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UTI Mutual Fund introduces Fixed Term Income Fund Series XXX-II (1107 Days)

16-Aug-2018 11:16 Hrs IST

UTI Mutual Fund has launched the UTI Fixed Term Income Fund Series XXX-II (1107 Days), a close ended income scheme. The NFO opens for subscription on August 16, 2018 and closes on August 20, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs 10 thereafter.The scheme’s performance will be benchmarked against CRISIL Composite Bond Fund Index and its fund manager is Sunil Patil.The investment objective of the scheme is to generate returns by investing in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme.

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