Unifi MF introduces Dynamic Asset Allocation Fund
Unifi Mutual Fund has launched Unifi Dynamic Asset Allocation Fund, an open-ended dynamic asset allocation fund. The NFO opens for subscription on March 03, 2025 and closes on March 7, 2025. The Entry Load is nil for the scheme. In respect of each purchase of units via Lumpsum /Switch In/ Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP-in), Exit Load on redemption/ switch out will be determined as follows: In case units are redeemed/switched out within 12 months from the date of allotment: Upto 20% of such units - Exit Load will be ‘Nil’ & In excess of 20% of such units - 1.5% of applicable NAV will be charged as Exit Load. In case units are redeemed/switched out after 12 months from the date of allotment, no Exit Load is applicable. The minimum subscription amount is Rs 5,000 and in multiples of Re. 1 thereafter.
The performance of the scheme will be benchmarked against CRISIL Hybrid 50 + 50 Moderate Index and its fund managers are Saravanan V N, Aejas Lakhani and Karthik Srinivas.
The investment objective of the scheme is to generate income and/or capital appreciation by investing in a dynamically managed portfolio of fixed income instruments, equity & equity derivatives and other permissible equity/hybrid instruments.
