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Thursday, August 16, 2012

UTI MF Declares Dividend For Fixed Income Interval Fund

Record date for dividend is 21 August 2012 

UTI Mutual Fund has announced 21 August 2012 as the record date for declaration of dividend on the face value of Rs 10 per unit under the dividend option of UTI Fixed Income Interval Fund – Monthly Interval Plan II. 

The quantum of dividend will be 100% of distributable surplus as on record date. The NAV under retail and institutional option of the scheme stood Rs 10.1272 per unit as on 13 August 2012. 

The investment objective of the scheme is to generate regular income by investing in debt / money market instruments and government securities having suitable maturity.
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