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Fincash » Add Biller for SIP Transaction in Union Bank of India

How to Add Biller for SIP Transactions in Union Bank of India?

Updated on May 22, 2023 , 12857 views

People who invest in Mutual Fund can choose SIP or Systematic Investment plan as a mode of investment. In this mode, people need to pay a small amount at regular intervals in the scheme to attain their objectives. Through SIP, people can ensure that their current budget doesn’t get hampered and their objectives are also achieved. With the advancements in technology, people can do their SIP through Net Banking channel.

In case of Opting for Net Banking, individuals receive a Unique Registration Number or URN once their first payment is done. They need to add this URN to the biller through Net Banking so that their future SIP payments gets automated. Only, you need to ensure that there are adequate funds in the Bank account. The process of adding biller to net banking is different for each bank. So, let us check the process of adding biller for SIP transactions in case of Union Bank of India which can be done in six simple steps.

Login & Select Bill Presentment Tab

This is the primary step in case of adding a biller. First, you need to log onto your net banking by entering your credentials. Once you log in, you can see your home screen. Here, on the top of the screen, you can see various tabs such as Accounts, Demat, Transfers, and much more. Out of this, you need to select on Bill Presentment tab. The image for this step is given below where Bill Presentment tab is highlighted in Black.

Step 1

Select the Option Add Biller/Instant Pay

Once you click on Bill Presentment tab, a new screen opens up. In this screen, you can find various options on the left side of the screen. Here, you need to check for the option Add Biller/ Instant Pay under the heading My Billers. The image for this screen is given below where the Add Biller/ Instant Pay and My Billers option both are highlighted in Black.

Step 2

Choose BSE Limited Under Mutual Funds

This is the third step in the process of adding biller. In this step, once you click on Add Biller/ Instant Pay option; a new pop up opens up in which there are various payments options such as Utility Payments, insurance Premia, and others. Here, you need to select the Mutual Fund Option. Once you click on Mutual Fund option, a drop-down next to it gets enables where you need to select the option of BSE Limited. Once you click on BSE Limited, you need to Click on Go. The image for this step is given below where Mutual Funds and BSE Limited option are highlighted in Black.

Step 3

Add Unique Registration Number

After clicking on Go in the previous step, a new screen opens where you are required to enter your URN number. This URN number is the one which you receive in your emails after making payments of the first SIP. If you do not receive email for SIP registration then don't worry. You can access the same from the website of www.fincash.com by logging in and visiting the My SIPs Section. You also need to add a short name to your biller. Once you add both the data, you need to click on Register. The image for the same is given below where the URN is highlighted in Black.

Step 4

Summary of Data Filled

Once you click on Register, a new screen gets opened where you can see the relevant filled information. Once you verify and check it, you can click on Confirm. If you feel that there is some mistake in the data, then you need to click on Back. The image for this step is given below as follows where the Confirm button is highlighted in Black.

Step 5

Confirmation

This is the last step in the process of biller addition in Union Bank of India. Once you click on Confirm option a new screen pops out which shows that the biller is successfully registered. The image for this step is as follows where the Congrats message is highlighted in Green.

Step 6

Therefore, through the above-mentioned steps, we can conclude that to add a biller in case of Union Bank of India is easy.

Best SIPs to Invest to Earn Better Returns

Here are some of the recommend SIPs as per 5 year returns and AUM of more than INR 500 Cr:

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
ICICI Prudential Technology Fund Growth ₹133.33
↓ -0.03
₹9,940 100 -3.8-3.4038.120.4
Aditya Birla Sun Life Digital India Fund Growth ₹120.24
↓ -0.26
₹3,250 100 -1.30.55.834.619.7
Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03
₹3,124 100 2.913.638.921.919.2
SBI Technology Opportunities Fund Growth ₹141.521
↓ -0.07
₹2,812 500 -2.8-0.7930.719.2
TATA Digital India Fund Growth ₹31.9987
↓ -0.03
₹6,765 150 -2.3-1.42.434.218.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 May 23

1. ICICI Prudential Technology Fund

To generate long-term capital appreciation for you from a portfolio made up predominantly of equity and equity-related securities of technology intensive companies.

ICICI Prudential Technology Fund is a Equity - Sectoral fund was launched on 3 Mar 00. It is a fund with High risk and has given a CAGR/Annualized return of 11.8% since its launch.  Ranked 37 in Sectoral category. .

Below is the key information for ICICI Prudential Technology Fund

ICICI Prudential Technology Fund
Growth
Launch Date 3 Mar 00
NAV (24 May 23) ₹133.33 ↓ -0.03   (-0.02 %)
Net Assets (Cr) ₹9,940 on 30 Apr 23
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.07
Sharpe Ratio -1.14
Information Ratio 1.54
Alpha Ratio -0.39
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹11,028
30 Apr 20₹9,353
30 Apr 21₹20,044
30 Apr 22₹26,263
30 Apr 23₹23,421

ICICI Prudential Technology Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644
Invest Now

Returns for ICICI Prudential Technology Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 May 23

DurationReturns
1 Month 6.7%
3 Month -3.8%
6 Month -3.4%
1 Year 0%
3 Year 38.1%
5 Year 20.4%
10 Year
15 Year
Since launch 11.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for ICICI Prudential Technology Fund
NameSinceTenure
Vaibhav Dusad2 May 203 Yr.
Sharmila D’mello30 Jun 220.84 Yr.

Data below for ICICI Prudential Technology Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology77.21%
Communication Services15.15%
Industrials2.36%
Energy1.98%
Consumer Cyclical0.93%
Consumer Defensive0.17%
Financial Services0%
Asset Allocation
Asset ClassValue
Cash2.2%
Equity97.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
28%₹2,746 Cr21,920,552
↑ 1,471,678
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 19 | TCS
18%₹1,793 Cr5,571,105
↑ 82,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
9%₹916 Cr11,455,514
↓ -344,305
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
8%₹794 Cr7,457,676
↓ -111,917
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | TECHM
6%₹620 Cr6,055,600
↑ 427,648
Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 19 | WIPRO
4%₹397 Cr10,319,937
↑ 430,024
LTIMindtree Ltd (Technology)
Equity, Since 31 Jul 16 | LTIM
3%₹314 Cr711,307
↑ 247,100
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 22 | RELIANCE
2%₹197 Cr812,654
↑ 143,596
Persistent Systems Ltd (Technology)
Equity, Since 31 May 20 | PERSISTENT
2%₹165 Cr349,214
↑ 135,117
Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 31 Jan 22 | ZEEL
1%₹138 Cr6,989,105
↑ 490,001

2. Aditya Birla Sun Life Digital India Fund

(Erstwhile Aditya Birla Sun Life New Millennium Fund)

A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend.

Aditya Birla Sun Life Digital India Fund is a Equity - Sectoral fund was launched on 15 Jan 00. It is a fund with High risk and has given a CAGR/Annualized return of 11.2% since its launch.  Ranked 33 in Sectoral category. .

Below is the key information for Aditya Birla Sun Life Digital India Fund

Aditya Birla Sun Life Digital India Fund
Growth
Launch Date 15 Jan 00
NAV (24 May 23) ₹120.24 ↓ -0.26   (-0.22 %)
Net Assets (Cr) ₹3,250 on 30 Apr 23
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.19
Sharpe Ratio -0.85
Information Ratio 1.5
Alpha Ratio 3.75
Min Investment 1,000
Min SIP Investment 100
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹10,810
30 Apr 20₹9,787
30 Apr 21₹19,451
30 Apr 22₹24,650
30 Apr 23₹22,681

Aditya Birla Sun Life Digital India Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for Aditya Birla Sun Life Digital India Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 May 23

DurationReturns
1 Month 8.3%
3 Month -1.3%
6 Month 0.5%
1 Year 5.8%
3 Year 34.6%
5 Year 19.7%
10 Year
15 Year
Since launch 11.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for Aditya Birla Sun Life Digital India Fund
NameSinceTenure
Kunal Sangoi16 Jan 149.29 Yr.
Dhaval Joshi21 Nov 220.44 Yr.

Data below for Aditya Birla Sun Life Digital India Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology80.23%
Industrials8.19%
Communication Services7.48%
Consumer Cyclical2.15%
Financial Services0.06%
Asset Allocation
Asset ClassValue
Cash1.89%
Equity98.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
24%₹775 Cr6,188,401
↑ 250,000
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 05 | TCS
12%₹383 Cr1,190,450
↑ 50,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH
9%₹300 Cr2,821,227
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | TECHM
7%₹221 Cr2,156,718
↑ 50,000
LTIMindtree Ltd (Technology)
Equity, Since 31 Mar 21 | LTIM
7%₹214 Cr485,179
↓ -30,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
6%₹197 Cr2,464,697
Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT
5%₹154 Cr1,306,398
Coforge Ltd (Technology)
Equity, Since 30 Jun 20 | COFORGE
4%₹133 Cr317,413
Birlasoft Ltd (Technology)
Equity, Since 30 Sep 20 | 532400
2%₹81 Cr2,975,656
Sonata Software Ltd Shs Dematerialised (Technology)
Equity, Since 30 Nov 19 | SONATSOFTW
2%₹65 Cr765,145

3. Principal Emerging Bluechip Fund

The primary objective of the Scheme is to achieve long-term capital appreciation by investing in equity & equity related instruments of mid cap & small cap companies.

Principal Emerging Bluechip Fund is a Equity - Large & Mid Cap fund was launched on 12 Nov 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 24.8% since its launch.  Ranked 1 in Large & Mid Cap category. .

Below is the key information for Principal Emerging Bluechip Fund

Principal Emerging Bluechip Fund
Growth
Launch Date 12 Nov 08
NAV (31 Dec 21) ₹183.316 ↑ 2.03   (1.12 %)
Net Assets (Cr) ₹3,124 on 30 Nov 21
Category Equity - Large & Mid Cap
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 2.74
Information Ratio 0.22
Alpha Ratio 2.18
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹9,232
30 Apr 20₹8,253
30 Apr 21₹13,020

Principal Emerging Bluechip Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for Principal Emerging Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 May 23

DurationReturns
1 Month 2.9%
3 Month 2.9%
6 Month 13.6%
1 Year 38.9%
3 Year 21.9%
5 Year 19.2%
10 Year
15 Year
Since launch 24.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for Principal Emerging Bluechip Fund
NameSinceTenure

Data below for Principal Emerging Bluechip Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

4. SBI Technology Opportunities Fund

(Erstwhile SBI IT Fund)

To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy.

SBI Technology Opportunities Fund is a Equity - Sectoral fund was launched on 9 Jan 13. It is a fund with High risk and has given a CAGR/Annualized return of 19.2% since its launch.  Ranked 42 in Sectoral category. .

Below is the key information for SBI Technology Opportunities Fund

SBI Technology Opportunities Fund
Growth
Launch Date 9 Jan 13
NAV (24 May 23) ₹141.521 ↓ -0.07   (-0.05 %)
Net Assets (Cr) ₹2,812 on 30 Apr 23
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating
Risk High
Expense Ratio 2.26
Sharpe Ratio -0.47
Information Ratio 1.04
Alpha Ratio 8.99
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-15 Days (0.5%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹11,166
30 Apr 20₹10,461
30 Apr 21₹18,321
30 Apr 22₹23,200
30 Apr 23₹22,786

SBI Technology Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for SBI Technology Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 May 23

DurationReturns
1 Month 6.6%
3 Month -2.8%
6 Month -0.7%
1 Year 9%
3 Year 30.7%
5 Year 19.2%
10 Year
15 Year
Since launch 19.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for SBI Technology Opportunities Fund
NameSinceTenure
Saurabh Pant1 Jan 221.33 Yr.
Mohit Jain1 Jan 221.33 Yr.

Data below for SBI Technology Opportunities Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology67.88%
Communication Services17.3%
Consumer Cyclical5.29%
Industrials2.66%
Asset Allocation
Asset ClassValue
Cash6.86%
Equity93.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
25%₹714 Cr5,700,000
↑ 300,000
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 06 | TCS
15%₹412 Cr1,280,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
10%₹280 Cr3,500,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 22 | TECHM
7%₹203 Cr1,980,000
Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 21 | WIPRO
4%₹119 Cr3,080,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH
4%₹117 Cr1,100,000
PVR INOX Ltd Shs Dematerialised (Communication Services)
Equity, Since 31 Jan 22 | PVRINOX
4%₹106 Cr722,000
Netflix Inc (Communication Services)
Equity, Since 31 Aug 21 | NFC
4%₹101 Cr38,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 22 | PERSISTENT
3%₹95 Cr200,000
Microsoft Corp (Technology)
Equity, Since 31 Aug 20 | MSF
3%₹95 Cr38,000

5. TATA Digital India Fund

The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.

TATA Digital India Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a CAGR/Annualized return of 17% since its launch. .

Below is the key information for TATA Digital India Fund

TATA Digital India Fund
Growth
Launch Date 28 Dec 15
NAV (24 May 23) ₹31.9987 ↓ -0.03   (-0.11 %)
Net Assets (Cr) ₹6,765 on 30 Apr 23
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 0
Sharpe Ratio -1.06
Information Ratio 0.71
Alpha Ratio -2.84
Min Investment 5,000
Min SIP Investment 150
Exit Load 0-3 Months (0.25%),3 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹11,015
30 Apr 20₹9,512
30 Apr 21₹18,556
30 Apr 22₹24,178
30 Apr 23₹21,632

TATA Digital India Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for TATA Digital India Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 May 23

DurationReturns
1 Month 7.8%
3 Month -2.3%
6 Month -1.4%
1 Year 2.4%
3 Year 34.2%
5 Year 18.3%
10 Year
15 Year
Since launch 17%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for TATA Digital India Fund
NameSinceTenure
Meeta Shetty9 Mar 212.14 Yr.
Arvindkumar Chetty1 Dec 220.41 Yr.

Data below for TATA Digital India Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology76.39%
Communication Services13.68%
Industrials4.69%
Consumer Cyclical1.15%
Financial Services0.67%
Health Care0.11%
Consumer Defensive0.1%
Utility0.02%
Energy0.01%
Real Estate0%
Asset Allocation
Asset ClassValue
Cash3.18%
Equity96.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
21%₹1,401 Cr11,184,598
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jan 16 | TCS
19%₹1,257 Cr3,903,371
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH
8%₹562 Cr5,283,886
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 21 | BHARTIARTL
8%₹545 Cr6,819,200
LTIMindtree Ltd (Technology)
Equity, Since 28 Feb 21 | LTIM
8%₹538 Cr1,218,062
↑ 10,000
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | TECHM
7%₹463 Cr4,523,627
↑ 201,183
Meta Platforms Inc Class A (Communication Services)
Equity, Since 30 Apr 23 | FB2A
3%₹171 Cr87,500
↑ 87,500
Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jul 18 | WIPRO
2%₹161 Cr4,188,632
↑ 175,000
Cyient Ltd (Industrials)
Equity, Since 28 Feb 21 | CYIENT
2%₹149 Cr1,259,737
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
2%₹144 Cr303,450
↑ 20,000

In case of any further queries, you can contact us on 8451864111 on any working day between 9.30am to 6.30 pm or write a mail to us anytime at support@fincash.com or chat with us by logging onto our website www.fincash.com.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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