UTI Mutual Fund launches UTI Long Term Advantage Fund Series VII

NFO period: 21^st December, 2017 – 21^st March, 2018

Highlights of the NFO:

• Scheme type – A 10 year Close-ended equity linked savings scheme


• Investment objective – The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there can be no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking capital appreciation over a period of 10 years by investing in equity and equity related instruments of companies along with income tax benefit u/s 80C of the Income Tax Act, 1961.


• Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 500/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option with Payout Option only.


• Fund Manager – Mr. Sachin Trivedi


• Benchmark – S&P BSE 500 Index