UTI Mutual Fund has announced dividend under dividend option of UTI Short Term Fixed Maturity Plan-Series I-I (90 days). The record date for the declaration of dividend is 7 October 2008. The dividend will be offered for both retail and institutional plan. The quantum of dividend will be 100% of distributable surplus available on the record date on face value of Rs. 10 per unit. The NAV of retail plan was at Rs. 10.2305 per unit and for institutional plan was Rs 10.2306 per unit as on 29 September 2008.
UTI Short Term Fixed Maturity Plan-Series I-I is a close-ended income scheme with scheme tenure of 90 days. The investment objective of the scheme is generating regular income by investment in a portfolio of fixed income securities normally maturing in line with the time profile of the plan.
UTI Short Term Fixed Maturity Plan-Series I-I is a close-ended income scheme with scheme tenure of 90 days. The investment objective of the scheme is generating regular income by investment in a portfolio of fixed income securities normally maturing in line with the time profile of the plan.
No comments:
Post a Comment