Greeting To All Our Readers! 

NFO Alert-

“UTI AMC Launches UTI Sensex Index Fund NFO. The fund is open for subscription between January 19, 2022, and January 24, 2022.

Read below for more details about the NFO!                

Basic Details About The NFO……

  • Fund Name- UTI Sensex Index Fund NFO
  • Type- An open-ended Large-Cap index fund.
  • Subscription open date- 19th January 2022
  • Subscription close date- 24th January 2022
  • Benchmark- S&P BSE Sensex Index
  • Minimum Amount for Application during NFO- Rs 5000 and in multiples of Rs 1 after that.
  • Plans- Both Direct and Regular Plans are available
  • Options Available- Both Growth and Income Distribution Cum Capital Withdrawal Option (ICDW)

Investment Objective……

The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

UTI Sensex Index fund will offer exposure to a diversified portfolio of 30 largest, most liquid, and financially sound companies across key sectors of the Indian economy.

Exit Load Trends In The NFO……

The fund has neither entry load nor exit load associated with it.

Fund Managers Of The NFO…….

The fund manager appointed to manage the new NFO is Mr. Sharwan Kumar Goyal. He began his career with UTI AMC in June 2006 and has over 10 years of experience in Risk Management, Equity Research, and Portfolio Analysis.

Who Should Invest In This NFO?

It is suitable for investors looking for a simple yet cost-effective way of investing in ‘top 30’ companies on the listed universe of BSE.

Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions. 

Keep reading our article and stay updated with the latest news about Mutual Funds!

For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.

Happy Investing!

(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).