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Union Active Momentum Fund Reg (G) |
[Equity: Thematic] |
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Fund Details |
Fund Type |
Growth |
Launch Date |
28 Nov 2024 |
Corpus(Cr.) |
385.0 |
Scheme NAV |
7.76 |
Equity(%) |
89.11 |
52 Week High |
10.35 |
Debt(%) |
10.89 |
52 Week Low |
7.58 |
Others(%) |
0.0 |
Exit Load |
1% for redemption within 1 year |
Minimum Investment |
- |
Availability |
Open |
Entry Load |
- |
Expense Ratio(%) |
2.43 |
Scheme Benchmark |
NSE - Nifty 500 TRI |
Broader Benchmark |
NSE - Nifty 50 TRI |
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Scheme Objective |
The Scheme seeks 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. |
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