UTI Mutual Fund has announced rollover and extension of maturity under UTI Fixed Term Income Fund - Series XVI - VIII (368 Days), a close ended income scheme which is scheduled to mature on 13 October 2014.
The features of the proposed rollover are as follows:
Period of rollover: The scheme has been extended by 743 days with total tenure of 1111 days.
Date of Maturity for rollover: 25 October 2016.