UTI Nifty50 Equal Weight Index Fund

The funding goal of the open-ended index fund scheme is to supply returns that, earlier than bills, correspond to the whole return of the securities as represented by the underlying index, topic to monitoring error. Nonetheless, there isn’t a assure or assurance that the funding goal of the scheme will likely be achieved.

New Fund Launch Date 22-Could-2023

New Fund Supply Closure Date 05-Jun-2023

The minimal utility quantity is ₹5,000 and in multiples of Re. 1 thereafter. 

UTI S&P BSE Housing Index Fund

The funding goal of the open-ended index fund scheme is to supply returns that, earlier than bills, correspond to the whole return of the securities as represented by the underlying index, topic to monitoring error. Nonetheless, there isn’t a assure or assurance that the funding goal of the scheme will likely be achieved.

New Fund Launch Date 22-Could-2023

New Fund Supply Closure Date 05-Jun-2023

The minimal utility quantity is ₹5,000 and in multiples of Re. 1 thereafter.

In different information, capital markets regulator Sebi has proposed a uniform whole expense ratio (TER) throughout mutual fund schemes in a bid to convey transparency to the prices charged to unitholders. At current, Sebi permits asset administration corporations to cost unitholders of mutual funds 4 extra forms of bills over and above the desired TER limits. These are brokerage and transaction prices, extra TER for distribution fee for inflows from B-30 (past the highest 30) cities, good and providers taxes, and extra bills for exit hundreds.