Union Active Momentum Fund - Regular (G) Equity - Diversified
Plan: OPEN | Option: Growth | Sanjay Bembalkar
09 May 25 | 12:00 AM
8.13 -0.02 (-0.25%)
Scheme Info
Investment Details
Have a look at some key information regarding the Mutual fund which helps in evaluating whether the fund suits your investment objectives
Fund Objective
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum - based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns
Scheme Details
- Fund Type
OPEN
- Inception Date
28-11-2024
- AMC Name
- Minimum Investment
Rs. 1000
- Expense Ratio
2.49
- Exit Load Comment
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units.
