Union Mutual Fund launches Union Corporate Bond Fund
07 May,   2018 By: Eastern Fin Research Team #Mutual Fund

NFO period: 04th May - 18th May, 2018

Highlights of the NFO:

  • Scheme type - An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds

  • Investment objective - To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. 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 regular income over Medium to long term income by investing in fixed income securities of varying maturities and credit.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiple of Rs. 10/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option & Dividend Option.

  • Fund Manager - Mr. Parijat Agrawal

  • Benchmark - CRISIL Short Term Bond Fund Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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