We have created a list of Tarrakki top 10 funds to invest. These are the funds which have been doing well in their respective categories and we expect these funds to continue the same.
Each fund has a different investment strategy, and you can choose the one which suits you the best.
The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavour to achieve return equivalent to Nifty 50 Index by “passive” investment.
UTI NIF is an open-ended passive fund with the objective to invest in securities of companies of the S&P CNX Nifty in the same weightage as they have in S&P CNX Nifty. The fund strives to minimize performance difference with S&P CNX Nifty by
keeping the tracking error to the minimum.
UTI Mutual Fund was carved out of the erstwhile Unit Trust of India as a SEBI registered mutual fund from 1 February 2003. The Unit Trust of India Act 1963 was repealed, paving way for the bifurcation of UTI into – Specied Undertaking of Unit Trust of India; and UTI Mutual Fund. It is a passively managed fund that endeavors to minimize the return differential between the fund and the underlying index. UTI has contributed immensely to industrial and capital growth in the Indian market. It has led trans-formative initiatives like developmental financial institutions, rural outreach programs and financial products and services.
We will be sending you one fund everyday for the next 10 days.
Todays Fund is – UTI NIFTY Index Fund
Recommended Investment Duration – 3 years or more
Risk – Moderately High
Suitable for medium to long term goals
Minimum Investment Amount
Lumpsum – Rs 5,000
SIP – Rs 500