November 27, 2023Business Desk

Union AMC introduces Union Children's Fund

Union Children's Fund Launch: Union AMC introduces Union Children's Fund, a unique investment avenue for children.

Source: Freepik

Sponsorship and Lock-in: Sponsored by Union Bank of India and Dai-ichi Life Holdings, Inc., the fund has a lock-in period of at least 5 years.

Source: Union Mutual Fund

NFO Dates: NFO opens on November 28, 2023, and closes on December 12, 2023.

Source: Freepik

Benchmark and Objective: Benchmarked against S&P BSE 500 Index (TRI), the fund aims for long-term capital appreciation through strategic investments.

Source: BSE