Unifi Mutual Fund launches dynamic asset allocation fund as its maiden scheme
Unifi Mutual Fund launches Unifi Dynamic Asset Allocation Fund, a fund that aspires to deliver meaningful returns that beat inflation across economic cycles.
The new fund offer or NFO of the scheme is open for subscription and will close on March 7. The scheme will reopen for continuous sale and repurchase on March 21.
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The scheme is suitable for investors looking for low volatile, inflation-beating returns over an investment horizon of two years or more, according to a release by the fund house.
The strategy is to invest in a diversified portfolio of debt, equity and arbitrage instruments with an endeavour to generate consistent returns with minimal volatility and downside risks. The investment strategy will be active in nature. The allocation between debt and equity will be managed dynamically with an intent to generate income and capital appreciation opportunities.
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