Fund News

FMP Update

FMP Update

Four FMPs are on roll of which two are from UTI Mutual fund and one is from ICICI Pru. The details of the FMPs are as follows:

1. UTI Fixed Term Income Fund- Series IV Plan VIII (May/08-12 months)
Offer Opens: May 21, 2008
Offer Closes: June 05, 2008
Tenure: 12 Months
Entry load: Nil
Exit Load: 3 percent, if redeemed before maturity.

2. UTI Fixed Term Income Fund- Series IV Plan IX (May/08-24 months)
Offer Opens: May 21, 2008
Offer Closes: June 05, 2008
Tenure: 24 months
Entry Load: Nil
Exit Load: 3 percent if redeemed before maturity.

3. ICICI Prudential Fixed Maturity Plan- Series 44-One Year- Plan A
Offer Opens: May21,2008
Offer Closes: May26,2008
Tenure: 12 Months
Type: Close-Ended

4. HSBC Fixed Term Series 54
Offer Opens: May 27, 2008
Offer Closes: June 9,2008
Tenure:370 days



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