Know complete details including the subscription date of this New UTI Mutual Fund Scheme.
UTI Silver ETF Fund of Fund has been launched with the aim of encouraging investors to invest digitally in silver.
UTI New Mutual Fund Scheme is an open-ended Exchange Traded Fund (FOF) investing in Silver ETF.
UTI Silver ETF Fund Fund opened for subscription on 10 April 2023. The NFO will close on 19 April 2023.
Those wishing to invest in silver can start investing in the UTI Silver ETF Fund of Fund with a minimum of Rs 5000.
The benchmark of this fund is the domestic silver price. It will generate returns commensurate with the prices of physical silver.
Exit Load: Exit load is 1% if redeemed or exited on or before 15 days from the allotment of units.
The fund will generate returns commensurate with the performance of UTI Silver ETF by investing in units of UTI Silver ETF.
UTI Mutual Fund says that it is a suitable fund for investors who want capital appreciation over the long term.
Disclaimer: Mutual Fund investments are subject to market risks. Be sure to consult a financial advisor before investing.