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  • UTI Mutual Fund launches UTI Nifty 10 yr Benchmark G-Sec ETF

Jan 19, 2024

Mutual Fund

UTI Mutual Fund launches UTI Nifty 10 yr Benchmark G-Sec ETF

NFO period: 19th January ? 23rd January, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended scheme replicating/tracking Nifty 10 yr Benchmark G-Sec Index. A relatively high interest rate risk and relatively low credit risk

  • Investment objective ? 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, subject to tracking error. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.

  • Product suitability ? The product is suitable for investors who are seeking long term capital appreciation by investing in securities covered by Nifty 10 yr Benchmark G-Sec Index.

  • Minimum Application Amount ? First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available ? The scheme does not offer any Plans/Options for investment.

  • Fund Manager ? Mr. Jaydeep Bhowal

  • Benchmark ? Nifty 10 yr Benchmark G-Sec Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)