2026-09-08 05:47:53 pm | Source: Accord Fintech
UTI Mutual Fund files offer document for BSE India Defence Index Fund
UTI Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘UTI BSE India Defence Index Fund'. The New Fund Offer price will be Rs 10 during the NFO. Entry load and exit load will be nil. The Scheme offers only growth 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 1000 and in multiple of Re 1 thereafter.
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by the underlying index.
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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
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content of this article for any current or future financial references.
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