The investment objective of Union Active Momentum Fund Direct (G) is 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..
Union Active Momentum Fund Direct (G) is very high.
The new fund offer (NFO) period for Union Active Momentum Fund Direct (G) is 2024-12-19 to 2024-12-12 with minimum investment amount of ₹ 5,000
Union Mutual Fund is sponsored by Union Bank of India and Dai-ichi Life Holdings, Inc. Union Asset Management Co. Pvt. Ltd. was set up on 30 December 2009 and manages assets worth 7,548 crores. It's current offering of 18 different mutual fund schemes. It is one of the fastest growing asset management companies in India.
