UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXIII IX 1100 days

NFO period: 24^th November – 07^th December 2015

Highlights of the NFO:

• Scheme type – A close-ended income scheme with a scheme tenure of 1100 days.


• Investment objective – 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. However, the scheme does not guarantee / indicate any return. There is no assurance that the funds objective will be achieved.


• Product suitability – The product is suitable for investors who are seeking regular income for fixed term by investing in Debt/Money Market Instrument/Govt. Securities.


• Minimum Application Amount – First investment Rs. 5,000/- and multiples of Rs. 10/- thereafter.


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option, Quarterly Dividend Option with Payout facility, Flexi Dividend Option with Payout facility, Annual Dividend Option with Payout facility & Maturity Dividend Option with Payout facility.


• Fund Managers – Mr. Sunil Patil


• Benchmark – CRISIL Composite Bond Fund Index is the benchmark for the Scheme.