20
Sep
UTI Mid Cap Fund is an open-ended equity scheme investing predominantly in mid-cap companies. Mid-cap stocks fall in between the large-cap and small-cap stocks and are typically determined based on the market capitalization of the companies. As defined by SEBI, 101st to 250th companies by full market capitalization are mid-cap stocks. A mid-cap fund predominantly invests in mid-cap stocks with a minimum of 65% of the fund’s corpus in equity & equity-related instruments of mid-cap companies. The Fund has about 67% invested into mid-cap companies, 18% into small-cap companies, and remaining in large-cap companies as of August 31, 2021. The…