UTI Mutual Fund launches UTI Nifty500 Shariah Index Fund

05 Feb,   2026 By: Eastern Fin Research Team #Mutual Fund

NFO period: 05th Feb - 18th Feb, 2026

Highlights of the NFO:

  • Scheme type - An open-ended scheme replicating/tracking Nifty500 Shariah TRI

  • Investment objective - The Investment Objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.

  • Product suitability - This product is suitable for investors who are seeking to generate returns that are commensurate with the performance of the Nifty500 Shariah Index over long term, subject to tracking error. Investments in securities covered by the Nifty500 Shariah Index

  • Minimum Application Amount - Rs. 1000/- and in multiples of Re.1/- thereafter

  • Plan/ Options available - Regular plan & Direct plan having Only Growth Option.

  • Fund Managers - Mr. Sharwan Kumar Goyal & Mr. Ayush Jain

  • Benchmark - Nifty500 Shariah TRI

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

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