Fund News

UTI To Launch Regular Income Scheme

Last updated: 14-Nov-2022•Value Research

UTI is launching an open-ended income scheme on 12th September, 2002. It would be a debt scheme with marginal equity exposure and no assured returns. The scheme aims at distributing returns periodically. It would invest from 90 to 100 per cent in government securities, debentures and money market instruments and upto 10 per cent in equity and equity related instruments.

The minimum investment in the fund is Rs. 10,000 with subsequent investment in multiples of Rs. 1000. It offers two options: Growth and Income.

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