MUTUAL FUNDS
UTI Mutual Fund files offer document for Nifty 500 Index Fund
Jun-16-2026
UTI Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘UTI Nifty 500 Index Fund’. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme offers only Growth option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty 500 TRI. The minimum application amount during NFO will be Rs 1000 and in multiples of Re.1 thereafter.

The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns of the securities as represented by the underlying index.

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