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Union KBC Liquid Fund: Change in Face Value


Union KBC Mutual Fund has announced a change in the face value per unit of Union KBC Liquid Fund, with effect from October 2, 2011.
The face value per unit under all the options has been increased from Rs. 10 to Rs. 1000. Accordingly, the NAV per unit will be reset to reflect the change in the face value per unit and the balance unit holding of investors will reduce proportionately. However, this decline will not have any impact on the current value of investments.