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AMC
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Union Asset Management Company Pvt. Ltd.
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Fund
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Union Mutual Fund
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Type
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Open Ended
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Class
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Equity - Sector Fund
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Plan
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Growth, IDCW, IDCW-Reinvestment
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Scheme Profile
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Open Date
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28/11/2024
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Close Date
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12/12/2024
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Initial Price
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10.00
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Min. Investment
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₹ 1000
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Objectives
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The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum - based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
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Fund Manager
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Mr. Gaurav Chopra
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Entry Load
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Nil
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Exit Load
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1
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