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UTI Mutual Fund introduces Fixed Term Income Fund Series XXXVI - I
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UTI Mutual Fund (MF) has launched UTI Fixed Term Income Fund Series XXXVI - I (1574 Days), a Close-ended Debt Scheme, Relatively high interest rate risk and relatively Low credit risk. The NFO opens for subscription on February 21, 2023 and closes on February 27, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiple of Rs 10 under all the plans / options.
The performance of the Scheme will be benchmarked with CRISIL Medium to Long Term Debt 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.
