UTI Mutual Fund launches UTI Fixed Term Income Fund Series XXIV XI: 1098 Days

NFO period: 07^th April – 21^st April 2016

Highlights of the NFO:

• Scheme type – A close-ended income scheme


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


• Plan/ Options available – Regular Plan and Direct Plan. Both Plans 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


• Maturity period – 1098 days from the date of allotment