SBI Mutual Fund has launched new fund offer  “ UTI Fixed Term Income Fund Series XXVI – III (1169 Days) ”  a close-ended Income scheme. The NFO Open for subscription on 06 Feb. 2017 and close on 20 Feb. 2017. 

The scheme’s objective is to generate returns by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. 

The tenure of the scheme is 1169 days from the date of allotment of units. The face value of the new issue will be Rs. 10 per unit. 

Issue DetailsUTI Fixed Term Income Fund - Series XXVI - III
Issue Open06 Feb 2017
Issue Close20 Feb 2017
Issue TypeClosed Ended Income Scheme
Face ValueRs 10
Entry LoadNil
Minimum Application Amt5000
BenchmarkCRISIL Composite Bond Index
Fund ManagerMr. Sunil Patil

Cheque in favor of  :  UTI Fixed  Term Income Fund  – Sereis XXVI -III


Investment Strategies 

The scheme would invest in a diversified portfolio of various rated papers i.e., corporate bonds, debentures, etc which mature on or before the date of maturity of the scheme. As the scheme is a close ended fund with no regular inflows and as redemption is not allowed till maturity, the portfolio normally constructed in the beginning for the tenure of the scheme would have low portfolio turnover. The locked-in portfolio would nearly eliminate interest rate risks providing a potential opportunity for better returns.


Call Mutual Fund adviser, agent, broker for Investment

Rajendra – 77 1991 7444

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