myplexus

NFO Monitor

Fund Fact

Name of Funds:

Union Retirement Fund

Opening:

1st September 2022

Closing:

15th September 2022

Minimum Investment:

Rs. 1000/- and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

Nil

Fund Stats

Objective:

The investment objective of the Scheme is to generate long term capital gains by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide a retirement investment solution to investors.

Benchmark:

BSE 500

Fund Manager:

Vinay Paharia, Sanjay Bembalkar

Asset Allocation

65-100% Equity upto 35% Money Market

Comparable existing schemes

Nippon India Retirement Fund	6.36(6M)	2.50(1Y)
Aditya Birla Sun Life Retirement Fund	6.07(6M)	-1.12(1Y)

Fund Prognosis

Idea Distiller

The retirement segment is perhaps the least addressed segment in the MF industry even though it actually makes sense for long term investors to plan their retirement through long term equity investment. And this scheme is planning to tap into this segment.

Fund House AAUM:
Rs. 812249.70 lakhs (as on June 30, 2022)
Fund Manager:
Combined experience of over 20 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Long term seems boring but it is profitable. Over time, the best performer and the worst performer is unlikely to have a huge percentage gap, even though the absolute difference will be big. But even if the top performance does not come into the scheme, it will make more than other long term assets. And tax efficient too. Go for it.

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