Union Active Momentum Fund - Direct (G) - NFO
Scheme 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
Fund House Details
Union Mutual Fund
| Fund Name | Rating | 3 Year CAGR | 5 Year CAGR |
|---|---|---|---|
|
Union Small Cap Fund - Direct Growth |
2★ | 24.02% | 31.43% |
|
Union Midcap Fund - Direct Growth |
2★ | 22.26% | - |
|
Union Value Fund - Direct Growth |
2★ | 20.84% | 21.50% |
|
Union Large & Midcap Fund - Direct Growth |
2★ | 17.38% | 21.72% |
|
Union ELSS Tax Saver Fund - Direct Growth |
3★ | 17.34% | 20.65% |
Fund House Contact Details
FAQs
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
Open date of Union Active Momentum Fund - Direct (G) 28 Nov 2024
Close date of Union Active Momentum Fund - Direct (G) 12 Dec 2024
The minimum investment amount of Union Active Momentum Fund - Direct (G) ₹1000
The Fund Manger of Union Active Momentum Fund - Direct (G) is Sanjay Bembalkar
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