October 28, 2022
mayank
NFO of UTI Fixed Term Income Fund – Series XXXV – I (1260 Days)
NFO opens on November 03 ,2022
NFO will close on November 09 ,2022
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
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.
Basic Details
| Fund House | UTI Mutual Fund |
| Issue Open | 03 November 2022 |
| Issue Close | 09 November 2022 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW, IDCW Quarterly, IDCW Yearly, Flexi IDCW |
| Tenure (Days) | 1260 |
| Riskometer | Moderate |
| Benchmark | CRISIL Medium Term Debt Index |
About Benchmark Index
CRISIL Medium Term Debt Index seeks to track the performance of a medium term debt portfolio comprising of government securities and AAA/AA rated corporate bonds
Features
● Total Return Index seeking to capture coupon and price returns of the underlying portfolio
● Base date for the Index : October 01, 2004
● Index portfolio marked-to-market on a daily basis using CRISIL Gilt and Bond valuations
● Index is fully invested at all points of time with no cash component
● Derived index from the following sub-indices
− CRISIL Short Term Gilt Index
− CRISIL AAA Medium Term Bond Index
− CRISIL AA Medium Term Bond Index
Key Characteristics
● Rich history: CRISIL Medium Term Debt Index has an inception date of October 01, 2004. Thus the index has
been in existence over a decade, seen multiple interest rate cycles, and has stood the test of time
● Liquidity: The index seeks to capture the movement in a portfolio consisting of most liquid government and
corporate securities by using appropriate market representation
● Replicability: The index constituents are valued on a daily basis. This lends the index a realistic approach by
having the valuations close to the market levels
Methodology
● Weights to government securities will be fixed at 15%
● Weights to sub-indices within corporate bonds will be rebalanced annually based on previous year issuances
● Index valued on a daily basis using CRISIL Gilt and Bond valuations
CRISIL Medium Term Debt Index: Asset Allocation – April 2017
| Sub Index | Weights (%) |
| CRISIL Short Term Gilt Index | 15 |
| CRISIL AAA Medium Term Bond Index | 64 |
| CRISIL AA Medium Term Bond Index | 21 |
CRISIL Medium Term Debt Index: Index Details – March 1, 2018
| Parameters | Values |
| Average Maturity (years) | 3.90 |
| Modified Duration (years) | 3.16 |
| Macaulay Duration (years) | 3.41 |
Fund Manager
1) Sunil Patil
Education : Mr. Sunil Patil is an M.Com, MFM and CA LLB-I.
Experience : He joined UTI AMC in October 1989. He has overall 31 years of experience in Primary Market Investment / Dealing and Fund Management.
Past Performance of his Schemes
| Fund | UTI Equity Savings Fund | It’s Benchmark | UTI Multi Asset Fund | It’s Benchmark |
| 1 Year | 3.43 | 0.95 | 1.20 | -0.81 |
| 3 Year | 10.34 | 8.56 | 9.64 | 14.61 |
| 5 Year | — | — | 6.27 | 11.68 |
| 7 Year | — | — | 7.05 | 11.72 |
| 10 Year | — | — | 7.06 | 12.23 |
AMC:
UTI Asset Management Company Ltd
Address: 1st Floor, Signature, Office No.103 Valsad Dharampur Road Mumbai – 396001
Website: http://www.utimf.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Guidance for NFO of UTI Fixed Term Income Fund – Series XXXV – I (1260 Days)
by Paresh Gordhandas, Research Analyst.
Updated Soon
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