Union MF launches its multicap fund

Union Mutual Fund has launched Union Multicap Fund, an open-ended equity scheme that will invest across market capitalization.
The fund aims to follow a mix of top-down and bottom-up approach to identify opportunities in large, mid and small cap space.
In a press release, G. Pradeepkumar, CEO, Union MF said, “Empirical data shows that different market caps perform differently in different periods and it is not easy to gauge which segment will outperform and which will underperform. The fund endeavours to enable investors navigate across market caps and provide true diversification by following a disciplined investment approach which ensures that the fund is not over invested in any particular market capitalisation at any point in time.”
Sanjay Bembalkar, Fund Manager, Equity, Union AMC said, “The stock selection approach would consider our process framework of looking at good companies managed by good management through the lens of fair value approach while the portfolio construction approach would be quantamental (fundamental + quantitative) in nature.”