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Unit Trust of India
Set up in 1964, the Unit Trust of India (UTI) has followed its
twin objectives of mobilising mass savings in order to channelise
into productive corporate investments and providing facilities to
people of even modest means of owing indirectly equity shares and
fixed income securities.
Being a financial intermediary between investors and stock markets,
UTI protects the investor against capital risk by giving him the
benefit of its professional expertise in investment management.
UTI's constant supervision on the portfolio that it holds on the
investor's behalf and the diversification of large funds over a
large number of securities throughout the spectrum of industries,
holds great value to the investor.
UTI schemes are mostly open-ended, like:
- Unit Scheme, 1964
- Reinvestment Plan, 1966
- Unit Linked Insurance Plan, 1971
- Children's Gift Growth Fund, 1986
- Rajlakshmi Unit Plan II, 1994
- Children's College & Career Fund, 1993
- Senior Citizen's Unit Plan, 1993
- Retirement Benefit Plan, 1995
- Special Plan for the Handicapped
- UTI Bond Fund
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