UTI Nifty India Manufacturing Index Fund:
UTI Nifty India Manufacturing Index Fund, through its underlying Index i.e. Nifty India Manufacturing Index Fund will offer exposure to diversified portfolio of companies in the manufacturing segment.
Features:
- Universe Coverage: Exposure to the entire universe of companies in the manufacturing segment in a defined and disciplined way
- Passive Fund: Tracks the performance of Nifty India Manufacturing Index in an unbiased manner.
- Cost Effective: Lower expenses as compared to actively managed funds
Who Should Invest:
- Investors with a High-risk appetite.
- Interested to take an exposure in Indian Manufacturing theme in an unbiased manner.
- Seeking long term capital growth.
- Seeking investments in equity and equity related securities and portfolio replicating the composition of the Nifty India Manufacturing Index, subject to tracking errors.
(source:https://www.utimf.com/)
UTI Nifty India Manufacturing Index Fund NFO Details:
Mutual Fund | UTI Mutual Fund |
Scheme Name | UTI Nifty India Manufacturing 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 | 28-Jan-2025 |
New Fund Earliest Closure Date | |
New Fund Offer Closure Date | 10-Feb-2025 |
Indicate Load Seperately | Entry Load- Nil, Exit Load – Nil. |
Minimum Subscription Amount | Rs 1000 and in multiple of Rs 1/- thereafter |
For Further Details Please Visit Website | https://www.utimf.com |
(source:https://www.amfiindia.com/)