Union Mutual Fund launches Union Focused Fund

Mutual Fund
Jul 15, 2019 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 15th July – 29th July, 2019

Highlights of the NFO:

  • Scheme type – An open ended equity scheme investing in maximum 30 stocks across market caps (i.e. Multi Cap)

  • Investment objective – The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps. However, there can be no assurance that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation by investing in equity & equity related securities including equity derivatives upto a maximum of 30 stocks across market capitalization.

  • 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. Vinay Paharia

  • Benchmark – S&P BSE 500 Index$ (TRI)

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

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