MUTUAL FUNDS
Unifi Mutual Fund files offer document for Dynamic Asset Allocation Fund
Jan-30-2025
Unifi Mutual Fund has filed offer document with SEBI to launch an open-ended dynamic asset allocation fund named ‘Unifi Dynamic Asset Allocation Fund’.The New Fund Offer price would be Rs 10. Entry load will be nil. In case units are redeemed/switched out within 12 months from the date of allotment: for upto 20% of such units - Exit Load will be nil; and in excess of 20% of such units-1.5% of applicable NAV will be charged as Exit Load. In case units are redeemed/switched out after 12 months from the date of allotment, no Exit Load is applicable. The Scheme offers Growth Option for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.

The performance of the scheme will be benchmarked against CRISIL Hybrid 50 + 50 Moderate Index. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the Scheme is to generate income and/or capital appreciation by investing in a dynamically managed portfolio of fixed income instruments, equity & equity derivatives and other permissible equity/hybrid instruments.

  RELATED NEWS >>