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Merger of UTI Wealth Builder Fund into UTI Opportunities Fund


UTI Mutual Fund has announced the merger of UTI Wealth Builder Fund into UTI Opportunities Fund. The 5-year term of the UTI Wealth Builder Fund is getting completed in October 2011. So, it is being merged to maintain the open-ended nature of the fund.
If unit holders of UTI Wealth Builder Fund do not wish to continue, they can redeem existing units at prevailing NAV without any load from September 5, 2011 to October 4, 2011.