UTI Banking and PSU Debt Fund NFO

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UTI Banking and PSU Debt Fund Invest Online

UTI MF announced the NFO of UTI Banking & PSU Debt Fund. The scheme will open for subscription on January 27, 2014 and close on January 30, 2014.

 

Investment Objective: The investment objective of the scheme is to generate steady and reasonable income through investments in Debt & Money Market securities by Banks and Public Sector Undertakings (PSUs).

 

Load Structure: There will no entry load and exit load will be 0.25 per cent for redemption within 30 days.

The unit holders who do not redeem/switch the current value of their holdings, will be converted into units of respective surviving scheme, by allotting units at the applicable NAV as on February 28, 2014.

 

 

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