Friday, June 22, 2012

UTI - ULIP declares Bonus for year 2012

UTI - ULIP has declared a bonus of 1: 10 that is 1 unit as bonus for every 10 units held.
Record date for the bonus is 20 June 2012.
UTI ULIP (Unit Linked Insurance Plan ) is one of the oldest schemes from UTI Mutual Fund It was launched in the year 1971. The scheme has many benefits including Insurance cover UPTO Rs 15,00,000 and an Accident cover upto Rs 50,000 only.

The scheme is hybrid fund with 60:40 and it can also be used in once portfolio as a balanced fund.

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