UTI Mutual Fund launches UTI Equity Savings Fund

Mutual Fund
Aug 10, 2018 by Advisorkhoj Team | Mutual Fund | 5 Downloaded

NFO period: 10th August – 24th August, 2018

Highlights of the NFO:

  • Scheme type – An open ended scheme investing in equity, arbitrage and debt

  • Investment objective – The investment objective of the scheme is to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation and income by investing in equity & equity related instruments, arbitrage opportunities, and investments in debt and money market opportunities.

  • 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

    • Dividend Option with Payout & Reinvestment Facility

    • Monthly Dividend Option with Payout Facility

    • Monthly Dividend Option with Reinvestment Facility

    • Quarterly Dividend Option with Payout Facility

    • Quarterly Dividend Option with Reinvestment Facility

  • Fund Manager – Mr. V Srivasta (Equity Portfolio) and Mr Sunil Patil (Debt Portfolio)

  • Benchmark – 40% CRISIL Liquid Fund Index, 30% CRISIL Composite Bond Fund Index and 30% S&P BSE 200

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

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