Union AMC launches Union Hybrid Equity Fund
4 years, 1 month ago

Union AMC launches Union Hybrid Equity Fund

Live Mint  

Union AMC has launched Union Hybrid Equity Fund. Different asset classes do not generally move in tandem and hence taking exposure to Union Hybrid Equity Fund which inherently offers a combination of equity and debt can be a good choice for investors looking for a balanced approach to asset allocation. All investment decisions in this scheme portfolio will be guided by our strong investment process," says G. Pradeepkumar, Chief Executive Officer, Union Asset Management Company. The allotment of the units under Union Hybrid Equity Fund would be done on December 18 and it will re-open for continuous sale and repurchase on December 28 2020.

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Union Retirement Fund NFO opens today; Key things to know before subscribing
2 years, 4 months ago

Union Retirement Fund NFO opens today; Key things to know before subscribing

Live Mint  

Union Asset Management Company has announced the launch of a new fund offer on September 1 namely Union Retirement Fund. The scheme comes with a compulsory lock-in of 5 years or retirement age whichever is earlier and offers only an equity investment plan. The main objective of the scheme is to generate long termlong-term capital gains by investing in a …

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