Conversion of close ended Lifestyle Fund into Open ended scheme

Company Name(s): 

Addendum No.-13/2010-11 Date: July 13, 2010

Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666

Website: www.utimf.com

Conversion of close ended UTI-India Lifestyle Fund into Open ended Equity oriented scheme

With effect from August 16, 2010 the Close-ended UTI-India Lifestyle Fund will be converted into open-ended equity oriented scheme.
The following changes are made to the Scheme Information Document of UTI-India Lifestyle
Fund:
1. In respect of investment made earlier during the NFO period, there will be no exit load.
However, in respect of purchases made after the scheme is converted into an open ended
scheme the following load structure will be applicable, on prospective basis.
2. Fund Manager: Shri Harsha Upadhyaya will be the Fund Manager for investment in
domestic market and Shri Kaushik Basu is the dedicated Fund Manager for investment in
ADRs/GDRs/Foreign Securities.
3. Automatic Trigger Facility, Systematic Investment Plan and STRIP Facility will be introduced
in the Scheme.
Entry Load (As % of NAV) Exit Load (As %of NAV)
Nil (any application size) Less than one year - 1%
Greater than or equal to one year - Nil
____________ Addendum
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Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
4. Facility of Purchase/redemption of units through registered stock brokers of NSE and BSE
through physical/ demat mode will be available in the scheme.
5. Additional categories of investors:
- Multilateral Funding Agencies / Bodies Corporate incorporated outside India with the
permission of Government of India/Reserve Bank of India.
- Other schemes of UTI Mutual Fund subject to the conditions and limits prescribed by SEBI.
- Such other individuals / institutions / body corporate etc., as may be decided by the AMC
from time to time, so long as wherever applicable they are in conformity with SEBI
Regulations / guidelines.
6. Holding Basis: In the event an account has more than one registered holder the first-named
Unit holder shall receive the account statements, all notices and correspondence with respect
to the account, as well as the proceeds of any Redemption requests or dividends or other
distributions. In addition, such holder shall have the voting rights, as permitted, associated
with such Units as per the applicable regulations / guidelines.
Applicants can specify the ‘mode of holding’ in the prescribed application form as ‘Jointly’ or
‘Anyone or Survivor’. In the case of holding specified as ‘Jointly’, Redemption requests will be
required to be signed by all joint holders. However, in cases of holding specified as ‘Anyone
or Survivor’, any one of the Unit holders will have the power / authority to make Redemption
requests, without it being necessary for all the Unit holders to sign.
However, in all cases, the proceeds of the Redemption will be paid to the first-named Unit
holder. In case of death / insolvency of any one or more of the persons named in the Register
of Unit holders as the joint holders of any Units, the AMC shall not be bound to recognise
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Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
any person(s) other than the remaining holders. In all such cases, the proceeds of the
redemption will be paid to the first-named Unit holder of such remaining Unit holders.
All other features of UTI-India Lifestyle Fund remain unchanged.
This addendum is an integral part of the offer document/scheme information document/key
information memoranda of the UTI-India Lifestyle Fund and should be read in conjunction
with the offer document/scheme information document/key information memoranda.
For UTI Asset Management Company Limited (UTI AMC).
Sd/-
Authorised Signatory
In case you require any further information please contact the nearest Financial Centre of UTI AMC.