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
₹10.44
-1.04%
NAV as on 08 May 25, 12:00 AM
very high risk
equity other
equity
NAV as on 08 May 25, 12:00 AM
very high risk
equity other
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
11.30%p.a.
Since Inception
About Union Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option scheme from Union Asset Management Company Pvt. Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Mar 2024, Union Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option is Equity - Other fund of its category with 573.82 Cr fund under management as on May 2025. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Union Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option delivered 0.0% annual returns during the last year. It has delivered 11.3% average annual returns since the fund was launched.
- Union Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option 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 generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
HDFC Bank Ltd
7.93%
ICICI Bank Ltd
6.20%
Infosys Ltd
4.79%
Bharti Airtel Ltd
3.54%
Larsen & Toubro Ltd
3.51%
State Bank of India
2.99%
Mahindra & Mahindra Ltd
2.84%
HCL Technologies Ltd
2.76%
Reliance Industries Ltd
2.64%
NTPC Ltd
2.57%
Fund Managers
- Harshad Patwardhan (Nov 2024 - Present)
- Pratik Dharmshi (Dec 2024 - Present)
Key Information
View Scheme Document
Union Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option 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 Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option
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 Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option?
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 Business Cycle Fund Reinvestment of Income Distribution cum capital withdrawal option
- 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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