HomeMutual FundUnion Retirement Fund - Union Mutual Fund files offer document with SEBI

Union Retirement Fund – Union Mutual Fund files offer document with SEBI

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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”

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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 FundUnion Mutual Fund
Scheme NameUnion Retirement Fund
About Schemean openended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)
Offer of UnitRs.10
Objectiveto 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 ManageMr. 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 beEquity andEquity related instruments (65% to 80%)
Debt and Money Market Instruments (10% to 35%)
Units issued by REITs and InvITs (upto 10%)
RiskometerVery High
DRHPClick here

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