UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXIX II: 1118 Days
NFO period: 18th April - 02nd May, 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 multiple of Rs. 10/- thereafter
Plan/ Options available - Regular Plan and Direct Plan. Both Plans offer the following Options.