UTI MF declares dividend under Fixed Term Income Fund - Series XV - III (366 Days)

UTI (MF) has declared dividend under dividend option of UTI Fixed Term Income Fund - Series XV - III (366 Days).The record date for dividend is May 16, 2014. The rate of dividend (Rs per unit) will be 100% of distributable surplus as on the record date on the face value of Rs 10 per unit The objective of the Scheme is to generate returns by investing in portfolio of fixed income securities maturing on or before the date of maturity of the scheme. However the scheme does not guarantee / indicate any return. There is no assurance that the funds objective will be achieved.