UTI MF Announces FI Interval Fund Dividend

UTI Mutual Fundhas declared a dividend for a fixed-income interval fund,India Infolinereports. The firm announced the dividend on the face value of the fundUTI Fixed Income Interval Fund - Monthly Interval Plan II.

The quantum of dividend will be 100% of distributable surplus as on Aug. 9, 2011. The fund is a debt-oriented interval scheme, which seeks to generate regular returns by investing in a portfolio of fixed-income securities maturing in line with the time profile of the respective plan.

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