UTI Mutual Fund (UTI) has launched a new exchange traded fund (ETF) called UTI S&P BSE Sensex Next 50 Exchange Traded Fund which will track the S&P BSE Sensex Next 50 Index. The new fund offer opened for subscription on February 26, 2019 and will close on March 1, 2019.
Kaushik Basu and Sharwan Kumar Goyal are the fund managers of the scheme. The minimum application amount is Rs 5,000.