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

INVEST VIA NRE/NRO

Union Low Duration Fund - Growth for NRI [10.27]

Min Investment

₹1,000

Fund Size

₹1,000.26 Cr

Expense Ratio

1.0%

Exit Load

%

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

₹10.27

0.07%

NAV as on 04 Feb 26, 12:00 AM

risk

low duration fund

debt

NAV as on 04 Feb 26, 12:00 AM

risk

low duration fund

debt

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

2.70%p.a.

Since Inception

About Union Low Duration Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Union Low Duration Fund - Growth scheme from Union Asset Management Company Pvt. Ltd. It is a Low Duration Fund mutual fund scheme that predominantly invests in Low Duration Fund stocks of companies. Launched on Jul 2025, Union Low Duration Fund - Growth is Low Duration Fund fund of its category with 1,000.26 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Low Duration Fund funds.

  • Union Low Duration Fund - Growth delivered 0.0% annual returns during the last year. It has delivered 2.7% average annual returns since the fund was launched.
  • Union Low Duration 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 provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns such that the Macaulay Duration of the portfolio is between 6 months to 12 months. There is no assurance that the investment objective of the Scheme will be achieved

Top 10 Holdings

Repo

19.85%

Net Receivables

2.36%

REC LIMITED SR 203B 5.85 BD 20DC25 FVRS10LAC

3.25%

POWER FINANCE CORPORATION LTD. BS228A 7.55 BD 15JL26 FVRS1LAC

5.02%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 7.43 BD 31AU26 FVRS1LAC

5.02%

REC LIMITED SR 223A 7.44 BD 30AP26 FVRS1LAC

2.50%

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24B 7.49 LOA 15OT26 FVRS1LAC

5.02%

HDB FINANCIAL SERVICES LIMITED SR 190 8.0736 LOA 17AP26 FVRS1LAC

5.01%

PNB HOUSING FINANCE LTD SR LVIII OP A 8.60 LOA 28JU26 FVRS 1LAC

5.03%

JAMNAGAR UTILITIES & POWER PRIVATE LIMITED SR PPD7 7.90 LOA 10AG28 FVRS1LAC

2.54%

Fund Managers

  1. Parijat Agrawal (Jun 2025 - Present)
  2. Devesh Thacker (Jun 2025 - Present)
  3. Anindya Sarkar (Aug 2025 - Present)

Key Information

View Scheme Document

Union Low Duration 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 Low Duration 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 Low Duration 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 Low Duration 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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