- Home
News UTI Mutual Fund launches UTI Balance Advantage Fund
Jul 21, 2023
Mutual Fund
UTI Mutual Fund launches UTI Balance Advantage Fund
NFO period: 21st July - 04th August, 2023
Highlights of the NFO:
- Scheme type - An open-ended dynamic asset allocation fund
- Investment objective - The scheme intends to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
- Product suitability - The product is suitable for investors who are seeking long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan & Direct Plan having Growth option and Payout of Income Distribution cum Capital Withdrawal Option (Payout of IDCW Option).
- Fund Manager - Mr. Sachin Trivedi (Equity Portion) and Mr. Anurag Mittal (Debt Portion)
- Benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
Recent News
Union Mutual Fund launches Union Active Momentum Fund...
The investment objective of the scheme is to seek to generate long-term capital ...
Read more
Invesco Mutual Fund launches Invesco India Multi Asset Allocation Fund...
To generate long-term capital appreciation/income from an actively managed portf...
Read more
Invesco Mutual Fund launches Invesco India Multi Asset Allocation Fund...
To generate long-term capital appreciation/income from an actively managed portf...
Read more