NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal for NRI [12.42]

Min Investment

₹1,000

Fund Size

₹80.77 Cr

Expense Ratio

0.9%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹12.42

0.90%

NAV as on 29 Jan 25, 12:00 AM

moderate risk

medium duration

debt

NAV as on 29 Jan 25, 12:00 AM

moderate risk

medium duration

debt

7.53%p.a.

Last 1Y

5.16%p.a.

Last 3Y

0.00%p.a.

Last 5Y

4.98%p.a.

Since Inception

About Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal for NRIs

NRIs can achieve long-term capital appreciation by investing in the Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal scheme from Union Asset Management Company Pvt. Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Sep 2020, Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal is Medium Duration fund of its category with 80.77 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.

  • Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal delivered 7.5% annual returns during the last year. It has delivered 5.0% average annual returns since the fund was launched.
  • Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal 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 generate income and capital appreciation by investing in Fixed Income Securities and Money Market Instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

Top 7 Holdings

7.32% Govt Stock 2030

25.47%

7.1% Govt Stock 2029

25.15%

7.1% Govt Stock 2034

12.66%

7.18% Govt Stock 2033

6.35%

7.04% Govt Stock 2029

6.28%

Corporate Debt Mkt Devp. Fund-A2

0.57%

364 DTB 26122024

0.14%

Fund Managers

  1. Parijat Agrawal (Sep 2020 - Present)
  2. Anindya Sarkar (Sep 2020 - Present)

Key Information

View Scheme Document

Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal SIP Calculator

If invested

₹5,000

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 Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Union Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal?

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 Medium Duration Fund Reinvestment of Income Distribution cum capital withdrawal
  • 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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