Union Mutual Fund launches Union Innovation & Opportunities Fund

NFO period: 16^th August ? 30^th August, 2023

Highlights of the NFO:

• Scheme type - An open-ended equity scheme following innovation theme


• Investment objective ? The investment objective of the scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies. However, there is no assurance that the investment objective of the scheme will be achieved.


• Product suitability ? The product is suitable for investors who are seeking capital appreciation over long term by investing predominantly in equity and equity related securities of innovative companies.


• Minimum Application Amount ? First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available ? Regular Plan and Direct Plan having Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option (Reinvestment of Income Distribution cum Capital Withdrawal Option, Payout of Income Distribution cum Capital Withdrawal Option and Transfer of Income Distribution cum Capital Withdrawal Plan).


• Fund Managers ? Mr. Hardick Bora and Mr. Sanjay Bembalkar


• Benchmark ? Nifty 500 Index^@@@(TRI)