UTI Mutual Fund has declared dividend under dividend option of UTI Fixed Income Interval Fund - Monthly Interval Plan II. The record date for the declaration of dividend is 13 May 2009.
The quantum of dividend will be 100 per cent of distributable surplus available on the record date on face value of Rs 10 per unit. The NAV for retail plan was at Rs 10.0159 per unit as on 5 May 2009.
The sepcified transaction period will be 13 May 2009. The scheme do not ask entry load and exit load if redeemed during specified transaction period. While 0.50 per cent of applicable NAV will be charged as exit load if redeemed at any time other than specified transaction period. Specified transaction period shall be generally open for 1 day for subscription/redemption/switch out/switch -in without any load, every month after expiry of 1 month from the date of allotment.
UTI Fixed Income Interval Fund - Monthly Interval Plan II is a debt oriented interval scheme aimed 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 quantum of dividend will be 100 per cent of distributable surplus available on the record date on face value of Rs 10 per unit. The NAV for retail plan was at Rs 10.0159 per unit as on 5 May 2009.
The sepcified transaction period will be 13 May 2009. The scheme do not ask entry load and exit load if redeemed during specified transaction period. While 0.50 per cent of applicable NAV will be charged as exit load if redeemed at any time other than specified transaction period. Specified transaction period shall be generally open for 1 day for subscription/redemption/switch out/switch -in without any load, every month after expiry of 1 month from the date of allotment.
UTI Fixed Income Interval Fund - Monthly Interval Plan II is a debt oriented interval scheme aimed 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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