UTI Mutual Fund launches UTI Nifty200 Momentum 30 Index Fund

Mutual Fund
Feb 18, 2021 by Advisorkhoj Team | Mutual Fund | 16 Downloaded

NFO period: 18th February – 04th March, 2021

Highlights of the NFO:

  • Scheme type – An open-ended scheme replicating/tracking the Nifty200 Momentum 30 Index

  • 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 Nifty200 Momentum 30 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 – Nifty200 Momentum 30 Index

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

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