NFO Alert: UTI Mutual Fund Launches Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

The UTI Nifty MidSmallcap 400 Momentum Quality 100 Index Fund – Regular Plan, offered by UTI Mutual Fund is open for subscription from January 28, 2025, to February 10, 2025. This is an open-ended equity scheme categorised under the mid-cap segment. The fund aims to attract investors looking for exposure to mid and small-cap stocks through an index-based approach.

Investment Objective

The objective of the scheme is to deliver returns that align with the performance of the Nifty MidSmallcap400 Momentum Quality 100 TRI index. The fund seeks to achieve this before expenses, subject to tracking errors. It provides exposure to securities in the index, which are selected based on momentum and quality parameters.

The fund is managed by Sharwan Kumar Goyal, an equity fund manager with over 18 years of experience in passive and quant strategies.

Minimum Investment and Plans

Investors can participate with a minimum investment of ₹1,000. The fund offers a Growth Plan, making it suitable for those aiming to build long-term wealth. There is no lock-in period, and the exit load is zero, allowing investors to withdraw their investments without any charges.

Risk and Benchmark

As an equity fund focusing on mid and small-cap companies, the scheme carries a Very High-Risk rating on the Riskometer. It is benchmarked against the Nifty MidSmallcap400 Momentum Quality 100 TRI, which represents a blend of momentum and quality-driven stocks.

Registrar & Transfer Agent

Administrative support for the fund is managed by KFin Technologies Ltd., the designated Registrar and Transfer Agent for the scheme.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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