Union Aggressive Hybrid Fund vs Union Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Union Aggressive Hybrid Fund is an Aggressive Hybrid fund and Union Balanced Advantage Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, Union Aggressive Hybrid Fund (Direct) returned 10.3% a year and Union Balanced Advantage Fund (Direct) returned 7.8% a year. Union Aggressive Hybrid Fund charges 1.59% a year and Union Balanced Advantage Fund 1.47% (Direct plans). Their portfolios overlap 58.8%: they hold 67 of the same securities.
Union Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 10.3%
- Expense ratio
- 1.59%
- NAV
- ₹19.18
Union Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 7.8%
- Expense ratio
- 1.47%
- NAV
- ₹21.67
Which is better, Union Aggressive Hybrid or Union Balanced Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Union Aggressive Hybrid returned more over 5 years: 8.3% a year against 7.0%.
- Union Aggressive Hybrid returned more over 3 years: 10.3% a year against 7.8%.
- Union Balanced Advantage costs less: 1.47% a year against 1.59% (Direct plans).
- Union Balanced Advantage swung less over 3 years: a standard deviation of 8.6% a year against 10.7%.
- Union Balanced Advantage fell less in its worst fall since 28-12-2020: −8.9% against −15.1%.
- Union Balanced Advantage is the larger fund: ₹1,158 Cr against ₹727 Cr.
- Their portfolios overlap 58.8%: 67 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Union Aggressive Hybrid Fund | Union Balanced Advantage Fund |
|---|---|---|
| Fund house | Union Mutual Fund | Union Mutual Fund |
| Category | Aggressive Hybrid | Balanced Advantage |
| AUM | ₹727 Cr (30-09-2026) | ₹1,158 Cr (30-09-2026) |
| NAV | ₹19.18 (Direct) | ₹21.67 (Direct) |
| Expense ratio (Direct) | 1.59% | 1.47% |
| Expense ratio (Regular) | 2.79% | 2.56% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI) # #Benchmark Disclaimer: The “Product” offered by “the issuer” is not s |
| Launch date | 18-12-2020 | 29-12-2017 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sanjay Bembalkar, Vinod Malviya, Parijat Agrawal | Sanjay Bembalkar, Gaurav Chopra, Parijat Agrawal, Vishal Thakker |
| Exit load | Exit load of 1% if redeemed within 15 days. | Exit load of 1%, if redeemed within 15 days. |
Union Aggressive Hybrid vs Union Balanced Advantage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Union Aggressive Hybrid Fund (Direct) | −0.62% | −2.89% | +1.11% | −1.89% | +10.28% | +8.26% | -- |
| Union Balanced Advantage Fund (Direct) | −0.91% | −3.00% | −0.32% | −3.39% | +7.80% | +6.95% | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
Category average: the average of the 29 Aggressive Hybrid funds and the 38 Balanced Advantage funds, same plan type.
Union Aggressive Hybrid vs Union Balanced Advantage: Year-wise Returns
| Year | Aggressive HybridUnion Aggressive Hybrid | Balanced AdvantageUnion Balanced Advantage |
|---|---|---|
| 2026to date | −1.84% | −3.30% |
| 2025 | +6.89% | +7.02% |
| 2024 | +15.70% | +11.26% |
| 2023 | +21.26% | +16.97% |
| 2022 | +0.46% | +3.94% |
| 2021 | +28.29% | +10.65% |
Union Aggressive Hybrid vs Union Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 699 of them, one for each trading day from 28-12-2023 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Union Aggressive Hybrid Fund (Direct)
Union Balanced Advantage Fund (Direct)
to
Mar 2024Sept 2021
to
Sept 2024Mar 2022
to
Mar 2025Aug 2022
to
Aug 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Union Aggressive Hybrid | 0.0 | 0.0 | 3.1 | 69.8 | 27.0 | 0.0 | 0.0 | 13.7% | 13.9% | 9.2% | 18.4% |
| Union Balanced Advantage | 0.0 | 0.0 | 29.5 | 70.5 | 0.0 | 0.0 | 0.0 | 10.7% | 10.9% | 7.0% | 13.7% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 28-12-2020. Past returns do not promise future returns.
Union Aggressive Hybrid vs Union Balanced Advantage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 28-12-2020 to 30-10-2026: 71 instalments, ₹7,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Union Aggressive HybridUnion Aggressive Hybrid Fund (Direct) | ₹7,10,000 | ₹9,29,609 | ₹2,19,609 | 9.0% |
| Union Balanced AdvantageUnion Balanced Advantage Fund (Direct) | ₹7,10,000 | ₹8,64,606 | ₹1,54,606 | 6.6% |
Union Aggressive HybridUnion Aggressive Hybrid Fund (Direct)
Union Balanced AdvantageUnion Balanced Advantage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Union Aggressive Hybrid vs Union Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.89% | −3.39% |
| Standard deviation | 11.12% | 9.82% |
| Sharpe ratio | -0.64 | -0.88 |
| Sortino ratio | -0.86 | -1.16 |
| Maximum drawdown | −10.3% (30-03-2026) | −8.9% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.28% | +7.80% |
| Standard deviation | 10.67% | 8.65% |
| Sharpe ratio | 0.40 | 0.20 |
| Sortino ratio | 0.54 | 0.27 |
| Maximum drawdown | −13.7% (28-02-2025) | −8.9% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.26% | +6.95% |
| Standard deviation | 10.54% | 7.50% |
| Sharpe ratio | 0.23 | 0.15 |
| Sortino ratio | 0.31 | 0.20 |
| Maximum drawdown | −15.1% (17-06-2022) | −8.9% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Union Aggressive Hybrid Fund (Direct) | Union Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.73% | +9.13% |
| Standard deviation | 10.52% | 9.54% |
| Sharpe ratio | 0.60 | 0.40 |
| Sortino ratio | 0.82 | 0.54 |
| Maximum drawdown | −15.1% (17-06-2022) | −23.8% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-12-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Union Aggressive Hybrid Fund (Direct)
Union Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Union Aggressive Hybrid Fund (Direct) | −15.1% | 17-01-2022 | 17-06-2022 | 01-12-2022 | 5 months | −4.8% |
| Union Balanced Advantage Fund (Direct) | −8.9% | 18-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −4.7% |
From daily values since 28-12-2020, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Union Aggressive Hybrid Fund (Direct)
Union Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Union Aggressive Hybrid Fund (Direct)
Union Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Union Aggressive Hybrid Fund (Direct)
Union Balanced Advantage Fund (Direct)
Union Aggressive Hybrid vs Union Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Union Aggressive Hybrid Fund, September 2026; Union Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 58.8%
- Held by both
- 67
- Only in Union Aggressive Hybrid
- 14
- Only in Union Balanced Advantage
- 28
| Security | % of Union Aggressive Hybrid | % of Union Balanced Advantage |
|---|---|---|
| HDFC Bank Ltd. | 4.59% | 4.78% |
| ICICI Bank Ltd. | 2.94% | 3.90% |
| State Bank of India | 2.55% | 2.02% |
| Axis Bank Ltd. | 2.39% | 2.01% |
| Reliance Industries Ltd. | 1.97% | 2.85% |
| Bharti Airtel Ltd. | 1.76% | 2.89% |
| Bajaj Finance Ltd. | 1.85% | 1.71% |
| Gabriel India Ltd. | 1.48% | 1.80% |
| Engineers India Ltd. | 1.35% | 1.34% |
| Infosys Ltd. | 1.67% | 1.30% |
| Eternal Ltd. | 1.28% | 1.87% |
| Power Grid Corporation of India Ltd. | 1.34% | 1.26% |
| Dhoot Transmission Ltd. | 1.13% | 1.42% |
| Clean Max Enviro Energy Solutions Ltd. | 1.12% | 1.30% |
| RBL Bank Ltd. | 1.11% | 1.25% |
| Sai Life Sciences Ltd. | 1.09% | 1.02% |
| Larsen & Toubro Ltd. | 0.98% | 1.03% |
| PNB Housing Finance Ltd. | 1.00% | 0.97% |
| Shadowfax Technologies Ltd. | 1.12% | 0.88% |
| Bharat Heavy Electricals Ltd. | 1.47% | 0.86% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.26% | 0.85% |
| Torrent Pharmaceuticals Ltd. | 1.12% | 0.85% |
| Ajanta Pharma Ltd. | 0.86% | 0.84% |
| Tata Consumer Products Ltd. | 0.84% | 0.97% |
| Maruti Suzuki India Ltd. | 1.40% | 0.83% |
| Dr. Lal Path labs Ltd. | 0.82% | 1.12% |
| Shriram Finance Ltd. | 0.81% | 1.42% |
| Ather Energy Ltd. | 0.79% | 0.80% |
| Cummins India Ltd. | 0.79% | 0.97% |
| Hindustan Unilever Ltd. | 0.77% | 0.75% |
| Cemindia Projects Ltd. | 0.98% | 0.74% |
| Bharat Electronics Ltd. | 0.96% | 0.74% |
| One 97 Communications Ltd. | 0.76% | 0.71% |
| Manipal Health Enterprises Ltd | 1.14% | 0.70% |
| Billionbrains Garage Ventures Ltd. | 0.70% | 0.95% |
| Inventurus Knowledge Solutions Ltd. | 1.35% | 0.69% |
| 360 ONE WAM Ltd. | 0.93% | 0.69% |
| JSW Energy Ltd. | 0.78% | 0.69% |
| KRN Heat Exchanger and Refrigeration Ltd. | 0.73% | 0.69% |
| Aarti Industries Ltd. | 0.74% | 0.68% |
| Indian Railway Finance Corporation Ltd. | 0.68% | 1.71% |
| Shiprocket Ltd. | 1.01% | 0.65% |
| Divi's Laboratories Ltd. | 0.64% | 0.70% |
| HDFC Life Insurance Company Ltd. | 0.72% | 0.59% |
| Godrej Properties Ltd. | 0.60% | 0.57% |
| Kotak Mahindra Bank Ltd. | 0.57% | 1.28% |
| GE Vernova T&D India Ltd. | 0.55% | 0.62% |
| Delhivery Ltd. | 0.86% | 0.53% |
| Jindal Steel Ltd. | 0.53% | 0.66% |
| Gokaldas Exports Ltd. | 0.74% | 0.52% |
| Titan Company Ltd. | 0.60% | 0.52% |
| Mphasis Ltd. | 0.74% | 0.49% |
| E2E Networks Ltd. | 0.52% | 0.49% |
| The Phoenix Mills Ltd. | 0.49% | 0.84% |
| Cyient Ltd. | 0.61% | 0.48% |
| Ultratech Cement Ltd. | 0.48% | 0.68% |
| HCL Technologies Ltd. | 0.61% | 0.46% |
| Pidilite Industries Ltd. | 0.44% | 0.65% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.72% | 0.36% |
| Oil India Ltd. | 0.66% | 0.35% |
| Varun Beverages Ltd. | 0.32% | 0.52% |
| Trent Ltd. | 0.68% | 0.31% |
| National Stock Exchange of India Ltd. | 0.42% | 0.30% |
| Wockhardt Ltd. | 0.22% | 0.19% |
| LG Electronics India Ltd. | 1.04% | 0.15% |
| 91 Day Treasury Bills | 0.12% | 0.09% |
| 91 Day Treasury Bills | 0.08% | 0.95% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.8% means 58.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Union Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Power Finance Corporation Ltd. | 3.43% |
| National Bank for Agriculture and Rural Development | 3.42% |
| National Bank for Agriculture and Rural Development | 3.38% |
| REC Ltd. | 3.35% |
| Indian Railway Finance Corporation Ltd. | 2.06% |
Largest holdings only in Union Balanced Advantage Fund
| Security | % of fund |
|---|---|
| National Bank for Agriculture and Rural Development | 2.15% |
| Small Industries Development Bank of India | 2.12% |
| Indian Railway Finance Corporation Ltd. | 2.12% |
| Punjab National Bank | 2.10% |
| Power Grid Corporation of India Ltd. | 2.08% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Union Aggressive Hybrid | Union Balanced Advantage |
|---|---|---|
| Equity | 72.2% | 74.3% |
| Debt | 19.9% | 22.1% |
| Cash and others | 7.9% | 3.6% |
Market cap of stocks
| Market cap | Union Aggressive Hybrid | Union Balanced Advantage |
|---|---|---|
| Large Cap | 39.3% | 41.5% |
| Mid Cap | 10.2% | 12.4% |
| Small Cap | 19.1% | 17.3% |
| Not on AMFI's list | 3.7% | 3.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Union Aggressive Hybrid | Union Balanced Advantage |
|---|---|---|
| Banks | 14.2% | 16.3% |
| Pharmaceuticals & Biotechnology | 4.7% | 5.6% |
| Finance | 4.5% | 4.8% |
| Auto Components | 3.9% | 4.1% |
| Capital Markets | 3.1% | 3.6% |
| Construction | 3.3% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
Union Aggressive Hybrid vs Union Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Union Aggressive Hybrid Fund | Union Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.59% | 1.47% |
| Base expense ratio (Direct) | 0.99% | 0.96% |
| Total expense ratio (Regular) | 2.79% | 2.56% |
| Base expense ratio (Regular) | 2.03% | 1.88% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
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Union Aggressive Hybrid Fund vs Union Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Union Aggressive Hybrid Fund and Union Balanced Advantage Fund?
Union Aggressive Hybrid Fund is an Aggressive Hybrid fund, Union Balanced Advantage Fund is a Balanced Advantage fund, run by Union Mutual Fund. Their portfolios overlap 58.8%. Union Aggressive Hybrid Fund charges 1.59% a year and Union Balanced Advantage Fund 1.47%.
Which has given higher returns, Union Aggressive Hybrid Fund or Union Balanced Advantage Fund?
Over 1 year: Union Aggressive Hybrid Fund −1.89%, Union Balanced Advantage Fund −3.39%. Over 3 years: Union Aggressive Hybrid Fund +10.28% a year, Union Balanced Advantage Fund +7.80% a year. Over 5 years: Union Aggressive Hybrid Fund +8.26% a year, Union Balanced Advantage Fund +6.95% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Union Aggressive Hybrid Fund or Union Balanced Advantage Fund?
Union Balanced Advantage Fund charges less: 1.47% a year against 1.59%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Union Aggressive Hybrid Fund and Union Balanced Advantage Fund overlap?
58.8%. They hold 67 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Union Aggressive Hybrid Fund or Union Balanced Advantage Fund?
On SEBI's riskometer, Union Aggressive Hybrid Fund is rated Very High and Union Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 10.67% and 8.65% a year.
Which is better for SIP, Union Aggressive Hybrid Fund or Union Balanced Advantage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,54,206 in Union Aggressive Hybrid Fund (XIRR 8.3% a year) and ₹7,13,759 in Union Balanced Advantage Fund (XIRR 6.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Union Aggressive Hybrid Fund and Union Balanced Advantage Fund?
Yes. 58.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Union Aggressive Hybrid Fund and Union Balanced Advantage Fund?
Union Aggressive Hybrid Fund: Sanjay Bembalkar, Vinod Malviya, Parijat Agrawal. Union Balanced Advantage Fund: Sanjay Bembalkar, Gaurav Chopra, Parijat Agrawal, Vishal Thakker.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.