UTI Focussed Equity Fund Series - II - NFO

UTI Mutual Fund has unveiled a new fund named as UTI Focussed Equity Fund Series - II, a close ended equity scheme with the duration of 1102 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 2014,  December 4 and close on  December 18 -  2014.

The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of listed companies. The scheme will without any capitalization bias endeavor to invest in either growth stocks or value stocks or both.

The Scheme will normally hold upto 30 stocks in the portfolio.

The scheme offers two options viz. growth and dividend payout option.

The scheme will allocate 65 % to 100 % of assets in equity and equity related instruments with high risk profile and invest upto 35% of assets in debt & money market instruments with low to medium risk profile.

The minimum application amount is Rs. 5,000.

Entry load:
Not applicable.

Exit load:
Nil.

Benchmark Index for the scheme is S&P BSE 200 Index.

The fund managers of the scheme are Mr. Anoop Bhaskar and Mr. Lalit Nambiar. Mr. Arprit Kapoor is the dedicated fund manager for investments in ADRs / or GDRs / or Foreign Securities.

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