MUTUAL FUNDS
UTI MF introduces Nifty500 Shariah Index Fund
Feb-05-2026

UTI Mutual Fund has launched UTI Nifty500 Shariah Index Fund, an open-ended scheme replicating/tracking Nifty500 Shariah TRI. The NFO opens for subscription on February 05, 2026 and closes on February 18, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 1,000/- and in multiples of Rs 1/- thereafter.

The performance of the scheme will be benchmarked against Nifty500 Shariah TRI and its fund managers are Sharwan Kumar Goyal and Ayush Jain.

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.


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