Unifi Mutual Fund introduces liquid fund
Unifi Mutual Fund has launched a Unifi liquid fund, an open-ended debt scheme classified under the liquid fund category. The NFO opens for subscription on June 04, 2025 and closes on June 06, 2025. Entry Load will be nil for the scheme. Exit Load will be calculated as a percentage of redemption proceeds Day 1 - 0.0070%, Day 2 - 0.0065%, Day 3 - 0.0060%, Day 4 - 0.0055%, Day 5 - 0.0050%, Day 6 - 0.0045% and Day 7 onwards - 0.0000%. The minimum subscription amount is Rs 5000.
The performance of the Scheme will be benchmarked with Nifty Liquid Index A - I (TRI) and its fund managers are Saravanan V N and Karthik Srinivas.
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.
