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
₹10.19
0.13%
NAV as on 05 Feb 26, 12:00 AM
risk
dynamic bond
debt
NAV as on 05 Feb 26, 12:00 AM
risk
dynamic bond
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
1.88%p.a.
Since Inception
About Union Income Plus Arbitrage Active FoF -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Income Plus Arbitrage Active FoF -Growth scheme from Union Asset Management Company Pvt. Ltd. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Jun 2025, Union Income Plus Arbitrage Active FoF -Growth is Dynamic Bond fund of its category with 102.84 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- Union Income Plus Arbitrage Active FoF -Growth delivered 0.0% annual returns during the last year. It has delivered 1.9% average annual returns since the fund was launched.
- Union Income Plus Arbitrage Active FoF -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 objective of the Scheme is to provide income over medium to long term by investing in units of Arbitrage Fund and Debt Funds. However, there is no assurance that the investment objective of the Scheme will be achieved.
Top 6 Holdings
Repo
1.97%
Net Payables
-0.54%
Union Corporate Bond Fund Direct - Growth
39.58%
Union Arbitrage Fund Direct - Growth
38.83%
Union Gilt Fund Direct - Growth
19.61%
Net Receivables
0.01%
Fund Managers
- Anindya Sarkar (May 2025 - Present)
- Vishal Thakker (May 2025 - Present)
- Shrenuj Parekh (May 2025 - Present)
Key Information
View Scheme Document
Union Income Plus Arbitrage Active FoF -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 Income Plus Arbitrage Active FoF -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 Income Plus Arbitrage Active FoF -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 Income Plus Arbitrage Active FoF -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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