Business Description
UTI-Nifty Next 50 Exchange Traded Fund is an Indian investment fund established in August 2017 and managed by UTI Asset Management Company Limited, with backing from major institutions including the State Bank of India, Punjab National Bank, Bank of Baroda, and Life Insurance Corporation of India. The fund aims to mirror the returns of the Nifty Next 50 Index by investing in Indian publicly listed companies of varying sizes across a wide range of industries.
