UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXIV V: 1132 days

NFO period: 01^st March – 09^th March 2016

Highlights of the NFO:

• Scheme type – A Close-ended Income Scheme.


• Investment objective – 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. 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 is Rs. 5,000/- and in multiples of Rs. 10/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan. Both the plan offer the following Options.


• 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 – Shri Sunil Patil


• Benchmark – CRISIL Composite Bond Fund Index