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
₹19.57
-0.46%
NAV as on 06 May 25, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 06 May 25, 12:00 AM
very high risk
dynamic asset allocation
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
10.20%p.a.
Since Inception
About Union Balanced Advantage Fund Payout of Income Distribution cum capital withdrawal for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Balanced Advantage Fund Payout of Income Distribution cum capital withdrawal scheme from Union Asset Management Company Pvt. Ltd. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Jan 2018, Union Balanced Advantage Fund Payout of Income Distribution cum capital withdrawal is Dynamic Asset Allocation fund of its category with 1,457.11 Cr fund under management as on May 2025. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Union Balanced Advantage Fund Payout of Income Distribution cum capital withdrawal delivered 0.0% annual returns during the last year. It has delivered 10.2% average annual returns since the fund was launched.
- Union Balanced Advantage Fund Payout 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 equity
Fund Objective
To achieve long term capital appreciation and generate income through an equity portfolio by using long equities, equity derivatives and arbitrage opportunities available. However, there is no assurance that the Investment Objective of the scheme will be achieved.
Top 10 Holdings
Derivatives Total
17.79%
91 DTB 03012025
4.78%
HDFC Bank Ltd
4.63%
Reliance Industries Ltd
4.19%
191 DTB 30012025
3.40%
364 Days T - Bill- 06/02/2025
3.39%
ICICI Bank Ltd
3.36%
Infosys Ltd
2.82%
Bharti Airtel Ltd
2.68%
91 DTB 05122024
2.06%
Fund Managers
- Parijat Agrawal (Jan 2018 - Present)
- Sanjay Bembalkar (Jan 2023 - Present)
- Gaurav Chopra (Nov 2024 - Present)
Key Information
View Scheme Document
Union Balanced Advantage Fund Payout of Income Distribution cum capital withdrawal SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Union Balanced Advantage Fund Payout 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 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 Balanced Advantage Fund Payout 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 Balanced Advantage Fund Payout 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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