Union Mutual Fund launches Union Fixed Maturity Plan Series 13: 1114 Days

NFO period: 21^st March – 28^th March, 2023

Highlights of the NFO:

• Scheme type – A close-ended debt scheme. A relatively high interest rate risk and moderate credit risk


• Investment objective – The investment objective of the scheme is to provide income to the investors through investments in a portfolio comprising of Debt and Money Market Instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking regular income over the tenure of the scheme by investing in Debt and 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 and Payout of Income Distribution cum capital withdrawal (IDCW).


• Fund Managers – Mr. Devesh Thacker and Mr. Anindya Sarkar


• Benchmark – CRISIL Medium Duration Fund BIII Index


• Maturity – 1114 days from the date of allotment