Know extra concerning the newest New Fund Supply – Union Targeted Fund – Common Plan-Development, launched on 15th July 2019.
In regards to the fund:
Union Targeted Fund is an open-ended fairness scheme investing in most 30 shares throughout market caps (i.e. MultiCap)
- AMC Title: Union Mutual Fund
- Supply Worth: ₹10 per unit
- Fund Supervisor: Vinay Paharia
- Benchmark Index: S&P BSE 500 Index (TRI)
- Minimal Funding for Lumpsum: ₹5,000 and in multiples of ₹1 thereafter.
- Minimal SIP Funding:
- Month-to-month: ₹2,000 and in multiples of ₹1 thereafter.
- Quarterly: ₹5,000 and in multiples of ₹1 thereafter.
- Exit Load: 1% if redeemed inside 1 12 months (twelve months) from the date of allotment. NIL if redeemed after 1 12 months (twelve months) from the date of allotment.
- Open Date: 15th July 2019
- Shut date: twenty ninth July 2019
Suitability and Riskometer:
Mutual Fund investments are topic to market dangers. Learn all scheme associated paperwork fastidiously.
That is an informational article and never any recommendation for funding. Please discuss to your advisor for taking an funding choice.
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