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UTI-Fixed Maturity Plan(A close-ended umbrella income scheme)

UTI Mutual FundUTI Asset Management Company Limited

UTI Trustee Company Private Limited

Address of the Mutual Fund, AMC and Trustee Company:

UTI Tower, Gn Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051.

The particulars of the Scheme have been prepared in accordance with the Securities and

Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI

(MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence

Certificate from the AMC. The units being offered for public subscription have not been

approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the

Scheme Information Document.

The Scheme Information Document sets forth concisely the information about the scheme that a prospective

investor ought to know before investing. Before investing, investors should also ascertain about any further

changes to this Scheme Information Document after the date of this Document from the Mutual Fund / UTI

Financial Centres (UFCs) / Website / Distributors or Brokers.

The investors are advised to refer to the Statement of Additional Information (SAI) for detailsof UTI Mutual Fund, Tax and Legal issues and general information on www.utimf.com.

SAI is incorporated by reference (is legally a part of the Scheme Information Document).For a free copy of the current SAI, please contact your nearest UTI Financial Centre or logon to our website.

The Scheme Information Document should be read in conjunction with the SAI and not in

isolation.

This Scheme Information Document is dated January 29, 2013

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UTI - FIXED MATURITY PLAN

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TABLE OF CONTENTS

Item No. Contents Page No.

HIGHLIGHTS 3

I INTRODUCTIONA. Risk Factors 5

B. Requirement of minimum investors in the Scheme 7

C. Definitions 7

D. Due Diligence by the Asset Management Company 10

II. INFORMATION ABOUT THE SCHEME

A. Type of the Scheme 11

B. What is the investment objective of the Scheme? 11

C. How will the Scheme allocate its assets? 11

D. Where will the Scheme invest? 15

E. What are the Investment Strategies? 16F. Fundamental Attributes 16

G. How will the Scheme Benchmark its performance? 17

H. Who manages the scheme? 17

I. What are the Investment Restrictions? 17

J. How has the Scheme performed? 18

III. UNITS AND OFFER

A. A New Fund Offer 18

B. Ongoing Offer Details 23

C. Periodic Disclosures 30

D. Computation of NAV 32

IV. FEES AND EXPENSES

A. New Fund Offer (NFO) Expenses 32

B. Annual Scheme Recurring Expenses 32

C. Load Structure 33

D. Waiver of load for Direct Applications 34

V. RIGHTS OF UNITHOLDERS 34

VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONSOR INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE

PROCESS OF BEING TAKEN BY ANY REGULATORY AUTHORITY

34

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HIGHLIGHTS

Nature of scheme UTI-Fixed Maturity Plan (formerly IL&FS Fixed Maturity Plan) is a close-ended UmbrellaIncome Scheme comprising of several Investments Plans.

UTI-Fixed Maturity Plan (the Scheme) will comprise of three series viz., Quarterly, Half-Yearlyand Yearly Series and within the Series, various Fixed Maturity Plans (FMPs). The Schemeproposes to launch the 4 FMPs under these Series every month and as detailed in the schedulegiven on Pages 4 and 5. Each FMP identified by a distinct number, will have a portfolio of Debt

/ Money Market Instruments and Government securities normally maturing in line with the timeprofile of each FMP.

Each plan apart from having a separate portfolio will follow all disclosure requirements andother norms as specified under the Regulations.

Investmentobjective

The investment objective of the Scheme and Plans launched there under is to seek regularreturns by investing in a portfolio of fixed income securities normally maturing in line with thetime profile of the respective Plans, thereby enabling the investors to nearly eliminate interestrate risk by remaining invested in the Plan till the Maturity / Final Redemption.

However there can be no assurance that the investment objective of the Scheme will beachieved. The Plans do not guarantee / indicate any returns.

Plans and Options Each Plan shall offer Regular Plan and *Direct Plan having Growth and Dividend Option withDividend Payout and Dividend Reinvestment facility.

*Direct Plan:

There will be a separate plan for direct investments i.e. investments not routed through adistributor. This plan shall have a lower expense ratio excluding distribution expenses,commission etc. and have a separate NAV. No commission shall be paid from Direct Plan.

Portfolio of the Scheme under the Regular Plan and Direct Plan will be common.

Liquidity During the new fund offer, the units of the plans will be sold at the face value of`10/- per unit.

Redemption will be done on the maturity date at the Net Asset Value of the date of maturity ofthe respective plan of the scheme.

As per SEBI guidelines, the AMC/Mutual Fund shall not redeem the units of the scheme/planbefore the date of maturity.

The units of each plan of the scheme will be listed on the National Stock Exchange (NSE) and/ or any other stock exchange(s), as may be decided by UTI AMC, after the closure of the NewFund Offer period. Investors will be able to enter and exit the fund through transactions in thesecondary market.

Redemption /Maturity

Each Plan will have a Maturity Date / Final Redemption Date. Each Plan will compulsorily andwithout any further act by the Unitholder (s) be redeemed on the Maturity / Final RedemptionDate. On Maturity / Final Redemption Date of the Plan, the Units under the Plan will beredeemed at the Applicable NAV. For Redemptions made on the Maturity Date / FinalRedemption Date, at present, the AMC does not intend to charge any Exit Load.

Benchmark No comparable benchmark available.

Transparency/ NAV

DisclosureThe AMC will calculate and disclose the first Net Asset Value of the respective Plan not laterthan 5 business days from the date of allotment. Subsequently, the NAV will be calculated anddisclosed at the close of every Business Day.

Loads Load structure

Entry Load : Nil

Exit Load : Nil

Redemption not permitted before maturity.

MinimumApplication

Amount

The minimum amount under any Plan viz., Regular Plan or Direct Plan is `10,000/- and inmultiples of`10/-. thereafter

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SCHEDULE OF UTI FIXED MATURITY PLAN

Schedule of UTI-Fixed Maturity Plan and details of the FMPs proposed to be launched under each series viz., Plans andOptions available thereunder and Fixed Maturity / Redemption Dates are as under:

Quarterly Series Half-Yearly Series Yearly Series

i) Regular Plan

a) Dividend Optionb) Growth Optionii) Direct Plana) Dividend Optionb) Growth Option

i) Regular Plan


i) Regular Plan


FixedMaturity

Series

Options undereach FMP

Duration ofthe FMP

New Fund Offer Period Fixed Maturity / Redemption Date

Identificationnumber

QuarterlySeries(QFMP)

Growth andDividend havingDividendReinvestmentfacility.

94 days For a period not exceeding 7business days (or such number ofdays not exceeding 15 days) at theend of which allotment shall bemade. The face value of unit is`10/-.

95th day from thedate of closure of theOffer Period of thePlan.

QFMP / MonthYear / Plannumber

Half-YearlySeries(HFMP)




HFMP / MonthYear

YearlySeries(YFMP)




YFMP / MonthYear

The Scheme proposes to launch 4 FMPs under these series every month, with 2 FMPs to be launched every fortnight asper the Schedule given below.

Tentative Launch Schedule:

Quarterly Series (QFMPs): It is proposed to launch 2 FMPs under the Quarterly Series every month, one each on 1st andthe 16th of the month. The QFMPs under this Series shall be identified by a distinct number indicated by the Month and Yearof launch and the FMP number. For e.g. the first QFMP to be launched on April 1, 2013 is identified as QFMP / 0413 / I.

Half-Yearly Series (HFMP): It is proposed to launch 1 FMP under the Half-Yearly Series, on 1st of every month. TheHFMPs shall be identified by a distinct number indicated by the Month and Year. For e.g. the Plan of this Series to belaunched in April 2013 is identified as HFMP / 0413.

Yearly Series (YFMP): It is proposed to launch 1 FMP under the Yearly Series on the 16th of every month. The YFMPsshall be identified by a distinct number indicated by the Month and Year. For e.g. the YFMP to be launched during the NFOin the month of April, 2013 is identified as YFMP / 0413.

To summarise, the Scheme envisages launch of the following Fixed Maturity Plans

Name of Series Date of launch Date of closure **

1 Quarterly Series having a duration of 94days

1st of every month16th of every month

15th of that monthLast business day of that month.

2 Half-Yearly Series having a duration of186 days

1st of every month 25th of that month

3 Yearly Series having a duration of 396days

16th of every month Last business day of that month.

** New Fund Offer period of the schemes will be as per SEBI guidelines which is currently restricted to a maximum 15 days

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The Trustees reserve the right to terminate a particularFMP from a notified date, should the number of unitholdersin the FMP and / or the size of net assets of the FMP gobelow an economic size as determined by the Trustees.

Each Plan will be redeemed on the Maturity / RedemptionDate. On the Maturity / Final Redemption Date of the Plan,the Units under the Plan will be redeemed at the ApplicableNAV. It should be further noted that if the Maturity / FinalRedemption date is not a Business Day then the Redemptiondate would be the next Business Day.

Each Plan will invest predominantly in instruments maturingbefore the Maturity / Final Redemption Date of that Plan.The Plans will be managed as separate portfolios. Shouldthere be no securities available to meet the aboveinvestment pattern for a particular Plan, the amountmobilized under the Plan will be invested in securities withsuitable maturity till such time as appropriate securitiesbecome available. However such securities shall also havematurity on (or) before date of maturity of the scheme asper SEBI guidelines.

Each Plan, when offered for Purchase would be open, for aperiod not exceeding 7 Business Days or for such numberof days (not exceeding 15 Business days) as may bedecided by the AMC.

I. INTRODUCTIONA Risk Factors:

Standard Risk Factors:

a. Investment in Mutual Fund Units involves investmentrisks such as trading volumes, settlement risk, liquidityrisk, default risk including the possible loss of principal.

b. As the price / value / interest rates of the securities inwhich the scheme invests fluctuates, the value of yourinvestment in the scheme may go up or down.

c. Past performance of the Sponsors/AMC/Mutual Funddoes not guarantee future performance of the scheme.

d. The name of the scheme does not in any mannerindicate either the quality of the scheme or its futureprospects and returns.

e. The sponsors are not responsible or liable for any lossresulting from the operation of the scheme beyond theinitial contribution of `10000/- made by it towardssetting up the Fund.

f. The present scheme is not a guaranteed or assuredreturn scheme.

g. Statements/Observations made are subject to thelaws of the land as they exist at any relevant point of

time.h. Growth, appreciation, dividend and income, if any,

referred to in this Scheme Information Document aresubject to the tax laws and other fiscal enactments asthey exist from time to time.

i. Mutual funds, like securities investments, are subjectto market and other risks and there can be no

guarantee against loss resulting from an investment inthe Scheme nor can there be any assurance that theSchemes objectives will be achieved.

j. As with any investment in securities, the NAV of theUnits issued under the Scheme can go up or downdepending on various factors that may affect thevalues of the Schemes investments. In addition to thefactors that affect the value of individual securities, theNAV of the Scheme can be expected to fluctuate withmovements in the broader bond markets and may beinfluenced by factors affecting bond markets ingeneral, such as, but not limited to, changes in interestrates, changes in governmental policies and increasedvolatility in the bond and money markets.

SCHEME SPECIFIC RISK FACTORS & SPECIALCONSIDERATIONS:

a. The NAV of the Schemes Units, to the extent that theScheme is invested in fixed income securities, will beaffected by changes in the general level of interestrates. When interest rates decline, the value of a

portfolio of fixed income securities can be expected torise. Conversely, when interest rates rise, the value ofa portfolio of fixed income securities can be expectedto decline.

b. Debt securities are subject to the risk of an issuersinability to meet interest and principal payments on itsdebt obligations (credit risk). Debt securities may alsobe subject to price volatility due to factors such aschanges in interest rates, general level of marketliquidity and market perception of the creditworthinessof the issuer, among others (market risk). TheInvestment Manager will place considerable emphasison the credit rating of the issuer and therefore will onlyinvest in securities that are rated investment grade by

a regulated credit rating agency such as CRISIL,ICRA, CARE etc, or in unrated debt securities, whichthe Investment Manager believes to be of equivalentquality. Market risk will be addressed by analyzingvarious economic trends in order to seek to determinethe likely future course of interest rates.

c. Reinvestment Risk: This risk refers to the interest ratelevels at which cash flows received from the securitiesin the Scheme or from maturities in the Scheme arereinvested. The additional income from reinvestmentis the interest on interest component. The risk is thatthe rate at which interim cash flows can be reinvestedwill fall.

Each Plan will invest predominantly in instruments

maturing before the Maturity / Final Redemption Dateof that Plan as per SEBI guidelines.

d. Lower rated or unrated securities are more likely toreact to developments affecting the market and thecredit risk than the highly rated securities which reactprimarily to movements in the general level of interestrates. Lower rated securities also tend to be moresensitive to economic conditions than higher rated

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securities. The Investment Manager will consider bothcredit risk and market risk in making investmentdecisions.

e. Zero coupon or deep discount bonds are debtobligations that do not entitle the holder to any periodicpayment of interest prior to maturity of a specified datewhen the securities begin paying current interest andtherefore are generally issued and traded at a discountto their face values. The discount depends on the timeremaining until maturity or the date when securitiesbegin paying current interest. It also varies dependingon the prevailing interest rates, liquidity of the securityand the perceived credit risk of the issuer. The marketprices of zero coupon securities are generally morevolatile than the market prices of securities that payinterest rates periodically and are likely to respond tochanges in interest rates to a greater degree thanother coupon bearing securities having similarmaturities and credit quality.

f. As zero coupon securities do not provide periodic

interest payments to the holder of the security, thesesecurities are more sensitive to changes in interestrate hence the risk of zero coupon securities is higher.The AMC may choose to invest in zero couponsecurities that offer attractive yields. This may increasethe risk of the portfolio.

g. The credit risk factors pertaining to lower ratedsecurities also apply to lower rated zero coupon ordeferred interest bonds. Such bonds carry anadditional risk in that, unlike bonds that pay interestthroughout the period to maturity, the Scheme wouldnot realize any cash until interest payment on thebonds commence and if the issuer defaults theScheme may not obtain any return on its investment.

h. The value of the Schemes investments may beaffected generally by factors affecting capital marketssuch as price and volume volatility in the stock markets,interest rates, currency exchange rates, foreigninvestments, changes in Government policies,taxation, political, economic or other developmentsand closure of the stock exchanges. There is also riskof loss due to lack of adequate external systems fortransferring, pricing, accounting and safekeeping orrecord keeping of securities. Consequently the NAV ofthe Scheme may fluctuate and the value of the Unitsmay go down as well as up.

i. Securities which are not quoted on the stock exchangesare inherently illiquid in nature and carry a largeramount of liquidity risks, in comparison to securitiesthat are listed on the exchanges or offer other exitoptions to the investor, including a put option. TheAMC may choose to invest in unlisted securities thatoffer attractive yields. This may increase the risk of theportfolio.

j. From time to time and subject to the Regulations, theSponsor, Investment companies of the Sponsor,Funds managed by the Sponsor, their affiliates,associate companies, subsidiaries, the AMC, TrusteeCompany or any other unitholder may invest eitherdirectly or indirectly in the Scheme. These entities may

acquire a substantial portion of the Scheme Units andcollectively constitute a major investor in the Scheme.Accordingly, redemption of Units by these entities mayhave an adverse impact on the Units of the Schemebecause the timing of such redemption may impact theability of other Unit holders to redeem their Units.

Risk Factors of investment in Overseas financial

Assets

To the extent that the assets of the schemes will be investedin securities denominated in foreign currencies, the Indianrupee equivalent of the net assets, distributions and incomemay be adversely affected by changes in the value ofcertain foreign currencies relative to the Indian Rupee (IfIndian rupee appreciates against these foreign currency).

The repatriation of capital to India may also be hamperedby changes in regulations concerning exchange controls orpolitical circumstances as well as the application to it ofother restrictions on investment. The scheme may have topay applicable taxes on gains from such investment.

The Scheme may use various derivative products, fromtime to time, in an attempt to protect the value of the portfolioand enhance Unit holders interest. Derivative products arespecialised instruments that require investment techniquesand risk analysis different from those associated with stocksand bonds. The use of a derivative requires an understandingnot only of the underlying instrument but of the derivativeitself, without the benefit of observing the performance ofthe derivative under all possible market conditions. Otherrisks include, the risk of mispricing or improper valuationand the inability of derivatives to correlate perfectly withunderlying assets, rates and indices. See paragraph onDerivatives and Hedging products in Section II.

Risk Factors viz., Interest Rate Swaps (IRS) and

Forward Rate Agreements (FRA)

Some of the risks associated with IRS and FRAs are asbelow:

(a) Counterparty Risk: This refers to the risk of credit andsettlement. Specifically it refers to the event that thecounterparty in the IRS/FRA deal is unable to meet itscommitment and defaults on its obligations

(b) Basis Risk: Basis risk is the risk of mismatch i.e. therisk that arise when the underlying asset/ liability is not

perfectly correlated with the derivative position(c) Liquidity Risk: This refers to the risk associated with

the ease with which a derivative position can beunwound

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B. REQUIREMENT OF MINIMUM INVESTORS IN THE

SCHEME

The Scheme(s) and individual Plan(s) under theScheme(s) shall have a minimum of 20 investors andno single investor shall account for more than 25% ofthe corpus of the Scheme(s)/Plan(s). These conditionswill be complied with immediately after the close of theNFO itself i.e. at the time of allotment. In case of non-fulfillment with the condition of minimum 20 investors,the Scheme(s)/Plan(s) shall be wound up inaccordance with Regulation 39 (2) (c) of SEBI (MF)Regulations automatically without any reference fromSEBI. In case of non-fulfillment with the condition of25% holding by a single investor on the date ofallotment, the application to the extent of exposure inexcess of the stipulated 25% limit would be liable to berejected and the allotment would be effective only tothe extent of 25% of the corpus collected. Consequently,such exposure over 25% limits will lead to refundwithin 5 Business days of the date of closure of the

New Fund Offer. The aforesaid would be applicable atthe portfolio level.

C. DEFINITIONS

In this Scheme Information Document the followinginterpretation have been used, unless the contextrequires otherwise. Some abbreviations / entities havealso been defined under the heading Summary.

1. Acceptance date or date of acceptance withreference to an application made by an applicant tothe UTI Asset Management Company (UTI AMC) forpurchase or redemption of units means the day onwhich the UTI Financial Centres (UFCs)/Registrar orthe other official points of acceptance (as per the listattached with this Scheme Information Document) or

notified hereafter, after being satisfied that suchapplication is complete in all respects, accepts thesame.

2. Accounting Year of UTI Mutual Fund is from April toMarch.

3. Act means the Securities and Exchange Board ofIndia Act, 1992, (15 of 1992) as amended from time totime.

4. AMFI means Association of Mutual Funds in India.

5. Applicable NAV the NAV applicable for redemptionrequests or Switches, as the context may require, asdefined in this Scheme Information Document basedon the time of the Business Day on which theapplication is accepted.

6. Applicant means an investor who is eligible toparticipate in the scheme and who is not a minor andshall include the alternate applicant mentioned in theapplication form.

7. Alternate applicant in case of a minor means theparent other than the parent/step-parent/courtguardian who has made the application on behalf ofthe minor.

8. Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI AssetManagement Company Limited incorporated underthe Companies Act, 1956, (1 of 1956) and approvedas such by Securities Exchange Board of India (SEBI)under subregulation (2) of Regulation 21 to act as the

investment manager to the schemes of UTI MutualFund.

9. Auditor Auditor of the Scheme, currently M/sChandabhoy & Jassoobhoy & Co.

10. Business Day means a day other than (i) Saturdayand Sunday or (ii) a day on which the principal stockexchange with reference to which the valuation ofsecurities under the scheme is done is closed, or theReserve Bank of India or banks in Mumbai are closedfor business, or (iii) a day on which the UTI AMCoffices in Mumbai remain closed or (iv) a day on whichpurchase and redemption/ changeover / switchover ofunit is suspended by the Trustee or (v) a day on whichnormal business could not be transacted due to storm,

floods, bandhs, strikes or such other events as theAMC may specify from time to time.

The AMC reserves the right to declare any day as aBusiness Day or otherwise at any or all official Pointsof Acceptance.

11. CDSL means Central Depository Services (India)Ltd.

12. Custodian means a person who has been granted acertificate of registration to carry on the business ofcustodian under the Securities and Exchange Board ofIndia (Custodian of Securities) Regulations, 1996, andwho may be appointed for rendering custodianservices for the Scheme in accordance with theRegulations.

13. Depository means a body corporate as defined inDepositories Act, 1996 (22 of 1996) and includesNational Securities Depository Ltd. (NSDL) andCentral Depository Services Ltd. (CDSL).

14. Dividend Income distributed by the Scheme on theUnits.

15. Eligible Trust means - (i) a trust created by or inpursuance of the provisions of any law which is for thetime being in force in any State, or (ii) a trust, theproperties of which are vested in a treasurer under theCharitable Endowments Act 1890 (Act 6 of 1890), or(iii) a religious or charitable trust which is administeredor controlled or supervised by or under the provisionsof any law, which is for the time being in force relating

to religious or charitable trusts or, (iv) any other trust,being an irrevocable trust, which has been created forthe purpose of or in connection with the endowment ofany property or properties for the benefit or use of thepublic or any section thereof, or (v) a trust created bya will which is valid and has become effective, or (vi)any other trust, being an irrevocable trust, which hasbeen created by an instrument in writing and includes

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depository within the meaning of Clause(e) ofSubsection (1) of Section 2 of The Depositories Act,1996.

16. Entry Load or Purchase Load Load on Purchase /Switch in of Units.

17. Exit Load/ Redemption Load Load on Redemption /Switch Out of Units.

18. FII Foreign Institutional Investor, registered withSEBI under the Securities and Exchange Board ofIndia (Foreign Institutional Investors) Regulations,1995, as amended from time to time.

19. Firm, partner and partnership have the meaningsassigned to them in the Indian Partnership Act, 1932(9 of 1932), but the expression partner shall alsoinclude any person who being a minor is admitted tothe benefits of the partnership.

20. Fund Manager means the manager appointed for theday-to-day management and administration of thescheme.

21. Government securities or Gilts Security created andissued by the Central Government and / or a StateGovernment or any other security prescribed as aGovernment Security under the Public Debt Act, 1944.

22. Investment Management Agreement or IMA meansthe Investment Management Agreement (IMA) datedDecember 9, 2002, executed between UTI TrusteeCompany Private Limited and UTI Asset ManagementCompany Limited.

23. Investor Service Centre such offices as aredesignated as Investor Service Centre (ISC) by theAMC from time to time.

24. Load is a charge that may be levied as a percentageof NAV at the time of entry into the Scheme or at the

time of exiting from the Scheme.25. Market means any recognized Stock Exchange(s)

including the National Stock Exchange (NSE) whereUTI-Fixed Maturity Plan units are listed and traded.

26. Maturity Date / Final Redemption Date The MaturityDate / Final Redemption Date(s) is the date (or theimmediately following Business Day, if that date is nota Business Day) on which the Outstanding Units(including the Units allotted on Dividend Reinvestment)under the respective Plan will be compulsorily andwithout any further act by the Unitholder(s) redeemedat the Applicable NAV.

27. Mutual Fund or Fund or UTIMF means UTI MutualFund, a Trust under the Indian Trust Act, 1882

registered with SEBI under registration numberMF/048/03/01 dated January 14, 2003.

28. NAV Net Asset Value per Unit of the Scheme and thePlans / Options therein, calculated in the mannerdescribed in this Scheme Information Document or asmay be prescribed by the SEBI Regulations in forcefrom time to time.

29. New Fund Offer or NFO or New Fund Offer Periodmeans offer of the units of the UTI-Fixed Maturity Planduring the New Fund Offer Period.

30. New Fund Offer Period of the Plans Offer of units ofthe Plans under each Series of the Scheme during theNew Fund Offer Period of the Scheme and asdetermined by the AMC at the launch of the Planssubsequent to the New Fund Offer of the Scheme.Each Plan, when offered for Purchase would be open,for a period not exceeding 7 Business Days or for suchnumber of days (not exceeding 15 Business days) asmay be decided by the Asset Management CompanyLimited.

31. NSDL means the National Securities Depository Ltd.

32. Non-Resident Indian (NRI) shall have the meaningas defined under Foreign Exchange Management(Deposit) Regulations, 2000 (FEMA Regulation 2000)framed by Reserve Bank of India under ForeignExchange Management Act, 1999 (42 of 1999). As perFEMA Regulation 2000, Non-Resident Indian (NRI)

means a person resident outside India who is a citizenof India or is a person of Indian origin. A person shallbe deemed to be a person of Indian origin if he is acitizen of any country other than Bangladesh orPakistan and if (a) he at any time held Indian passport;or (b) he or either of his parents or any of hisgrandparents was a citizen of India by virtue of theConstitution of India or the Citizenship Act, 1955 (57 of1955); or (c) the person is a spouse of an Indian citizenor a person referred to in sub-clause (a) or (b) herein.

33. Number of units deemed to be in issue means theaggregate of the number of units issued and stillremaining outstanding.

34. Official points of acceptance UTI Financial Centers

(UFCs), Offices of the Registrars of the Scheme andany other authorised center as may be notified by UTIAMC from time to time shall be the official points ofacceptance of purchase/changeover/switchover andredemption applications of the scheme. The cut offtime that as mentioned in the scheme informationdocument will be applicable at these official points ofacceptance. At present in addition to UFCs andRegistrars, the list of places as official point ofacceptance is attached with this document.

For purchase/redemption/changeover/switchover ofunits applications received at any authorised collectioncenter, which is not an official point of acceptance, thecut off time at the official point of acceptance alone,will be applicable for determination of NAV for

purchase/redemption/changeover or switchover ofunits.

35. Purchase / Subscription Purchase or allotment ofUnits to the Unitholder upon subscription by theinvestor/ applicant under the Scheme.

36. RBI Reserve Bank of India, established under theReserve Bank of India Act, 1934.

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37. Registrar means a person whose services may beretained by UTI AMC to act as the Registrar under thescheme, from time to time.

38. Regulations or SEBI Regulations mean the SEBI(Mutual Funds) Regulations, 1996, as amended fromtime to time.

39. Repo Sale of Government Securities withsimultaneous agreement to repurchase / resell them ata later date.

40. Scheme Information Document This documentissued by UTI Mutual Fund offering Units of UTI FixedMaturity Plan for subscription.

41. SEBI means the Securities and Exchange Board ofIndia set up under the Securities and Exchange Boardof India Act, 1992 (15 of 1992).

42. Sponsors are Bank of Baroda, Punjab National Bank,Life Insurance Corporation of India and State Bank ofIndia.

43. Switch Redemption of Units in one Scheme (including

Plans / Options therein) against purchase of Units inany scheme (including Plan / Option therein), onmaturity.

44. Time all time referred to in the scheme informationdocument stands for Indian Standard Time.

45. Trustee means UTI Trustee Company PrivateLimited, a company incorporated under the CompaniesAct, 1956 and approved by SEBI to act as the Trusteeto the schemes of UTI Mutual Fund.

46. Trust Deed means the Trust Deed dated December9, 2002 of UTI Mutual Fund.

47. Unit means the interest of the unitholders in ascheme, which consists of each unit representing oneundivided share in the assets of a scheme.

48. Unit Capital means the aggregate of the face value ofunits issued under the scheme and outstanding for thetime being.

49. Unitholder means a person holding units in thescheme of the Mutual Fund.

50. UTI-Fixed Maturity Plan UTI-Fixed Maturity Plan (anumbrella scheme) and each of the Plans launchedthereunder including the Options offered under suchPlans referred to individually as the Plan andcollectively as the Plans or the Scheme in this SchemeInformation Document. Each such Plan being a distinctentity is of the nature of a scheme under theRegulations.

Interpretation

For the purpose of this Scheme Information Document,except as otherwise expressly provided or unless the

context otherwise requires. The terms defined in this Scheme Information

Document include the plural as well as the singular.

Pronouns having a masculine or feminine gender shallbe deemed to include the other.

In this Scheme Information Document, all referencesto dollars or $ refers to United States dollars, and` Refers to Indian Rupees. A crore means tenmillion and a lakh means a hundred thousand.

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D. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY

Due Diligence Certificate submitted to SEBI for UTI-Fixed Maturity Plan

It is confirmed that:

I. the draft Scheme Information Document forwarded to SEBI is in accordance with the SEBI (Mutual Funds)

Regulations, 1996 and the guidelines and directives issued by SEBI from time to time.

II. all legal requirements connected with the launching of the scheme as also the guidelines, instructions, etc. issued

by the Government and any other competent authority in this behalf, have been duly complied with.

III. the disclosures made in the Scheme Information Document are true, fair and adequate to enable the investors to

make a well informed decision regarding investment in the scheme.

IV. the intermediaries named in the Scheme Information Document and Statement of Additional Information are

registered with SEBI and their registration is valid as on date.

Sd/-Date : January 29, 2013 S C Dikshit

Place : Mumbai Compliance Officer

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II. INFORMATION ABOUT THE SCHEMEA. TYPE OF THE SCHEME

The Scheme is a Close-ended Umbrella Income Scheme seeking to generate regular returns through investments inDebt / Money Market instruments and Government securities normally maturing in line with the time profile of therespective Plans.

The Scheme will comprise of three series viz., Quarterly, Half-Yearly and Yearly Series and within the Series, variousFixed Maturity Plans (FMPs) thereunder. The Scheme proposes to launch 4 FMPs under these Series every monthand as detailed in the Schedule given on Page no. 4. Each FMP shall be identified by a distinct number.

B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME?

The investment objective of the Scheme and Plans launched thereunder is to seek regular returns by investing in aportfolio of fixed income securities normally maturing in line with the time profile of the respective Plans, therebyenabling the investors to nearly eliminate interest rate risk by remaining invested in the Plan till the Maturity / FinalRedemption.

However there can be no assurance that the investment objective of the Scheme will be achieved. The Plans do notguarantee / indicate any returns.

C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS?

Under normal circumstances, the asset allocation and deviation under the Scheme would be as follows:

Instrument Proportion % of corpus Risk Profile

Minimum Likely Max UptoDebt Securities and Money Market Securities (includingCall money, reverse Repos) with residual average maturityof equal to or less than 410 days (or have put options withina period not exceeding 410 days) and including SecuritisedDebt

20% 80% 100% Low Medium

Debt instruments with residual maturity of more than 410days

- 20% 80% Low

The above stated percentages are only indicative and not absolute.

In respect of Quarterly Plans, the investments would be predominantly in Money Market Securities (including Callmoney, reverse Repos) and Debt Securities including Government Securities with residual average maturity of equalto or less than 100 days (or have put options within a period not exceeding 100 days). In respect of Half-Yearly Plans,the investments would be predominantly in Money Market Securities (including Call money, reverse Repos) and DebtSecurities including Government Securities with residual average maturity of equal to or less than 200 days (or have

put options within a period not exceeding 200 days). In respect of Yearly Plans, the investments would be predominantlyin Money Market Securities (including Call money, reverse Repos) and Debt Securities including Government Securitieswith residual average maturity of equal to or less than 410 days (or have put options within a period not exceeding 410days).

Asset Allocation under the scheme would be in line with SEBI guidelines on investment in securities.

OTHER DISCLOSURES

1. Credit Evaluation Policy:

Fund house follows a Credit Evaluation Process based on the objective assessment of the business risk,industry risk,financial risk, liquidity & funding risk and a subjective assessment of management quality, corporate governance,auditor comments, bankers feedback, risk management systems & processes. The Fund House also takes intoaccount the external rating of the company by accredited rating agencies. It is an ongoing process that includescontinuous monitoring and surveillance of companies to adjust for the latest developments within the sector & corporateactions within the group / company.

2. Sectors in which the Scheme shall not investThe Fund will not invest in the securities issued by the companies in the Real Estate Sector.

3. Type of instruments which the schemes propose to invest in

Please refer to Section D Where will the scheme invest for details.

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4. Floors and Ceilings within a range of 5% of the intended allocation (in %) each sub asset class / credit rating

Intended Portfolio allocation :

Credit rating

Instruments

A1 AAA AA A BBB

CDsCPs

NCDs

Securitized debt

Any others^

The details with regards to the intended allocation for each asset class or credit rating within the range of 5% will beprovided at the time of launch of the scheme

^ Category of Any other refers to investment in FD, Repo / CBLO and other debt instruments

Note :

a) Securities with rating A and AA shall include A+ and A & AA+ and AA respectively. Similarly Securities with ratings A1shall include A1+.

b) All investments shall be made based on rating prevalent at the time of investment. Where any paper is having dual

rating (rated differently by more than one rating agency) then for the purpose of meeting intended range, the mostconservative publicly available rating would be considered.

c) There will not be any deviation between the intended allocation and actual allocation except the following.

i. There can be positive variation in the range w.r.t. rating i.e., scheme may invest in papers of higher rating in the sameinstrument than indicated

ii. In case of non availability of and taking into account the risk reward analysis of CPs, NCDs; the scheme may invest inBank CDs having highest ratings (ie. A1+ or equivalent) or Government Securities, T-Bills, CBLOs. Such deviation maycontinue till maturity of the scheme, if suitable NCDs CPs of desired credit quality are not available.

iii. At the time of building the portfolio post NFO and towards the maturity of the respective schemes, there may be ahigher allocation to cash and cash equivalents.

iv. Further, the above allocation may vary during the duration of the Scheme. Some of these instances are (i) couponinflow; (ii) the instrument is called or brought back by the issuer; (iii) in anticipation of any adverse credit event etc. Incase of such deviations, the Scheme may invest Bank CDs having highest ratings (i.e. A1+ or equivalent, CBLOs,Government Securities, T-Bills. Deviation, if any, due to such instances may continue till maturity, if suitable NCDs,CPs of desired credit quality are not available.

d) Change in Asset Allocation: Further in the event of any deviations below the minimum limits or beyond the maximumlimits as specified in the above table and subject to the notes mentioned herein, the Fund Manager shall review andrebalance the portfolio within 30 days from the date of said deviation (provided such deviation is not too close tomaturity of the scheme)

e) The scheme shall not invest in unrated debt instruments. For this purpose, unrated debt securities shall excludeinstruments such as CBLO, Reverse Repo, Short Term Deposit and such similar instruments to which rating is notapplicable.

2. Change in Investment Pattern:

Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keepingin view market conditions, market opportunities, applicable regulations and political and economic factors. It must beclearly understood that the percentages stated above are only indicative and not absolute. These proportions can varysubstantially depending upon the perception of the Investment Manager, the intention being at all times to seek to

protect the interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensiveconsiderations only.

Any such change in the asset allocation affecting the investment profile of the Scheme shall be affected only inaccordance with the provisions of Regulation 18(15A) of and SEBI (Mutual Funds) Regulations, 1996.

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3. Debt and Money Market in India

Debt Instrument Characteristics

A Debt Instrument is basically an obligation which theborrower has to service periodically and generally hasthe following

features:Face Value : Stated value of the paper /Principal

Amount

Coupon Zero : fixed or floating

Frequency : Semi-annual; annual, sometimesquarterly

Maturity : Bullet, staggered

Redemption : FV; premium or discount

Options : Call/Put

Issue Price : Par (FV) or premium or discount

A debt instrument comprises of a unique series ofcash flows for each paper, terms of which are decidedat the time of issue. Discounting these cash flows to

the present value at various applicable discount rates(market rates) provides the market price.

Debt Market Structure

The Indian Debt market comprises of the MoneyMarket and the Long Term Debt Market.

Money market instruments are CommercialPapers(CPs), certificates of deposit(CDs), Treasurybills (T-bills), Repos, Interbank Call money deposit,CBLOs etc. They are mostly discounted instrumentsthat are issued at a discount to face value.

Money market instruments have a tenor of less thanone year while debt market instruments typically havea tenor of more than one year.

Long Term Debt market in India comprises mainly oftwo segments viz., the Government securities marketand the corporate securities market.

Government securities includes central, state andlocal issues. The main instruments in this market areDated securities (Fixed or Floating) and Treasury bills(Discounted Papers) The Central Governmentsecurities are generally issued through auctions on thebasis of Uniform price method or Multiple pricemethod while State Govt are through on-tap sales.

Corporate debt segment on the other hand includesbonds/debentures issued by private corporates, publicsector units (PSUs) and development financialinstitutions (DFIs). The debentures are rated by a

rating agency and based on the feedback from themarket, the issue is priced accordingly. The bondsissued may be fixed or floating. The floating rate debtmarket has emerged as an active market in the risinginterest rate scenario. Benchmarks range fromOvernight rates or Treasury benchmarks.

Debt derivatives market comprises mainly of InterestRate Swaps linked to Overnight benchmarks calledMIBOR (Mumbai Inter Bank Offered Rate) and is anactive market. Banks and corporate are major playershere and of late Mutual Funds have also startedhedging their exposures through these products.

Securitised Debt Instruments Asset securitisation isa process of transfer of risk whereby commercial orconsumer receivables are pooled packaged and soldin the form of financial instruments. A typical processof asset securitization involves sale of specificReceivables to a Special Purpose Vehicle (SPV) setup in the form of a trust or a company. The SPV in turnissues financial instruments to investors, which arerated by an independent credit rating agency. Bank,Corporates, Housing and Finance companiesgenerally issue securitised instruments. The underlyingreceivables generally comprise of loans of CommercialVehicles, Auto and Two wheeler pools, Mortgagepools (residential housing loans), Personal Loan,

credit card and Corporate receivables.The instrument, which is issued, includes loans orreceivables maturing only after all receivables arerealized. However depending on timing of underlyingreceivables, the average tenure of the securitizedpaper gives a better indication of the maturity of theinstrument.

Regulators

The RBI operates both as the monetary authority andthe debt manager to the government. In its role as amonetary authority, the RBI participates in the marketthrough open market operations as well as throughLiquidity Adjustment facility (LAF) to regulate themoney supply. It also regulates the bank rate and repo

rate, and uses these rates as indirect tools for itsmonetary policy. The RBI as the debt manager issuesthe securities at the cheapest possible rate. The SEBIregulates the debt instruments listed on the stockexchanges.

Market Participants

Given the large size of the trades, the debt market hasremained predominantly a wholesale market.

Primary Dealers

Primary dealers (PDs) act as underwriters in theprimary market, and as market makers in thesecondary market.

Brokers

Brokers bring together counterparties and negotiateterms of the trade.

Investors

Banks, Insurance Companies, Mutual Funds areimportant players in the debt market. Other player areTrusts, Provident and pension funds.

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Types of Security Issuances and Eligible Investors

Issuer Instruments Yields Maturity Investors

CentralGovernment

DatedSecurities

7.90%-8.00% 1-30 years Banks, Insurance Co, PFs, MFs, PDs,Individuals, FII

Central

Government

T-Bills 7.84%-7.98% 364/91 days Banks, Insurance Co, PFs, MFs, PDs,

Individuals, FIIStateGovernment

DatedSecurities

8.63%-8.69% 10 years Banks, Insurance Co, PFs, MFs, PDs,Individuals

PSUsCorporates

Bonds 8.75%-8.72% 5-10 years Banks, Insurance Co, PFs, MFs, PDs,Individuals, FII

Corporates(AAA rated)

Bonds 9.15%-9.00% 1-10 years Banks, MFs, Corporates, Individuals, FII

Corporates CommercialPapers

8.25% - 9.25 % 15 days to 1 yr Banks, MFs, Fin Inst, Corporates,Individuals, FIIs

Banks Certificates ofDeposit

8.20%-8.70% 15 days to 1 yr Banks, Insurance Co, PFs, MFs, PDs,Individuals

Banks Bonds 8.70 % 10-15 years Banks, Companies, MFs, PDs, Individuals

Trading Mechanism

Government Securities and Money Market Instruments

Negotiated Dealing System (NDS) is an electronic platform for facilitating dealing and online reporting of transactions.Government Securities (including T-bills), call money, notice/term money, repos in eligible securities, etc. are availablefor negotiated dealing through NDS. Currently G-Sec deals are done telephonically and reported on NDS. CorporateDebt is basically a phone driven market where deals are concluded verbally over recorded lines. The reporting of tradeis done on the NSE Wholesale Debt Market segment.

4. Investment Strategy and Risk Control

In attempting to deliver optimal returns at controlled risk levels, the Fund strategy is to maintain an ideal balance amongvarious portfolio considerations viz., Portfolio Yield, Liquidity, Credit risk profile and Interest risk profile; keeping in viewthe current and expected market conditions.

Investment Process

The investment management process uses a structured approach encompassing an a-priori evaluation of factorseffecting interest rates. Broadly, these factors are :

Real economic factors such as Economic Growth, Credit, Investment Demand, Revenue Deficit, Trade Deficit,etc.,

Monetary Variables such as Money Supply growth, Inflation, Balance of Payments, Exchange Value of Rupee,etc.,

Policy Variables such as Monetary policy & stance, Fiscal policy & Fiscal Deficit, Structural Issues such asadministered rates, reform process etc

Short Term Factors such as Shape and Structure of yield curve, Corporate spreads, System Liquidity, Marketsentiment, etc.,

External events

The Fund Managers continuously evaluate market conditions keeping in view all these variables and theirexpected impact on interest rates. The investment process emphasizes delivery of labelled objective.

5. Underwriting by the Scheme:

The Scheme may undertake underwriting activities in order to augment its income after complying with the approval

and compliance processes specified in the Regulations and any other applicable guidelines. The total underwritingobligations of the Scheme at any point of time shall not exceed the total value of net assets under the Scheme togetherwith undistributed profits of the Scheme. The Fund intends to obtain Certificate of Registration under SEBI (Underwriters)Regulations, 1993 for carrying out this activity. Any underwriting commitment for a particular amount by the MutualFund will be made as if the Mutual Fund is actually investing that particular amount under the Scheme. Accordingly, allinvestment restrictions and prudential guidelines related to investments in accordance with the Regulations, shall beapplicable. To the extent that the scheme undertakes underwriting obligations, it runs a risk of devolvement of theissue.

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D. WHERE WILL THE SCHEME INVEST?

a. Investment Focus

The Scheme will have an appropriate mix of Debt/ Money market securities and Governmentsecurities (subject to the investment pattern given

below) depending on the prevailing marketoutlook to generate reasonable return with lowrisk.

Debt securities include, but are not limited to,debt obligations of Central, State or localgovernments, statutory bodies, banks, publicsector undertakings, development financialinstitutions and private sector corporate entities.

Money market securities include, but are notlimited to, treasury bills, government securitieswith unexpired maturity of one year or less,commercial paper, certificate of deposit,commercial bills arising out of genuine tradetransactions (accepted / co-accepted by banks),fixed deposits with scheduled commercial banks,call/notice money and securitised debt.

b. Investment Pattern and Risk Profile

The corpus of the Scheme would be investedonly in Debt / Money market instruments andGovernment securities. Subject to theRegulations, the corpus of the Schemes could beinvested in any (but not exclusively) of thefollowing securities:

i. Securities created and issued by the Centraland State Governments and/or Repos/Reverse Repos in such GovernmentSecurities as may be permitted by RBI(including but not limited to coupon bearing

bonds, zero coupon bonds and treasurybills).

ii. Securities guaranteed by the Central andState Governments (including but not limitedto coupon bearing bonds, zero couponbonds and treasury bills).

iii. Money market instruments permitted bySEBI/RBI, having maturities of up to oneyear and more than one year, in call moneymarket or in alternative investment for thecall money market as may be provided bythe RBI to meet the liquidity requirements.

iv. Debt obligations of domestic Governmentagencies and statutory bodies, which may or

may not carry a Central/State Governmentguarantee.

v. Corporate debt (of both public and privatesector undertakings).

vi. Obligations of banks (both public and privatesector) and development financialinstitutions.

vii. Certificate of Deposits (CDs).

viii. Commercial Paper (CPs).

ix. Securitised Debt.

x. The non-convertible part of convertiblesecurities.

xi. Any other domestic fixed income securities.

xii. Derivative instruments like Interest RateSwaps, Forward Rate Agreements and suchother derivative instruments permitted bySEBI/RBI.

The above securities is an indicative list and the portfolio ofthe Scheme can be invested in similar other securitieswhich meets the investment pattern / focus of the Scheme.The securities mentioned above could be listed or unlisted,secured or unsecured, rated or un-rated and of varyingmaturity. The securities may be acquired through NewFund Offer Period (NFO), secondary market operations,private placement, rights offers or negotiated deals.

The Scheme may also enter into redemption and reverse

redemption obligations in all securities held by it as per theguidelines and regulations applicable to such transactions.

c. Investment in Overseas Financial Assets:

The Scheme may also invest in overseas financialassets for the purpose of diversification andcommensurate with the schemes objective, aspermitted by the concerned regulatory authorities inIndia from time to time.

d. Participating in Derivative Products:

Derivatives: A derivative instrument, broadly, is afinancial contract whose payoff structure is determinedby the value of an underlying security, index, interestrate etc. Thus a derivative instrument derives its value

from some underlying variable.Derivatives are further classified into

Futures.

Options.

Swaps.

Futures: A futures contract is a standardized contractbetween two parties where one of the parties commitsto sell, and the other to buy, a stipulated quantity of asecurity at an agreed price on or before a given date infuture.

Options: An option is a derivative instrument whichgives its holder (buyer) the right but not the obligationto buy or sell the underlying security at the contractedprice on or before the specified date. The purchase ofan option requires an up-front payment (premium) tothe seller of the option.

There are two basic types of options, call options andput options.

Call option: A call option gives the buyer of the optionthe right but not the obligation to buy a given quantity

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of the underlying asset, at a given price (strike price),on or before a given future date.

Put option: A put option gives the buyer of the optionthe right but not the obligation to sell a given quantityof the underlying asset, at a given price (strike price),on or before a given future date.

On expiry of a call option, if the market price of theunderlying asset is lower than the strike price the callwould expire unexercised. Likewise, if, on the expiry ofa put option, the market price of the underlying asset ishigher than that of the strike price the put option willexpire unexercised.

The buyer/holder of an option can make loss of notmore that the option premium paid to the seller/writerbut the possible gain is unlimited. On the other hand,the option seller/writers maximum gain is limited to theoption premium charged by him from the buyer/holderbut can make unlimited loss.

Swaps:

The exchange of a sequence of cash flows that derivefrom two different financial instruments. For example,the party receiving fixed in an ordinary Interest RateSwap receives the excess of the fixed coupon paymentover the floating rate payment. Of course, eachpayment depends on the rate, the relevant day countconvention, the length of the accrual period, and thenotional amount.

Some of the derivative techniques/ strategies that maybe used are:-

(i) A scheme may use hedging techniques includingdealing in derivative products - like interest rateswaps (IRS), forward rate agreement (FRA) asmay be permissible under SEBI (MFs)

Regulations from time to time.(ii) The schemes intend to use derivatives mainly for

the purpose of hedging and/or re-balancing of theportfolio against any anticipated move in the debtmarkets. A hedge is primarily designed to offset aloss on a portfolio with a gain in the hedgeposition.

(iii) The Fund Manager may use various strategiesfor trading in derivatives with a view to enhancingreturns and taking cover against possiblefluctuations in the market.

(iv) As per the current norms of UTI AMC, the valueof derivative contracts outstanding at any point oftime will be limited to 25% of the net assets of a

scheme.The Board may, in future, revise the limits withinthe SEBI (MFs) Regulations in keeping with theinvestment objectives of the scheme.

E. WHAT ARE THE INVESTMENT STRATEGIES?

Portfolio Turn Over Policy:

Portfolio Turnover is a term used to measure the

amount of trading that occurs in a schemes portfolioduring a given time period. It is expected that therewould be a number of redemptions on a daily basis.Further the AMC will take advantage of the tradingopportunities that may arise due to factors like liquidityconditions, policy changes, yield curve shifts,

inefficiencies in the securities market. Consequently, itis difficult to estimate with any reasonable measure ofaccuracy, the likely turnover in the portfolio. However,a higher turnover would not affect the brokerage andtransaction costs significantly.

F: FUNDAMENTAL ATTRIBUTES

Following are the Fundamental Attributes of thescheme, in terms of Regulation 18 (15A) of the SEBI(MF) Regulations:

(i) Type of a scheme

The Scheme is a Close-ended Umbrella IncomeScheme seeking to generate regular returnsthrough investments in Debt / Money Marketinstruments and Government securities normallymaturing in line with the time profile of therespective Plans.

(ii) Investment Objective

Main Objective Income as given in clause IIB.

Investment pattern - The tentative Equity/Debt/Money Market portfolio break-up with minimumand maximum asset allocation, while retainingthe option to alter the asset allocation for a shortterm period on defensive considerations asgiven in clause II C.

(iii) Terms of Issue

Liquidity provision relating to redemption as

provided under Clause III (B) and aggregate feesand expenses charged to the scheme: asprovided in the Clause IV (A), (B) & (C) of SID.

In accordance with Regulation 18(15A) of theSEBI (MF) Regulations, the Trustees shall ensurethat no change in the fundamental attributes ofthe Scheme(s) and the Plan(s) / Option(s)thereunder or the trust or fee and expensespayable or any other change which would modifythe Scheme(s) and the Plan(s) / Option(s)thereunder and affect the interests of Unitholdersis carried out unless:

A written communication about the proposedchange is sent to each Unitholder and an

advertisement is given in one English dailynewspaper having nationwide circulation as wellas in a newspaper published in the language ofthe region where the Head Office of the MutualFund is situated; and

The Unitholders are given an option for a periodof 30 days to exit at the prevailing Net AssetValue without any exit load.

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G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?

No comparable benchmark available.

H. WHO MANAGES THE SCHEME?

Shri Manish Joshi is the fund manager of UTI-Fixed Maturity Plan.

Shri Arpit Kapoor is the dedicated Fund Manager for investment in ADRs / GDRs / Foreign Securities.

Name Age

(in yrs)

Qualifications Experience Other Schemes Managed

ManishJoshi

42 M.Sc(Physics),MFM,

Joined UTI in February 1997and was in Department ofInternational Finance. SinceNovember 2003, has been inFunds Management / Dealing Fixed Income / Money Marketas Dealer / Assistant FundManager.

UTI-Money Market Fund,UTI-Liquid Cash PlanUTI Fixed Term Income Funds,

ArpitKapoor

28 B.Tech, PGDM Torry Harris BusinessSolutions, Bangalore asAssociate Software Engineer

from June 2005 to June 2007;Mobintech A/S, Denmark asBusiness Analyst fromSeptember 2008 to December2008;UTI AMC Ltd since June 2009as Fund Manager-cum-Research Analyst

Dedicated fund manager for investmentin ADRs/GDRs/Foreign securities of alldomestic schemes launched or to be

launched by the UTI Mutual Fund.

I. WHAT ARE THE INVESTMENT RESTRICTIONS?

Pursuant to SEBI Regulations, the following investment restrictions are applicable to the Scheme. These investmentlimitation / parameters (as expressed /linked to the net asset / net asset value / capital) shall in the ordinary courseapply as at the date of the most recent transaction or commitment to invest and changes do not have to be effectedmerely because, owing to appreciation or depreciation in value of the securities or by appreciation / depreciation in theNet Asset Value due to purchase / repurchases in the Scheme or by reason of the receipt of any rights, bonuses or

benefits in the nature of capital or of any scheme of arrangement or for amalgamation, reconstruction or exchange, orat any repayment or redemption or other reason outside the control of the fund, any such limits would thereby bebreached. All investment restrictions shall be applicable at the time of making an investment.

a. A mutual fund scheme shall not invest more than 15% of its NAV in debt instruments issued by a single issuer thatare rated not below investment grade by a credit rating agency authorised to carry out such activity under the Act.Such investment limit may be extended to 20% of the NAV of the scheme with the prior approval of the Board ofTrustees and the Board of Asset Management Company. Provided that such limit shall not be applicable forinvestments in government securities and money market instruments.

Provided further that investment within such limit can be made in mortgage backed securitised debt which arerated not below investment grade by a credit rating agency registered with SEBI.

b. A mutual fund scheme shall not invest more than 10% of its NAV in unrated debt instruments issued by a singleissuer and the total investment in such instruments shall not exceed 25% of the NAV of the scheme. All suchinvestments shall be made with the prior approval of the Board of Trustees and the Board of asset managementcompany or their duly constituted committees.

c. Debentures, irrespective of any residual maturity period (above or below one year), shall attract the investmentrestrictions as applicable for debt instruments as specified under Clause 1 and 1A of Seventh Schedule to theRegulations.

d. The Mutual Fund will buy and sell securities on the basis of deliveries and will in all cases of purchase, takedelivery of relative securities and in all cases of sale, deliver the securities and will in no case put itself in a positionwhereby it has to make short sales or carry forward transactions or engage in badla finance (carry forward).

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e. No term loans will be advanced by this scheme for any purpose as per SEBI regulation 44(3) of SEBI (MutualFund) Regulations 1996.

f. The schemes shall not make any investment in any fund of fund scheme.

g. A scheme may invest in another scheme under the same AMC or any other mutual fund without charging fees,provided that aggregate inter scheme investment made by all schemes under the same management or in

schemes under the management of any other asset management company shall not exceed 5% of the net assetvalue of the mutual fund.

h. Transfers of investments from one scheme to another scheme in the same mutual fund shall be allowed only if:such transfers are done at the prevailing market price for quoted instruments on spot basis; (Explanation - spotbasis shall have same meaning as specified by stock exchange) for spot transactions and the securities sotransferred shall be in conformity with the investment objective of the scheme to which such transfer has beenmade.

i. Every mutual fund shall get the securities purchased transferred in the name of the mutual fund on account of theconcerned scheme, wherever the investments are intended to be of long term nature.

j. Pending deployment of funds of a scheme in securities in accordance with the investment objectives of thescheme, a mutual fund can invest the funds of the scheme in short term deposits of scheduled commercial banksand other liquid instruments, subject to the Regulations and applicable Money Market Guidelines.

k. The schemes shall not make any investment in any unlisted security of an associate or group company of thesponsors or any security issued by way of private placement by an associate or group company of the sponsors;

or the listed securities of group companies of the sponsors which is in excess of 25% of the net assets.The AMC may alter these above stated restrictions from time to time to the extent the SEBI Regulations change,so as to permit the Scheme to make its investments in the full spectrum of permitted investments for mutual fundsto achieve its respective investment objective.

J. HOW HAS THE SCHEME PERFORMED?

No comparable benchmark available.

III. UNITS AND OFFERThis section provides details you need to know for investing in the scheme.

A. NEW FUND OFFER (NFO)

New Fund Offer Period

This is the period during which anew scheme sells its units to the

investors.

The Scheme proposes to launch 4 FMPs under these Series every month andas detailed in the schedule given on Page no. 4. Each FMP identified by adistinct number, will have a portfolio of Debt / Money Market Instruments andGovernment securities normally maturing in line with the time profile of eachFMP.Each Plan shall offer Regular and Direct Plans with Growth and DividendOption. The Dividend Option shall offer Dividend payout and DividendReinvestment facility.The New Fund Offer Period of the Plans, when offered for Purchase, would bekept open for a period of not exceeding 7 Business Days or for such number ofdays (not exceeding 15 days) as may be decided by the AMC.The Trustee reserves the right to extend the closing date, subject to, however,the condition that the subscription list shall not be kept open for more than 15days. Similarly, the Trustee may close the subscription list earlier by giving onedays notice in one daily newspaper.New Fund Offer period of the schemes will be as per SEBI guidelines which iscurrently restricted to a maximum 15 days

New Fund Offer Price:

This is the price per unit that theinvestors have to pay to investduring the NFO.

The new fund offer price of units of the respective Plan would be`10/- per unit.

Minimum Amount for Application inthe NFO

The minimum amount of investment under any Plan is `10,000/- and inmultiples of`10/- thereafter.

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Dematerialisation (a) Units of each plan of the scheme will normally also be available in thedematerialised form.

(b) In case the unit holder wishes to transfer the units prior to maturity, thenhe / she may need to approach the stock market where the scheme islisted. Applicants under the scheme may then be required to have abeneficiary account with a DP of NSDL/CDSL. Applicants may indicate inthe application form the DPs name, DP ID number and its beneficiaryaccount number with the DP at the time of investment or can convert hisunits into demat mode at a later date.

(c) The unit holders will have an option to hold units in demat form in additionto the account statement as per the current practice.

(d) Unit holders who wish to trade in units would be required to have a demataccount.

(e) The option to have the units in demat or physical form may be exercisedin theappropriate place in the application form.

Minimum Target amountThis is the minimum amount requiredto operate the scheme and if this isnot collected during the NFO period,then all the investors would be

refunded the amount investedwithout any return. However, if AMCfails to refund the amount within 6weeks, interest as specified by SEBI(currently 15% p.a.) will be paid tothe investors from the expiry of 5business days from the date ofclosure of the subscription period.

An amount of`1 crore is targeted to be raised during the New Fund Offerperiod of the scheme. Over subscription above`1 crore will be retained subjectto subscription restrictions as stated below regarding maximum amount to beraised. If the targeted amount of`1 crore is not subscribed to, UTI AMC shallrefund the entire amount collected under the scheme by an account payee

cheque/refund order or by any other mode of payment as may be decided byUTI AMC within 5 business days from the close of the New Fund Offer periodof the scheme. In the event of any failure to refund such amount within 5business days from the close of the New Fund Offer period of the scheme, UTIAMC shall be liable to pay to the concerned applicant interest @ 15% p.a. orsuch rate as may be prescribed by SEBI from time to time from the 6th businessdays of the date of closure of the New Fund Offer period of the scheme till thedate of despatch of refund order.

Maximum Amount to be raised (ifany)This is the maximum amount whichcan be collected during the NFOperiod, as decided by the AMC.

No maximum limit. Over subscriptions above`1 Crore will be retained in full.

Pre Closure & Extension of the Offer The AMC /Trustee reserves the right to launch or defer the launch dependingupon appetite for such products. The AMC/Trustees reserve the right to extendthe closing date of the New Fund Offer period, subject to the condition that thesubscription to the New Fund Offer shall not be kept open for more than 15days. Similarly the AMC/Trustee may close the New Fund Offer earlier bygiving one days notice in one daily newspaper.

Plans / Options offered Each Series of the Fixed Maturity Plan shall offer Regular Plan and Direct Planwith both Growth and Dividend Options. (as given in schedule of Fixed MaturityPlan on page no. 4).In case of valid applications received, without indicating any choice of theOption, it would be considered as Growth option and processed accordingly.The NAVs of the two options will be different and separately declared, theportfolio of investment remaining the same.Direct Plan:

Direct Plan is only for investors who purchase/subscribe units directly with theFund and is not available for investors who route their investments through a

Distributor.All categories of Investors (whether existing or new Unitholders) as permittedunder the SID of the Fund/Scheme are eligible to subscribe under Direct Plan.Investments under the Direct Plan can be made through various modes (exceptall Platform(s) where investors applications for subscription of units are routedthrough Distributors).

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The Direct Plan will be a separate plan under the Fund/Scheme and shall havea lower expense ratio excluding distribution expenses, commission etc and willhave a separate NAV. No commission shall be paid from Direct Plan.How to apply: Investors subscribing under Direct Plan of UTI-FixedMaturity Plan will have to indicate Direct Plan against the Schemeand Plan name in the application form as for example UTI-Fixedmaturity Plan YFMP (mm/yy) / HFMP (mm/yy) / QFMP (mm/yy-PlanNo.) Direct Plan.Investors should also indicate Direct in the ARN column of the applicationform. However, in case Distributor code is mentioned in the application form,but Direct Plan is indicated against the Scheme name, the Distributor codewill be ignored and the application will be processed under Direct Plan. Further,where an application is received for Regular Plan without Distributor code orDirect mentioned in the ARN Column, the application will be processed underDirect PlanScheme characteristics of Direct Plan:

Scheme characteristics such as Investment Objective, Asset Allocation Pattern,Investment Strategy, risk factors, facilities offered and terms and conditionsincluding load structure will be the same for the Regular Plan and the DirectPlan. Portfolio of the Scheme under the Regular Plan and Direct Plan will be

common.Eligible investors/modes for applying:All categories of investors (whether existing or new unitholders) as permittedunder the SID are eligible to subscribe under Direct Plan.For further details on Direct Plan, please refer to SAI

Dividend Policy (a) Dividend distribution:Under the dividend option, it is proposed to declare dividend, subject toavailability of distributable surplus, on or before the Maturity Date / FinalRedemption Date of the respective Plans or such other day / frequency asmay be decided by the Trustees, as computed in accordance with SEBIRegulations.It is envisaged to have different Net Asset Value separately for the GrowthOption and Dividend Option both under the Regular Plan and Direct Plan.The Direct Plan will have the same Portfolio and Books of Account as theRegular Plan.

(b) Capitalisation and issue of Bonus unitsBonus units may be issued under any of the scheme/s/plan/s as may bedecided by the Trustee from time to time.

(c) Reinvestment of dividend distributedUnitholders, if they so desire, will have facility to reinvest dividend, if any,payable to them, into further units of that scheme/plan.

Allotment (a) At the time of joining the scheme the UTI AMC shall arrange to issue tothe applicant, a statement of account indicating his admission to thescheme/plan and other relevant details within a period not later than 5Business days from the date of allotment. In all future correspondencewith the UTI AMC the unitholder shall have to quote the membership/folionumber.

(b) The NRI applicant may choose to receive the SOA at his/her Indian/foreign address or at the address of his/her relative resident in India.

(c) UTI AMC shall send the SoA at the address mentioned in the applicationform and recorded with UTI AMC and shall not incur any liability for loss,

damage, mis-delivery or non-delivery of the SoA.(d) If a unitholder desires to have a unit certificate (UC) in lieu of SoA thesame would be issued to him within 30 days from the date of receipt ofsuch request.

(e) In case the unit certificate or SoA is mutilated/defaced/lost, UTI AMC mayissue a duplicate SoA on receipt of a request to that effect from theunitholder on a plain paper or in the manner as may be prescribed fromtime to time.

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Refund If application is rejected, full amount will be refunded within 5 business days ofclosure of NFO. If refunded later than 5 business days, interest @ 15% p.a. fordelay period will be paid and charged to the AMC.

Risk Mitigation process againstThird Party Cheques

Restriction on Third Party Payments

Third party payments are not accepted in any of the schemes of UTI Mutual

Fund subject to certain exceptions.Third Party Payments means the payment made through instruments issuedfrom an account other than that of the beneficiary investor mentioned in theapplication form. However, in case of payments from a joint bank account, thefirst named applicant/investor has to be one of the joint holders of the bankaccount from which payment is made

For further details, please refer to SAI.

Who can investThis is an indicative list and you arerequested to consult your financialadvisor to ascertain whether thescheme is suitable to your riskprofile.

The following qualified persons (subject to, wherever relevant, purchase ofunits of mutual funds being permitted under respective constitutions, andrelevant statutory regulations) are eligible and may apply for subscription to theUnits of the Scheme.

a. Resident Adult Individuals either singly or jointly (not exceeding three),

b. Minors through parent/lawful guardian. Units can be held on Joint or

Anyone or Survivor basis,c. Companies, Bodies Corporate, Public Sector Undertakings, Private

Trusts, Association of Persons or Bodies of Individuals and Societiesregistered under the Societies Registration Act, 1860 (so long as thepurchase of Units is permitted under the respective constitutions),

d. Partnership Firms,

e. Karta of Hindu Undivided Family (HUF),

f. Banks and Financial Institutions,

g. Religious and Charitable Trusts, Wakfs or Endowments and RegisteredSocieties (including Registered Co-operative Societies) (subject to receiptof necessary approvals as required)

h. Non-Resident Indians / Persons of Indian Origin residing abroad (NRIs)on repatriation and non repatriation basis

i. Foreign Institutional Investors (FIIs) Registered with SEBI on repatriationbasis.

j. Army, Air Force, Navy and other para-military units and bodies created bysuch institutions.

k. Scientific and Industrial Research Organisations.

l. International Multilateral Agencies / Bodies Corporate incorporatedoutside India with the permission of the Government of India / ReserveBank of India.

m. Mutual Funds registered with SEBI including other schemes of UTI MutualFund.

n. Other Associations, Institutions, Bodies, etc. who are permitted to investin this Scheme as per their respective constitution

o. Subject to the Regulations, the Sponsors, the Mutual Funds managed by

them, their associates and the AMC may acquire units of the scheme. TheAMC shall not be entitled to charge any fees on its investments in thescheme

Subject to the Regulations, the Trustee/AMC may reject any applicationreceived, in case the application is found invalid/incomplete or for anyother reason at the Trustees/AMCs Sole discretion.

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Notes :

(a) In terms of the notification No. FERA/195/99-RB dated March 30, 1999and FERA/212/99-RB dated October 18, 1999, the RBI has granted ageneral permission to mutual funds, as referred to in Clause 23(D) ofSection 10 of the Income Tax Act, 1961 to issue and repurchase Units oftheir schemes which are approved by SEBI to NRIs/PIOs and FIIs

respectively, subject to conditions set out in the aforesaid notifications.Further, general permission is also granted to send such Units to NRIs/PIOs and FIIs to their place of residence or location as the case may be.

(b) Returned cheques are liable not to be presented again for collection, andthe accompanying Application Forms are liable to be rejected. In case thereturned cheques are presented again, the necessary charges are liableto be debited to the investor.

(c) Neither this Scheme Information Document nor the Units have beenregistered in any jurisdiction including the United States of America. Thedistribution of this Scheme Information Document in certain jurisdictionsmay be restricted or subject to registration requirements and, accordingly,persons who come into possession of this Scheme Information Documentare required to inform themselves about, and to observe any suchrestrictions.No persons receiving a copy of this Scheme Information

Document or any accompanying application form in such jurisdiction maytreat this Scheme Information Document or such application form asconstituting an invitation to them to subscribe for Units, nor should they inany event use any such application form, unless in the relevant jurisdictionsuch an invitation could lawfully be made to them and such applicationform could lawfully be used without compliance with any registration orother legal requirements. Accordingly this Scheme Information Documentdoes not constitute an offer or solicitation by anyone in any jurisdiction inwhich such offer or solicitation is not lawful or in which the person makingsuch offer or solicitation is not qualified to do so or to anyone to whom it isunlawful to make such offer or solicitation.

It is the responsibility of any persons in possession of this SchemeInformation Document and any persons wishing to apply for Units pursuantto this Scheme Information Document to inform themselves of and toobserve, all applicable laws and Regulations of such relevant jurisdiction.

For the purposes of carrying out the transactions by Foreign Nationals in theunits of the Schemes of UTI Mutual Fund,

1. Foreign Nationals shall be resident in India as per the provisions of theForeign Exchange Management Act, 1999.

2. Foreign Nationals are required to comply (including taking necessaryapprovals) with all the laws, rules, regulations, guidelines and circulars, asmay be issued/applicable from time to time, including but not limited toand pertaining to anti money laundering, know your customer (KYC),income tax, foreign exchange management (the Foreign ExchangeManagement Act, 1999 and the Rules and Regulations made thereunder)including in all the applicable jurisdictions.

UTI AMC reserves the right to amend/terminate this facility at any time,keeping in view business/operational exigencies.

Where can you submit the filled upapplications. Name and Address of Registrar:M/s. Karvy Computershare Pvt. Ltd.Narayani Mansion, H. No. 1-90-2/10/E,Vittalrao Nagar,Madhapur, Hyderabad - 500 081.Tel.: 040 23421944 to 47,Fax: 040 - 23115503,Email:[email protected]

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The details of official points of acceptance are given on the back cover page. Itis mandatory for investors to mention their bank account particulars in theirapplications/request for redemption.In addition to the circumstances mentioned in the Statement of AdditionalInformation, UTI AMC shall have the right to accept and / or reject at its solediscretion an application for issue of units if the applicant does not clearlyindicate which Fund / Scheme he chooses to invest.

How to Apply Please refer to the SAI and Application form for the instructions.

Listing Units of each plan under the scheme will be listed on the National StockExchange and any other stock exchange(s) as may be decided by the UTIAMC after the closure of the New Fund Offer period.The listing fees shall be charged under Regulations 52(4).

Special Products / facilities availableduring the NFO

Systematic Investment Plan: Not availableSystematic Transfer Investment Plan: Not availableSystematic Withdrawal Plan: Not available

Restrictions, if any, on the right tofreely retain or dispose of units beingoffered.

(a) In the event of the death of the unitholder, the joint holder(s)/nominee/legalrepresentative of the unitholder may, if he is otherwise eligible for joiningthe scheme as unitholder, be permitted to hold the units and become aunitholder. In that event a fresh SOA will be issued in his name in respectof units so desired to be held by him subject to his complying with thecondition of minimum holding and the required procedure as may beprescribed by UTI AMC from time to time.

(b) If the joint holder/nominee/ legal representative of the unitholder is noteligible to join the scheme or he though eligible, opts for redemption andalso in cases where no nomination has been made, the claimant (i.e. jointholder/nominee/legal representative of the unitholder, as the case may be)on surrender of Unit Certificate / the latest SOA or any such other document,as may be prescribed from time to time, issued to the deceased unitholderand on due compliance with the procedural requirements, as may beprescribed by UTI AMC for recognition of such claims, he shall be paidredemption proceeds of the units outstanding to the credit of the deceasedunitholder as on the date of such acceptance.

(c) Exit Load in respect of redemption of Units on death of Unit holder: NotApplicable

Refer to Statement of Additional Information (SAI) on Settlement of claimsunder Item no. III

B. ONGOING OFFER DETAILS

Ongoing Offer PeriodThis is the date from which the schemewill reopen for subscriptions/redemptionsafter the closure of the NFO period.

The scheme is a close-ended umbrella income scheme.The Scheme proposes to launch 4 FMPs under these Series every monthand as detailed in the schedule given on Page no. 4.

Ongoing price for subscription(purchase)/switch-in (from otherschemes/plans of the mutual fund) byinvestors.This is the price you need to pay forpurchase/switch-in.

Units can be purchased only during the New Fund Offer period without anyentry load. During the New Fund Offer period the units will be sold at facevalue i.e.`10/-.Switchover to any other scheme/plan allowed only on maturity.

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Ongoing price for redemption (sale) /switch outs (to other schemes/plans ofthe Mutual Fund) by investors.This is the price you will receive forredemptions/switch outs.Example: If the applicable NAV is`10,

exit load is 2% then redemption price will

be:

`10* (1-0.02) =`9.80

Maturity Date / Final Redemption Date

Each Plan will have a Maturity Date / Final Redemption Date on which thePlan will be compulsorily and without any further act by the Unitholder(s)redeemed. On the Maturity / Final Redemption Date of the Plan, the unitsunder the Plan will be redeemed at the Applicable NAV. For Redemptionsmade on the Maturity Date / Final Redemption Date, presently there is noexit load charged. The de

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