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
₹23.03
0.35%
NAV as on 23 Apr 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 23 Apr 24, 12:00 AM
very high risk
focused fund
equity
32.89%p.a.
Last 1Y
17.13%p.a.
Last 3Y
0.00%p.a.
Last 5Y
19.36%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Union Focused Fund Growth scheme from Union Asset Management Co. Pvt. Ltd.. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Aug 2019, Union Focused Fund Growth is Focused Fund fund of its category with 388.31 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps. However, there can be no assurance that the investment objective of the scheme will be achieved.
Reliance Industries Ltd
8.03%
ICICI Bank Ltd
7.48%
HDFC Bank Ltd
5.75%
Larsen & Toubro Ltd
5.06%
State Bank of India
4.53%
Shriram Finance Ltd
4.34%
Bharti Airtel Ltd
4.33%
Infosys Ltd
3.75%
Dixon Technologies (India) Ltd
3.39%
Zomato Ltd
3.34%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
16.6%
very high risk | equity
9.2%
very high risk | equity
22.8%