UTI Unit Linked Insurance Plan (UTI-ULIP) announces a bonus of 1:10 (1 unit for every 10 units held of face value Rs.10/- each). Pursuant to the payment of bonus, the NAV of the scheme would fall to the extent of bonus units allotted and statutory levy if any
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The record date is February 23, 2010.
The NAV per unit was Rs.18.3713 on February 17, 2010.
 
 UTI-ULIP is an open-end tax saving cum insurance scheme. The investment objective of the scheme is primarily to provide returns through growth in NAV or through income distribution and reinvestment thereof. It is a unique product, which provides multiple benefits to its investors viz. Life Insurance Cover without any medical examination, Accident Cover up to Rs.50,000/-, Tax benefits under sec 80C of Income Tax Act, 1961, Easy Liquidity and Ability to time investments for payment of renewal contribution
