India’s First Momentum-based Investment Product under Index Fund by UTI Mutual Fund.
UTI NIFTY200 MOMENTUM 30 INDEX FUND
UTI Nifty200 Momentum 30 Index Fund is an index fund and the mandate of the fund is to passively replicate Nifty200 Momentum 30 index as closely as possible (subject to tracking error).
Investment Objective: The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Fund Manager: Mr. Sharwan Goyal
Benchmark: Nifty200 Momentum 30 TRI Index
Minimum Investment (Lumpsum): Minimum initial investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter.Subsequent minimum investment under a folio is Rs.1,000/- and in multiples of Rs. 1/- thereafter with no upper limit.