Union Mutual Fund launches Union Equity Savings Fund

NFO period: 19^th July – 30^th July, 2018

Highlights of the NFO:

• Scheme type – An open ended scheme investing in equity, arbitrage and debt


• Investment objective – To seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments, arbitrage and derivative strategies and exposure in debt and 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 appreciation by investing predominantly in a portfolio of equity and equity related securities.


• 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. Vinay Paharia


• Benchmark – CRISIL Short Term Debt Hybrid 75+25 Fund Index