Fincash » Add Biller for SIP Transaction in Union Bank of India
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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.
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.
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.
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.
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.
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.
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.
Therefore, through the above-mentioned steps, we can conclude that to add a biller in case of Union Bank of India is easy.
Here are some of the recommend SIPs as per 5 year
returns and AUM of more than INR 500 Cr
:
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) ICICI Prudential Technology Fund Growth ₹133.33
↓ -0.03 ₹9,940 100 -3.8 -3.4 0 38.1 20.4 Aditya Birla Sun Life Digital India Fund Growth ₹120.24
↓ -0.26 ₹3,250 100 -1.3 0.5 5.8 34.6 19.7 Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03 ₹3,124 100 2.9 13.6 38.9 21.9 19.2 SBI Technology Opportunities Fund Growth ₹141.521
↓ -0.07 ₹2,812 500 -2.8 -0.7 9 30.7 19.2 TATA Digital India Fund Growth ₹31.9987
↓ -0.03 ₹6,765 150 -2.3 -1.4 2.4 34.2 18.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 May 23
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 Below is the key information for ICICI Prudential Technology Fund Returns up to 1 year are on (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 Below is the key information for Aditya Birla Sun Life Digital India Fund Returns up to 1 year are on 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 Below is the key information for Principal Emerging Bluechip Fund Returns up to 1 year are on (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 Below is the key information for SBI Technology Opportunities Fund Returns up to 1 year are on 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 Below is the key information for TATA Digital India Fund Returns up to 1 year are on 1. ICICI Prudential Technology Fund
CAGR/Annualized
return of 11.8% since its launch. Ranked 37 in Sectoral
category. . 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.
Date Value 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 Returns for ICICI Prudential Technology Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 May 23 Duration Returns 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
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for ICICI Prudential Technology Fund
Name Since Tenure Vaibhav Dusad 2 May 20 3 Yr. Sharmila D’mello 30 Jun 22 0.84 Yr. Data below for ICICI Prudential Technology Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Technology 77.21% Communication Services 15.15% Industrials 2.36% Energy 1.98% Consumer Cyclical 0.93% Consumer Defensive 0.17% Financial Services 0% Asset Allocation
Asset Class Value Cash 2.2% Equity 97.8% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY28% ₹2,746 Cr 21,920,552
↑ 1,471,678 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 19 | TCS18% ₹1,793 Cr 5,571,105
↑ 82,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL9% ₹916 Cr 11,455,514
↓ -344,305 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH8% ₹794 Cr 7,457,676
↓ -111,917 Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | TECHM6% ₹620 Cr 6,055,600
↑ 427,648 Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 19 | WIPRO4% ₹397 Cr 10,319,937
↑ 430,024 LTIMindtree Ltd (Technology)
Equity, Since 31 Jul 16 | LTIM3% ₹314 Cr 711,307
↑ 247,100 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 22 | RELIANCE2% ₹197 Cr 812,654
↑ 143,596 Persistent Systems Ltd (Technology)
Equity, Since 31 May 20 | PERSISTENT2% ₹165 Cr 349,214
↑ 135,117 Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 31 Jan 22 | ZEEL1% ₹138 Cr 6,989,105
↑ 490,001 2. Aditya Birla Sun Life Digital India Fund
CAGR/Annualized
return of 11.2% since its launch. Ranked 33 in Sectoral
category. . 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.
Date Value 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 Returns for Aditya Birla Sun Life Digital India Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 May 23 Duration Returns 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
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for Aditya Birla Sun Life Digital India Fund
Name Since Tenure Kunal Sangoi 16 Jan 14 9.29 Yr. Dhaval Joshi 21 Nov 22 0.44 Yr. Data below for Aditya Birla Sun Life Digital India Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Technology 80.23% Industrials 8.19% Communication Services 7.48% Consumer Cyclical 2.15% Financial Services 0.06% Asset Allocation
Asset Class Value Cash 1.89% Equity 98.11% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY24% ₹775 Cr 6,188,401
↑ 250,000 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 05 | TCS12% ₹383 Cr 1,190,450
↑ 50,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH9% ₹300 Cr 2,821,227 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | TECHM7% ₹221 Cr 2,156,718
↑ 50,000 LTIMindtree Ltd (Technology)
Equity, Since 31 Mar 21 | LTIM7% ₹214 Cr 485,179
↓ -30,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL6% ₹197 Cr 2,464,697 Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT5% ₹154 Cr 1,306,398 Coforge Ltd (Technology)
Equity, Since 30 Jun 20 | COFORGE4% ₹133 Cr 317,413 Birlasoft Ltd (Technology)
Equity, Since 30 Sep 20 | 5324002% ₹81 Cr 2,975,656 Sonata Software Ltd Shs Dematerialised (Technology)
Equity, Since 30 Nov 19 | SONATSOFTW2% ₹65 Cr 765,145 3. Principal Emerging Bluechip Fund
CAGR/Annualized
return of 24.8% since its launch. Ranked 1 in Large & Mid Cap
category. . 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.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹9,232 30 Apr 20 ₹8,253 30 Apr 21 ₹13,020 Returns for Principal Emerging Bluechip Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 May 23 Duration Returns 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
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for Principal Emerging Bluechip Fund
Name Since Tenure Data below for Principal Emerging Bluechip Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. SBI Technology Opportunities Fund
CAGR/Annualized
return of 19.2% since its launch. Ranked 42 in Sectoral
category. . 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.
Date Value 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 Returns for SBI Technology Opportunities Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 May 23 Duration Returns 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
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for SBI Technology Opportunities Fund
Name Since Tenure Saurabh Pant 1 Jan 22 1.33 Yr. Mohit Jain 1 Jan 22 1.33 Yr. Data below for SBI Technology Opportunities Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Technology 67.88% Communication Services 17.3% Consumer Cyclical 5.29% Industrials 2.66% Asset Allocation
Asset Class Value Cash 6.86% Equity 93.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY25% ₹714 Cr 5,700,000
↑ 300,000 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 06 | TCS15% ₹412 Cr 1,280,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL10% ₹280 Cr 3,500,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 22 | TECHM7% ₹203 Cr 1,980,000 Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 21 | WIPRO4% ₹119 Cr 3,080,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH4% ₹117 Cr 1,100,000 PVR INOX Ltd Shs Dematerialised (Communication Services)
Equity, Since 31 Jan 22 | PVRINOX4% ₹106 Cr 722,000 Netflix Inc (Communication Services)
Equity, Since 31 Aug 21 | NFC4% ₹101 Cr 38,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 22 | PERSISTENT3% ₹95 Cr 200,000 Microsoft Corp (Technology)
Equity, Since 31 Aug 20 | MSF3% ₹95 Cr 38,000 5. TATA Digital India Fund
CAGR/Annualized
return of 17% since its launch. . 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 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.
Date Value 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 Returns for TATA Digital India Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 May 23 Duration Returns 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
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for TATA Digital India Fund
Name Since Tenure Meeta Shetty 9 Mar 21 2.14 Yr. Arvindkumar Chetty 1 Dec 22 0.41 Yr. Data below for TATA Digital India Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Technology 76.39% Communication Services 13.68% Industrials 4.69% Consumer Cyclical 1.15% Financial Services 0.67% Health Care 0.11% Consumer Defensive 0.1% Utility 0.02% Energy 0.01% Real Estate 0% Asset Allocation
Asset Class Value Cash 3.18% Equity 96.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY21% ₹1,401 Cr 11,184,598 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jan 16 | TCS19% ₹1,257 Cr 3,903,371 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH8% ₹562 Cr 5,283,886 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 21 | BHARTIARTL8% ₹545 Cr 6,819,200 LTIMindtree Ltd (Technology)
Equity, Since 28 Feb 21 | LTIM8% ₹538 Cr 1,218,062
↑ 10,000 Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | TECHM7% ₹463 Cr 4,523,627
↑ 201,183 Meta Platforms Inc Class A (Communication Services)
Equity, Since 30 Apr 23 | FB2A3% ₹171 Cr 87,500
↑ 87,500 Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jul 18 | WIPRO2% ₹161 Cr 4,188,632
↑ 175,000 Cyient Ltd (Industrials)
Equity, Since 28 Feb 21 | CYIENT2% ₹149 Cr 1,259,737 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT2% ₹144 Cr 303,450
↑ 20,000
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