Mumbai, Nov 25: UTI Mutual Fund has introduced a short-term plan under its government securities scheme for investors looking for short-term credit risk free investment avenues. The plan would remain open for subscription till December nine, 2003, UTI MF said in a release here today.
The plan would reopen for sale and re-purchase from December 15, 2003, it added.
UTI G-Sec short term plan would invest only in central government securities including call money and treasury bills with an average maturity of less than three years, it said.
Bureau Report