UTI MF introduces Financial Services Debt Fund
UTI Mutual Fund has launched UTI Financial Services Debt Fund, an open-ended debt scheme investing predominantly in debt securities issued by entities belonging to financial services sector. (only in AA+ and above rated corporate bonds) Relatively High Interest Rate Risk and Moderate Credit Risk). The NFO opens for subscription on October 27, 2026 and closes on November 02, 2026. The Entry Load is not applicable and Exit Load is nil for the scheme. The minimum subscription amount is Rs 500/- and in multiples of Re.1/- thereafter.
The performance of the Scheme will be benchmarked against Crisil Financial Services Short Term Debt Index and its fund manager is Amit Sharma.
The primary investment objective of the scheme is to generate optimal returns for investors with a short-term investment horizon by investing in debt and money market securities of entities predominantly belonging to financial services sector.
