Union Mutual Fund launches Union Midcap Fund

NFO period: 02^nd March – 16^th March, 2020

Highlights of the NFO:

• Scheme type – Mid Cap Fund - An open ended equity scheme predominantly investing in mid cap stocks


• Investment objective – The investment objective of the scheme is to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies. 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 capital appreciation over long term by investing predominantly in equity & equity related securities of midcap companies.


• 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 and Mr. Hardick Bora


• Benchmark – Nifty Midcap 100 Index^$(TRI)