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Union Active Momentum Fund (G) Direct
[Equity: Thematic]
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Fund Details
Fund Type Growth Launch Date 28 Nov 2024
Corpus(Cr.) 385.0 Scheme NAV 7.78
Equity(%) 89.11 52 Week High 10.35
Debt(%) 10.89 52 Week Low 7.6
Others(%) 0.0 Exit Load 1% for redemption within 1 year
Minimum Investment - Availability Open
Entry Load - Expense Ratio(%) 1.06
Scheme Benchmark NSE - Nifty 500 TRI Broader Benchmark NSE - Nifty 50 TRI
 
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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