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UTI Mutual Fund launches 'UTI Long Duration Fund'

UTI Mutual Fund (UTI) launches '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 company said via an exchnage filing. 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.
Vetri Subramaniam Uti Mutual Fund Fund Offer Price Long Duration Fund Duration Fund Macaulay Duration

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