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Tuesday, January 06, 2009

UTI MF declares dividend under Fixed Income Interval Fund

Record date for dividend is 12 January 2009

UTI Mutual Fund has announced dividend under dividend option of UTI Fixed Income Interval Fund -Monthly Interval Plan II. The record date for the declaration of dividend is 12 January 2009.

The quantum of dividend will be 100% of distributable surplus available on the record date on face value of Rs. 10 per unit. The NAV for the scheme for both retail and institutional plan was at Rs. 10.0516 per unit as on 02 January 2009.

UTI Fixed Income Interval Fund -Monthly Interval Plan II is a debt oriented interval scheme with an objective to generate regular income by investment in a portfolio of fixed income securities normally maturing in line with the time profile of the plan.

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