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Tuesday, May 19, 2009

UTI MF declares dividend under fixed income Quarterly Interval Plan III

Record date for dividend is 25 May 2009

UTI Mutual Fund has announced dividend under dividend option of UTI Fixed Income Interval Fund – Quarterly Interval Plan III. The record date for the declaration of dividend is 25 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 for retail plan and institutional plan was recorded at Rs 10.1287 per unit and Rs 10.1346 per unit respectively as on 15 May 2009.

UTI Fixed Income Interval Fund – Quarterly Interval Plan III 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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