Union Mutual Fund launches Union Corporate Bond Fund
by
NEWS TEAM | on May 7, 2018
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 multiples of Rs. 1/- thereafter
Plan/ Options available – Regular Plan and Direct Plan having Growth Option & Dividend Option.