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News UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXXVI I: 1574 Days
Feb 21, 2023
Mutual Fund
UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXXVI I: 1574 Days
NFO period: 21st February - 27th February, 2023
Highlights of the NFO:
- Scheme type - A close-ended debt scheme with scheme tenure of 1574 days. Relatively high interest rate risk and relatively low credit risk
- 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 scheme?s objective will be achieved.
- Product suitability - The product is suitable for investors who are seeking income with capital growth over the tenor of the scheme by investing in debt & money market instruments.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 10/- 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 - Shri Sunil Patil
- Benchmark - CRISIL Medium to Long Term Debt Index
- Maturity - 1574 days from the date of allotment
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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