UTI Indian Fixed Income Fund Retail Class
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UTI Indian Fixed Income Fund seeks to generate returns by investing in a diverse range of fixed income securities, including bonds and debentures issued by India's Central and State Governments, public sector undertakings, and companies that are either based in India or have significant business operations there. The fund holds both local Indian Rupee (INR) and foreign currency debt from these Indian issuers, ensuring that all non-sovereign investments have credit ratings of A or higher from recognized rating agencies. Additionally, to maintain liquidity and safety, the fund may allocate assets to high-quality treasury securities, investment-grade bank deposits, money market funds, and selected debt-oriented mutual funds.