UTI Mutual Fund has launched the UTI Capital Protection Oriented Scheme Series IX-III (1462 Days), a close ended income scheme. The NFO opens for subscription on July 27, 2017 and closes on August 10, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.
The investment objective of the scheme is to protect capital by investing a portion of the portfolio in highest rated debt securities and money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities. The debt securities would mature on or before the maturity of the Scheme.