UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXXII II: 1111 Days
19 Jun,
2019
By: Eastern Fin Research Team# Mutual Fund
NFO period: 19th June - 03rd July, 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.
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