UTI Mutual launches new infrastructure fund

UTI Mutual Fund on Monday said it had launched a new fund scheme called UTI-Infrastructure Advantage Fund-Series I.

MUMBAI: UTI Mutual Fund on Monday said it had launched a new fund scheme called UTI-Infrastructure Advantage Fund-Series I.

The 3-year close-ended fund opens Nov. 12 and closes December 19 and will invest in sectors including construction, energy, engineering, metals, power, telecoms, transport and airports, the fund house said in a statement.

A minimum investment of 5,000 rupees has been set for the fund with no entry or exit loads, UTI added.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Mutual Funds › Mutual Funds News › UTI Mutual launches new infrastructure fund
Text Size:AAA
Success
This article has been saved

*

+