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
₹9.47
-0.42%
NAV as on 05 Feb 26, 12:00 AM
very high risk
thematic consumption
equity
NAV as on 05 Feb 26, 12:00 AM
very high risk
thematic consumption
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-5.30%p.a.
Since Inception
About Union Consumption Fund -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Consumption Fund -Growth scheme from Union Asset Management Company Pvt. Ltd. It is a Thematic - Consumption mutual fund scheme that predominantly invests in Thematic - Consumption stocks of companies. Launched on Dec 2025, Union Consumption Fund -Growth is Thematic - Consumption fund of its category with 331.66 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Thematic - Consumption funds.
- Union Consumption Fund -Growth delivered 0.0% annual returns during the last year. It has delivered -5.3% average annual returns since the fund was launched.
- Union Consumption 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 scheme seeks to generate long-term capital appreciation by investing in companies those are engaged in consumption and consumption related sector or allied sectors. These companies are expected to directly or indirectly benefit from changing consumer aspirations, changing lifestyle and overall growth in consumption led demand.
Top 10 Holdings
Bajaj Finance Ltd
1.41%
Bharti Airtel Ltd
6.20%
Eicher Motors Ltd
1.49%
Hero Motocorp Ltd
0.96%
ICICI Bank Ltd
0.70%
The Indian Hotels Company Ltd
0.98%
ITC Ltd
1.46%
Kotak Mahindra Bank Ltd
0.93%
Mahindra & Mahindra Ltd
4.51%
Maruti Suzuki India Ltd
3.48%
Fund Managers
- Sanjay Bembalkar (Dec 2025 - Present)
- Vinod Malviya (Dec 2025 - Present)
Key Information
View Scheme Document
Union Consumption 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 Consumption 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 Consumption 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 Consumption 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
Similar Funds
Funds
3Y Return
Motilal Oswal Consumption Fund -Growth
very high risk | equity
0.0%
Invesco India Consumption Fund - Growth
very high risk | equity
0.0%
LIC MF Consumption Fund -Growth
very high risk | equity
0.0%
Frequently Asked Questions
Explore Other Union Funds
Funds
3Y Return
Union Small Cap Fund Payout of Income Distribution cum capital withdrawal
very high risk | equity
0.0%
Union Small Cap Fund Reinvestment of Income Distribution cum capital withdrawal
very high risk | equity
0.0%
Union Liquid Fund-Growth
low to moderate risk | liquid
7.0%
Copyright | 2021 @ SBNRI | All Rights Reserved