Description
UNION Mutual Fund launches UNION DIVERSIFIED EQUITY ALL CAP ACTIVE FOF - NFO with SIP facility from September 1-15, 2025, with allotment on September 22, 2025.
Summary
UNION Mutual Fund will launch UNION DIVERSIFIED EQUITY ALL CAP ACTIVE FOF - NFO with SIP facility on BSE StAR MF Platform from September 1-15, 2025. The scheme offers 6 plan variants covering Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options.
Key Points
- NFO period: September 1-15, 2025
- Allotment date: September 22, 2025
- 6 scheme variants available (Regular/Direct plans with different dividend options)
- SIP facility available during NFO period
- Extended trading till midnight on September 15, 2025 for lumpsum purchases only
- Clear funds must be available in ICCL Account by 6:00 PM on September 19, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
- SIP/XSIP registrations must be authenticated before 3:00 PM on NFO closure date
- Clear funds required in ICCL account by 6:00 PM on September 19, 2025 for allotment
- Cheques and OTM payments acceptable subject to clear funds receipt by deadline
Important Dates
- NFO Start Date: September 1, 2025
- NFO End Date: September 15, 2025 (extended till midnight for lumpsum)
- Clear Funds Deadline: September 19, 2025 (6:00 PM)
- Allotment Date: September 22, 2025
- SIP Authentication Deadline: September 15, 2025 (3:00 PM)
Impact Assessment
Low market impact as this is a routine NFO launch. Provides additional investment options for mutual fund investors on BSE StAR MF Platform. No impact on existing securities or trading operations.
Impact Justification
Routine NFO launch announcement with standard operational procedures