Union Mutual Fund launches Union Corporate Bond Fund

NFO period: 04^th May – 18^th May, 2018

Highlights of the NFO:

• Scheme type – An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds


• Investment objective – To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. 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 regular income over Medium to long term income by investing in fixed income securities of varying maturities and credit.


• 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. Parijat Agrawal


• Benchmark – CRISIL Short Term Bond Fund Index