UTI Small Cap Fund NFO garners Rs 920 crore

UTI Small Cap Fund NFO garners Rs 920 crore
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Last Updated: Dec 24, 2020, 08:43 AM IST
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Synopsis
UTI Small Cap Fund is an open-ended equity scheme which will predominantly invest in small cap stocks. The scheme will re-open for subscription and redemption for an ongoing basis from December 23.
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UTI Asset Management Company on Wednesday said it has raised over Rs 920 crore through a new fund offer (NFO) of its small cap fund.
The scheme -- UTI Small Cap Fund--attracted more than 86,000 applications during the NFO period from December 2-16 garnering more than Rs 920 crore, the fund house said in a statement.

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