UTI Mahila Unit Scheme |
| c |
- Initial offer opens: Mar 8, 2001
- Closing Date: April
6,2001
- Nature of Scheme: Open Ended
- AMC: UTI Asset Management Committee III
(Domestic Income Schemes)
|
- Continuous Offer opens:
- Sponsor: UTI
- Trustee:
- Minimum subscription:Rs.5,000 and
in multiples of Rs.1,000. NRIs can apply on repatriable basis.
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| .. |
Objective of
the present fund: The objective of the scheme is to provide an enabler to adult female
persons in pooling their own savings and /or gifts into an investment vehicle so as to get
periodic cash flow near the time of any chosen festival/ occasion or to allow income /
gains redeployed in the scheme and repurchase units, partially or fully, as and when
desired.
|
Nature of plan |
Minimum amount of Investment
in Rupees |
a) Regular Plan |
5000/- |
b) Gift Plan where units are purchased against pre-denominated
amount |
1100/- or 2100/- or 5100/- singly or in combination or multiples thereof or
any such amount as may be decided by
UTI from time to time. |
c) Gift Plan other than (b) above |
5000/- |
d) Subsequent minimum investment in (a) and (c) above |
1000/- |
e) Where Festival Cash Option can beexercised (both under Regular
or Gift Plans) |
5000/- |
Strategy of investment |
.Under normal
circumstances not more than 70 percent of the investible funds would be invested in debt
instruments including Money Market instruments and 30 percent in equity-related
instruments.
| Some of the Schemes launched by UTI Mutual Fund |
| UTI MIP 95 |
| UTI MIP 96 |
| UTI MIP 97 |
| UTI MIP 98 |
Performance
overview of UTI Mutual Fund |
| Name of the Fund |
NAV
as on 15.03.2001
(Rs.) |
NAV as on
15.02.2000 (Rs.) |
NAV as on
15.01.2000 (Rs.) |
NAV as on
15.12.2000 (Rs.) |
NAV as on
15.11.2000 (Rs.) |
| UTI MIP 95 |
9.64 |
11.89 |
11.35 |
12.12 |
11.35 |
| UTI MIP 96 |
10.20 |
12.69 |
13.66 |
14.27 |
13.64 |
| UTI MIP 97 |
9.35 |
12.20 |
11.42 |
12.26 |
11.78 |
| UTI MIP 98 |
11.88 |
13.15 |
12.09 |
12.92 |
13.10 |
|
|
Comparative Analysis of similar other funds |
| . |
|
| Name of the Fund |
NAV as on 31.01.2001 (Rs.) |
NAV as on 29.12.2000
(Rs.)
|
NAV as on
30.11.2000
(Rs.) |
NAV as on
31.10.2000
(Rs.) |
NAV as on
29.09.2000
(Rs.) |
| Alliance MIP |
10.21 |
10.00 |
10.09 |
10.05 |
10.04 |
| Sun F & C
MIP |
10.11 |
10.14 |
10.02 |
9.33 |
9.85 |
| Kothari
Pioneer MIP |
10.28 |
10.18 |
10.17 |
10.06 |
- |
| Reliance MIP |
10.11 |
13.22 |
10.05 |
10.15 |
10.06 |
.
|
Risk Perception |
.
This scheme has been launched for the benefit of women above 18yrs of age. Considering the
present scenario of the equity markets and the interest rates the debt scheme would be
less riskier when compared to the equity schemes. This scheme would provide the women
to get periodic cash flow near the time of any chosen festival/ occasion or to allow
income / gains redeployed in the scheme and repurchase units, partially or fully, as and
when desired. Investments in this would be a good opportunity for the women for small
savings. |
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