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Union Mutual Fund launches Union Focused Fund

by News Team | Mutual Fund

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.)