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
₹24.57
0.16%
NAV as on 23 Apr 24, 12:00 AM
very high risk
value
equity
NAV as on 23 Apr 24, 12:00 AM
very high risk
value
equity
43.85%p.a.
Last 1Y
22.79%p.a.
Last 3Y
18.31%p.a.
Last 5Y
18.16%p.a.
Since Inception
About Union Value Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Value Fund Growth scheme from Union Asset Management Co. Pvt. Ltd.. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Dec 2018, Union Value Fund Growth is Value fund of its category with 226.87 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
- Union Value Fund Growth delivered 43.9% annual returns during the last year. It has delivered 18.2% average annual returns since the fund was launched.
- Union Value 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 seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).
Top 10 Holdings
Reliance Industries Ltd
7.47%
ICICI Bank Ltd
5.49%
HDFC Bank Ltd
5.42%
Bharti Airtel Ltd
3.90%
State Bank of India
3.65%
Embassy Office Parks Reit
3.26%
Larsen & Toubro Ltd
2.97%
Bajaj Auto Ltd
2.66%
Infosys Ltd
2.43%
NTPC Ltd
2.38%
Fund Managers
- Hardick Bora (Jan 2023 - Present)
- Sanjay Bembalkar (Jun 2021 - Present)
Key Information
View Scheme Document
Union Value Fund Growth SIP Calculator
If invested
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For a period of
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Union Value 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 Value 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 Value 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
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26.9%
HSBC Value Growth
very high risk | equity
27.9%
UTI Value fund Fund- Plan Growth
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19.7%
Frequently Asked Questions
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