MUTUAL FUNDS
Unifi Mutual Fund files offer document for Liquid Fund
Apr-04-2025
Unifi Mutual Fund has filed offer document with SEBI to launch an open-ended liquid scheme named ‘Unifi Liquid Fund'. The New Fund Offer price for units would be Rs 1000 during the NFO period. Entry load will be nil and Exit load if Units Redeemed/Switched  out within  1  day from  the  date  of allotment will be 0.0070%; if Units Redeemed/Switched out within 2 day from  the  date of allotment will be 0.0065%; if Units Redeemed/Switched out within 3 day from the date of allotment will be 0.0060%; if Units Redeemed/Switched out within 4 day from the date of allotment will be 0.0055%; if Units Redeemed/Switched out within 5 day from the date of allotment will be 0.0050%; if Units Redeemed/Switched out within 6 day from the date  of allotment will be 0.0045%; if Units Redeemed/Switched  out within day from the date of allotment will be NIL. The Scheme offers Growth Option for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.

The performance of the scheme will be benchmarked against Nifty Liquid Index A-I (TRI). The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to invest in money market and debt instruments with maturities of up to 91 days with an objective to provide a high level of liquidity and reasonable returns. 

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