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.
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.
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