Description
Union Consumption Fund of Union Mutual Fund will be reopened for ongoing subscriptions, redemptions, and systematic facilities (SIP, STP, SWP) on NSE MF Invest Platform effective December 26, 2025.
Summary
The Union Consumption Fund of Union Mutual Fund will be reopened for ongoing subscriptions and redemptions along with systematic investment facilities (SIP, STP, SWP) on the NSE MF Invest Platform effective December 26, 2025. This circular notifies all members of the availability of six schemes under the Union Consumption Fund across regular and direct plans with different dividend options.
Key Points
- Union Consumption Fund reopening for ongoing transactions on NSE MF Invest Platform
- Six equity schemes available: Regular Growth, Regular IDCW Reinvestment, Regular IDCW Payout, Direct Growth, Direct IDCW Reinvestment, and Direct IDCW Payout
- All schemes classified under Equity category
- Facilities include subscriptions, redemptions, SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan)
- Effective date: December 26, 2025
Scheme Details
| Scheme Name | ISIN | Category |
|---|---|---|
| Union Consumption Fund Regular Growth | INF582M01MD2 | Equity |
| Union Consumption Fund Regular IDCW Reinvestment | INF582M01MF7 | Equity |
| Union Consumption Fund Regular IDCW Payout | INF582M01ME0 | Equity |
| Union Consumption Fund Direct Growth | INF582M01MH3 | Equity |
| Union Consumption Fund Direct IDCW Reinvestment | INF582M01MJ9 | Equity |
| Union Consumption Fund Direct IDCW Payout | INF582M01MI1 | Equity |
Regulatory Changes
No regulatory changes. This is an operational update regarding the reopening of previously unavailable schemes for transactions.
Compliance Requirements
Members can facilitate transactions in the listed Union Consumption Fund schemes through the NSE MF Invest Platform starting December 26, 2025. No specific compliance actions required beyond normal mutual fund transaction procedures.
Important Dates
- Circular Date: December 24, 2025
- Effective Date: December 26, 2025 - Union Consumption Fund schemes become available for ongoing transactions
Impact Assessment
Minimal market impact. This circular provides operational information for NSE members and investors regarding the availability of Union Consumption Fund schemes. The reopening expands investment options on the NSE MF Invest Platform for investors interested in consumption-themed equity funds. Contact support at support@nseinvest.com or toll-free at 1800 2100 940 for assistance.
Impact Justification
Operational update for specific mutual fund schemes reopening for transactions. Limited to Union Consumption Fund schemes on NSE platform with no broader market or regulatory implications.