Key Points
Union Mutual Fund announced the launch of the Union Childrens Fund, an open-ended equity scheme following a solution-oriented theme..
The scheme re-opens for continuous sale and repurchase within five days from the date of allotment...
The scheme aims to achieve long-term capital appreciation by investing in a diversified portfolio of securities, including equity, equity-related instruments, and debt instruments, in accordance with its specified asset allocation..
The performance of the scheme will be benchmarked with the S&P BSE 500 TRI Index.The scheme aims to invest in a portfolio of instruments whose risk-return profile is most accurately reflected by the S&P BSE 500 TRI Index (TRI)..
The scheme involves Very High Risk" as per the details mentioned in theScheme Information Document and is best suited to investors willing to understand that their principal will be subject to very high risk only..
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