Union Multicap Fund NFO Review

Union Mutual Fund is launching a new multi cap fund, Union Multicap Fund, that offers a diversified portfolio by investing across market caps.
The New Fund Offer (NFO) period for the Union Multicap Fund is from 28th November 2022, to 12th December 2022. The scheme re-opens for continuous repurchases and sale on 26th December 2022.

Investment Objective: The investment objective of the Scheme is to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

Fund Details

Fund Name	Union Multicap Fund
NFO Opening Date	28th November 2022
NFO Closing Date	12th December 2022
Re-open Date	26th December 2022
Type of Fund	Multicap Fund
Fund Manager	Mr. Vinay Paharia and Mr. Sanjay Bembalkar
Minimum Investment Amount	INR 1,000
Minimum Additional Purchase Amount	INR 1,000
Exit Load	0-1%
Suitability	Very High Risk
Benchmark	Nifty 500 Multicap 50:25:25
Plans and Options	Direct and Regular Plan Growth and Income Distribution cum Capital Withdrawal (IDCW) Option

NOTE:

• All additional investment amounts should be multiple of INR 1
• Minimum SIP/SWP for Monthly frequency is INR 1,000. 

Who Can Invest in Union Multicap Fund NFO?

Union Multicap Fund is a diversified equity mutual fund and best suits investors looking to invest in the equity sector. The scheme spreads its assets dynamically, providing exposure in all market caps (large, mid and small cap) at all points in time. Therefore, investors who prefer a disciplined investment approach over timing the market can consider investing in Union Multicap fund. This multicap fund suits investors having an investment horizon of minimum 5 years or more as it helps in long term wealth creation. 

Popular Funds by Union Mutual Funds

• Union Balanced Advantage Fund
• Union Flexi Cap Fund
• Union Small Cap Fund
• Union Midcap Fund
• Union Hybrid Equity Fund

Fund Manager

Mr. Vinay Paharia

Mr Vinay Paharia is the Chief Investment Officer (CIO) at Union Asset Management Company Pvt Ltd. He holds B.Com and M.M.S degree. He had more than 18 years of industry experience. Prior to Union, he was with Invesco Asset Management (India) Private Limited as Fund Manager – Equity, DBS Cholamandalam AMC, K. R.  Choksey Shares and Securities Pvt Ltd., and First Global Stockbroking Pvt. Ltd. as an Equity Research Analyst.

Mr. Sanjay Bembalkar

Mr Sanjay Bembalkar is a CFA charter holder – CFA Institute, USA, and a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI). He has also done M.Sc. (Accounting and Finance) from the London School of Economics. Mr Bembalkar has mroe than 14 years of industry experience. His prior assosciations were with Canara Robeco Asset Management Company Limited as Fund Manager – Equities and Research Analyst, LIC Mutual Fund Asset Management Limited and Quantum Advisors Private Limited in various capacities.

Other Funds Managed

• Union Long Term Equity Fund Growth
• Union Equity Savings Fund Regular Growth
• Union Value Discovery Fund Regular Growth
• Union Focused Fund Regular Growth
• Union Large & Midcap Fund Regular Growth

Asset Allocation

Instruments	Minimum Allocation	Maximum Allocation	Risk Profile
Equity & Equity Related Instruments of Large Cap Companies	25%	50%	Very High
Equity & Equity Related Instruments of Mid Cap Companies	25%	50%	Very High
Equity & Equity Related Instruments of Small Cap Companies	25%	50%	Very High
Debt and Money Market Instruments	0%	25%	Low to Medium
Units issued by REITs and InvITs	0%	10%	Very High

_{Similar Mutual Funds}

• Nippon India Multi Cap Fund
• HDFC Multicap Fund
• Aditya Birla Sun Life Multi cap Fund
• TATA Flexi Cap Fund
• Axis Multicap Fund

Frequently Asked Questions

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