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UTI FIXED TERM INCOME FUND SERIES XVI I (366 DAYS) (A Close-Ended Income Scheme) The product is suitable for investors who are seeking*: v Regular income for short term v Investment in Debt/Money

How to fill out uti fixed term income

How to fill out UTI Fixed Term Income:

1. Start by obtaining the UTI Fixed Term Income form from your financial institution or online.
2. Fill in your personal information, including your name, address, contact details, and PAN (Permanent Account Number).
3. Provide the required details about the investment amount, including the desired tenure and the investment option you prefer.
4. Indicate your nominee details, including their name, relationship with you, and contact information.
5. Review the form for accuracy and make any necessary corrections before submitting it.
6. Attach the necessary documents, such as identity proof, address proof, and PAN card copy, as specified in the form guidelines.
7. Sign the form and date it appropriately.
8. Submit the completed form along with the required documents to the designated office or address mentioned on the form.

Who needs UTI Fixed Term Income:

1. Individuals looking for a fixed income investment option with relatively low risk.
2. Investors who prefer a fixed tenure investment with a predetermined interest rate.
3. Those who want the potential for regular income but do not want to actively manage their investments.
4. Individuals who are comfortable with a moderate level of risk and are willing to hold their investment until maturity.
5. People who are seeking a stable and predictable source of income over a specific time period.

For pdfFiller’s FAQs

What is uti fixed term income?

UTI fixed term income is a type of fixed term investment offered by UTI Mutual Fund. It allows investors to earn a fixed rate of interest on their investment for a specific period of time.

Who is required to file uti fixed term income?

Individuals or entities who have invested in UTI fixed term income scheme are not required to file any specific form for their investment. However, they may need to report the income earned from the scheme in their tax returns based on the applicable tax laws in their jurisdiction.

How to fill out uti fixed term income?

There is no specific form or process to fill out for UTI fixed term income as it is a mutual fund investment. Investors can invest in the scheme through the prescribed application form provided by UTI Mutual Fund.

What is the purpose of uti fixed term income?

The purpose of UTI fixed term income is to provide investors with a fixed return on their investment over a predetermined period of time. It allows them to earn regular income and preserve their capital.

What information must be reported on uti fixed term income?

Investors need to report the income earned from UTI fixed term income scheme in their tax returns. The information required to be reported may include the amount of income earned, applicable tax rate, and any deductions or exemptions claimed.

When is the deadline to file uti fixed term income in 2023?

The deadline to file UTI fixed term income in 2023 will depend on the tax laws and regulations applicable in the jurisdiction where the investor resides. It is advisable to consult with a tax professional or refer to the relevant tax authority's guidelines for the specific deadline.

What is the penalty for the late filing of uti fixed term income?

The penalty for the late filing of UTI fixed term income will depend on the tax laws and regulations applicable in the jurisdiction where the investor resides. It is advisable to consult with a tax professional or refer to the relevant tax authority's guidelines for the specific penalty.

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