UTI launches UTI Fixed Income- Series XVIII-XIV (368 Days) and declares dividend

UTI Mutual Fund announced the new fund offer of UTI Fixed Income- Series XVIII-XIV (368 Days). The scheme will open for subscription on May 23, 2014 and close on May 28, 2014.

The Fund House has also announced dividend under the dividend option of UTI Half Yearly Interval Fund Series 1 Reg-D and UTI Half Yearly Interval Fund Series 1 Reg Direct-D.

The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as May 28, 2014.