Union Mutual Fund launches Union Gold ETF Fund of Fund
by
NEWS TEAM | on Feb 10, 2025
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.