UTI Mutual Fund has decided to wind up five of its existing plans, including UTI-Liquid Advantage Fund (dividend & growth plan), UTI Bond Advantage Fund Short Term Plan, UTI Gilt Advantage Fund STP (dividend and growth plan), UTI-Index Advantage Fund- Nifty Plan, and UTI-Index Advantage Fund- Sensex Plan. The schemes would stand wound up with effect from July 1, 2005, and the units would be redeemed.
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