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News UTI Mutual Fund launches UTI Focused Equity Fund
Aug 2, 2021
Mutual Fund
UTI Mutual Fund launches UTI Focused Equity Fund
NFO period: 04th August - 18th August, 2021
Highlights of the NFO:
- Scheme type - An open ended equity scheme investing in maximum 30 stocks across market caps
- Investment objective - The investment objective of the scheme is to generate long term capital appreciation by investing in equity & equity related instruments of maximum 30 stocks across market caps. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
- Product suitability - The product is suitable for investors who are seeking long term capital growth by investing in equity & equity related securities across market capitalization in maximum 30 stocks.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option & Payout of Income Distribution cum capital withdrawal option.
- Fund Manager - Mr. Sudhanshu Asthana and Mr. Kamal Gada (Fund Manager for making overseas investments)
- Benchmark - Nifty 500 Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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