Union Balanced Advantage Fund - Direct Plan - Growth Option
Union Mutual Fund
Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
Best SIP day: the 24th.
Best SIP day for this fund
The 24th
NoiseThe 24th had the highest full-history XIRR for this fund. The 28 dates sit close enough together that the difference between them is noise rather than a date effect.
Why the 24th
- Highest return of all 28 dates9.154%
Full-history XIRR, 0.06 pp above the middle of the month (9.097%).
- How far apart the 28 dates are0.09 pp
From the 10th (9.066%) up to the 24th. A date effect needs more than 0.25 pp and an order of dates that holds. This fund's order scored -0.09, short of 0.6.
- What the spread is worth₹9,309
Between the highest- and lowest-value dates (the 1st and the 27th) on a notional ₹10,000 a month: 0.6% of the ₹15.9 lakh it grew to over 8.8 years.
Missing one instalment costs more than picking this date over a typical one.
Higher than todayLower than todayTodayBest dayNot a SIP date
Each SIP date shows its full-history XIRR. Dates shaded as “higher than today” beat today’s date; the other shade fell short. Weakest to strongest across all 28 is 0.09 pp, and the deeper the fill, the further from today’s figure that date sat. Tap a date (1–28) to compare it with the named day; that does not change the answer.
Loading the calendarDoes not change the named day.
What to keep in mind
The date with the highest return and the date that ended with the most money are not the same date here. When two measures of the same question disagree, the difference between the dates is noise.