What are the 1-year returns of Union Balanced Advantage Fund Direct-Growth?
Union Balanced Advantage Fund Direct-Growth has delivered a 1-year return of 3.56% as of 6 Sep 2026. During the same period, its benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index returned -4.99%. The fund has outperformed its benchmark over this period.
What are the 3-year returns of Union Balanced Advantage Fund Direct-Growth?
Union Balanced Advantage Fund Direct-Growth has delivered a 3-year CAGR of 8.87% as of 6 Sep 2026. Its benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index returned 7.68% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Union Balanced Advantage Fund Direct-Growth?
Union Balanced Advantage Fund Direct-Growth has delivered a 5-year CAGR of 8.03% as of 6 Sep 2026. Its benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index returned 7.77% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.
What are the returns of Union Balanced Advantage Fund Direct-Growth since inception?
Since its launch on 4 Jan 2018, Union Balanced Advantage Fund Direct-Growth has delivered a CAGR of 9.80%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Union Balanced Advantage Fund Direct-Growth performed vs its category over the long term?
Over the long term, Union Balanced Advantage Fund Direct-Growth has ranked 24 out of 31 funds in the Hybrid: Dynamic Asset Allocation category on a 3-year basis, and 19 out of 23 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Union Balanced Advantage Fund Direct-Growth?
The Sharpe ratio of Union Balanced Advantage Fund Direct-Growth is 0.43 (as of 6 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Union Balanced Advantage Fund Direct-Growth?
The alpha of Union Balanced Advantage Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.
What is the beta of Union Balanced Advantage Fund Direct-Growth?
The beta of Union Balanced Advantage Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.
What are the rolling returns of Union Balanced Advantage Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Union Balanced Advantage Fund Direct-Growth is 11.35% and 12.27% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.
