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Friday, May 22, 2009

UTI MF declares dividend for fixed income monthly interval plan

Record date for dividend is 28 May 2009

UTI Mutual Fund has announced dividend under dividend option of UTI Fixed Income Interval Fund – Monthly Interval Plan I. The record date for the declaration of dividend is 28 May 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 of retail plan was at Rs 10.0508 per unit and institutional plan was at Rs 10.0507 per unit as on 20 May 2009.

The specified transaction period will be 28 May 2009.

UTI Fixed Income Interval Fund – Monthly Interval Plan I is a debt oriented interval scheme with the investment 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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