UTI GOLD EXCHANGE TRADED FUND

UTI GOLD EXCHANGE TRADED FUND
(Open Ended Exchange Traded Fund)

NFO Opens On

March 1st, 2007

NFO Closes On

March 12th, 2007

Type of the Scheme

A passively managed open-ended exchange traded fund designed to track the performance and yield of the underlying security viz gold.

Offer price

Rs.100/- per unit

Face Value

Rs.100/-

Investment Objective

Investment objective of the fund is to endeavour to provide returns that, before expenses, closely track the performance and yield of Gold.If any part of the consideration is accepted in cash, pending deployment of such funds in gold and gold related instruments as per the investment objective as stated above, it may be invested in short term deposits with scheduled commercial banks and/or in other money market instruments.

NAV

UTI Goldshare units would be declared on a daily basis and would be a function of the closing value of the underlying Gold Price, taking into account recurring expenses, etc.

Plans & Options

NIL

Minimum Investment

For Investors: Rs. 20,000/- and in multiple of Rs.1/-
For Authorised Participants:
(i) A minimum of Rs.10 lakh & in multiples of Re 1/- thereafter
(ii) 1 kg of gold and in multiples of 1 kg thereafter

Dematerialisation

(a) UTI Goldshare units will be available only in the dematerialised form.
(b) Applicants under the scheme will be required to have a beneficiary account with a DP of NSDL/ CDSL and will be required to indicate in the application the DP’s name, DP ID number and its beneficiary account number with the DP.
(c) Since UTI Goldshare units are to be issued/repurchased and traded compulsorily in dematerialized form, no request for rematerialisation of UTI Goldshare units will be entertained.

Listing of units

UTI Goldshare units will be listed on the National Stock Exchange and on such other stockexchange(s)

Load Structure

Entry Load	Exit Load
< Rs.50 lacs – 2.50% => Rs.50 lacs & < Rs.2 crs – 1.50% => Rs.2 crs. & < Rs.5 crs – 0.75% => Rs.5 crs - NIL	NIL
No entry/exit load on “UTI Gold Share’ units bought & sold through the secondary market.

Benchmark

The price of gold is the benchmark.

Fund Manager

Mr. Vineet Lakhotia

Asset Allocation

Instrument	(%) of Corpus
Gold bullion	90% - 100%
Debt & Money Market Instruments	0 – 10%

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