In view of the rapidly increasing consumption and consumer demand in the country, Union Mutual Fund has launched a new New Fund Offer (NFO). This scheme gives investors an opportunity to be a part of this phase of economic growth and invest in companies associated with the consumer sector in the market.
Features of NFO
This new NFO of Union Mutual Fund is specially designed for investors who are interested in medium to long term investments. The objective of the scheme is to invest in companies showing growth in consumer goods, retail, FMCG and services sectors.
Experts say that in this era of increase in consumption and strengthening of economic activities, this NFO can be attractive for investors. The scheme has the possibility of both dividend and capital gain on the amount deposited.
Why is this occasion special
There has been a steady increase in the consumption of the middle class in India over the last few years. Due to this, there is a rise in the shares of companies in FMCG, retail and consumer services sectors. In such a situation, by investing in this NFO, investors get the opportunity to directly become a part of the profits of these sectors.
Investors have been given flexible investment options in the scheme. You can also start investing with a small amount and make regular investments through SIP (Systematic Investment Plan). In this way investors can take stake in the scheme as per their budget.
expert opinion
Finance experts say that this NFO provides an opportunity for strategic investment as per the current market conditions. Experts also said that the growth of consumption-based companies has the potential to deliver stable returns in the long run.
According to experts, investors should invest under this scheme for long term. Investing in NFO keeps the risk limited and investors can gradually build their portfolio in the market.
how to invest
Investors can invest in this NFO directly through the website of Union Mutual Fund or through authorized distributors. The minimum investment amount in the scheme has been kept low, making it accessible to both new and experienced investors.
Both open and closed options are available in the scheme. Investors can choose the scheme as per their convenience.
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