MUTUAL FUNDS
UTI Mutual Fund files offers document for Multi Cap Fund
Nov-13-2024
UTI Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘UTI Multi Cap Fund'. The New Fund Offer price is Rs 10. Entry load will be nil. Exit load will be 1% if redeemed/ switched-out within 90 days from the date of allotment; and Nil thereafter. The Scheme offers only growth option for investment, and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme is benchmarked by UTI Nifty 500 Multicap 50:25:25 TRI. The minimum application amount is Rs 1000 and in multiples of Re1 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum.


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