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
₹16.01
0.13%
NAV as on 23 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 23 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
29.43%p.a.
Last 1Y
15.28%p.a.
Last 3Y
0.00%p.a.
Last 5Y
15.15%p.a.
Since Inception
About Union Aggressive Hybrid Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Aggressive Hybrid Fund Growth scheme from Union Asset Management Co. Pvt. Ltd.. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Dec 2020, Union Aggressive Hybrid Fund Growth is Aggressive Allocation fund of its category with 591.13 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- Union Aggressive Hybrid Fund Growth delivered 29.4% annual returns during the last year. It has delivered 15.2% average annual returns since the fund was launched.
- Union Aggressive Hybrid 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 growth and generate income from a portfolio, predominantly of equity and equity related securities. The scheme will also invest in debt & money market instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Top 10 Holdings
HDFC Bank Ltd
6.11%
Reliance Industries Ltd
6.08%
ICICI Bank Ltd
5.47%
Small Industries Development Bank Of India
4.24%
Power Finance Corporation Ltd.
4.23%
Larsen & Toubro Ltd
3.34%
Indian Railway Finance Corporation Limited
2.55%
State Bank of India
2.55%
National Bank for Agriculture and Rural Development
2.54%
Infosys Ltd
2.45%
Fund Managers
- Parijat Agrawal (Dec 2020 - Present)
- Hardick Bora (Dec 2020 - Present)
- Sanjay Bembalkar (Jan 2023 - Present)
Key Information
View Scheme Document
Union Aggressive Hybrid Fund Growth SIP Calculator
If invested
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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 Aggressive Hybrid 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 Aggressive Hybrid 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 Aggressive Hybrid 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
SBI Equity Hybrid Fund Growth
very high risk | hybrid (nc)
14.1%
ICICI Prudential Equity & Debt Fund Growth
very high risk | equity
25.9%
HDFC Hybrid Equity Fund Growth
very high risk | hybrid (nc)
16.4%
Frequently Asked Questions
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