UTI Mutual Fund is giving returns through dividends
UTI is one of the oldest and reputed mutual fund companies in India. Recently it has declared dividends for two of the mutual fund schemes that are performing well in the markets. The details are as follows.
Name of the schemes:
- UTI Transportation and Logistics Fund
- UTI Wealth Builder Fund
Record date for Dividend: 27-06-2011
UTI Transportation and Logistics Fund:
Type of Scheme: Open Ended Equity Scheme
Investment Objective:
It seems capital appreciation by Investing in the equities of the companies that are involved in the business of Transportation and Logistics Business.
UTI Wealth Builder Fund:
Type of Scheme: Close Ended Equity Scheme
Maturity Period: 5 Years (It will be converted into Open ended automatically on Maturity)
Investment Objective:
The main investment objective is to generate capital appreciation by investing in equity and equity related instruments.
Happy Investing!!
