UTI Mutual Fund has announced rollover and extension of maturity under UTI Fixed Term Income Fund - Series XVI - IX (368 Days), a close ended income scheme which is scheduled to mature on 27 October 2014.
The features of the proposed rollover are as follows:
Period of rollover: The scheme has been extended by 745 days with total tenure of 1113 days.
Date of Maturity for rollover: 10 November 2016.