NFO Alert: Unifi Mutual Fund Launches Unifi Dynamic Asset Allocation Fund

Unifi Mutual Fund is launching the Unifi Dynamic Asset Allocation Fund, an open-ended scheme under the hybrid category. The fund will be available for subscription from March 3, 2025, to March 7, 2025. The minimum investment amount is ₹5,000, and there is no lock-in period. The exit load is 1.5% for redemptions beyond 20% of the investment within 12 months. The scheme is available in both Regular and Direct Plans.

Investment Strategy

The fund follows a dynamic asset allocation approach, adjusting its investments across equities, fixed-income securities, and equity derivatives depending on market conditions. The allocation between these asset classes is not fixed and can range from 0% to 100% in each category. The fund may also use derivatives and arbitrage strategies to manage risk.

Fund Manager

The scheme will be managed by Saravanan V N, who has 24 years of experience in financial services. He has previously managed equity and debt alternative investment funds (AIFs) and portfolio management across asset classes.

Risk and Benchmark

The fund carries a high-risk rating due to its exposure to equities and market fluctuations. Its performance will be measured against the CRISIL Hybrid 50+50 Moderate Index, which consists of 50% BSE 200 equities and 50% CRISIL Composite Bond Fund Index.

Features

The New Fund Offer (NFO) details are as follows:

• Fund House: Unifi Mutual Fund
• Category: Hybrid – Dynamic Asset Allocation
• Type: Open-ended
• Plans Available: Growth 
• Exit Load: 1.5% for redemption beyond 20% within 12 months
• Benchmark: CRISIL Hybrid 50+50 Moderate Index
• Risk: High

Who Can Consider This Fund?

As per the filing, the fund is intended for investors looking for a mix of equity and fixed-income investments without a fixed allocation. The returns are market-dependent, and investors should evaluate their risk tolerance before investing.

This is a new fund offer (NFO), so there is no past performance data available. Investors can check the Unifi Mutual Fund website for further details.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.