New Fund Offer Updates

Company  Union Asset Management Company Pvt. Ltd.
Scheme Name  Union Active Momentum Fund-Reg(G)
Scheme Type  Open ended scheme
Theme  
Benchmark Index  NIFTY 500 - TRI
Fund Manager  Gaurav Chopra , Sanjay Bembalkar
Category  Equity - Thematic Fund - Other
Initial Offer Price ()  10
Minimum Investment ()  1000
Additional Investment ()  1000
Objective  The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum - based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will beselected, weighted and rebalanced using proprietary screens.
Max Entry Load%:  
Max Exit Load%:  1
Option Type  Growth, IDCW

Investment Pattern

TypeMinMax
Equity and equity-related instruments related to momentum Theme80100
Debt and Money Market Instruments including units of debt oriented MF schemes020
Units issued by REITs and InvITs010

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.