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

INVEST VIA NRE/NRO

Union Short Duration Fund -Growth for NRI [10.71]

Q: Can NRIs invest in SIP of Union Short Duration Fund -Growth?

Depending on their objective and risk tolerance, NRIs can select either SIP or Lumpsum investment of Union Short Duration Fund -Growth

Q: How much returns can I expect from Union Short Duration Fund -Growth?

Since its inception, Union Short Duration Fund -Growth has delivered average annual returns of 5.6%.

Q: What is the size of Union Short Duration Fund -Growth ?

As on 31 Mar 2026, Union Short Duration Fund -Growth had ₹137.17 Cr of assets under management (AUM).

Q: How much expense ratio is charged by Union Short Duration Fund -Growth ?

The Expense Ratio of Union Short Duration Fund -Growth is 0.70.

Q: What is the current NAV of Union Short Duration Fund -Growth?

NAV or Net Asset Value is the per unit price of the mutual fund. The NAV of Union Short Duration Fund -Growth is ₹10.7 as on 31 Mar 2026 .

Min Investment

₹1,000

Fund Size

₹137.17 Cr

Expense Ratio

0.7%

Exit Load

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

₹10.71

0.02%

NAV as on 31 Mar 26, 12:00 AM

risk

short duration fund

debt

NAV as on 31 Mar 26, 12:00 AM

risk

short duration fund

debt

5.60%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

6.07%p.a.

Since Inception

About Union Short Duration Fund -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Union Short Duration Fund -Growth scheme from Union Asset Management Company Pvt. Ltd. It is a Short Duration Fund mutual fund scheme that predominantly invests in Short Duration Fund stocks of companies. Launched on Jan 2025, Union Short Duration Fund -Growth is Short Duration Fund fund of its category with 137.17 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Short Duration Fund funds.

Union Short Duration Fund -Growth delivered 5.6% annual returns during the last year. It has delivered 6.1% average annual returns since the fund was launched.
Union Short Duration Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
The scheme has predominantly invested in debt

Fund Objective

The Scheme Is An Actively Managed Scheme With An Investment Objective To Provide Reasonable Returns And Liquidity By Investing In A Range Of Debt And Money Market Instruments While Maintaining The Balance Of Safety, Liquidity And Returns.

Top 10 Holdings

Repo

9.74%

Net Payables

-18.87%

Sikka Ports and Terminals Ltd SR-PPD-6 Debenture 7.95 28/10/2026

4.77%

BAJAJ FINANCE LIMITED 7.60 NCD 11FB30 FVRS10LAC

6.93%

POWER FINANCE CORPORATION LTD. SR 207 7.04 BD 16DC30 FVRS10LAC

7.25%

TATA CLEANTECH CAPITAL LIMITED SR A FY 2020-21 8 NCD 10SP27 FVRS10LAC

11.43%

LARSEN AND TOUBRO LIMITED SR 4 8 NCD 23AP30 FVRS10LAC

5.45%

GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100

7.59%

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR F24 7.68 BD 30AP29 FVRS1LAC

3.91%

LIC HOUSING FINANCE LTD TR 438 7.8350 NCD 11MY27 FVRS1LAC

4.96%

Fund Managers

Anindya Sarkar (Jan 2025 - Present)
Shrenuj Parekh (Jan 2025 - Present)

Key Information

View Scheme Document

Union Short Duration Fund -Growth SIP Calculator

NRI Mutual Fund Tax on Union Short Duration 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 Short Duration 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 Short Duration 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

Frequently Asked Questions

Can NRIs invest in SIP of Union Short Duration Fund -Growth?

How much returns can I expect from Union Short Duration Fund -Growth?

What is the size of Union Short Duration Fund -Growth ?

How much expense ratio is charged by Union Short Duration Fund -Growth ?

What is the current NAV of Union Short Duration Fund -Growth?

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