UTI Mutual FundHigh Yield FMP – NFO UTI FTIF Sr.XXIX-XIII (1122 Days) is launched from today i.e. 2nd July 2018 & will remain opened for sale up to 16th July 2018.

FMP  is an ideal investment option  forspanCorporate, HNIs ,  MNIs , Re font-family: Calibri; font-size: medium;”tail Investors ,  Conservative investors who hesitant to enter into  equity schemes and those who wish to have tax efficient returns .  We must target  existing FMP Investors, Prospective  Investors with surplus cash & Investors who wish to invest in GOI  Saving Schemes, Company FDs  , Bank deposits and Tax free bonds  etc.

USP of FMP:

  • Higher  safety of capital  in view of diversified portfolio of various  rated papers i.e.  Money market instruments , Corporate bonds and Debentures.
  • Aims for Stable and Reasonable  returns due to locked in portfolio.
  • Low interest rate risk, as  investment is held upto maturity.
  • Tax Efficiency (as per the prevailing Income Tax Rules & Regulation)
    – Scope for  Indexation benefit . 
    – No Tax Deducted at Source (TDS) unlike other conventional avenues of investments

 


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Summary of Scheme :

Scheme  Profile
Name of the scheme UTI Fixed Term Income Fund Series XXIX-XIII
Nature of the Scheme A Close Ended Income Scheme with a tenure of 1122 days
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.
Launch Date 02nd July   2018  (Monday)
Closing Date 16th  July   2018  (Monday)
Date of Allotment 17th  July   2018  (Tuesday)
Maturity Date 12th Aug   2021  (Thursday )
Entry Load NIL
Exit Load NIL   at Maturity .  Redemption not permitted before maturity.
Listing /Liquidity Units of UTI FTIF XXIX-XIII  will be listed on NSE  and hence  withdrawal / redemption prior to maturity is not allowed. As per SEBI guidelines,the AMC/Mutual Fund shall not redeem the units of the scheme before the date of maturity
Asset Allocation Debt Instruments :   Mini:80% &  Max:100%    Risk Profile : Low to Medium                                  Money market Instruments :   Mini: 0% &  Max:  20%    Risk Profile : Low
Sectors in which the scheme shall not  invest Securities issued by companies in Aviation,  Gems and Jewellery
Plans /Option / Sub-options There will be two plans namely Regular Plan and Direct Plan. Each Plan  offers the following option(s) : (i) Growth Option (ii) Quarterly Dividend withPayout Option (iii) Annual Dividend with Payout Option    (iv) Flexi Dividend with Payout Option &  (v) Maturity Dividend with Payout Option
Face Value Rs.10 per unit
Minimum amount of Investment Rs.5000/-   & in multiples of Rs.10/-under all options / Plans
Benchmark Index Crisil Composite Bond Fund Index
Facility of Transfer / Pledge / Assignment of Units Units of  the scheme are transferable.  Pledge / Assignment of units permitted only in favour of Banks or other financial institutions ( Pl refer to  SID for further details )
FMP Collection Account  Details
HDFC  BANK  Fort A /C No: 00600350022688    IFSC  Code:  HDFC0000060 –   UTI MUTUAL FUND  FMP COLLECTION
AXIS  BANK  Fort A/C No: 004010202372354   IFSC  Code:  UTIB0000004  –  UTI MF FMP COLLECTION
Scope for Indexation Benefit  subject to prevailing Income  Tax laws ,Rules and Regulations . Please refer to Tax Laws, Rules and Regulations  and consult Tax Consultant for further clarifications.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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Download “UTI Fixed Term Income Fund Series XXIX-XIII” Application Form

Download “UTI Fixed Term Income Fund Series XXIX-XIII” Description 

For More Details Contact us 011-42445800 / 9650901058

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To Invest in UTI Fixed Term Income Fund Series XXIX-XIII, Submit Your Details Below: