UTI Nifty500 Value 50 Index fund aims to provide returns in line with that offered by the underlying index – Nifty 500 Value 50 index. The NFO will close on May 8, 2023
Tax-saving mutual funds or ELSS (Equity-Linked Saving Schemes) get you Section 80C income-tax deduction benefits. But if you invest in ELSS every year, it may not make sense to have multiple schemes.