UTI Asset Management Pre Pones Closing Date Of Fixed-Term Fund

MUMBAI: UTI Asset Management Co. (P) Ltd. said on May 25, it has advanced the closing date of UTI-Fixed Maturity Plan Quarterly Series (QFMP 05/07-II) to May 29 from an earlier scheduled close of May 31. The close-end fund opened for subscription on May 16. The fund house managed assets worth about 355 billion rupees at the end of April, data from Association of Mutual Funds in India displayed.