UTI Nifty Next 50 Index Fund
UTI Mutual Fund has launched new open ended Equity Scheme, UTI Nifty Next 50 Index Fund . UTI-Nifty Next 50 Index Fund is an open-ended scheme replicating/tracking the Nifty Next 50 Index. Being a Passive Fund, it is a unique combination of Large cap Exposure and low expense ratio.
Features:-
- UTI Nifty Next 50 Index Fund is a passive fund which replicates the Nifty Next 50 Index.
- This Index is made of the 51st to 100th companies based on free float market capitalization of stocks listed on NSE.
- These are primarily large companies which have exhibited their strength and are potential contenders for Nifty 50.
NFO Period:-
June 08, 2018 to June 22, 2018. Scheme will reopen for fresh purchase after NFO period.
Investment Objective :-
The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns 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.
This Scheme is suitable for investors seeking:-
- Capital growth in tune with the index returns.
- Passive investment in equity instruments comprised in Nifty Next 50 Index.
Minimum Application Amount:-
Rs. 5000 and in multiple of Rs. 1 thereafter.
Benchmark Index:-
Nifty Next 50.
To Invest
Application Form can be downloaded via Application Form UTI Nifty Next 50 Index Fund
Cheque will be drawn in favor of UTI – Nifty Next 50 Index Fund.
You Can Also INVEST ONLINE
To Download KYC Forms Click Here
Application Forms can be sent at Your nearest KARVY Location
For More Information Call 9315120004, 9896155783, You can also whatsapp your query @ 9896155783.
Mutual Fund Investments are Subject To Market Risks Please read Offer Documents before Making Investments