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
₹2314.59
0.02%
NAV as on 23 Apr 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 23 Apr 24, 12:00 AM
low to moderate risk
liquid
liquid
7.28%p.a.
Last 1Y
5.52%p.a.
Last 3Y
5.21%p.a.
Last 5Y
6.74%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Union Liquid Fund Growth scheme from Union Asset Management Co. Pvt. Ltd.. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jun 2011, Union Liquid Fund Growth is Liquid fund of its category with 2,894.14 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
To provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.
Treps
5.60%
HDFC Bank Limited
3.43%
India (Republic of)
3.42%
India (Republic of)
3.41%
India (Republic of)
3.41%
Export-Import Bank of India
2.58%
Punjab National Bank
2.56%
Kotak Securities Ltd
1.72%
Canara Bank
1.72%
Axis Bank Ltd.
1.72%
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
low to moderate risk | liquid
5.5%
low to moderate risk | liquid
5.5%
low to moderate risk | liquid
5.0%