MUTUAL FUNDS
UTI Mutual Fund files offer document for Nifty 1D Rate Liquid ETF - Growth
Mar-23-2026

UTI Mutual Fund has filed offer document with SEBI to launch an open-ended Exchange Traded Fund named ‘UTI Nifty 1D Rate Liquid ETF – Growth’. The New Fund Offer price for units would be Rs 1000 each during the NFO. Entry load and Exit load will be nil. The Scheme does not offer any Plan for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty 1D Rate Index. The minimum application amount during NFO will be Rs 5,000 and in multiple of Rs 1 thereafter.

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total return of the securities as represented by the underlying index, subject to tracking error.

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