UTI India Lifestyle Fund NFO date extended - to close on July 30, 2007
July 24th, 2007
UTI Mutual Fund has decided to extend the NFO period of UTI India Lifestyle Fund. The NFO period is supposed to be ending on July 25, 2007 but has been extended till July 30, 2007.
UTI India Lifestyle Fund is a three-year close ended fund that will convert into an open ended fund after the three-year period. Investors can choose between Growth and Dividend Payout options during this three year period. Dividend Payout option will be available only after converting into open ended fund.
The objectives of the fund is to provide long term capital appreciation and / or income
distribution from a diversified portfolio of equity and equity related instruments of
companies that are expected to benefit from changing Indian demographics,
Indian lifestyles and rising consumption pattern.
Entry Filed under: Mutual Funds, NFO, UTI MF
1 Comment Add your own
1. rohit kumar | January 30th, 2008 at 12:15 pm
sir,
i had purchage uti infrastructure fund on feb. this is a SIP ,i have all ready invest 12000 and i want to invest more ,what should i do i havent recive any type of application from uti . i also want to know the rate of uti life style fund ,uti advantage fund &about future expectation
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