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The NFO of UTI Innovation Fund opened for public subscription on September 25, 2023, and will close on October 09, 2023. Sheetal Agarwal of IIFL caught up with the fund manager to know more about this scheme.
Investors with very high risk appetite and want to invest for 5 to 7 years to diversify the portfolio should invest in UTI Innovation Fund.
First project involves four-laning with paved shoulders in Karnataka's Belgaum – Hungund – Raichur Section of NH-748A
Shares of the business were up Rs 9.55, or about 1%, on the NSE at 12.15 p.m., trading at Rs 1,282.60.
Investors with very high risk appetite and want to invest for 5 to 7 years in midcap companies should invest in UTI Nifty Midcap 150 ETF.
Investors with very high risk appetite and want to invest for 5 years in a mutual fund should invest in UTI Balance Advantage Fund.
The project will be implemented under the Hybrid Annuity Mode (Package 7) as part of the Bharatmala Pariyojana
The company said the project is expected to be completed in 730 days.
The Scheme would invest in Securities covered by S&P BSE Housing Index and debt and money market instruments.
The Scheme would invest in Securities covered by Nifty50 Equal Weight Index and debt and money market instruments.