UTI Nifty Midcap 150 Index Fund:

An open-ended scheme replicating/ tracking Nifty Midcap 150 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:

  • Index Fund which provides unbiased exposure to entire Midcap universe
  • Diversified portfolio of 150 Midcap companies
  • Exposure to Midcap universe via low cost^ index fund
(source:utimf.com)

UTI Nifty Midcap 150 Index Fund NFO Details:

Mutual Fund UTI Mutual Fund
Scheme Name UTI Nifty Midcap 150 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/- thereafter
(source:amfiindia)
(source:utimf.com)