MF News UTI merger Balanced fund

UTI merger Balanced fund

UTI Mutual Fund merges UTI Variable Investment scheme into UTI Balanced Fund

Team Cafemutual Mar 4, 2011

Mumbai: UTI Mutual Fund has decided to merge UTI Variable Investment scheme into UTI Balanced Fund. The dividend and growth option of UTI Variable Investment scheme will be merged into the respective options under into UTI Balanced Fund.

Investors, who do not agree with the merger, have an option to redeem their investments from March 1, 2011 to March 30, 2011 without any exit load.

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