UTI Mutual Fund has launched the New Fund Offer (NFO) of UTI FTIF Series XIII - I (368 DAYS), a close ended income scheme. The NFO opens for subscription on December 7, 2012 and closes on December 12, 2012. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs. 5000 under Growth & Rs 10000 under other Options.
The investment objective of the scheme is to generate returns by investing in 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.