UTI Mutual Fund has announced dividend under dividend option of UTI Fixed Income Interval Fund- Series II Quarterly Interval Plan-IV. The record date for the same is January 20, 2009.
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 for the scheme for both retail and institutional plan as on January 12, 2009 was at Rs. 10.2226 per unit. The fund will not ask exit load for redemptions during specified transaction period. However on the other hand, redemptions other than specified transaction period will attract exit load of 1.00%. The specified transaction date will be January 20, 2009.
UTI Fixed Income Interval Fund- Series II Quarterly Interval Plan-IV is a debt oriented interval scheme. The 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.
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 for the scheme for both retail and institutional plan as on January 12, 2009 was at Rs. 10.2226 per unit. The fund will not ask exit load for redemptions during specified transaction period. However on the other hand, redemptions other than specified transaction period will attract exit load of 1.00%. The specified transaction date will be January 20, 2009.
UTI Fixed Income Interval Fund- Series II Quarterly Interval Plan-IV is a debt oriented interval scheme. The 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.
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