2026-09-08 05:47:12 pm | Source: Accord Fintech
UTI Mutual Fund files offer document for BSE India Defence Exchange Traded Fund
UTI Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘UTI BSE India Defence Exchange Traded Fund'. The New Fund Offer price will be Rs 10 during the NFO. Entry load and exit load will be nil. The Scheme does not offer any plans or options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance will be benchmarked against BSE India Defence TRI. The minimum application amount will be Rs 5000 and in multiple of Re 1 thereafter.
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.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
LIC CEO R Doraiswamy explains Insurance Penetration,...
Railways Minister Ashwini Vaishnaw gives big update ...
India's energy imports from Russia at record high: K...
`Can`t accept Ranbir Kapoor as Ram after `Animal`, R...
FIIs stood as net buyers in equities as per Septembe...
Indian Goalkeeper Gurpreet Singh opens up on prep fo...
UTI Mutual Fund files offer document for BSE India D...
UTI Mutual Fund files offer document for BSE India D...
Bajaj Finserv Mutual Fund files offer document for B...
DSP Mutual Fund files offer document for BSE Insuran...
