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Wednesday, January 28, 2009

UTI MF declares dividend under FMP

Record date for dividend is 03 February 2009

UTI Mutual Fund has announced dividend under dividend option of UTI Fixed Maturity Plan – Quarterly Series (QFMP-10-08/ II). The record date for the declaration of dividend is 03 February 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 retail plan was at Rs 10.1680 per unit and institutional plan was at Rs 10.1681 per unit as on 23 January 2009.

UTI Fixed Maturity Plan is a close ended umbrella income scheme with investment objective to generate regular income through investments in debt/money market instruments and government securities with suitable maturity.

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