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
₹12.35
-1.36%
NAV as on 08 May 25, 12:00 AM
very high risk
global other
equity
NAV as on 08 May 25, 12:00 AM
very high risk
global other
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
34.20%p.a.
Since Inception
About Union Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Union Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl scheme from Union Asset Management Company Pvt. Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Sep 2023, Union Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl is Global - Other fund of its category with 894.19 Cr fund under management as on May 2025. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- Union Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl delivered 0.0% annual returns during the last year. It has delivered 34.2% average annual returns since the fund was launched.
- Union Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl 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 achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies.. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Top 10 Holdings
Info Edge (India) Ltd
5.44%
Zomato Ltd
4.67%
Dixon Technologies (India) Ltd
3.36%
PB Fintech Ltd
3.28%
Ami Organics Ltd
3.05%
Kaynes Technology India Ltd
2.83%
Trent Ltd
2.78%
SJS Enterprises Ltd
2.74%
CarTrade Tech Ltd
2.62%
Sona BLW Precision Forgings Ltd
2.59%
Fund Managers
- Sanjay Bembalkar (Sep 2023 - Present)
- Gaurav Chopra (Nov 2024 - Present)
Key Information
View Scheme Document
Union Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl SIP Calculator
If invested
per month
For a period of
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NRI Mutual Fund Tax on Union Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl
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 Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl?
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 Innovation & Opportunities Fund IDCW Reinvestment Inc Dist cum Cap Wdrl
- 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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