UTI Mutual Fund launches UTI Innovation Fund

NFO period: 25^th September – 09^th 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