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
₹45.78
0.35%
NAV as on 23 Apr 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 23 Apr 24, 12:00 AM
very high risk
flexi cap
equity
39.83%p.a.
Last 1Y
20.35%p.a.
Last 3Y
18.66%p.a.
Last 5Y
12.50%p.a.
Since Inception
About Union Flexi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Flexi Cap Fund Growth scheme from Union Asset Management Co. Pvt. Ltd.. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Jun 2011, Union Flexi Cap Fund Growth is Flexi Cap fund of its category with 1,986.67 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
- Union Flexi Cap Fund Growth delivered 39.8% annual returns during the last year. It has delivered 12.5% average annual returns since the fund was launched.
- Union Flexi Cap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation. However, there can be no assurance that the investment objective of the scheme will be achieved.
Top 10 Holdings
ICICI Bank Ltd
6.60%
Reliance Industries Ltd
6.60%
HDFC Bank Ltd
5.83%
Bharti Airtel Ltd
3.54%
Larsen & Toubro Ltd
3.41%
State Bank of India
3.22%
Tata Consultancy Services Ltd
3.12%
Zomato Ltd
2.69%
Bajaj Auto Ltd
2.51%
Sun Pharmaceuticals Industries Ltd
2.37%
Fund Managers
- Hardick Bora (Jan 2021 - Present)
- Sanjay Bembalkar (Jan 2023 - Present)
Key Information
View Scheme Document
Union Flexi Cap Fund 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 Flexi Cap Fund 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 Flexi Cap Fund 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 Flexi Cap Fund 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
Similar Funds
Funds
3Y Return
Parag Parikh Flexi Cap Growth
very high risk | equity
21.3%
HDFC Flexi Cap Fund Growth
very high risk | equity
27.7%
Kotak Flexicap Fund Growth
very high risk | equity
18.4%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved