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UTI MF launches gold fund

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UTI MF launches gold fund

<b>UTI MF launches gold exchange traded fund</b><br><br> UTI MuTual Fund today announced the launch of the UTI Gold Exchange Traded Fund from March 1, 2007. The new fund offer closes on March 12, 2007.<br><br> UTI Gold Exchange Traded Fund is an open-ended fund designed to track the performance and yield of gold.<br><br> UK Sinha, Chairman & Managing Director, UTI AMC, said: "UTI Gold Exchange Traded Fund offers investors a new secure way to access the gold market without taking physical delivery of gold. It is like having gold in your demat account."<br><br>

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