MUTUAL FUNDS
UTI Mutual Fund files offer document for BSE India Defence Index Fund
Sep-08-2026
UTI Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘UTI BSE India Defence Index Fund'. The New Fund Offer price will be Rs 10 during the NFO. Entry load and exit load will be nil. The Scheme offers only growth options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against BSE India Defence TRI. The minimum application amount will be Rs 1000 and in multiple of Re 1 thereafter.

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

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