Union KBC Mutual Fund increases the face value of Liquid Fund
Mumbai: Union KBC Mutual Fund has increased the face value of Union KBC Liquid Fund to Rs 1,000 per unit from Rs 10 per unit with effect from October 2, 2011.
Union KBC Liquid Fund is an open ended liquid scheme with the investment objective to provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities. It is benchmarked against CRISIL Liquid Fund Index.
