More News
RETAIL FUNDS | Cesar Tordesillas, India
view(s)

UTI Mutual Fund merges schemes

UTI Mutual Fund has announced merger of S&P CNX Nifty UTI Notional Depository Receipt and UTI-Master Index Fund with UTI-Nifty Index Fund.

 

This will take effective from 14th March 2012.

Accordingly, all the existing unit holders of S&P CNX Nifty UTI Notional Depository Receipt or SUNDER and UTI-Master Index Fund who are not in agreement with the merger may redeem their units at the prevailing NAV without payment of any exit load until 14th March 2012.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.