MUTUAL FUNDS
UTI Mutual Fund files offer document for Multi Cap Fund
Apr-01-2021
UTI Mutual Fund has filed offer document with SEBI to launch an open ended income scheme named ‘UTI Multi Cap Fund’. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load for less than one year will be 1% ; for Greater than or equal to one year will be Nil. The Scheme offers both growth and dividend options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty 500 Multicap 50:25:25 TRI. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum.

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