Introduction of Dividend Transfer Plan Addendum No.-20/2010-11

Company Name(s): 

Addendum
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
No. - 20/2010-11 July 7, 2010
Introduction of Dividend Transfer Plan
Dividend Transfer Plan (DTP) will be available in the respective schemes (listed below) on a prospective
basis with effect from July 26, 2010.
The terms and conditions of Dividend Transfer Plan (DTP) are as follows:
1. Dividend Transfer Plan (DTP) is a facility wherein unit holder(s) of eligible scheme(s)
[hereinafter referred to as “Source Scheme(s)”] of UTI Mutual Fund can opt to
automatically invest the dividend (as reduced by the amount of applicable statutory levy)
declared by the eligible Source Source(s) into other eligible Scheme(s) [hereinafter
referred to as “Target Scheme(s)”] of UTI Mutual Fund.
2. The list of eligible Source Schemes and Target Schemes of UTI Mutual Fund for DTP
facility are as follows:
Sr.
no.
Source Scheme Sr.
no.
Target Scheme
1. UTI-Balanced Fund 1. UTI-Balanced Fund
2. UTI-Banking Sector Fund 2. UTI-Banking Sector Fund
3. UTI-Contra Fund 3. UTI-Contra Fund
4. UTI-Dividend Yield Fund 4. UTI-Dividend Yield Fund
5. UTI-Energy Fund 5. UTI-Energy Fund
6. UTI-Equity Fund 6. UTI-Equity Fund
7. UTI-Infrastructure Fund 7. UTI-Infrastructure Fund
8. UTI-Leadership Equity Fund 8. UTI-Leadership Equity Fund
9. UTI-Master Plus Unit Scheme 9. UTI-Master Index Fund
10. UTI-Mastershare Unit Scheme 10. UTI-Master Plus Unit Scheme
11. UTI-Master Value Fund 11. UTI-Mastershare Unit Scheme
12. UTI-Mid Cap Fund 12. UTI-Master Value Fund
13. UTI-MNC Fund 13. UTI-Mid Cap Fund
14. UTI-Opportunities Fund 14. UTI-MNC Fund
15. UTI-Pharma & Healthcare Fund 15. UTI-Nifty Index Fund
16. UTI-Services Industries Fund 16. UTI-Opportunities Fund
17. UTI-Top 100 Fund 17. UTI-Pharma & Healthcare Fund
18. UTI-Transportation & Logistics Fund 18. UTI-Services Industries Fund
19. UTI-Wealth Builder Fund – Series II 19. UTI-Top 100 Fund
20. UTI-Bond Fund – Regular Plan 20. UTI-Transportation & Logistics Fund
21. UTI-Floating Rate Fund – Short Term Plan 21. UTI-Wealth Builder Fund – Series II
Addendum
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
Sr.
no.
Source Scheme Sr.
no.
Target Scheme
22. UTI-Gilt Advantage Fund 22. UTI-Bond Fund
23. UTI-G-Sec Investment Plan 23. UTI-Floating Rate Fund – Short Term Plan
24. UTI-G-Sec Short Term Plan 24. UTI-Gilt Advantage Fund
25. UTI-Liquid Cash Plan 25. UTI-G-Sec Investment Plan
26. UTI-Short Term Income Fund 26. UTI-G-Sec Short Term Plan
27. UTI-Treasury Advantage Fund 27. UTI-Liquid Cash Plan
28. UTI-Mahila Unit Scheme 28. UTI-Short Term Income Fund
29. UTI-MIS-Advantage Plan 29. UTI-Treasury Advantage Fund
30. UTI-Money Market Fund 30. UTI-Mahila Unit Scheme
31. UTI-Monthly Income Scheme 31. UTI-MIS-Advantage Plan
32. UTI-Unit Scheme for Charitable & Religious
Trusts & Registered Societies
32. UTI-Money Market Fund
33. UTI-Variable Investment Scheme 33. UTI-Monthly Income Scheme
34. UTI CCP Advantage Fund 34. UTI-Unit Scheme for Charitable & Religious
Trusts & Registered Societies
35. UTI Spread Fund 35. UTI-Variable Investment Scheme
36. UTI – Equity Tax Savings Plan* 36. UTI CCP Advantage Fund
37. UTI Spread Fund (subject to sales being open)
38. UTI – Equity Tax Savings Plan*
*an open-end equity scheme with lock in period of 3 years for each investment
3. DTP facility is available to unit holder(s) only under all Dividend Plan / Option except
Daily Dividend Plan / Options of the Source Scheme(s). Unit holder(s)' enrolment under
the DTP facility will automatically override any previous instructions for 'Dividend
Payout' or 'Dividend Reinvestment' facility in the Source Scheme. Target Scheme can be
any plan/option as mentioned under the Scheme Information Document (SID) of
respective schemes.
4. The enrolment for DTP facility should be for all units under the respective Dividend Plan
/ Option of the Source Scheme. Instructions for part Dividend Transfer and part Dividend
Payout / Reinvestment will not be accepted. The dividend amount will be invested in the
Target Scheme under the same folio. Accordingly, the unit holder(s) details and mode of
holding in the Target Scheme will be same as in the Source Scheme.
5. The enrolment to avail the facility has to be specified for each scheme / Plan / Option
separately and not at the folio level.
6. Under DTP, dividend declared (as reduced by the amount of applicable statutory levy) in
the Source scheme (subject to minimum of Rs.1, 000/-) will be automatically invested
Addendum
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
into the Target Scheme, as opted by the unit holder, on the immediate next Business Day
after the Record Date at the applicable NAV of the Target Scheme, subject to applicable
load and accordingly equivalent units will be allotted in the Target Scheme, subject to the
terms and conditions of the respective Target Scheme.
For example: If the Dividend Record Date of the Source Scheme is January 22 (Friday)
and the next Business Day of the Target Scheme (non-Liquid scheme) is January 25
(Monday), the unit holder will be allotted units in the Target Scheme at the closing NAV
of January 25 (Monday).
7. The provision for 'Minimum Application Amount' specified in the respective Target
Scheme's Scheme Information Document will not be applicable under DTP.
8. The Minimum amount of dividend eligible for transfer under Dividend Transfer Plan is
Rs.1, 000/- (Rupees One Thousand Only). In case DTP cannot be effected due to amount
being less than minimum prescribed, then the dividend will need to be paid out /
reinvested as per the existing option of the investor.
9. Load Structure (Target Scheme): The dividend amount to be invested under the DTP
from the Source Scheme to the Target Scheme shall be invested by subscribing to the
units of the Target Scheme at applicable NAV, subject to payment of Entry/Exit Load as
under:
Entry Load: Nil
Exit Load: Nil
10. Account Statement for the destination Scheme to be sent only when dividend is
transferred to the destination scheme. Account Statement in Source Scheme will be sent
as per the existing policy for Account Statement under Dividend.
11. Unit holders who wish to enroll for DTP facility are required to fill DTP Enrolment Form
available with the nearest UFCs / and also displayed on the website www.utimf.com.
12. The request for enrolment for DTP must be submitted at least 15 days prior to the Record
Date for the dividend. In case of the condition not being met, the enrolment would be
considered valid from the immediately succeeding Record Date of the dividend, provided
Addendum
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
the difference between the date of receipt of a
valid application for enrolment under DTP and the next Record Date for dividend is not
less than 10 days.
13. The DTP facility will be terminated in the event of following events: