Here is all you need to know about Union Retirement Fund NFO:
1) The New Fund Offer (NFO) of the scheme which opened today, 1st September 2022 will close on 15th September 2022.
2) The minimum investment required is ₹1,000 and in multiples of Rs. 1 thereafter.
3) The allotment date will be 22nd September 2022 and the Scheme will re-open for ongoing sale and repurchase on 29th September 2022.
4) The Scheme is benchmarked against S&P BSE 500 Index (TRI) and will be managed by Vinay Paharia and Sanjay Bembalkar.
5) Union AMC started its operations in 2011. It is co-sponsored by Union Bank of India and Dai-ichi Life Holdings. Union AMC currently manages nineteen open ended Schemes of which eight are categorized as Equity Schemes, seven as Debt Schemes and four as Hybrid Schemes.
