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

INVEST VIA NRE/NRO

Union Midcap Fund Payout of Income Distribution cum capital withdrawal for NRI [42.70]

Min Investment

₹1,000

Fund Size

₹1,380.72 Cr

Expense Ratio

2.1%

Exit Load

1%

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

₹42.70

-1.18%

NAV as on 08 May 25, 12:00 AM

very high risk

mid cap

equity

NAV as on 08 May 25, 12:00 AM

very high risk

mid cap

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

37.69%p.a.

Since Inception

About Union Midcap Fund Payout of Income Distribution cum capital withdrawal for NRIs

NRIs can achieve long-term capital appreciation by investing in the Union Midcap Fund Payout of Income Distribution cum capital withdrawal scheme from Union Asset Management Company Pvt. Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Mar 2020, Union Midcap Fund Payout of Income Distribution cum capital withdrawal is Mid-Cap fund of its category with 1,380.72 Cr fund under management as on May 2025. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.

  • Union Midcap Fund Payout of Income Distribution cum capital withdrawal delivered 0.0% annual returns during the last year. It has delivered 37.7% average annual returns since the fund was launched.
  • Union Midcap Fund Payout of Income Distribution cum capital withdrawal 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 and generate income by investing predominantly in equity and equity related securities of mid cap companies.

Top 10 Holdings

Coforge Ltd

3.43%

The Federal Bank Ltd

3.12%

Persistent Systems Ltd

2.95%

Mphasis Ltd

2.89%

Voltas Ltd

2.58%

Max Healthcare Institute Ltd Ordinary Shares

2.57%

Dixon Technologies (India) Ltd

2.54%

Max Financial Services Ltd

2.49%

Suzlon Energy Ltd

2.33%

Info Edge (India) Ltd

2.29%

Fund Managers

  1. Pratik Dharmshi (Dec 2024 - Present)
  2. Gaurav Chopra (Jan 2023 - Present)

Key Information

View Scheme Document

Union Midcap Fund Payout of Income Distribution cum capital withdrawal 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 Midcap Fund Payout of Income Distribution cum capital withdrawal

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 Midcap Fund Payout of Income Distribution cum capital withdrawal?

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 Midcap Fund Payout of Income Distribution cum capital withdrawal
  • 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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