MUTUAL FUNDS
Union MF introduces Low Duration Fund
Jun-26-2025

Union Mutual Fund has launched Union Low Duration Fund, an open-ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. The NFO opens for subscription on June 26, 2025 and closes on July 03, 2025. No Entry Load is charged and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Rs 1 thereafter.

The performance of the Scheme will be benchmarked with Nifty Low Duration Debt Index A-I and its fund managers are Devesh Thacker and Parijat Agrawal.

The Investment objective of the scheme is to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns such that the Macaulay Duration of the portfolio is between 6 months to 12 months.


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