India, April 30 -- Union Mutual Fund SIF has launched a new Open Ended Growth scheme named "Arthaya Equity Long Short Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from May 04 to May 18, 2026.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.

The minimum application amount is Rs 10,00,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.

The fund manager of the scheme will be Rajesh Aynor, while the performance of the scheme will be benchmarked against Nifty 200 Total Return.

The investment objective of ...