Union Mutual Fund launches Union Corporate Bond Fund

Mutual Fund
May 7, 2018 by Advisorkhoj Team | Mutual Fund | 3 Downloaded

NFO period: 04th May – 18th May, 2018

Highlights of the NFO:

  • Scheme type – An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds

  • Investment objective – To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. 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 regular income over Medium to long term income by investing in fixed income securities of varying maturities and credit.

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

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

  • Fund Managers – Mr. Parijat Agrawal

  • Benchmark – CRISIL Short Term Bond Fund Index

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

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