21-05-2025
Unifi Mutual Fund launches second NFO
Chennai: Unifi Mutual Fund, part of the Unifi Group, has launched the second New Fund Offer (NFO). It comes after the first fund – Unifi Dynamic Asset Allocation Fund – with a debt-oriented proposition generated an AUM of more than Rs 620 crore within two months of its launch in March this year.
The NFO, which was launched on May 19 is available till May 30, 2025. This open-ended equity scheme has the flexibility to invest across large-cap, mid-cap, and small-cap stocks, the company said in a statement on Tuesday. The flexicap fund is the second of three funds that it intends to launch in the initial phase, it added.
'The flexicap fund is our singular offering in the equity segment and enables us to stay focused on achieving long-term capital appreciation. Our portfolio construction approach would be to typically have 40 to 60 positions across five or more sectors offering growth tailwinds and reasonable valuations,' said Saravanan V N, CIO, Unifi Mutual Fund.
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