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 |