Friday, September 12, 2008

UTI MF Declares Dividend Under FMP Quarterly Series - Sep 12, 2008

UTI Mutual Fund has announced a dividend distribution of 100% of distributable surplus available on the record date under the UTI Fixed Maturity Plan-Quarterly Series (QFMP-06-08/ II). The record date for the declaration of dividend is 17 September 2008. The NAV for the scheme under retail and institutional plan was at Rs 10.2087 as on 9 September 2008. UTI Fixed Maturity Plan-Quarterly Series (QFMP-06-08/ II) is a close-ended income scheme. The investment objective of the scheme is generating regular income by investment in 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 remained invested in the plan till maturity

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