UTI Asset Management Company Limited launched UTI Long Duration Fund, an open-ended debt scheme investing in debt and money market instruments such that the portfolio Macaulay duration is above 7 years. The scheme will have a relatively high interest rate risk and relatively low credit risk. The NFO starts on March 6, 2023 and closes on March 15, 2023.

The scheme aims to generate optimal returns with adequate liquidity by investing in a portfolio of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee/indicate any returns.

Salient features of UTI Long Duration Fund. Eligible Investors. Investors with long-term investment goals.

Investors aiming to diversify their retirement portfolio. Investors who have a low-risk appetite for credit exposures, seeking a high-quality portfolio and tax-efficient reasonable returns. New Fund Offer Price.

During the NFO period, the units of the scheme will be sold at face value, i.e., INR 10/- per unit. Minimum Application Amount. The minimum application amount is INR 5,000/- and in multiples of INR 1/- thereafter.