UTI Infrastructure Fund ,NFO closes on Dec.19,2007:
Do Invest

Infrastructure : the Engine for Growth
IThe importance of Infrastructure for India`s sustained economic development is well recognised oday.Investment in this sector has gained momentum in the last few years. and is experiencing gwoth across different subsectors.Enormous growth opportunities are going to emerge in the newa future as well.

The share of public and private investment in total infrastructure investment during 11th plan is projected to be about 70% and 30% respectively.

UTI Infrastructure:
 UTI mutual fund has an impeccable track record in the management of Infrastructure fund called:UTI Infrastructure fund. The Fund was the first one to spot the opportunity in 2004 when the sector really took off.The schme has given return of 79.95% in last one year.

The NFO:
UTI mutual fund has announced NFO UTI Infrastructure advantage fund.IT is 3 year close ended equity scheme

The broad focus will be equity shares and equity related securities that are engaged in infrastructure growth of Indian Economy,Normally 65/100% of the portfolio will be invested in Equities of companies engaged directly or indirectly in Infrastructure sector.

The units will of the face value of Rs. 10 Minimum investment will of Rs. 5000 There will not any Entry load.

BSE 100 is the benchmark for this scheme.

NFO closes on 19th Dec. 07.We strongly recommend this scheme to our readers.