UTI Mutual Fund launches UTI Long Duration Fund

NFO
Mar 6, 2023 by Advisorkhoj Team | NFO | 5 Downloaded

NFO period: 06th March – 15th March, 2023

Highlights of the NFO:

  • Scheme type – An open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is greater than 7 years. Relatively High Interest rate risk and Relatively Low Credit Risk

  • Investment objective – The scheme aims to generate optimal returns with adequate liquidity by investing in a portfolio of debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

  • Product suitability – The product is suitable for investors who are seeking long term wealth creation. A debt scheme that invests in debt and money market instruments with an aim to maximise income while maintaining an optimum balance of yield, safety and liquidity.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility) Option.

  • Fund Manager – Mr. Sunil Patil

  • Benchmark – CRISIL Long Duration Fund AIII Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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