UTI MF introduces CRISIL SDL Maturity June 2027 Index Fund
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UTI Mutual Fund (MF) has launched UTI CRISIL SDL Maturity June 2027 Index Fund, an open-ended Target Maturity Debt Index Fund tracking CRISIL IBX SDL Index – June 2027 with Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on January 02, 2023 and closes on January 09, 2023. The Entry load and Exit load is not applicable 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 against CRISIL IBX SDL Index – June 2027 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 – June 2027, subject to tracking errors.
