UTI Mutual Fund launches UTI S&P BSE Sensex Next 50 Exchange Traded Fund

Mutual Fund
Feb 26, 2019 by Advisorkhoj Team | Mutual Fund | 3 Downloaded

NFO period: 26th February – 01st March, 2019

Highlights of the NFO:

  • Scheme type – An open-ended scheme replicating/tracking the S&P BSE Sensex Next 50 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 long term capital appreciation by investing in securities covered by S&P BSE Sensex Next 50 Index.

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

  • Plan/ Options available – Currently, there are no plans/ options under the scheme.

  • Fund Manager – Mr. Kausik Basu and Mr. Sharwan Kumar Goyal

  • Benchmark – S&P BSE Sensex Next 50 Index

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

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