New Fund Offer: UTI-Focussed Equity Fund-Series I (1100 days)
(A Closed Ended Equity Scheme)
The product is suitable for investors who are seeking*:
- Long term capital growth.
- A close ended scheme that aims to provide capital appreciation by investing in equity and equity related securities
- High risk (Brown)
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Note: Risk may be represented as:
|(BLUE) investors understand that their principal will be at low risk||(YELLOW) investors understand that their principal will be at medium risk||(BROWN) investors understand that their principal will be at high risk|
|New Fund Offer Opens on||Wednesday, August 13, 2014|
|New Fund Offer Closes on||Wednesday, August 27, 2014|
Highlights of UTI-Focussed Equity Fund-Series I (1100 days)
|Nature of the Scheme||A close ended equity oriented scheme. The Scheme will have tenure of 1100 days from the date of allotment of units.|
|Investment Objective||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 does not guarantee/indicate any returns. There can be no assurance that the Scheme’s objectives will be achieved.|
|Plans / Options Offered||The Scheme offers two plans Regular Plan and Direct Plan* with a common portfolio and separate NAVs. Investors should indicate the Plan for which the subscription is made by indicating the choice in the application form.Each of the above Regular and Direct Plan under the Scheme will have the following Options:
Direct Plan is only for investors who purchase /subscribe Units in the Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor.
|Liquidity||During the New Fund Offer, the units of the Scheme will be sold at the face value of `10/- per unit. Redemption will be done on maturity date at NAV based price of the scheme.As per SEBI guidelines, the AMC/Mutual Fund shall not redeem the units of the scheme before the date of maturity.The units of the Scheme will be listed on National Stock Exchange (NSE), after the closure of the New Fund Offer period. Investors will be able to enter and exit the Scheme through transactions in the secondary market within five business days of allotment.|
|Redemption / Maturity||The Scheme will come to an end on the maturity date. On maturity of the Scheme, the outstanding Units shall either be redeemed and proceeds will be paid to the Unitholder or will be switched-out to any existing open ended scheme of UTI Mutual Fund in the respective options, as opted by the unitholder, as the case may be.If the investor does not select any of the aforesaid options then the units of the Scheme will be compulsorily and without any further act by the Unitholder(s) redeemed on the Maturity Date/Final Redemption Date. On the Maturity / Final Redemption Date of the Scheme, the units under the Scheme will be redeemed at the Applicable NAV. For Redemptions made on the Maturity Date / Final Redemption Date, the AMC will not charge any Exit Load.|
|Benchmark||S&P BSE 200 Index|
|Entry/ Exit Load||Entry Load: Not Applicable as per SEBI guidelinesExit Load: NIL at maturity. (Premature withdrawal is not allowed)|
|Transparency/ NAV Disclosure||Declaration of NAV on a daily basis within 5 business days from the date of allotment.|
|Minimum Application Amount||Minimum amount of investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter.|
Download Application form here
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