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
₹12.55
0.40%
NAV as on 04 Feb 26, 12:00 AM
very high risk
children
equity
NAV as on 04 Feb 26, 12:00 AM
very high risk
children
equity
9.04%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
11.24%p.a.
Since Inception
About Union Children's Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Children's Fund - Growth scheme from Union Asset Management Company Pvt. Ltd. It is a Children mutual fund scheme that predominantly invests in Children stocks of companies. Launched on Dec 2023, Union Children's Fund - Growth is Children fund of its category with 81.46 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Children funds.
- Union Children's Fund - Growth delivered 9.0% annual returns during the last year. It has delivered 11.2% average annual returns since the fund was launched.
- Union Children's 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 generate long term capital appreciation by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide investment solution to investors. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Top 10 Holdings
GE T&D India Ltd
1.33%
Axis Bank Ltd
1.66%
Bajaj Finance Ltd
0.93%
Balrampur Chini Mills Ltd
0.65%
Bharat Electronics Ltd
1.16%
Bharti Airtel Ltd
3.21%
Coromandel International Ltd
1.13%
DHFL VYSYA HOUSING FINANCE LIMITED EQ
0.99%
Emami Ltd
1.14%
The Federal Bank Ltd
1.64%
Fund Managers
- Vinod Malviya (Nov 2024 - Present)
- Gaurav Chopra (Nov 2024 - Present)
- Parijat Agrawal (Nov 2023 - Present)
Key Information
View Scheme Document
Union Children's Fund - Growth SIP Calculator
If invested
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 Children's 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 Children's 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 Children's 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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Frequently Asked Questions
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