Subscription of Union Mutual Fund’s ‘Union Active Momentum Fund’ will close on December 12.

Union Mutual Fund’s ‘Union Active Momentum Fund’ has brought a special opportunity for investors. This fund was launched on 28th November and its NFO (New Fund Offer) is going to close on 12th December. However, what comes as a relief to investors is that within five business days of allotment to the scheme, it will reopen for sales and repurchase.

Let us know the features of this fund and the benefits of investing in it.

NFO will close on 12th December

Union Mutual Fund’s new NFO ‘Union Active Momentum Fund’ will be open for investors till December 12, 2024. It is an open-ended equity scheme, the main objective of which is to invest in stocks that show strong momentum. This means that this fund will invest in those stocks which are showing upward trend so that investors can get better returns.

What is the specialty of this fund?

1. Use of Proprietary Quantitative Models

A special proprietary quantitative model is used in this fund. This model has been successfully tested on various parameters for the last 15 years. This model is used based on the stocks’ performance, return volatility, strength, and liquidity.

2. Based on Momentum Theme

This fund mainly focuses on the momentum theme. Its aim is to invest in stocks showing bullishness in the market so that capital growth can be ensured in the long term.

3. Investment Strategy

• Value: Investing in stocks that are trading below their intrinsic value.
• Growth: Investing in stocks that are showing high growth rates.
• Volatility: Selection of stocks with the ability to withstand market fluctuations.
• Momentum: Investing in stocks that have strong momentum.

4. Objective of long term capital appreciation

This fund is a good option for long term investors as it aims to achieve capital growth by investing in stocks with sustained momentum.

Other Related Funds: Tata BSE Business Group Index Fund

Another NFO has come in the market in the same period, namely ‘Tata BSE Business Group Index Fund’. This fund was open for subscription till 9 December. However, it will again be available for sale and repurchase till December 18.

Why Invest in ‘Union Active Momentum Fund’?

1. Smart Investment Strategy:
   Due to its momentum based investment strategy, this fund can identify fast growing stocks.
2. Experts’ analysis:
   The use of models based on 15 years of data makes it a reliable investment option.
3. Liquidity:
   It is an open-ended fund, which means you can buy or sell it at any time.
4. risk management:
   Investments are made by analyzing fluctuations and other risks.