UTI-ULIP announces 2:15 bonus for members

Mumbai, Mar 20 (UNI) UTI Unit Linked Insurance Plan (UTI-ULIP) today announced a bonus in the ratio of two units for every 15 units held of face value of Rs 10 each (2:15).

The NAV per unit was Rs 16.9918 on March 17. UTI's ULIP is the first and largest insurance linked mutual fund product in the country with a corpus of Rs 4,086 crore (as on February 28 this year).

UTI-ULIP is positioned as a unique balanced fund with a long term investment objective aiming to deliver reasonable returns in comparison with similar products, said fund manager of the scheme Siddharth Dembi.

UNI RRP KU SKB2003