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Friday, February 06, 2009

UTI MF declares dividend under Fixed Income Interval Fund

Record date for dividend is 12 February 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 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 both retail and institutional plan was at Rs 10.0447 and Rs 10.0446 per unit, respectively as on 04 February 2009.

UTI Fixed Income Interval Fund – Monthly Interval Plan II is a debt oriented interval scheme with income-oriented portfolio consisting G-sec and other fixed income and debt securities. The investment objective of the scheme is generating 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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