UTI Nifty Alpha Low-Volatility 30 Index Fund:
An open-ended scheme replicating/tracking Nifty Alpha Low-Volatility 30 TRI. The Investment objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.
Features:
- Smart Beta Index Fund which provides exposure to two factors – ‘Alpha’ and ‘Low Volatility’ in a single fund
- Exposure to companies with better growth potential and Stability
- Portfolio of 30 stocks, diversified among aggressive and defensive sectors
- Provides Alpha generation opportunity by virtue of multifactor smart beta strategy
(source:utimf.com)
UTI Nifty Alpha Low-Volatility 30 Index Fund NFO Details:
Mutual Fund | UTI Mutual Fund |
Scheme Name | UTI Nifty Alpha Low-Volatility 30 Index Fund |
Objective of Scheme | The Investment objective of the Scheme is to provide returns that, before expenses, corresponds to the total return 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. |
Scheme Type | Open Ended |
Scheme Category | Other Scheme – Index Funds |
New Fund Launch Date | 11-Nov-2024 |
New Fund Earliest Closure Date | |
New Fund Offer Closure Date | 25-Nov-2024 |
Indicate Load Seperately | Entry Load – Nil, Exit Load – Nil |
Minimum Subscription Amount | Rs 1000 and in multiple of Rs 1 |