Edition: International
Thursday 24 July, 2025
BREAKING NEWS

Massive ED Raids Target Anil Ambani in Multi-crore Money Laundering Probe

  • News
    • Kochi
    • Trivandrum
    • Kozhikode
  • Sports
  • Business
  • Health
  • Entertainment
    • E24hrs
    • Cinema
    • Directors
    • Actors
  • Education
    • Career
  • Automobile
  • Personalities
    • Political Leaders
  • Religion
    • Christian
      • Catholic
      • Latin Catholic
      • Syro Malabar
    • Hindu
    • Islam
  • Environment
  • More
    • Food
    • Wellness
    • Lifestyle
    • Beauty & Fashion
    • Fitness
    • Mental Health
    • Yoga
    • Video
  • മലയാളം
BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
India-UK Sign Landmark Free Trade Agreement
Pioneering Kerala Innovation Festival to Begin on July 25
Federal Bank Launches India’s First-Ever Biometric Authentication for Ecom Card Transactions
BJP Eyes Loyalist for Vice-President Post After Dhankhar’s Exit, Nitish Kumar Not in Race
Mid-air Fight Erupts on Flight After Passenger Calls Group of Women ‘Stupid’
    • News
      • Kochi
      • Trivandrum
      • Kozhikode
    • Sports
    • Business
    • Health
    • Entertainment
      • E24hrs
      • Cinema
      • Directors
      • Actors
    • Education
      • Career
    • Automobile
    • Personalities
      • Political Leaders
    • Religion
      • Christian
        • Catholic
        • Latin Catholic
        • Syro Malabar
      • Hindu
      • Islam
    • Environment
    • More
      • Food
      • Wellness
      • Lifestyle
      • Beauty & Fashion
      • Fitness
      • Mental Health
      • Yoga
      • Video
    • മലയാളം
  • Business
  • UTI Mutual Fund launches ‘UTI Corporate Bond Fund”

    By NE Reporter on July 26, 2018

    MUMBAI:
    UTI Mutual Fund (UTI) launches a new open ended debt scheme – “UTI Corporate Bond Fund” which will predominantly invest in highest rated and AA+ rated corporate bonds. ”. The New Fund Offer has opened on July 23, 2018 and will close on August 8, 2018.
    The investment objective of the scheme is to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However there can be no assurance that the investment objective of the scheme will be realised. The scheme does not guarantee / indicate any returns.
    Sudhir Agrawal and Sunil Patil are the Fund Managers of the scheme. On the occasion, Sudhir Agrawal said,” The scheme aims to generate optimal returns with low risk and high liquidity by investing at least 80% in a portfolio of high quality bonds. The scheme will be adopting a buy and hold investment style wherein investments would be made in corporate bonds with a maturity of 3 to 4 years to generate accrual income.”
    Suraj Kaeley, Group President (Sales and Marketing), UTI AMC said, “Investors will be able to reap benefit of tax efficient returns and liquidity, along with the possibility to lock in yields prevalent at the time of investment.”
    Salient Features of UTI Corporate Bond Fund

    Eligible Investors:
    The scheme is open to resident individuals, non-resident Indians, Institutions, Banks, eligible trusts, financial institution, Foreign Portfolio Investor (FPI) etc.
    New Fund Offer Price:
    During the NFO period, the units of the scheme will be sold at face value i.e. Rs.10/-per unit

    Iscea

    NE Reporter

    Corporate Bond FundUTI Mutual Fund

    more recommended stories

    • Pioneering Kerala Innovation Festival to Begin on July 25

      KOCHI:Blazing a new trail in India’s.

    • Federal Bank Launches India’s First-Ever Biometric Authentication for Ecom Card Transactions

      KOCHI:Federal Bank, a leading private sector.

    • Bank of Baroda Marks its 118th Foundation Day

      MUMBAI:Bank of Baroda (Bank) observed its.

    • Netafim India, Orbia’s Precision Agriculture Business, Celebrates 60 Years of Empowering Farmers

      MUMBAI:Netafim India, a subsidiary of Netafim.

    • Officials of Toyota, DSI Visit Technopark to Explore Auto Tech Ecosystem

      THIRUVANANTHAPURAM:A high-level delegation comprising officials of.

    • Conrad Pune Relaunches its Signature Literary Series

      PUNE:One of Pune’s most iconic luxury.

    • Tata Power Renewable Energy Limited Secures 120 MWh Battery Energy Storage Purchase Agreement

      KOCHI:Tata Power Renewable Energy Limited (TPREL),.

    • Tata Neu HDFC Bank Credit Card Offers Spotify Premium as a Perk For Its Cardholders

      KOCHI:Tata Digital has partnered with Spotify.

    • AI Meets Innovation: Samsung Launches its Future-Forward

      KOCHI:Samsung, India’s largest consumer electronics brand,.

    • IGI Reaffirms Commitment to 4Cs Grading for all Diamonds

      MUMBAI: The International Gemological Institute (IGI),.

    Live Updates

    • India-UK Sign Landmark Free Trade Agreement
    • Pioneering Kerala Innovation Festival to Begin on July 25
    • Federal Bank Launches India’s First-Ever Biometric Authentication for Ecom Card Transactions
    • BJP Eyes Loyalist for Vice-President Post After Dhankhar’s Exit, Nitish Kumar Not in Race
    • Mid-air Fight Erupts on Flight After Passenger Calls Group of Women ‘Stupid’

    NewsExperts.in

    • മലയാളം
    • മലയാളം

    What’s New ?

    • India-UK Sign Landmark Free Trade Agreement
    • Pioneering Kerala Innovation Festival to Begin on July 25
    • Federal Bank Launches India’s First-Ever Biometric Authentication for Ecom Card Transactions
    • BJP Eyes Loyalist for Vice-President Post After Dhankhar’s Exit, Nitish Kumar Not in Race
    • Mid-air Fight Erupts on Flight After Passenger Calls Group of Women ‘Stupid’

    Newsexperts.in - powered by Klickevents Infosolutions (P) LTD