21 September 2006
UTI Mutual Fund has announced the launch of a new scheme, the 'UTI-Wealth Builder Fund'. The fund, which opened for subscription on September 7, will close on October 11. The duration of the scheme is five years from the date of allotment. Upon maturity the scheme will automatically be converted into an open-ended scheme, said M. Padmanabhan, general manager, Middle East UTI.

Present at the Press conference to announce the new scheme were Rajest Bhojani, president, sales, Jaideep Bhattacharya, chief marketing officer, UTI AMC, Amandeep Chopra and Harsha Upadhyaya, fund managers, and Mudit Mathur, country head of UTI.

© Bahrain Tribune 2006