NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Union Gilt Fund - Growth for NRI [12.04]

Min Investment

₹1,000

Fund Size

₹106.57 Cr

Expense Ratio

1.1%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹12.04

0.17%

NAV as on 04 Feb 26, 12:00 AM

moderate risk

government bond

debt

NAV as on 04 Feb 26, 12:00 AM

moderate risk

government bond

debt

1.44%p.a.

Last 1Y

5.49%p.a.

Last 3Y

0.00%p.a.

Last 5Y

5.45%p.a.

Since Inception

About Union Gilt Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Union Gilt Fund - Growth scheme from Union Asset Management Company Pvt. Ltd. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Aug 2022, Union Gilt Fund - Growth is Government Bond fund of its category with 106.57 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.

  • Union Gilt Fund - Growth delivered 1.4% annual returns during the last year. It has delivered 5.5% average annual returns since the fund was launched.
  • Union Gilt Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The investment objective of the Scheme is to generate income through investment in a portfolio comprising of government securities of various maturities. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

Top 10 Holdings

Repo

1.86%

Net Receivables

2.34%

GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100

4.22%

GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100

22.94%

GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100

3.81%

GOVERNMENT OF INDIA 35152 GOI 18NV39 6.92 FV RS 100

4.48%

GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100

68.18%

GOVERNMENT OF INDIA 35943 GOI 05MY35 6.33 FV RS 100

3.54%

GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100

7.76%

GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100

4.68%

Fund Managers

  1. Parijat Agrawal (Jul 2022 - Present)
  2. Anindya Sarkar (Jul 2022 - Present)

Key Information

View Scheme Document

Union Gilt Fund - Growth SIP Calculator

If invested

₹5,000

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 Gilt Fund - Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Union Gilt 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 Gilt 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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