UTI Mutual Fund announces merger of UTI Wealth Builder Fund into its Opportunities Fund

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

--
___________________________________________________________________________________
'I made my money by selling too soon.'

Website: http://indianmutualfund.co.cc/

Blog:http://indianmutualfund.wordpress.com/
___________________________________________________________________________________