26 December, 2024 17:21 IST
Resource id #5
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Union Active Momentum Fund
Union KBC MF
Scheme Details
Scheme opens on 28-NOV-24
Scheme closes on 12-DEC-24
Objective Equity
Type Open
Information 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.
Issue Price(Rs.) 10
Minimum Subscription Rs. 1000 and in multiples of Re. 1 thereafter.
Plans Available The Scheme Offers Regular and Direct Plan with Growth Option and IDCW Option with Payout, Reinvestment and Transfer Facility.
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