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UTI Fixed Term Income Fund Series

Invest UTI Fixed Term Income Fund  Series Online
 
Launch of New Fund Offer UTI Fixed Term Income Fund Series XXIV - II
 
 
Scheme Profile  
Name of the scheme UTI Fixed Term Income Fund  Series XXIV- II
Nature of the Scheme A Close Ended Income Scheme with a tenure of 1142 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 15th February  2016   ( Monday)
Closing Date 26th February  2016  ( Friday )                                                    
Date of Allotment 29th February   2016   (Monday )                                                  
Maturity Date 16th  April         2019   (Tuesday )
Entry Load   NIL  
Exit Load Nil  at Maturity .  Redemption not permitted before maturity .                                                                
Listing /Liquidity Units of UTI FTIF XXIV- II   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 and Real Estate sectors
Plans/ Option / Sub-options There will be two plans viz; Regular Plan and Direct Plan . Each scheme / Plan(s) offers the following option(s)  : (i) Growth Option (ii) Quarterly Dividend Payout Option (iii) Annual Dividend Payout Option    (iv) Flexi Dividend Payout Option and (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
Option available on maturity of the scheme On maturity of the scheme, the outstanding units shall be either redeemed and proceeds will be paid  to the unit holder or will be switched out to any existing open ended scheme / a Fixed Term Income Fund of UTI MF open for sale on the date of maturity , as opted by the unit holder, as the case may be
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  
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