UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXXII I: 1126 Days
UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXXII I: 1126 Days
Jun 4, 2019 by News Team
NFO period: 04th June – 18th June, 2019
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.