The objective of the scheme is to generate reasonable income and capital appreciation by investing in debt & money market instruments across different maturities and credit ratings. There is no assurance that the investment objective of the scheme will be achieved.
The new fund will open for subscription on October 25 and will close on November 8. The fund will target retail investors, high net-worth individuals and corporates.
Minimum subscription amount will be Rs 5000. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit
Entry Load is nil for the scheme. Exit Load rates are: a) 365 days and
For more details visit www.utimf.com