Tuesday, March 4, 2008

UTI MF Declares Dividend For FMP

UTI Mutual Fund has announced the dividend under dividend option of UTI Fixed Maturity Plan-QFMP/12-07/I. The record date for the declaration of dividend is 5 March 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. 10.2085 on 29 February 2008.

UTI Fixed Maturity Plan-QFMP/12-07/I is a close-ended umbrella income scheme seeking to generate returns through investments in debt and money market securities, normally maturing in line with the time profile of the fund.

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