A Resilient Fund

FUND PICK: UTI Bond Fund

Returns at a reasonable cost and low volatility make UTI Bond Fund a good buy

Background: UTI Bond Fund is among a few medium-term debt funds that come with a minimum investment of Rs 1,000.

The fund charges a contingent deferred sales load of 0.50 per cent for redemptions made within 90 days of investment.

Performance: UTI Bond rarely tops its category when the going is good, but it is less likely to take a severe hit during tough times.

Given the fund