UTI MF declared dividend on the face value of Rs 10 per unit under the dividend option of UTI-Fixed Maturity Plan- Half Yearly Series February 2012. The record date for dividend is August 17, 2012.
The quantum of dividend will be 100% of distributable surplus as on record date. The scheme recorded NAV of Rs 10.1170 per unit as on August 9, 2012.
The investment objective of the scheme is to seek regular returns by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the plan, thereby enabling the investors to nearly eliminate interest rate risk by remaining invested in the plan till the maturity / final redemption.
Source : Accord Fintech
