Unifi Mutual Fund introduces Unifi Flexi Cap Fund, new fund offer closes on May 30

Unifi Mutual Fund has introduced Unifi Flexi Cap Fund. The new fund offer (NFO) closes on May 30.

The company in a statement said that this open-ended equity scheme has the flexibility to invest across large-cap, mid-cap, and small-cap stocks.

“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. 

Unifi Mutual Fund launched their first fund – Unifi Dynamic Asset Allocation Fund – two months ago and it already has AUM of ₹600 crore. The Flexicap Fund is the second of three funds that they intend to launch in their initial phase.