UTI Mutual Fund files offer document for its UTI-Capital Protection Oriented Scheme – Series V

UTI Mutual Fund has filed a draft offer document with SEBI for its close ended capital protection oriented income scheme called - UTI-Capital Protection Oriented Scheme – Series V. This fund consists of two plans having tenure from 366 days to 2000 days.

The scheme aims to protect the capital by investing in high quality fixed income securities and to generate capital appreciation by investing in equity and equity related instruments.

The scheme will be benchmarked against CRISIL MIP Blended Index. The fund will be co-managed by Sunil Patil and V Srivasta.