Union Mutual Fund launches Union Income Plus Arbitrage Active FOF

NFO period: 22^nd May - 05^th June, 2025

Highlights of the NFO:

• Scheme type - An open-ended FoF investing in units of Arbitrage and Debt Oriented Schemes.


• Investment objective - The objective of the Scheme is to provide income over medium to long term by investing in units of Arbitrage Fund and Debt Funds. However, there is no assurance that the investment objective of the Scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking income generation over medium to long term. Investment predominately in units of Arbitrage Fund and Debt Funds.


• Minimum Application Amount - Rs. 1000/- and in multiples of Re. 1/- thereafter.


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Vishal Thakker, Mr. Anindya Sarkar & Mr. Shrenuj Parekh


• Benchmark - 60% Nifty Composite Debt Index + 40% Nifty 50 Arbitrage Index TRI