Union Mutual Fund launches Union Arbitrage Fund

Mutual Fund
Jan 30, 2019 by Advisorkhoj Team | Mutual Fund | 4 Downloaded

NFO period: 30th January – 13th February, 2019

Highlights of the NFO:

  • Scheme type – An open ended scheme investing in arbitrage opportunities

  • Investment objective – The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the Investment Objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income over short term from arbitrage opportunities in equity market by investing in arbitrage opportunities in the cash & derivatives segment of the equity market.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option & Dividend Option.

  • Fund Managers – Mr. Vishal Thakker and Mr. Devesh Thacker

  • Benchmark – Nifty 50 Arbitrage Index$

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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