Bengaluru, Aug. 21 -- Union Mutual Fund today announced the launch of the Union Diversified Equity All Cap Active Fund of Funds (FOF), a first-of-its-kind equity investment vehicle aimed at simplifying fund choices for retail investors. Launching the fund, Madhu Nair, MD & CEO of Union Asset Management Company, said: "Investors today are overwhelmed with the sheer number of schemes and categories. Through this Fund of Funds, we are offering them a one-stop, tax-efficient solution that dynamically adjusts across market caps. It takes away the burden of timing, selection, and switching, while ensuring that professional fund managers make decisions in their best interest." The fund has been positioned as a response to the growing complexity of...