UTI MF Comes Out With Dividend For Interval Fund

UTI Mutual Fund has announced the dividend under dividend option of UTI Fixed Income Interval Fund - Monthly Interval Plan - Series I. The record date for the declaration of dividend is 21 January 2008. The quantum of dividend will be 100 % of distributable surplus available on the record date. The NAV for the scheme under retail plan was recorded at Rs. 10.0736 on 17 January 2008. The NAV for the scheme under institutional plan was recorded at Rs. 10.0736 on 17 January 2008. UTI Fixed Income Interval Fund - Monthly Interval Plan - Series I is a debt oriented interval scheme with income-oriented portfolio consisting of government securities and other fixed income debt securities. The scheme launched with aims to generate regular returns by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the plan.