UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G) : NFO Details

resr 5paisa Research Team

Last Updated: 23rd January 2025 - 06:45 pm

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UTI Mutual Fund has launched a new open-ended equity scheme, opening for subscription from January 28, 2025, to February 10, 2025. The scheme aims to provide returns by replicating the performance of its benchmark, Nifty MidSmallcap400 Momentum Quality 100 TRI, subject to tracking errors. With a minimum investment of ₹1,000, it caters to investors seeking long-term growth in the mid-cap segment. Managed by experienced fund managers Sharwan Kumar Goyal and Ayush Jain, the fund carries a "Very High" risk rating. UTI Asset Management Company Ltd leads the initiative, with KFin Technologies Ltd serving as the Registrar & Transfer Agent.

Details of the NFO: UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G)

NFO Details Description
Fund Name UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G)
Fund Type Open Ended
Category Index Fund
NFO Open Date 28-January-2025
NFO End Date 10-February-2025
Minimum Investment Amt ₹1,000/-and any amount thereafter
Entry Load -Nil-
Exit Load

-Nil-

Fund Manager Mr. Sharwan Kumar Goyal
Benchmark Nifty MidSmallcap400 Momentum Quality 100 TR

Investment Objective and Strategy

Objective:

The investment objective of the UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G) is to generate returns, before expenses, that are commensurate with the performance of the Nifty MidSmallcap400 Momentum Quality 100Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

Investment Strategy:

The UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G) seeks to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.

What Type of Investor Should Invest in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G)?

This UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G) is ideal for investors seeking long-term capital growth through exposure to mid-cap and small-cap equities. It suits those who prefer passive investing aligned with the Nifty MidSmallcap400 Momentum Quality 100 TRI benchmark. With a minimum investment of ₹1,000 and no entry or exit loads, it’s accessible to individuals looking to diversify their portfolio with high-growth potential and have a high-risk tolerance.

What Are the Risks Associated With UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G)?

The UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund – Direct (G) carries a "Very High" risk rating due to its focus on mid-cap and small-cap stocks, which are volatile by nature. Market fluctuations, tracking errors, and economic uncertainties could impact returns, making it unsuitable for risk-averse investors.

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