Srei Sahaj to market UTI Mutual's pension products
UTI Mutual Fund has entered into an arrangement with Srei Sahaj for distribution of its micro-pension products across the States of Assam, Bihar, Orissa, Tamil Nadu, Uttar Pradesh and West Bengal. Under the initiative, investors would have to contribute a minimum of Rs 200 a month towards UTI-Retirement Benefit Pension Fund so as to enable them to receive pension in the form of periodical income after they attain the age of 58, according to Mr Jaideep Bhattacharya, Group President and Chief Marketing Officer, UTI.