UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXIX IX: 1109 Days

Mutual Fund
Jun 15, 2018 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

NFO period: 15th June – 29th June, 2018

Highlights of the NFO:

  • Scheme type – A close-ended debt scheme

  • Investment objective – The scheme aims to generate returns by investing in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme. However, the scheme does not guarantee / indicate any return. There is no assurance that the funds objective will be achieved.

  • Product suitability – The product is suitable for investors who are seeking regular income for fixed term by investing in Debt/Money Market Instrument/Govt. Securities.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter

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

    • Growth Option

    • Quarterly Dividend Option with Payout facility

    • Flexi Dividend Option with Payout facility

    • Annual Dividend Option with Payout facility

    • Maturity Dividend Option with Payout facility

  • Fund Manager – Shri Sunil Patil

  • Benchmark – CRISIL Composite Bond Index

  • Maturity – 1109 days from the date of allotment

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

Locate UTI Mutual Fund Advisors in your city
Feedback
Notification