UTI Fixed Term Income Fund - Series X-II (369 days)

Overview
Performance
Portfolio
Fund Manager
Scheme Documents
Fees

Investment Objective

The scheme aims to generate returns by investing in a 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.

Investment Information

Tenure

369 days

Type

Close-ended Income Scheme

Plan opens on

07-July-2011

Plan closes on

13-July-2011

Offer Price

Maturity Date

16-July-2012

Options

Growth Option, Dividend Option with Payout & Reinvestment facility

Fund Managers

Mr. Amandeep Singh Chopra

Mr. Amandeep Singh Chopra is a graduate from St. Stephens College, Delhi and an MBA from FMS, Delhi.

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Fund Managers

Mr Manish Joshi

Manish Joshi is M.Sc, MFM.

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Who Should Invest

For all class of investors i.e. Corporates , High Networth Investors (HNIs) & Retail who have a pre decided investment horizon.
Fixed Term Income Funds (FTIFs) are preferable for
– Risk-averse investors who seek avenues for investment and in the process keep money in the form of bank deposits
– Investors who want to park money for a fixed period of time with a view to meeting certain financial goals in near future

Tax Angle

Subject to prevalent tax laws (Please refer to the clause on Taxation in the Statement of Additional Information (SAI))
• In the case of FTIFs the return can be in the form of dividend or capital appreciation depending upon the option of the investor
– Dividend is tax free in the hands of the investor while the fund has to incur a Dividend Distribution Tax

Fund Manager - Biography

Mr. Amandeep Singh Chopra

Mr. Amandeep Singh Chopra is a graduate from St. Stephens College, Delhi and an MBA from FMS, Delhi. He has worked with Aaina Exports Ltd. as a production co-ordinator and at Stenay Ltd. as a Quality Control Inspector. He has been with UTI AMC since 1994 and has been responsible for increasing the asset value in some select funds. He has achieved CPR1 and CPR2 ranking for several funds as a Fund Manager. Three of his funds namely UTI Liquid Cash Plan, UTI Liquid Cash Plan-Institutional and UTI Bond Fund have been awarded CNBC TV-18 Crisil Mutual Award. Presently, he is the Head of the Fixed Income Group at UTI.

Fund Manager - Biography

Mr. Manish Joshi

Over 14 years of experience. Joined UTI AMC on February 1997 as Assistant Manager. He has worked in International Finance, Dealing and Funds Management – Income. Currently he is working in the capacity of Fund Manager UTI Liquid Cash Plan, UTI Fixed Maturity Plans, UTI Money Market Fund and UTI Floating Rate Fund STP

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Minimums for Lumpsum

Plan	Investment in Rupees
Minimum Application amount	Rs 10,000/- under Dividend Option & Rs 5,000/- under Growth Option and in multiples of Rs 10/-