Union Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was introduced to investors on 28 Dec 2017. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Balanced Advantage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹511 Cr and the Latest NAV as of 13 Oct 2019 is ₹11.00.
The Union Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 20% of the investment,1% will be charged for redemption within 18 months..
To achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
For units in excess of 20% of the investment,1% will be charged for redemption within 18 months.