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UTI Mutual Fund has launched a new fund offer a small-cap fund. UTI Small Cap Fund will open for subscription for 15 days between December 2 and December 16.

The NFO link on Groww will available for investment from  December 2, 2020.

What do you mean by a small-cap fund?

Invest in direct mutual funds

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  • SIP starting at ₹500

Small-Cap Funds invest a major portion of their investible corpus into equity or equity-related instruments of small-cap companies. 

A small-cap company is a 251st company onwards in terms of full market capitalization.

Read More : Small-Cap Mutual Funds

Investment Strategy

UTI Small Cap Fund is an open-ended small-cap equity scheme. Here’s the indicative asset allocation pattern of the fund:

Instruments Indicative Allocation (% of total assets) Minimum (%)  Indicative Allocation (% of total assets) Maximum (%)
Equity and equity-related instruments (minimum 65% of the total assets would be in equity and equity-related instruments of small-cap companies). 65 100
Debt and Money Market instruments including securitized debt# 0 35
Units issued by REITs & InvITs 0 10

# The fund may invest up to 50% of its debt portfolio in securitized debt

Benchmark

The performance of the scheme is benchmarked to the total return variant of the Nifty Small Cap 250. The index has 250 companies (companies ranked 251-500) from NIFTY 500.

Fund Details

The fund is offering regular and direct plans and under each plan, growth and dividend payout options are available.

Type of Scheme UTI Small Cap Fund
Benchmark Nifty Small Cap 250 TRI
NFO Dates December 2 to December 16
Fund Manager Mr. Ankit Agarwal
Minimum Application Amount/Minimum Purchase Amount (including switches) Rs  5,000 and in multiples of Re 1 thereafter
Minimum Additional Investment (including switches) Rs 1,000 and in the multiple of Re.1
Minimum Redemption Amount Rs 1,000 and in the multiple of Re.1
Entry Load NA
Exit Load 1%: If redeemed before one year
Nil:  If redeemed after a year
Plans Regular Plan, Direct Plan
Options Growth Option, Dividend Payout Option
Facilities Offered (i) Systematic Investment Plan (SIP)

  1. Step up facility
  2. Any Day SIP
  3. Micro SIP

(ii) Systematic Withdrawal Plan (SWP)

(iii) Dividend Transfer Plan (DTP)

(iv) Systematic Transfer Investment Plan (STRIP)

Fund Managers

Mr. Ankit Agarwal

He joined UTI in August 2019 as Fund Manager – Equity with Dept. of Fund Management. He has more than 13 years of experience. Prior to joining UTI he was working with Lehman Brothers and Barclays Wealth. He had been associated with Centrum Broking Ltd. in the capacity of Senior Vice President.

Other Schemes managed by him include UTI Midcap fund.

Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.

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