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Tuesday, June 02, 2009

UTI Treasury Advantage Fund introduces Weekly dividend option

With effect from 28 May 2009

UTI Mutual fund has introduced weekly dividend payout option under institutional plan of UTI Treasury Advantage Fund, with effect from 28 May 2009. The existing investors under weekly dividend option of institutional plan will continue to be under reinvestment option.

The scheme is an open ended income, aims to generate an attractive return for its investors consistent with capital preservation and liquidity by investing in a portfolio of quality debt securities money market instruments and structured obligations.

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