UTI Mutual Fund has announced the merger of UTI Wealth
Builder Fund with 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 5th September 2011 to 4th October 2011.
Source: http://www.mutualfundsindia.com/news_viwe.asp?news_headline=UTI+Mutual+Fund+announces+merger+of+UTI+Wealth+Builder+Fund+into+its+Opportunities+Fund@MF045
No comments:
Post a Comment