I have been using cleartax for investment from last 3 years ! Very effective and easy to use !
Union Balanced Advantage Fund Direct Growth
4Direct
3 yr CAGR
+11.51%
4Direct
3 yr CAGR
+11.51%
Fund overview
Net Asset Value
₹14.99
AUM (Fund size)
1,831.85 Crore
Lock-in period
No Lock-in
Exit Load
1% in 15 days
Expense ratio
0.64%
Risk
Moderate
Start your investment
Lumpsum
SIP
SIP+ NEW
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.16 Lakhs ₹
Min investment of ₹2,000 required
Top holdings
| Holdings | Weightage |
|---|---|
| Cash Offset For Derivatives | 32.19% |
| Treps | 11.67% |
| 5.63% Govt Stock 2026 | 5.03% |
| Reliance Industries Ltd | 4.91% |
| ICICI Bank Ltd | 4.03% |
| HDFC Bank Ltd | 4.01% |
| 5.22% Govt Stock 2025 | 3.98% |
| Infosys Ltd | 3.24% |
| Kotak Mahindra Bank Ltd | 2.58% |
| Tata Consultancy Services Ltd | 2.38% |
Calculate returns
Monthly (SIP)
One-Time
₹
yrs
₹4,000 invested monthly becomes ₹0 in a period of 20 years
Top Sectors
Related Funds
| Fund | NAV | 3yr Returns | Risk |
|---|---|---|---|
| 53.45 | 11.5% | High Risk | |
| 37.23 | 14.17% | Very High Risk | |
| 14.44 | 7.98% | Moderately High risk | |
| 127.86 | 9.98% | High Risk | |
| 14.62 | 11.07% | Moderately High risk | |
| 76.66 | 10.73% | Moderately High risk | |
| 33.12 | 8.36% | Moderately High risk | |
| 20.77 | 9.04% | Moderately High risk | |
| 15.23 | 6.22% | Very High Risk |
About Union Asset Management Co. Pvt. Ltd.
Union Mutual Fund, the investment wing of Union Bank of India, is one of the key drivers of the asset management sector in India for over a decade. The vision of the company is to provide opportunities to investors so that they can achieve sustainable prosperity by investing responsibly in the capital markets.The AMC was set up on December 30, 2009, with the aim to formulate a robust asset management portfolio in India. They already had access to the extensive client base of Union Bank of India, which they capitalised on extensively.
Managers | Parijat Agrawal, Vinay Paharia, Hardick Bora |
Custodians | SBI-SG Global Securities Services Private Limited |
Address | Union Asset Management Co. Pvt. Ltd. Unit 802, 8th Floor, Tower ‘A’, |
Fax Nos. | +91 22 24833401 |
Telephone Nos. | +91 22 24833300 |
Homepage | www.unionkbc.com |
See what our clients have to say
Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends
I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great.
Start your investment
Lumpsum
SIP
SIP+ NEW
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.16 Lakhs ₹
Min investment of ₹2,000 required
Why Invest with ClearTax
Choose from best funds
Invest in hand-picked top performing Mutual funds
Bank graded security
Data security is our top priority. 128 Bit Bank Grade SSL. ISO 27001 DC.
Easy to invest
Sign up and start investing online within minutes.
Easy to withdraw
Withdraw anytime in 1-click with no paperwork needed
Easy to track
Track / monitor your investments 24*7 on your dashboard
Instant investment proof
Get your 80C investment proof instantly and submit to HR.
3 easy steps to complete your investment
Complete the entire investment process in just three simple steps and enjoy your returns.
Select the amount to invest
Choose from 200+ mutual funds catered for you
Enter personal details
Complete your KYC and get registered
Pay and your are done!
Checkout and see your money grow
Frequently Asked Questions
What are Balanced/Hybrid funds?
Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.
Who should invest in a Balanced/hybrid fund?
Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation
Who should invest in a Balanced/hybrid fund?
Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation
What is a lock-in period?
It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates
Is KYC necessary for BLACK?
KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.
What is a Mandate (Auto-SIP)?
A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.
