|Min SIP Amount||Not Supported|
|NAV||₹10.24 (02 Dec 2020)|
|Fund Started||14 Sep 2020|
|Fund Size||₹425 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||8.5%|
|Power Finance Corpn. Ltd.||Financial||NCD||8.5%|
|State Bank of India||Financial||NCD||8.4%|
|National Housing Bank||Financial||Bonds/NCD||6.2%|
|Power Grid Corporation of India Ltd.||Energy||NCD||6.2%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||6.1%|
Union Medium Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 14 Sep 2020. Parijat Agrawal is the Current Fund Manager of Union Medium Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹425 Cr and the Latest NAV as of 02 Dec 2020 is ₹10.24.
The Union Medium Duration Fund Direct Growth is rated Moderate risk. Exit load of 1%, if redeemed within 15 days.
The scheme seeks to generate income and capital appreciation by investing in Fixed Income Securities and Money Market Instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.