UTI Nifty Midcap 150 Index Fund
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 |
For Further Details Please Visit Website | https://www.utimf.com |
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.
However, there is no guarantee or assurance that the investment
objective of the scheme will be achieved.
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
low cost in terms of total expense ratio
- Investors
with a High-risk appetite
- Interested to
take an unbiased exposure in Midcap companies
- Seeking long
term capital growth
- Seeking
investments in equity and equity related securities and portfolio
replicating
- the
composition of the Nifty Midcap 150 TRI, subject to tracking errors