Description
Union Mutual Fund launches new equity fund of funds with six scheme variants available for trading from September 1-15, 2025.
Summary
NSE announces the launch of Union Diversified Equity All Cap Active Fund of Funds (FOF) on the NSE MF Invest Platform. The scheme will be available for transactions from September 1, 2025 to September 15, 2025, with allotment scheduled for September 22, 2025.
Key Points
- Six scheme variants launched: Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options
- All schemes categorized under Equity with unique ISIN codes
- Transaction window: September 1-15, 2025
- Members must ensure clear funds are received before NFO closing date
Regulatory Changes
No regulatory changes introduced. This is a routine new fund offering announcement.
Compliance Requirements
- Members must ensure clear funds through any payment mode are received in designated Clearing Corporation account
- Funds must be received on or before NFO closing date (September 15, 2025)
Important Dates
- Transaction Period: September 1, 2025 to September 15, 2025
- Allotment Date: September 22, 2025
- NFO Closing Date: September 15, 2025
Impact Assessment
Minimal market impact as this is a standard mutual fund launch. Provides additional investment options for investors seeking diversified equity exposure through fund of funds structure. No direct impact on stock prices or trading operations.
Impact Justification
Routine mutual fund launch with limited market impact