Archive · 26 Jun 2025
Union Mutual Fund Launches Low Duration Fund
Imagine you have some money you won't need for a few months.
The Union Low Duration Fund is like a special savings account that invests in safe things like government bonds and short-term loans.
It's designed for people who want to earn a little extra money on their savings, without taking big risks.
The fund opens June 26 and closes July 10, and aims to keep the investments for a short time, between 6 and 12 months, which means you could get your money back relatively quickly if you need it.
Union Mutual Fund has launched the Union Low Duration Fund.
The fund targets investors with a short-term investment horizon of 3 to 12 months.
The New Fund Offer (NFO) opens June 26 and closes July 10.
The fund will invest in a mix of debt and money market instruments.
The fund aims to maintain a Macaulay duration between 6 to 12 months.
- Who
- Union Mutual Fund is offering the fund, targeting investors.
- What
- Union Mutual Fund launched Union Low Duration Fund.
- When
- The New Fund Offer (NFO) opens on June 26 and closes on July 10.
- Where
- Not explicitly stated in the article.
- Why
- To provide a short-term investment option and offer structure, timing, and a role for short-term money.
- Fund Name
- Union Low Duration Fund
- Investment Horizon
- 3 to 12 months
- NFO Open Date
- June 26
- NFO Close Date
- July 10
- Investment Strategy
- Debt and money market instruments
- Macaulay Duration
- 6 to 12 months