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

INVEST VIA NRE/NRO

Union Value Fund Growth for NRI [26.57]

Min Investment

₹1,000

Fund Size

₹300.49 Cr

Expense Ratio

2.5%

Exit Load

1%

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

₹26.57

0.61%

NAV as on 05 May 25, 12:00 AM

very high risk

value

equity

NAV as on 05 May 25, 12:00 AM

very high risk

value

equity

5.51%p.a.

Last 1Y

17.07%p.a.

Last 3Y

23.92%p.a.

Last 5Y

18.61%p.a.

Since Inception

About Union Value Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Union Value Fund Growth scheme from Union Asset Management Company Pvt. Ltd. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Dec 2018, Union Value Fund Growth is Value fund of its category with 300.49 Cr fund under management as on May 2025. The expense ratio of this fund is less than that of most other Fund category Value funds.

  • Union Value Fund Growth delivered 5.5% annual returns during the last year. It has delivered 18.6% average annual returns since the fund was launched.
  • Union Value Fund Growth 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 seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).

Top 10 Holdings

HDFC Bank Ltd

7.89%

Infosys Ltd

5.07%

ICICI Bank Ltd

4.93%

ITC Ltd

2.89%

State Bank of India

2.85%

Reliance Industries Ltd

2.62%

V-Mart Retail Ltd

2.47%

Larsen & Toubro Ltd

2.39%

Bharti Airtel Ltd

2.12%

Bharat Electronics Ltd

2.11%

Fund Managers

  1. Vinod Malviya (Nov 2024 - Present)
  2. Gaurav Chopra (Nov 2024 - Present)

Key Information

View Scheme Document

Union Value 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 Value 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 Value 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 Value 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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