UTI Small Cap Fund has received an overwhelming response from investors during the NFO period. The scheme has attracted more than 86000 applications, garnering more than Rs.920 crore.
In a press release, Imtaiyazur Rahman, CEO, UTI MF said, “The excellent mobilization in the NFO of UTI Small Cap Fund is a reflection of the continued trust reposed by investors in UTI MF. We are thankful to our investors and business partners for the support given to us. We look forward to their continued patronage in future”
The objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity of small cap companies. Ankit Agarwal is the fund manager of the scheme.
