UTI - NIFTY Index Fund-Growth Option- Direct of UTI Mutual Fund has asset class type as Index-Large-Cap. Oro Wealth rating for the fund is 2.
Nifty 50 TRI
Kaushik Basu B.Com(Hons), CAIIB (I), ICWA, LLB. He has an overall experience of 26 years including 12 years in the domestic Equity Capital markets. He in his earlier days has worked in the areas of Accounts and Money Market of erstwhile Unit Trust of India. He has worked as Equity Dealer for UTI and UTI AMC for 4 years.
The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 5 Index and endeavor to achieve return equivalent to Nifty 5 Index by 'passive' investment. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.