UTI Mutual Fund launches UTI Corporate Bond Fund

NFO period: 23^rd July – 06^th August, 2018

Highlights of the NFO:

• Scheme type – An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds


• Investment objective – The investment objective of the scheme is to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized. The Scheme does not guarantee / indicate any returns.


• Product suitability – The product is suitable for investors who are seeking optimal returns over the medium to long term by investing predominantly in AA+ and above rated corporate debt.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


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


• Growth Option


• Quarterly Dividend Option with both Payout & Reinvestment facilities


• Half Yearly Dividend Option with both Payout & Reinvestment facilities


• Annual Dividend Option with both Payout & Reinvestment facilities


• Flexi Dividend Option with both Payout & Reinvestment facilities


• Fund Manager – Mr. Sudhir Agrawal and Mr Sunil Patil


• Benchmark – CRISIL Corporate Bond Composite Index