Mumbai: UTI Mutual Fund has changed the benchmark index of UTI Infrastructure Fund from BSE 100 to UTI Infrastructure Index with immediate effect. The new benchmark has been computed by India Services and Product.
UTI Infrastructure Fund is an open ended equity scheme which has the investment objective to provide income distribution and / or medium to long term “capital appreciation” by investing predominantly in equity and equity related instruments in the companies engaged either directly or indirectly in the infrastructure. The scheme is managed by Sanjay Dongre.
