Dear Sir, We are pleased to inform the launch of UTI Fixed Term Income Fund Series XVI - III (368 days). New Fund Offer opens on : Thursday, August 22, 2013 New Fund Offer closes on : Wednesday, August 28, 2013 Allotment Date : Thursday, August 29, 2013 Scheme Tenure : 368 days Maturity Date : Monday, September 01, 2014 Please note there will be two plans namely Regular Plan and Direct Plan. Each Scheme / Plan(s) offers the following Option(s): (i) Growth Option (ii) Quarterly Dividend Option with Payout and Reinvestment facility (payable in the last week of March, June, Sept & Dec) (iii) Flexi Dividend Option with Payout and Reinvestment facility (dividend is proposed to be declared at such frequencies as may be decided by UTI AMC Ltd from time to time, subject to availability of distributable surplus) (iv)Annual Dividend Option with Payout and Reinvestment facility and (payable in the last week of March) (v) Maturity Dividend Option with Payout facility In case no option is indicated in the application form, then the default option will be the growth option. In case dividend option is indicated and the periodicity is not mentioned, then the default dividend option will be the Quarterly Dividend Option. In case Quarterly Dividend Option or Flexi Dividend Option or Annual Dividend Option is indicated and Payout or Reinvestment is not mentioned, then default will be Reinvestment. The Direct Plan will have all the options mentioned above. The Direct Plan (investments not routed through a distributor) shall have a lower expense ratio excluding distribution expenses, commission etc. and have a separate NAV. No commission shall be paid from Direct Plan. The terms and conditions of the plan is in accordance with SEBI Regulations The Scheme shall endeavor to pay Dividends, subject to availability of distributable surplus, in the above options as per the defined frequency and / or during such other day / frequency / on maturity as may be decided by the Trustees. Find attached the Scheme Information Document, Key Information Memorandum, Application Form & Presentation of the aforementioned scheme given in the link below: Link :- 10.11.32.253/utimf/module/data/department/product/FTIF_Series_XVI_III_(368_days).zip Please note that all the applications will have to be registered by cut off timings for High value clearance of cheques on the next day. In case any confirmation of the deal ( Large Value ) is obtained earlier, the money can be brought in Liquid / TAF with a request of switch to the scheme on the last day.
Posted on: Fri, 23 Aug 2013 06:35:42 +0000
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