Union Balanced Advantage Fund - Regular Plan - IDCW Option
(Erstwhile Union Prudence Fund)
Fund House: Union Mutual Fund| Category: Hybrid: Dynamic Asset Allocation |
| Launch Date: 21-12-2017 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index |
| TER: 2.13% As on (30-11-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 1,458.19 Cr As on 29-11-2024(Source:AMFI) |
| Turn over: - | Exit Load: Exit load of 1%, if redeemed within 15 days. |
19.52
-0.18 (-0.9221%)
10.05%
Benchmark: 11.66%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
AK Hybrid Balanced TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
6 Years 9 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 5.59 |
| Sharpe Ratio | 0.69 |
| Alpha | 0.13 |
| Beta | 0.48 |
| Yield to Maturity | 6.9 |
| Average Maturity | 2.36 |
PEER COMPARISON
Scheme Characteristics
Investment in equity/ debt that is managed dynamically.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
5.19%
Others
12.83%
Large Cap
53.48%
Mid Cap
10.74%
