Union Mutual Fund launches Union Gold ETF Fund of Fund

NFO period: 10^th February – 24^th February, 2025

Highlights of the NFO:

• Scheme type - An open-ended Fund of Fund scheme investing in units of Union Gold ETF


• Investment objective – The investment objective of the scheme is to generate long-term capital appreciation by investing in units of Union Gold ETF. However, there is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking capital appreciation over long term predominately by investing in units of Union Gold ETF.


• Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum capital withdrawal Plan – Payout Option, Reinvestment Option and Transfer Option.


• Fund Managers – Mr. Vinod Malviya


• Benchmark – Domestic Price of Physical Gold