MUTUAL FUNDS
Union MF introduces Union Large & Midcap Fund
Nov-15-2019

Union Mutual Fund (MF) has launched the Union Large & Midcap Fund, an open ended equity scheme. The NFO opens for subscription on November 15, 2019 and closes on November 29, 2019. Entry load is nil and Exit load will be 1% if units are redeemed or switched out on or before completion of 1 year from the date of allotment and nil thereafter. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against S&P BSE 250 LargeMidCap Index (TRI) and its fund manager is Vinay Paharia.

The investment objective of the scheme is to seek to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies.

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