UTI Mutual Fund Anounced The Dividend - June 6, 2008

UTI Mutual Fund has announced the dividend under dividend option of UTI Fixed Maturity Plan (QFMP/03-08/I).

The record date for the declaration of dividend is 11 June 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 at Rs10.2327 and that for institutional plan was at Rs. 10.2334 as on 3 June 2008.

UTI Fixed Maturity Plan- Quarterly Fixed Maturity Plan (QFMP /03-08/I) is a close-ended umbrella income scheme seeking to seek regular returns by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the plan, thereby enabling the investors to nearly eliminate interest rate risk by remaining invested in the plan till the maturity/final redemption. UTI has announced the dividend under dividend option of UTI Fixed Maturity Plan (QFMP/03-08/I).

The record date for the declaration of dividend is 11 June 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 at Rs10.2327 and that for institutional plan was at Rs. 10.2334 as on 3 June 2008.

UTI Fixed Maturity Plan- Quarterly Fixed Maturity Plan (QFMP /03-08/I) is a close-ended umbrella income scheme seeking to seek regular returns by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the plan, thereby enabling the investors to nearly eliminate interest rate risk by remaining invested in the plan till the maturity/final redemption.