UTI Mutual Fund introduces two innovative index funds for diversified investment; here are the complete details UTI Mutual Fund introduces two innovative index funds for diversified investment; here are the complete details With the introduction of these two new schemes, investors can now tap into the growth potential of mid-small cap momentum-quality stocks and India's booming manufacturing sector. Vardan Pandhare / Tuesday, February 4, 2025 / Article rating: 5.0 UTI Mutual Fund has expanded its passive investment offerings with the launch of two new index funds.