UTI MF Declares Dividend Under FIIF -Monthly Interval Plan II (09-Feb-2012)
UTI Mutual Fund has declared dividend under dividend option of UTI Fixed Income Interval Fund (FIIF) - Monthly Interval Plan II on the face value of Rs 10 per unit.
The quantum of dividend will be 100% of distributable surplus as on the record date. The record date for the dividend payout has been fixed as February 14, 2012. The scheme recorded NAV of Rs 10.0540 per unit under retail option and Rs 10.0584 per unit under institutional option.
UTI Fixed Income Interval Fund - Monthly Interval Plan II is a debt oriented interval scheme. The scheme aims to generate regular returns by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the respective plan. Each plan will invest in a distinct portfolio of securities. However, the scheme does not guarantee/ indicate any returns. There can be no assurance that the fund's objective will be achieved.
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