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 dividend is April 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 retail plan and institutional plan as on April 9, 2009 was recorded at Rs 10.2312 per unit.
The specified transaction period will be April 20, 2009. The scheme does not ask entry load. It charges no exit load if redeemed during specified transaction period. While an exit load of 1.00% of applicable NAV will be charged if redeemed at any time other than specified transaction period. The specified transaction period shall be generally open for 1 day for subscription/ redemption/ switch out/switch -in without any load, every quarter after expiry of 1 quarter from the date of allotment.
UTI Fixed Income Interval Fund -Series II- Quarterly Interval Plan IV is a debt oriented interval scheme with an objective to generate regular income by investment in a portfolio of fixed income securities normally maturing in line with the time profile of the plan.
The specified transaction period will be April 20, 2009. The scheme does not ask entry load. It charges no exit load if redeemed during specified transaction period. While an exit load of 1.00% of applicable NAV will be charged if redeemed at any time other than specified transaction period. The specified transaction period shall be generally open for 1 day for subscription/ redemption/ switch out/switch -in without any load, every quarter after expiry of 1 quarter from the date of allotment.
UTI Fixed Income Interval Fund -Series II- Quarterly Interval Plan IV is a debt oriented interval scheme with an objective to generate 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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