Career Search

Friday, September 23, 2016

UTI Short Term Income Fund

UTI Short Term Income Fund Online
 
 
 The fund seeks to generate steady and reasonable income, with low risk and high level of liquidity from, a portfolio of money market securities and high quality debt with maturity upto 4 yrs.
 

A fund which has managed a near 9.5 per cent CAGR over five years, this three-star fund uses a combination of sovereign and corporate bonds to earn short-term returns. The direct plan has managed returns that are 50-60 basis points ahead of the institutional plan in the last three years.

 

The fund is among the most conservative funds in the category in terms of taking on credit risk, given that nearly 90 per cent of the portfolio is parked in G-secs or A1+ or AAA corporate bonds. The fund does not shop below AA-rated corporate bonds for better returns. Instead, it takes a limited exposure to long duration G-secs to make the most of rate falls. The average maturity of the portfolio has hovered at three-four years on occasion but stood at a moderate 2.2 years by April 2016 end. This indicates that the fund takes rate risks to a limited degree.

 

-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

No comments: