Unifi Mutual Fund has launched a new Open Ended Growth scheme named "Unifi Flexi Cap Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from May 19 to May 30, 2025.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.
The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.
The fund manager of the scheme will be Saravanan V N, while the performance of the scheme will be benchmarked against NIfty 500 Total Return.
The primary goal of the Unifi Flexi Cap Fund is to generate long-term capital appreciation by actively investing in a diversified basket of equity and equity-related instruments across sectors and market capitalisation categories. The fund is positioned for investors with a long-term horizon who are comfortable with higher levels of risk in pursuit of potentially greater returns. While the scheme endeavours to meet its objective, it does not guarantee returns.