UTI - Retirement Benefit Pension Fund

UTI Mutual Fund has forged an arrangement with Union Bank of India for providing its staff members and customers an investment opportunity through a `micro-pension' initiative under UTI-Retirement Benefit Pension Fund. Under the initiative, members will contribute a minimum of Rs. 500 every month towards the UTI-Retirement Benefit Pension Fund up to the age of 55 years so as to enable them to receive pension in the form of periodical income/cash flow after they reach the age of 58.