UTI Infrastructure Advantage Fund Series I Debuts At Rs 9.56

UTI Infrastructure Advantage Fund Series I has debuted at Rs 9.56 per unit as against a face value of Rs 10 per unit as on 23 January 2008. The scheme, whose initial public offering closed on 19 December 2007, has re-opened for fresh investments and sales. UTI Infrastructure Advantage Fund UTI - Infrastructure Advantage Fund - Series I, is a three year close-ended equity scheme with an investment objective to provide income distribution and /or medium to long term capital appreciation by investing predominantly in equity / equity related instruments in the companies engaged either directly or indirectly in the infrastructure growth of the Indian economy.