India, Feb. 17 -- Union Mutual Fund has launched a new Open Ended Growth scheme named "Union Midcap 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 Mar 02 to Mar 16, 2020.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.
The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Dividend, Growth.
The fund manager of the scheme will be Vinay Paharia, while the performance of the scheme will be benchmarked against Nifty Midcap 100 Total Return.
The investment objective of the Scheme is to achieve long...