Union MF introduces Diversified Equity All Cap Active FOF
Union Mutual Fund has launched Union Diversified Equity All Cap Active FOF, an open-ended Fund of Fund Scheme investing in units of Equity Oriented Schemes that are based on varied market caps. The NFO opens for subscription on September 01, 2025 and closes on September 15, 2025. The Entry Load is not applicable for the scheme. The Exit load will be 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units and Nil - if redeemed or switched out after completion of 1 year from the date of allotment of units. The minimum subscription amount is Rs 1,000 and in multiples of Rs. 1 thereafter.
The performance of the Scheme will be benchmarked with BSE 500 Index (TRI) and its fund managers are Gaurav Chopra and Pratik Dharmshi.
The investment objective of the Scheme is to provide capital appreciation over long term by predominantly investing in Equity Funds which are based on varied market caps and in accordance with the asset allocation of the FoF.
