Union Mutual Fund launches Union Hybrid Equity Fund

by News Team | Mutual Fund

NFO period: 27th November – 11th December, 2020

Highlights of the NFO:

  • Scheme type - An open-ended hybrid scheme investing predominantly in equity and equity related instruments

  • Investment objective – The investment objective of the scheme is to achieve long term capital growth and generate income from a portfolio, predominantly of equity and equity related securities. The scheme will also invest in debt & 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 long term capital growth and income by investing predominantly in equity and equity related instruments. The scheme will also invest in debt & money market instruments.

  • 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 (Dividend Re-investment, Dividend Pay-out and Dividend Sweep Facility).

  • Fund Managers – Mr. Vinay Paharia, Mr. Parijat Agrawal and Mr Hardick Bora

  • Benchmark – CRISIL Hybrid 35+65 Aggressive Index (TRI)

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