UTI Mutual Fund launches UTI Corporate Bond Fund

Mutual Fund
Jul 23, 2018 by Advisorkhoj Team | Mutual Fund | 12 Downloaded

NFO period: 23rd July – 06th August, 2018

Highlights of the NFO:

  • Scheme type – An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds

  • Investment objective – The investment objective of the scheme is to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized. The Scheme does not guarantee / indicate any returns.

  • Product suitability – The product is suitable for investors who are seeking optimal returns over the medium to long term by investing predominantly in AA+ and above rated corporate debt.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan. Both Plans offer the following Options.

    • Growth Option

    • Quarterly Dividend Option with both Payout & Reinvestment facilities

    • Half Yearly Dividend Option with both Payout & Reinvestment facilities

    • Annual Dividend Option with both Payout & Reinvestment facilities

    • Flexi Dividend Option with both Payout & Reinvestment facilities

  • Fund Manager – Mr. Sudhir Agrawal and Mr Sunil Patil

  • Benchmark – CRISIL Corporate Bond Composite Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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