Addendum No.-36/2012-13 December 19, 2012

Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666

Website: www.utimf.com

Introduction of Direct Plan for Investing in the Schemes of UTI Mutual Fund (Application not routed through Distributors)

As per the SEBI Circular No.CIR/IMD/DF/21/2012 dated Sept 13, 2012 on “Steps to re-energise Mutual Fund
Industry” with Para D titled “Separate Option for Direct investments”, it has been decided to introduce a
separate plan for direct investments (i.e. investments not routed through an AMFI Registration Number
(ARN) Holder (“Distributor”) (hereinafter referred to as “Direct Plan”) with effect from January 1, 2013
(“Effective Date”) as under:
1. Introduction of Direct Plan: Direct Plan is only for investors who purchase /subscribe Units in a
Scheme directly with the Fund and is not available for investors who route their investments through
a Distributor.
2. Scheme eligibility: Direct Plan shall be introduced in the following schemes of the UTI Mutual Fund
[hereinafter referred to as ‘Fund’] (entire list of Schemes enclosed as per the Annexure):
(a) All open-ended Schemes of the Fund (as per the list enclosed) except (i) UTI Gold Exchange
Traded Fund and (ii) Schemes / Plans discontinued for further subscriptions;
(b) New Fund Offer of UTI Fixed Maturity Plan/s / UTI Fixed Term Income Fund Series under closeended
schemes of the Fund launched on or after the Effective Date; and
(c) Interval Schemes / Plans (commencing from the first day of the Specified Transaction Period
immediately succeeding the Effective Date).
(d) For UTI – Unit Linked Insurance Plan (UTI ULIP), only new commencement of membership on
or after 1st January 2013 can be under the Direct Plan. All the Renewal Contributions (RC) in
respect of Membership Accounts opened on or before December 31, 2012 will continue to
remain in the existing plan.
(Hereinafter, collectively referred to as “the Schemes”).
3. Plans / Options / Sub-options: All Plans / Options / Sub-Options offered by the Fund under the
Schemes (“Existing Plan”) will also be available for subscription under the Direct Plan. Thus, from the
Effective Date, there shall be 2 Plans available for subscription under the Schemes viz., Existing Plan
and Direct Plan. Annexure: List of Schemes with Direct plan enclosed.
Addendum ______
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
Example: Scheme - UTI Opportunities Fund
Existing Plan Direct Plan (introduced w.e.f. January 1,
2013)
Subscription Plan UTI Opportunities Fund UTI Opportunities Fund – Direct Plan
Investment Route Investors routing their
investments through
Distributor
Investors investing directly with the
Fund
Options · Growth Option
· Dividend Option (Payout
& Re-investment)
· Growth Option
· Dividend Option (Payout & Reinvestment)
Thus, investors subscribing under Direct Plan of UTI Opportunities Fund will have to indicate the
Scheme / Plan name in the application form as “UTI Opportunities Fund – Direct Plan”.
4. Scheme characteristics: Scheme characteristics such as Investment Objective, Asset Allocation
Pattern, Investment Strategy, risk factors, facilities offered and terms and conditions including load
structure will be the same for the Existing Plan and the Direct Plan except that:
(a) Switch of investments from Existing Plan (whether the investments were made before or after
the Effective Date) to Direct Plan shall be subject to applicable exit load, if any. However, no exit
load shall be levied in case of switches from Direct Plan to Existing Plan.
(b) Direct Plan shall have a lower expense ratio excluding distribution expenses, commission, etc
and no commission for distribution of Units will be paid / charged under Direct Plan.
(c) Portfolio of the Scheme under the Existing Plan and Direct Plan will be common.
5. Applicable NAV and allotment of units:
(a) Liquid Scheme(s) (UTI Liquid Cash Plan & UTI Money Market Fund): Units shall be allotted for valid
applications received before cut-off time (subject to provisions on realization of funds) on January 1,
2013 under Direct Plan(s) at the Net Asset Value (NAV) of December 31, 2012 of corresponding
option(s) under Existing Plan(s). Thereafter, separate NAVs will be calculated and published for
Direct Plan w.e.f. January 1, 2013.
Addendum ______
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
(b) Non-Liquid Scheme(s) (All Schemes other than Liquid Schemes mentioned above): Units shall be
allotted for valid applications received before cut-off time (subject to provisions on realization of
funds, where applicable) on January 1, 2013 under Direct Plan(s) at the Net Asset Value (NAV) of
January 1, 2013 of corresponding option(s) under Existing Plan(s). Thereafter, separate NAVs will be
calculated and published for option(s) under Direct Plan(s) w.e.f. January 2, 2013.
The above points are summarized below:
* Subject to applicable provisions on realization of funds.
(c) Where application is received without any Distributor Code in the Existing Plan before cut-off time
on December 31, 2012, but the Applicable NAV based on realization of funds is on or after the
Effective Date e.g. January 2, 2013, the Units will be allotted under Existing Plan and not under
Direct Plan.
(d) Where application is received without any Distributor Code in the Existing Plan after cut-off time on
December 31, 2012, the same shall be deemed to have been received on the next Business Day and
hence the Units will automatically be allotted under the Direct Plan at Applicable NAV.
6. Minimum Investment amount under the Direct Plan: In case of already existing investments under
the present Plan, if the investor wants to further invest in the Direct Plan he/she will be required to
invest the minimum investment amount of the scheme, as applicable for that
Scheme/Plan/Option/facility etc.
7. Eligible investors / modes for applying: All categories of investors (whether existing or new
Unitholders) as permitted under the Scheme Information Document of the Schemes are eligible to
subscribe under Direct Plan. Investments under Direct Plan can be made through various modes
Subscriptions in Direct Plan on January
1, 2013 within cut off time*
Applicable NAV
Liquid Schemes NAV of the corresponding Existing Plan /
Option / Sub-option as on December 31, 2012
Non-Liquid Scheme(s) NAV of the corresponding Existing Plan /
Option / Sub-option as on January 1, 2013
Addendum ______
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
offered by the Fund for investing directly with the Fund {except Stock Exchange Platform(s) and all
other Platform(s) where investors’ applications for subscription of units are routed through
Distributors}.
8. How to apply: Investors subscribing under Direct Plan of a Scheme will have to indicate “Direct Plan”
against the Scheme Name in the application form e.g. “UTI Opportunities Fund– Direct Plan”.
Investors should also indicate “Direct” in the ARN column of the application form. However, in case
Distributor code is mentioned in the application form, but “Direct Plan” is indicated against the
Scheme name, the Distributor code will be ignored and the application will be processed under
Direct Plan. Further, where application is received for Existing Plan without Distributor code or
“Direct” mentioned in the ARN Column, the application will be processed under Direct Plan.
9. Existing Investments:
Investors who have invested without Distributor code and have opted for Dividend Reinvestment
facility under Existing Plan may note that the dividend will continue to be reinvested in the Existing
Plan only.
10. Investments through systematic routes:
(a) In case of Systematic Investment Plan (SIP) / Systematic Transfer Investment Plan (STRIP)/
Dividend Transfer Plans (DTP), etc registered prior to the Effective Date without any distributor
code under the Existing Plan, installments falling on or after the Effective Date will automatically
be processed under the Direct Plan.
The terms and conditions of the existing registered enrolment shall continue to apply.
(b) In case of the following facilities which were registered under the Existing Plan prior to the
Effective Date, the future installments shall continue under the Existing Plan:
i. All trigger facilities (registered with Distributor Code) and
ii. Systematic Transfer Investment Plan/ facilities (registered with Distributor Code)
iii. Dividend Transfer Plans (registered from a folio where investments were made both with
Distributor code)
In case such investors wish to invest under the Direct Plan through these facilities, they would
have to cancel their existing enrolments and register afresh for such facilities.
Addendum ______
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
11. Redemption requests: Where, under a scheme, units are held under both the Existing and Direct
Plans, the redemption/switch request shall clearly mention the plan. If no Plan is mentioned, it would
be processed on a first in first out (FIFO) basis considering both the Plans.
12.Tax consequences: Switch / redemption may entail tax consequences. Investors should consult their
professional tax advisor before initiating such requests and take an independent decision
accordingly.
All other terms and conditions of the Schemes as listed in Annexure will remain unchanged.
This addendum is an integral part of the Scheme Information Document (SID) / Key Information
Memorandum (KIM) of the above schemes and shall be read in conjunction with the SID / KIM.
For UTI Asset Management Company Limited
Sd/-
Authorised Signatory
In case any further information is required, the nearest UTI Financial Centre may please be contacted.
Annexure: List of UTI MF Schemes - Existing & Direct Plan/Option
S.
No.
Scheme Names
Existing Plans & Options Direct Plan with Option
1 UTI-Balanced FundFund
Growth Option Growth Option
Dividend Option Dividend Option
2
UTI-Banking Sector Fund-
Regular Plan
Growth Option Growth Option
Dividend Option Dividend Option
3 UTI-Contra Fund
Growth Option Growth Option
Dividend Option Dividend Option
4 UTI-Dividend Yield Fund
Growth Option Growth Option
Dividend Option Dividend Option
5 UTI-Energy Fund
Growth Option Growth Option
Dividend Option Dividend Option
6 UTI-Equity Fund
Growth Option Growth Option
Dividend Option Dividend Option
7 UTI-India Lifestyle Fund Growth Option Growth Option
Addendum ______
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
Dividend Option Dividend Option
8 UTI-Infrastructure Fund
Growth Option Growth Option
Dividend Option Dividend Option
9 UTI-Leadership Equity Fund
Growth Option Growth Option
Dividend Option Dividend Option
10 UTI-Master Plus Unit Scheme
Growth Option Growth Option
Dividend Option Dividend Option
11 UTI-Mastershare Unit Scheme
Growth Option Growth Option
Dividend Option Dividend Option
12 UTI-Master Value Fund
Growth Option Growth Option
Dividend Option Dividend Option
13 UTI-Mid Cap Fund
Growth Option Growth Option
Dividend Option Dividend Option
14 UTI-MNC Fund
Growth Option Growth Option
Dividend Option Dividend Option
15 UTI-Nifty Index Fund
Growth Option Growth Option
Dividend Option Dividend Option
16 UTI-Opportunities Fund
Growth Option Growth Option
Dividend Option Dividend Option
17 UTI-Pharma & Healthcare Fund
Growth Option Growth Option
Dividend Option Dividend Option
18 UTI-Services Industries Fund
Growth Option Growth Option
Dividend Option Dividend Option
19 UTI-Top 100 Fund
Growth Option Growth Option
Dividend Option Dividend Option
20
UTI-Transportation & Logistics
Fund
Growth Option Growth Option
Dividend Option Dividend Option
21
UTI-Wealth Builder Fund –
Series II- Retail Plan
Growth Option Growth Option
Dividend Option Dividend Option
22 UTI-Bond Fund
Growth Option Growth Option
Dividend Option Dividend Option
23 UTI-Credit Opportunities Fund
Growth Option Growth Option
Dividend Option Dividend Option
24 UTI-Dynamic Bond Fund
Growth Option Growth Option
Dividend Option Dividend Option
25
UTI-Fixed Maturity Plan -
Quarterly Series - Regular Plan
Growth Option Growth Option
Dividend Option Dividend Option
26
UTI-Fixed Maturity Plan - Half
Yearly Series - Regular Plan
Growth Option Growth Option
Dividend Option Dividend Option
27 UTI-Fixed Maturity Plan - Yearly Growth Option Growth Option
Addendum ______
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
Series - Regular Plan Dividend Option Dividend Option
28
UTI-Floating Rate Fund-STPRegular
Plan
Growth Option Growth Option
Daily Dividend Reinvestment
Option
Daily Dividend Reinvestment
Option
Weekly Dividend Reinvestment
Option
Weekly Dividend Reinvestment
Option
29
UTI-Gilt Advantage Fund- Long
Term Plan
Growth Plan Growth Plan
Dividend Plan Dividend Plan
30
UTI-G-Sec Fund- Short Term
Plan
Growth Option Growth Option
Dividend Option Dividend Option
31
UTI-Liquid Cash Plan-
Institutional
Growth Option Growth Option
Daily Dividend Reinvestment
Option
Daily Dividend Reinvestment
Option
Weekly Dividend Reinvestment
Option
Weekly Dividend Reinvestment
Option
Monthly Dividend Option Monthly Dividend Option
32 UTI-Mahila Unit Scheme
Growth Option Growth Option
Dividend Option Dividend Option
33 UTI-MIS-Advantage Plan
Growth Plan Growth Plan
Flexi Dividend Plan Flexi Dividend Plan
Monthly Dividend Plan Monthly Dividend Plan
Monthly Payment Plan Monthly Payment Plan
UTI-Money Market Fund-
Institutional Plan
Growth Option Growth Option
Daily Dividend Reinvestment
Option
Daily Dividend Reinvestment
Option
Weekly Dividend Option Weekly Dividend Option
35 UTI-Monthly Income Scheme
Growth Option Growth Option
Dividend Option Dividend Option
36
UTI-Short Term Income Fund-
Institutional Option
Growth Sub-Option Growth Sub-Option
Dividend Sub-Option Dividend Sub-Option
37
UTI-Treasury Advantage Fund-
Institutional Plan
Growth Option Growth Option
Daily Dividend Reinvestment
Option
Daily Dividend Reinvestment
Option
Weekly Dividend Option Weekly Dividend Option
Monthly Dividend Option Monthly Dividend Option
Quarterly Dividend Option Quarterly Dividend Option
Annual Dividend Option Annual Dividend Option
Bonus Option Bonus Option
38
UTI-Unit Scheme for Charitable
& Religious Trusts & Registered
Societies
Growth Option Growth Option
Dividend Option Dividend Option
Addendum ______
Registered Office: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Phone: 022- 66786666
Website: www.utimf.com
39
UTI-Fixed Income Interval Fund
- I- Monthly Interval Plan- Retail
Option
Growth Sub Option Growth Sub Option
Dividend Sub Option Dividend Sub Option
40
UTI-Fixed Income Interval Fund
- I- Quarterly Interval Plan-
Retail Option
Growth Sub Option Growth Sub Option
Dividend Sub Option Dividend Sub Option
41
UTI-Fixed Income Interval Fund
- I - Half Yearly Interval Plan-
Retail Option
Growth Sub Option Growth Sub Option
Dividend Sub Option Dividend Sub Option
42
UTI-Fixed Income Interval Fund
- I- Annual Interval Plan- Retail
Option
Growth Sub Option Growth Sub Option
Dividend Sub Option Dividend Sub Option
43
UTI-Fixed Income Interval Fund
- II- Quarterly Interval Plan-
Retail Option
Growth Sub Option Growth Sub Option
Dividend Sub Option Dividend Sub Option
44 UTI-SPrEAD Fund
Growth Sub Option Growth Option
Dividend Sub Option Dividend Payout Option
45
UTI-Retirement Benefit Pension
Fund N.A.*
46
UTI-Unit Linked Insurance Plan-
10 Year Plan
Declining Term Insurance Cover
Declining Term Insurance
Cover
Fixed Term Insurance Cover Fixed Term Insurance Cover
47
UTI-Unit Linked Insurance Plan-
15 Year Plan
Declining Term Insurance Cover
Declining Term Insurance
Cover
Fixed Term Insurance Cover Fixed Term Insurance Cover
48 UTI-Equity Tax Savings Plan
Growth Option Growth Option
Dividend Option Dividend Option
49
UTI-Children's Career Balanced
Plan
Growth Option Growth Option
Scholarship Option Scholarship Option
50 UTI-CCP Advantage Fund
Growth Option Growth Option
Dividend Option Dividend Option
Scholarship Option Scholarship Option
* Scheme Plan/ Option/Sub-option is as per the SID and since there is no specific name for the
Plan/Option for UTI RBPF, the column appears N.A.