myplexus

NFO Monitor

Fund Fact

Name of Funds:

Union Multi Asset Allocation

Opening:

20th August 2024

Closing:

3rd September 2024

Minimum Investment:

Rs.1,000/- and in multiples of Re. 1/-thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

1% of NAV if units are redeemed/switched out on or before completion of 15 days from the date of allotment.

Fund Stats

Objective:

The Scheme seeks to generate long-term capital appreciation by investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments, units of Gold Exchange Traded Funds (ETFs) and / or Silver ETFs and units of REITs & InvITs as per the asset allocation pattern of the Scheme.

Benchmark:

NIFTY 50

Fund Manager:

Hardick Bora, Sanjay Bembalkar, Anindya Sarkar

Asset Allocation

65-80% Equity 10-25% Money Market

10-25% Debt upto 10% Others

Comparable existing schemes

ICICI Prudential Multi-Asset Fund	13.67(6M)	30.39(1Y)
Axis Multi Asset Allocation Fund	16.42(6M)	25.46(1Y)

Fund Prognosis

Idea Distiller

A fast growing category with enormous potential for retail penetration.

Fund House AAUM:
Rs 1611145.84 Lakhs(as on 30th June, 2024)
Fund Manager:
Combined experience of above 18 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

It is a conservative growth category with a competitive edge over fixed income over the medium term.

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