Union Multi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Ashish Ranawade is the Current Fund Manager of Union Multi Cap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹308 Cr and the Latest NAV as of 15 Nov 2019 is ₹21.48.
The Union Multi Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..
To achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities. However there can be no assurance that the investment objective of the scheme will be achieved.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year.