| Scheme Profile | |
| Name of the scheme | UTI Fixed Term Income Fund Series XXIV- V |
| Nature of the Scheme | A Close Ended Income Scheme with a tenure of 1132 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 | 01st March 2016 (Tuesday) |
| Closing Date | 15th March 2016 ( Tuesday ) |
| Date of Allotment | 16th March 2016 (Wednesday ) |
| Maturity Date | 22nd April 2019 ( Monday ) |
| Entry Load | NIL |
| Exit Load | Nil at Maturity . Redemption not permitted before maturity |
| Listing /Liquidity | Units of UTI FTIF XXIV- V 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
|
| 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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