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UTI Mutual Fund launches UTI Innovation Fund

NFO period: 25th September ? 09th October, 2023

Highlights of the NFO:

  • Scheme type ? An open-ended equity scheme following innovation theme

  • Investment objective ? The scheme intends to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability ? The product is suitable for investors who are seeking long-term capital appreciation by investing in equity and equity-related instruments following innovation theme.

  • Minimum Application Amount ? First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available ? Regular Plan and Direct Plan having Growth Option & Payout of Income Distribution cum capital withdrawal option (Payout of IDCW Option).

  • Fund Manager ? Mr. Ankit Agarwal and Mr. Deepesh Agarwal

  • Benchmark ? Nifty 500 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)