UTI MF has launched UTI Fixed Term Income Fund-Series IV Plan II (January 2008-15 Months). This is a close ended income scheme with tenure between 12 to 24 months. The objective of the scheme is to generate income by investing in a portfolio of fixed income securities normally maturing in line with the duration of the scheme. The fund will invest 30-100% in debt including securitised debt. The scheme will invest 0-70% in money market instruments. The investment in securitised debt will be up to 100%.
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