About UTI Banking & PSU Debt Fund Direct-Dividend Yearly Payout
UTI Banking & PSU Debt Fund Direct-Dividend Yearly Payout is a
Debt mutual fund scheme from
UTI Mutual Fund. This scheme was launched on 15 Sep 2014 and is currently managed by its fund manager
Sudhir Agrawal. It has an AUM of ₹147.09 Crores and the latest NAV decalared is ₹10.462 as on 13 Dec 2019 at 12:00 am.
UTI Banking & PSU Debt Fund Direct-Dividend Yearly Payout scheme return performance in last 1 year is -0.95%, in last 3 years is 12.24% and 13.33% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
Scheme Objective
The scheme seeks to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).