Neutral impactStocks
UTI MF introduces Nifty 500 Exchange Traded Fund
Investment Guru 1 hr ago·10 Aug 2026, 10:32 am
Stocks Investment Guru
UTI Mutual Fund has launched the Nifty 500 Exchange Traded Fund (ETF). This new product tracks the Nifty 500 Index, which represents the top 500 companies listed on Indian stock exchanges. As an ETF, it is listed on the stock market and can be bought or sold just like a regular share throughout the trading day.
This launch offers investors a convenient way to gain diversified exposure to the broader Indian equity market. By holding the top 500 companies, the fund provides a basket of stocks that reduces the risk associated with investing in individual companies. It is a passive investment option designed to mirror the performance of the Nifty 500 index.
Investors should watch the fund's expense ratio and its tracking error. A lower expense ratio means more of the returns are passed on to the investor. Additionally, tracking error measures how closely the fund's performance matches the index. Keeping an eye on these factors will help investors understand the fund's efficiency and suitability for their portfolio.
Excerpt from Investment Guru
India advances to Global AI power status with innovative governance model UTI MF introduces Nifty 500 Index Fund SBI MF introduces Balanced Hybrid Fund Please click the activation link we sent on your email An email has been sent to your registered email address containing an activation link. Please click on the link…Read the original at Investment Guru
Key takeaways
- Category: Stocks.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
