UTI Mutual Fund launches Nifty500 Shariah Index Fund

INDIA: UTI Mutual Fund, launched on the 5th February 2026, is a new offering that will track counters in the Nifty500 Shariah Index. Becoming the sixth Shariah fund domiciled in India, the UTI Nifty500 Shariah Index Fund entry starts at INR1,000 (US$11.05).

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