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News Union Mutual Fund launches Union Gold ETF Fund of Fund
Feb 10, 2025
Mutual Fund
Union Mutual Fund launches Union Gold ETF Fund of Fund
NFO period: 10th February - 24th February, 2025
Highlights of the NFO:
- Scheme type - An open-ended Fund of Fund scheme investing in units of Union Gold ETF
- Investment objective - The investment objective of the scheme is to generate long-term capital appreciation by investing in units of Union Gold ETF. However, there is no assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking capital appreciation over long term predominately by investing in units of Union Gold ETF.
- Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum capital withdrawal Plan - Payout Option, Reinvestment Option and Transfer Option.
- Fund Managers - Mr. Vinod Malviya
- Benchmark - Domestic Price of Physical Gold
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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