| Mutual Fund |
Union Mutual Fund |
| Scheme Name |
Union Active Momentum Fund |
| Objective of Scheme |
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. |
| Scheme Type |
Open Ended |
| Scheme Category |
Equity Scheme – Sectoral/ Thematic |
| New Fund Launch Date |
28-Nov-2024 |
| New Fund Earliest Closure Date |
|
| New Fund Offer Closure Date |
12-Dec-2024 |
| Indicate Load Seperately |
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. NIL if redeemed or switched out on or before completion of 1 year |
| Minimum Subscription Amount |
Rs 1000 and multiple of Rs 1 thereafter |
