.2500%

Review Date: 26-07-2024

Union Balanced Advantage Fund has shown poor performance in the Dynamic Asset Allocation or Balanced Advantage Fund category. The fund has rank of 15 out of 20 funds in the category. The fund has delivered return of 20.27% in 1 year, 11.07% in 3 years and 13.16% in 5 years. The category average for the same periods is 23.2%, 13.14% and 13.81% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 5.85, VaR of -4.71, Average Drawdown of -2.01, Semi Deviation of 3.79 and Max Drawdown of -4.72. The category average for the same parameters is 7.43, -7.04, -2.54, 4.99 and -6.25 respectively. The fund has very low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Union Balanced Advantage Fund direct growth option would have grown to ₹12166.0 in 1 year, ₹14230.0 in 3 years and ₹19572.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Union Balanced Advantage Fund direct growth option would have grown to ₹13621.0 in 1 year, ₹45980.0 in 3 years and ₹86064.0 in 5 years as of today (26-07-2024).
  3. standard deviation of 5.85 and based on VaR one can expect to lose more than -4.71% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.56 which shows average performance of fund in the dynamic asset allocation or balanced advantage fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.33
2.55
1.49 | 4.27 16 | 24 Average
3M Return % 6.75
6.95
3.62 | 9.88 15 | 24 Average
6M Return % 10.27
11.61
8.93 | 14.87 21 | 24 Poor
1Y Return % 20.27
23.20
14.05 | 38.92 20 | 24 Poor
3Y Return % 11.07
13.14
8.21 | 24.79 15 | 19 Average
5Y Return % 13.16
13.81
10.26 | 20.97 9 | 17 Good
1Y SIP Return % 24.46
27.37
18.12 | 40.63 21 | 24 Poor
3Y SIP Return % 15.19
17.81
10.66 | 30.26 15 | 19 Average
5Y SIP Return % 13.11
15.06
9.84 | 26.49 14 | 17 Average
Standard Deviation 5.85
7.43
4.61 | 11.55 3 | 19 Very Good
Semi Deviation 3.79
4.99
3.18 | 6.85 2 | 19 Very Good
Max Drawdown % -4.72
-6.25
-10.45 | -1.47 7 | 19 Good
VaR 1 Y % -4.71
-7.04
-11.22 | -3.49 3 | 19 Very Good
Average Drawdown % -2.01
-2.54
-3.78 | -1.00 5 | 19 Very Good
Sharpe Ratio 0.56
0.71
0.14 | 1.71 13 | 19 Average
Sterling Ratio 0.72
0.81
0.46 | 1.76 13 | 19 Average
Sortino Ratio 0.31
0.39
0.08 | 1.01 13 | 19 Average
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.43 2.66 1.64 | 4.37 16 | 24
3M Return % 7.12 7.28 4.08 | 10.21 13 | 24
6M Return % 10.90 12.29 9.59 | 15.52 21 | 24
1Y Return % 21.66 24.74 14.87 | 39.78 20 | 24
3Y Return % 12.48 14.57 9.02 | 25.59 16 | 19
5Y Return % 14.37 15.16 11.07 | 21.73 11 | 17
1Y SIP Return % 25.95 28.95 18.96 | 41.52 21 | 24
3Y SIP Return % 16.55 19.23 11.45 | 31.06 17 | 19
5Y SIP Return % 14.40 16.38 10.64 | 27.26 14 | 17
Standard Deviation 5.85 7.43 4.61 | 11.55 3 | 19
Semi Deviation 3.79 4.99 3.18 | 6.85 2 | 19
Max Drawdown % -4.72 -6.25 -10.45 | -1.47 7 | 19
VaR 1 Y % -4.71 -7.04 -11.22 | -3.49 3 | 19
Average Drawdown % -2.01 -2.54 -3.78 | -1.00 5 | 19
Sharpe Ratio 0.56 0.71 0.14 | 1.71 13 | 19
Sterling Ratio 0.72 0.81 0.46 | 1.76 13 | 19
Sortino Ratio 0.31 0.39 0.08 | 1.01 13 | 19
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.18 ₹ 10,118.00 1.25 ₹ 10,125.00
1W 1.02 ₹ 10,102.00 1.06 ₹ 10,106.00
1M 2.33 ₹ 10,233.00 2.43 ₹ 10,243.00
3M 6.75 ₹ 10,675.00 7.12 ₹ 10,712.00
6M 10.27 ₹ 11,027.00 10.90 ₹ 11,090.00
1Y 20.27 ₹ 12,027.00 21.66 ₹ 12,166.00
3Y 11.07 ₹ 13,703.00 12.48 ₹ 14,230.00
5Y 13.16 ₹ 18,554.00 14.37 ₹ 19,572.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 24.46 ₹ 13,531.31 25.95 ₹ 13,621.20
3Y ₹ 36000 15.19 ₹ 45,097.24 16.55 ₹ 45,980.10
5Y ₹ 60000 13.11 ₹ 83,354.70 14.40 ₹ 86,064.42
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 19.76 21.06
25-07-2024 19.53 20.8
24-07-2024 19.53 20.81
23-07-2024 19.5 20.77
22-07-2024 19.56 20.84
19-07-2024 19.52 20.8
18-07-2024 19.75 21.03
16-07-2024 19.72 21.0
15-07-2024 19.72 21.01
12-07-2024 19.64 20.92
11-07-2024 19.6 20.87
10-07-2024 19.57 20.85
09-07-2024 19.65 20.92
08-07-2024 19.57 20.84
05-07-2024 19.59 20.86
04-07-2024 19.56 20.83
03-07-2024 19.53 20.79
02-07-2024 19.43 20.69
01-07-2024 19.46 20.72
28-06-2024 19.38 20.63
27-06-2024 19.36 20.61
26-06-2024 19.31 20.56

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.