Important Alert

It has come to the notice that some unscrupulous persons are misrepresenting themselves as Mr. Harshad Patwardhan - Chief Investment Officer (CIO) of Union Asset Management Company Private Limited ('the AMC') or his associates. There are few fake/ deceptive/ fraudulent group(s) and fake mobile applications created on social media platform under different names impersonating Union Mutual Fund ('the Fund'), it's logo and misusing the name of the Chief Investment Officer of the AMC and also using the personal identity of the Company Secretary of the AMC, thereby engaging in fraudulent activities such as providing stock tips, contest, video, teasers, etc., to lure members of public in investment and or trading activity for their unlawful gains and under the pretence of offering legitimate investment opportunities.

We have learnt that some of the platforms being used by these impostors are as follows:

In order to caution the public in general, we would like to inform that the AMC, Union Mutual Fund, Union Trustee Company Private Limited ('Trustee Company'), Employees and Directors of the AMC / the Trustee Company are in no way associated with these fake/fraudulent/ deceptive WhatsApp groups and shall not be responsible for, and expressly disclaims all liabilities for, damages of any kind arising out of the use of, reference to, or reliance on any information obtained from any of the aforesaid WhatsApp groups, and/or any other channel / platform we are not aware of.

We hereby advise everyone that they should not fall prey to the imposters/ fake groups / phishing websites/links and stay vigilant of such scams.