UTI MF introduces Fixed Term Income Fund - Series XXXV-III (1176 D)
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UTI Mutual Fund (MF) has launched UTI Fixed Term Income Fund - Series XXXV - III (1176 days), a close-ended Debt Scheme with Moderate Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on January 17, 2023 and closes on January 24, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 & in multiples of Rs 10 under all the options / Plans.
The performance of the Scheme will be benchmarked to the performance of CRISIL Medium Term Debt Index and its fund manager is Sunil Patil.
The investment objective of 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.
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