UTI Mutual Fund launches UTI Sensex Index Fund

Jan 19, 2022 by News Team

NFO period: 19th January – 24th January, 2022

Highlights of the NFO:

  • Scheme type – An open-ended scheme replicating/tracking the S&P BSE Sensex TRI

  • Investment objective – The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking capital growth in tune with the index returns passive by investing in equity instruments comprised in S&P BSE Sensex Index.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan. Both the plans offer only Growth Option.

  • Fund Manager – Mr. Sharwan Kumar Goyal

  • Benchmark – S&P BSE Sensex TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)