core sector communique

UTI – Transportation and Logistics Fund declares tax-free dividend of 12%

UTI – Transportation and Logistics Fund declares tax-free dividend of 12% (Rs. 1.20 per unit on face value of Rs.10/-). Pursuant to the payment of dividend, the NAV of the dividend option of the scheme would fall to the extent of payout and statutory levy (if applicable).

The record date for the dividend is June 27, 2011

All unitholders registered under the dividend option of UTI – Transportation and Logistics Fund as on June 27, 2011 will be eligible for this dividend. Also investors who join the dividend option of the scheme on or before the record date will be eligible for the dividend.

The NAV per unit as on June 21, 2011 was Rs.13.96 under the dividend option.

The detailed scheme performance vis-à-vis its benchmark is given below:

Fund Performance (Growth Option) as on June 15, 2011 Performance Comparison with Benchmark Index
Compounded Annualised Returns	NAV	UTI- Transportation & Logistic Index
One year	5.94%	6.00%
Three years	24.76%	21.04%
Since Inception (April 2008)	21.14%	17.33%
Assuming that all pay outs during the period have been reinvested in units of the fund at the immediate ex-dividend NAV Past Performance may or may not be sustained in the future

UTI Transportation and Logistics Fund is an open-end equity oriented scheme. Investment Objective of the scheme is ‘capital appreciation’ through investments in stocks of the companies engaged in the transportation and logistics sector.

The investment universe of the fund comprises of auto/auto ancillary, railways, ports, airports, roads, shipping, courier, logistics and other ancillary sectors catering to transportation and logistics.

Mr. Anoop Bhaskar is the Fund Manager of the Scheme.

About UTI Mutual Fund

UTI Mutual Fund is a SEBI registered mutual fund whose Sponsors are State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India.

UTI Mutual Fund had investor accounts of 9.88 million under its 82 domestic schemes as on March 31, 2011. The Average Assets under Management (AAUM) for the quarter of January – March 2011 of UTI Mutual Fund was Rs. 67,188.82 crore (source: AMFI website).