Bengaluru: UTI Mutual Fund (UTI) is delighted to announce the launch of two new index funds: the UTI Nifty Private Bank Index Fund and the UTI Nifty200 Quality 30 Index Fund. These funds offer investors a unique opportunity to invest in targeted sector/investment styles of the Indian equity market, leveraging UTI’s extensive experience in index fund management to provide cost-effective and high-quality investment options.
UTI Nifty200 Quality 30 Index Fund
The UTI Nifty200 Quality 30 Index Fund is innovative addition to UTI MF’s index fund offerings. This open-ended scheme replicating/tracking Nifty200 Quality 30 TRI offers investors a unique opportunity to invest in a diversified portfolio of 30 high-quality companies with strong financial metrics and stable balance sheet.
The UTI Nifty200 Quality 30 Index Fund stands out as the first of its kind in the market^, providing exposure to companies with strong and consistent earnings and stable financials. The quality investment style has been out of favour for the past four years and this fund may offer an excellent and timely opportunity for investors to benefit from potential style rotation in the market.