UTI MF introduces CRISIL SDL Maturity April 2033 Index Fund
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UTI Mutual Fund (MF) has launched UTI CRISIL SDL Maturity April 2033 Index Fund, an open-ended Target Maturity Debt Index Fund tracking CRISIL IBX SDL Index – April 2033. A Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on December 12, 2022 and closes on December 19, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked to the performance of CRISIL IBX SDL Index – April 2033 and its fund manager is Sunil Patil.
The investment objective of the scheme is to track the Index by investing in securities as represented by CRISIL IBX SDL Index – April 2033, subject to tracking errors.
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