Union Retirement Fund
Union Mutual Fund has filed offer document with SEBI to launch an open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier).
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to generate long term capital gains by investing predominantly in equity and equity related securities with a view to provide a retirement investment solution to investors
The fund manager for this scheme is Mr. Vinay Paharia
This product is suitable for investors who are seeking Long Term Capital Appreciation and Investment predominantly in equity and equity related securities with a view to provide a retirement investment solution to investors”
The scheme asset allocation will be
- Equity andEquity related instruments (65% to 80%)
- Debt and Money Market Instruments (10% to 35%)
- Units issued by REITs and InvITs (upto 10%)
The riskometer for this scheme is Very High
| Name of Mutual Fund | Union Mutual Fund |
| Scheme Name | Union Retirement Fund |
| About Scheme | an openended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier) |
| Offer of Unit | Rs.10 |
| Objective | to generatelong term capital gainsby investing predominantly in equity and equity related securities with a view to provide a retirement investment solution to investors |
| Name of Fund Manage | Mr. Vinay Paharia |
| This product is suitable for investors who are seeking | Long Term Capital Appreciation Investment predominantly in equity and equity related securities with a view to provide a retirement investment solution to investors |
| The scheme asset allocation will be | Equity andEquity related instruments (65% to 80%) Debt and Money Market Instruments (10% to 35%) Units issued by REITs and InvITs (upto 10%) |
| Riskometer | Very High |
| DRHP | Click here |
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