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As On 17-Nov-2017
SENSEX
33,342.80
235.98 (0.71%)
NIFTY
10,283.60
68.85 (0.67%)
EQUITY
    No Companies Visited

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  • UTI Fixed Term Income Fund – Series XXVIII – I (1230 days) Floats On

    NFO period is from 08 November to 22 November 2017

    UTI Mutual Fund has launched a new fund named as UTI Fixed Term Income Fund – Series XXVIII – I (1230 Days), a close ended income scheme. The duration of the scheme is 1230 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 08 November to 22 November 2017.

    The investment objective of the scheme is to generate returns by nvesting in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme.

    The scheme offers growth option, quarterly dividend option with payout and reinvestment facility, flexi dividend option with payout and reinvestment facility, annual dividend option with payout and reinvestment facility and maturity dividend option with payout facility.

    The scheme would allocate 80%-100% of assets in debt instruments with low to medium risk profile and invest upto 20% of assets would be allocated to money market instruments with low risk profile.

    The minimum application amount is Rs 5000 and in multiples of Rs 10 under all the options.

    The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

    Entry and exit load charge will be nil for the scheme.

    Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.

    Sunil Patil is the fund manager for the scheme.

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Flash News 17-Nov-2017
  •  ( 16:14) Sensex rises 235.98 points or 0.71% to settle at 33,342.80  
  •  ( 15:46) Market closes with impressive gains  
  •  ( 14:34) Sunshield Chemicals wins order from Elantas GmbH  
  •  ( 13:53) Axis Bank keeps MCLRs unchanged from 18 Nov  
  •  ( 11:42) Cabinet hikes carpet area of houses for subsidy scheme  
  •  ( 11:28) HDFC Standard attracts modest premium on debut  
  •  ( 10:51) Gati's cons. Q2 PAT jumps 179.17% to Rs 20.77 crore  
  •  ( 10:41) HDFC Standard lists a Rs 311 on BSE  
  •  ( 10:13) Cipla receives USFDA nod for generic Pulmicort Respules  
  •  ( 09:46) Bank of Baroda to consider Rs 6000 cr fund raising plan  
  •  ( 09:27) RBI allows hike in FPI limit in Petronet to 40% from 30%  
  •  ( 08:51) Moody's changes India's govt bond outlook to stable  
  •  ( 08:50) Moody's upgrades India's govt bond rating to Baa2 from Baa3  
  •  ( 08:20) GST: Cabinet nod for national anti-profiteering authority  
  •  ( 07:55) US stocks advance on Thursday  
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17 November 2017 00:00
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