UTI Nifty50 Equal Weight Index Fund Floats On

Published on May 20, 2023 10:27

UTI Mutual Fund has launched a new fund named as UTI Nifty50 Equal Weight Index Fund.

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

Category of Scheme: Other Scheme - Index Funds

The scheme has two plans: regular plan and direct plan.

The scheme has two plans: regular plan and direct plan, each plan offers growth option.

The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.

The additional application amount is Rs 1000 and in multiples of Re. 1/- thereafter.

Load structure: Nil

Benchmark Index for the scheme is NIFTY50 Equal Weight TRI

The fund manager of the scheme is Mr. Sharwan Kumar Goyal & Ayush Jain Assistant Fund Manager