Asset Management

UTI Asset Management Co. Ltd. (UTIAMC) is a company incorporated under The Companies Act, 1956. UTIAMC was appointed as the Asset Management Company of the UTI Mutual Fund in terms of the Investment Management Agreement executed between UTI Trustee Co. Ltd. and UTIAMC on December 9, 2002. UTIAMC was registered by SEBI to act as the asset management company for UTI Mutual Fund vide its letter of January 14, 2003. The paid up capital of UTIAMC has been subscribed equally by four sponsors: State Bank of India, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank. UTIAMC, apart from managing the schemes of UTI Mutual Fund, also manages the schemes transferred/migrated from the erstwhile Unit Trust of India, in accordance with the provisions of the Investment Management Agreement, the Trust Deed, the SEBI (Mutual Funds) Regulations and the objectives of the schemes. UTIAMC has also entered into a service agreement with the Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI) to provide them with back office support for business processes. UTIAMC is also a registered Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 1993 since February 3, 2004 for undertaking portfolio management services. Subsidiaries UTI International Ltd. (UTIIL) is a 100% subsidiary of UTIAMC, registered in Guernsey, Channel Islands, which acts as the manager to offshore funds and markets these offshore funds abroad. Towards expansion of its activities, UTIIL has signed a joint venture agreement with Shinsei Bank Ltd. of Japan to set up UTI International (Singapore) Pvt. Ltd. UTIIL is focussed on investment management and distribution of financial products in the South East Asian region. UTIIL also manages funds investing in other jurisdictions. UTI Retirement Solutions Ltd. (UTIRSL), is a 100% subsidiary of UTIAMC which was incorporated in December, 2007 and started operations w.e.f. March, 2008. UTIRSL has been set up to carry out the operations as a Pension Fund Manager under the New Pension System set up by Pension Fund Regulatory and Development Authority (PFRDA). UTIRSL was initially appointed by the NPS to manage the pension funds of the government employees. In March, 2009, the Company has also been appointed by NPS for management of pension funds for non-government employees. UTI Ventures is a 100% subsidiary of UTI AMC, UTI Ventures is a leading Indian private equity firm.Focused on growth capital, we propel the ambitions of passionate Indian entrepreneurs, while unlocking superior returns for our investors. Our demonstrated track record of successful investments, led by an experienced management team, positions our funds among top performers in India.

Scheme Name

NAV (Net Asset Value)

Repurchase Price

Sale Price

Date

UTI - Unit Linked Insurance Plan

18.6789

18.6789

18.6789

07-Jan-2011

16.47 NAV as on Jan-10-2011

0 (0.02%)

UTI Mutual Fund Schemes: Portfolio of Funds

View Portfolio of Funds by type :
No of schemes : 249 Corpus under management : Rs. 65387.2442 crs. (as on 31-Dec-2010) Arbitrage Funds (2) | Balanced Funds (18) | Equity Funds (55) | ETFs (2) | Fixed Maturity Plans (57) | Floating Rate Income Funds (6) | Gilt Funds (10) | Income Funds (8) | Interval Income Funds (56) | Liquid Funds (13) | Monthly Income Plans (6) | Short Term Income Funds (4) | Ultra Short Term Funds (12)

Asset Date: 11-Jan-2011

Scheme Name 1m % 3m % 1y % 3y % Fund Size

(Rs. Cr) UTI-Pharma & Healthcare Fund (G) UTI-Pharma & Healthcare Fund (D) UTI-Banking Sector Fund (D) UTI-Banking Sector Fund (G) UTI-Gold Exchange Traded Fund (G) UTI-MNC Fund (D) UTI-MNC Fund (G) UTI-Dividend Yield Fund (D) UTI-Dividend Yield Fund (G) UTI-Master Value Fund (G) UTI-Master Value Fund (D) UTI-Transportation & Logistics Fund (G) UTI-Transportation & Logistics Fund (D) UTI-India LifeStyle Fund (G) UTI-India LifeStyle Fund (D) UTI-Equity Fund (G) UTI-Equity Fund (D) UTI-Mastershare (D) UTI-Mastershare (G) UTI-SUNDER UTI-Opportunities Fund (D) UTI-Opportunities Fund (G) UTI-CRTS (D) UTI-CRTS (G) UTI-Long Term Advantage Fund - Sr.II (G) 1.2 1.1 [6.2] [6.2] [1.2] 1.2 1.2 [1.4] [1.4] [0.5] [0.5] [5.0] [5.0] [2.8] [2.8] [1.5] [1.5] [1.3] [1.3] [1.4] [2.2] [2.2] 0.3 0.3 [1.9] 5.2 5.2 [14.5] [14.6] 4.9 [4.0] [4.1] [5.4] [5.4] [7.1] [7.1] [11.2] [11.3] [7.6] [7.6] [4.1] [4.1] [5.8] [5.8] [5.0] [4.1] [4.1] [2.3] [2.3] [7.8] 31.8 31.6 23.7 23.6 20.2 19.7 19.7 17.8 17.6 17.5 17.3 15.3 15.2 14.2 14.2 12.0 12.0 11.8 11.8 11.5 11.3 11.2 11.2 11.2 10.7 20.9 20.6 4.8 4.8 20.9 9.4 9.5 8.2 8.1 4.4 4.3 13.7 13.9 [0.5] [0.5] 4.8 4.7 [1.5] [1.5] [1.0] 4.7 4.7 8.1 8.1 NA 89 89 249 249 390 192 192 3,016 3,016 695 695 72 72 627 627 2,170 2,170 2,751 2,751 01 1,590 1,590 426 426 275

MUMBAI, APRIL 1: The Unit Trust of India (UTI), has revised the load structures with effect from April 1, 2002.Under it equity schemes UTI has reduced the exit load to two per cent in most of its schemes from the existing load, which ranges between 3 and 5 per cent. While in the case of debt schemes the exit loads in most of schemes have been made at NAV levels. In equity schemes where exit load is made two per cent are, Master Plus 1991, Master Gain 92, Master Growth 93, Grand Master 93, PEF Unit Scheme, MEP 93, 94, 95, 96, 97, 98, 99 and US 1992. While in debt scheme, the schemes where exit loads are made NAVs include, IISFUS1997, 97 (II), 98, 98 (II) cumulative option, 98 (II) income option, NRI fund annual option, NRI fund cumulative option, MIP 97 (I), 97 (II), 97 (III), 97 (IV), 97 (V), MIP 98, 98 (II), 98 (III), 98 (IV), 98 (V) and MIP 99. While in the case of debt scheme, the Mahila unit scheme, the exit

load has been cut by two per cent across the board. Schemes for less than one year the exit load will be 3 per cent, between one and two year two per cent and between two and three year the exit load will be one per cent.

New Fund Offer

UTI Infrastructure Advantage Fund

Objective
The Objective is to provide long term Capital Appreciation by investing

predominantly in equity/equity related instruments in the companies engaged either directly or indirectly in the Infrastructure Growth of the Indian Economy.

Why invest in Infrastructure sector in India?

The Indian Economy is expected to grow at 8-9% over the next five years. It is widely believed that to sustain a higher economic growth rate, India will have to invest a huge amount in the Infrastructure sector. Total GCF (Gross Capital Formation) in infrastructure during the Eleventh Plan is projected to amount to Rs. 20 trillion (at 2006-07 prices) or US$ 488 billion. Public Private Participation (PPP) to provide huge opportunities: A substantial proportion of this (around 30%) is expected to come in from private sector.

Why invest in UTI Infrastructure Advantage Fund?

Multi-sector diversified thematic fund with much lesser concentration risks. Investors looking at an opportunity to cash in on India's fast growing infrastructure sector. More than 2000 traded stocks most of them from the Basic Industries, provide the scope for bottom up stock picking.

Excellent Track Record in managing Infrastructure Fund

Performance of Similar Fund

An open ended UTI Infrastructure fund launched in April 2007 has been ranked as 5 star fund by the Value Research (an Independent rating agency)

Fund Performance of Existing Open Ended UTI Infrastructure fund as on Sept 30,07 Compounded Annualised Returns Last 1 year Last 3 years Since Inception NAV (%) 57.14 60.06 50.29 BSE 100 41.70 44.18 35.84

Indicative Sectors of investment

The scheme will invest in companies broadly within the following areas / sectors of the economy

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Airport & related services Banking & other related financial services Construction & related industry Electrical & related industry Energy including Coal, oil & gas, petroleum, pipelines etc Engineering Industrial Capital Goods & products Irrigation & Water Management Services Metals, Minerals & Construction Materials Mining Ports

12. 13. 14. 15. 16.

Power & Power Equipments Road & Railways Telcom Transportation & Logistics Urban Infrastructure including Housing & Commercial Infrastructure

Other Details
Assets Allocation : Equity & Equity Fund 65% to 100% : Debt & Money Market 0% to 35%

Scheme Duration : 12th November, 2007 to 19th December, 2007 Face Value : Rs 10 /Entry Load : NIL Exit Load : NIL at Maturity. (An early exit charge equivalent to the unamortized New Fund Offer expenses will be recovered from the investor in case of redemption before the expiry of 3 years from the date of allotment.) Fund Manager : Sh Sanjay Dongre(same one who is managing the existing Infrastructure Fund)

UTI MF IPO UTI Mutual Fund IPO will hit the markets soon, recently the company has filed its DRHP with SEBI and they have made a point stating that the issue will be open to the markets based on the market conditions. Approval with SEBI anyway takes times and they hope the markets settle by that time and investors appetite for the public offers increase. UTI MF IPO price band and the number of shares under offer will be updated later after the book building process. Do check back for more information on UTI Mutual Fund IPO.

64% of UTI-I Foreclosed Scheme Corpus for Bonds

About 64 per cent of the corpus of seven assured return schemes belonging to UTI-I, (or the administrator of a specified undertaking of the Unit Trust of India) to be foreclosed as on March 31, 2004, will get converted into 6.6 per cent tax-free bonds. The seven schemes, which will be foreclosed as on March 31, 2004, are Childrens Gift Growth Fund (CGGF) 86, CGGF 99, Rajlakshmi Unit Plan (RUP) 94, RUP 99, Monthly Income Plan (MIP) - 98 (V), MIP 99 and Bhopal Gas Victims MIP 92.

The corpus of these seven long-term schemes is about Rs 11,800 crore with an investor base of 40 lakh unitholders. This means that tax-free bonds worth Rs 7,552 crore will be issued and a sum of Rs 4,248 crore will be under the cash option. Investors of these seven schemes have the option of either going for a cash redemption as of March 31, 2004 or for a five-year taxfree bonds. For these seven foreclosed assured return schemes, about 36.24 per cent of the total corpus size will get redeemed under cash option and the remaining 63.76 per cent will be given in the form of 6.6 per cent tax-free bonds, a senior UTI official said. For investors in the highest tax bracket, this 6.6 per cent tax-free bonds will have an effective yield of nine per cent. Of these seven schemes, CGGF 86 is the biggest scheme with an asset size of about Rs 4,000 crore and an equity portion of about 25 per cent. The government-controlled UTI-I will take care of the cash requirement for these schemes and no support from the government is required for the redemption option under these schemes, the official said. The face value of the bond to be given to the investor, who will opt for tax-free bond option, will be Rs 100 paid-up and the interest will be paid on half-yearly basis with a tenure of five years. Unitholders of these schemes will get bonds to the extent of the amount assured to them as on March 31, 2004. Earlier in May 2003, the US-64 scheme got closed and unitholders of the flag scheme of UTI had a similar option. The government decided to issue 6.75 tax-free bonds for those unitholders who formed part of the US-64 special package. In case of US-64 scheme, about 78 per cent of the unitholders opted for the 6.75 per cent tax-free bonds. Following the foreclosure of these schemes, UTI-I will be left out with about seven more assured return MIPs, with a corpus of about Rs 8,500 crore which will be maturing in the next two years or so.