Mutual Fund News
Home >> Mutual Fund >> Mutual Fund News
UTI Fixed Term Income Fund - Series XXIX - IX (1109 Days) Floats On
(11:43, 14 Jun 2018)
UTI Mutual Fund has launched a new fund named as UTI Fixed Term Income Fund - Series XXIX - IX (1109 Days), a close ended income scheme. The duration of the scheme is 1109 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 15 June to 29 June 2018.

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.

The scheme offers growth option, quarterly dividend option with payout facility, flexi dividend option with payout facility, annual dividend option with payout facility and maturity dividend option with payout facility.

The scheme would allocate 80%-100% of assets in debt instruments with low to medium risk profile and invest up to 20% of assets would be allocated to money market instruments with low risk profile.

The minimum application amount is Rs 5000 and in multiples of Rs 10 under all the options.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.

Sunil Patil is the fund manager for the scheme.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     315.35   Up   1.45 (0.46%)   Asian Paints Ltd     1,235.40   Down   -23.60 (-1.87%)   Axis Bank Ltd     562.55   Down   -13.50 (-2.34%)   Bajaj Auto Ltd     2,510.25   Down   -37.55 (-1.47%)   Bajaj Finance Ltd     2,140.50   Down   -10.00 (-0.47%)   Bajaj Finserv Ltd     5,419.20   Up   38.95 (0.72%)   Bharat Petroleum Corporation Ltd     283.55   Down   -1.60 (-0.56%)   Bharti Airtel Ltd     287.30   Down   -1.20 (-0.42%)   Bharti Infratel Ltd     264.45   Up   4.45 (1.71%)   Cipla Ltd     633.80   Down   -6.65 (-1.04%)   Coal India Ltd     275.15   Down   -4.75 (-1.70%)   Dr Reddys Laboratories Ltd     2,552.35   Down   -12.65 (-0.49%)   Eicher Motors Ltd     21,625.30   Down   -352.80 (-1.61%)   GAIL (India) Ltd     344.30   Down   -1.05 (-0.30%)   Grasim Industries Ltd     874.75   Down   -7.20 (-0.82%)   HCL Technologies Ltd     958.50   Down   -65.75 (-6.42%)   HDFC Bank Ltd     1,967.75   Down   -6.85 (-0.35%)   Hero Honda Motors Ltd     2,712.75   Down   -94.80 (-3.38%)   Hindalco Industries Ltd     227.00   Down   -0.75 (-0.33%)   Hindustan Petroleum Corporation Ltd     215.90   Up   8.60 (4.15%)   Hindustan Unilever Ltd     1,578.40   Up   16.40 (1.05%)   Housing Development Finance Corporation Ltd     1,660.25   Down   -77.55 (-4.46%)   ICICI Bank Ltd     315.45   Up   0.65 (0.21%)   Indiabulls Housing Finance Ltd     653.80   Down   -134.85 (-17.10%)   Indian Oil Corporation Ltd     133.15   Up   0.85 (0.64%)   IndusInd Bank Ltd     1,576.70   Down   -27.20 (-1.70%)   Infosys Technologies Ltd     683.55   Down   -21.80 (-3.09%)   ITC Ltd     289.45   Up   3.00 (1.05%)   JSW Steel Ltd     363.50   Up   1.85 (0.51%)   Kotak Mahindra Bank Ltd     1,198.95   Up   22.95 (1.95%)   Larsen & Toubro Ltd     1,206.05   Down   -5.85 (-0.48%)   Mahindra & Mahindra Ltd     741.20   Down   -18.20 (-2.40%)   Maruti Suzuki India Ltd     6,756.45   Down   -129.15 (-1.88%)   NIFTY (S&P CNX)     10,303.55   Down   -149.50 (-1.43%)   NTPC Ltd     161.45   Down   -1.45 (-0.89%)   Oil & Natural Gas Corpn Ltd     160.45   Down   -1.65 (-1.02%)   Power Grid Corporation of India Ltd     189.15   Up   0.05 (0.03%)   Reliance Industries Ltd     1,101.30   Down   -50.00 (-4.34%)   State Bank of India     261.10   Down   -0.05 (-0.02%)   Sun Pharmaceuticals Industries Ltd     609.95   Up   16.50 (2.78%)   Tata Consultancy Services Ltd     1,913.20   Down   -16.20 (-0.84%)   Tata Motors Ltd     174.70   Down   -5.25 (-2.92%)   Tata Steel Ltd     554.95   Up   0.30 (0.05%)   Tech Mahindra Ltd     690.80   Down   -29.70 (-4.12%)   Titan Company Ltd     788.70   Down   -11.40 (-1.42%)   UltraTech Cement Ltd     3,609.60   Down   -113.40 (-3.05%)   UPL Ltd     644.35   Up   6.10 (0.96%)   Vedanta Ltd     211.10   Up   3.15 (1.51%)   Wipro Ltd     323.15   Down   0.00 (0.00%)   Yes Bank Ltd     217.90   Down   -14.00 (-6.04%)   Zee Entertainment Enterprises Ltd     455.20   Down   -8.40 (-1.81%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com