2026-08-10 04:01:03 pm | Source: Accord Fintech
UTI MF introduces Nifty 500 Exchange Traded Fund
UTI Mutual Fund has launched UTI Nifty 500 Exchange Traded Fund, an open-ended scheme replicating/tracking the Nifty 500 TRI. The NFO opens for subscription on August 10, 2026 and closes on August 24, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000/- and in multiples of Re.1/- thereafter.
The performance of the Scheme will be benchmarked with Nifty 500 TRI and its fund managers are Sharwan Kumar Goyal, Ayush Jain and Lokesh Kulthia.
The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns of the securities as represented by the underlying index, subject to tracking error.
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