UTI-Nifty Private Bank Index Fund - Regular (G)

UTI-Nifty Private Bank Index Fund - Regular (G) is a scheme launched by UTI Mutual Fund on September 24, 2024, and falls under the Banking & Financial fund category. It currently manages an AUM of Rs 217.99 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.04% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  UTI-Nifty Private Bank Index Fund - Regular (G) trailing returns over different times are 0% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 5.59%.