NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹21.10
0.17%
NAV as on 23 Apr 24, 12:00 AM
moderate risk
dynamic bond
debt
NAV as on 23 Apr 24, 12:00 AM
moderate risk
dynamic bond
debt
5.92%p.a.
Last 1Y
3.85%p.a.
Last 3Y
6.02%p.a.
Last 5Y
6.40%p.a.
Since Inception
About Union Dynamic Bond Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Dynamic Bond Growth scheme from Union Asset Management Co. Pvt. Ltd.. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Feb 2012, Union Dynamic Bond Growth is Dynamic Bond fund of its category with 112.09 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- Union Dynamic Bond Growth delivered 5.9% annual returns during the last year. It has delivered 6.4% average annual returns since the fund was launched.
- Union Dynamic Bond Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The investment objective of the Scheme is to actively manage a portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and liquidity to the investors. However, there can be no assurance that the investment objective of the scheme will be achieved.
Top 9 Holdings
7.18% Govt Stock 2037
44.52%
7.18% Govt Stock 2033
17.85%
7.3% Govt Stock 2053
13.44%
Indian Railway Finance Corporation Limited
4.60%
Rural Electrification Corporation Limited
4.51%
Power Finance Corporation Ltd.
4.48%
7.25% Govt Stock 2063
4.44%
Corporate Debt Mkt Devp. Fund-A2
0.22%
182 DTB 27062024
0.21%
Fund Managers
- Parijat Agrawal (Feb 2012 - Present)
- Devesh Thacker (Jun 2018 - Present)
Key Information
View Scheme Document
Union Dynamic Bond Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Union Dynamic Bond Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Union Dynamic Bond Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Union Dynamic Bond Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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