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Tuesday, March 31, 2009

UTI Master Equity Plan Unit Scheme declares dividend

Record date for dividend is 6 April 2009

UTI Mutual Fund has announced dividend of 15% or Rs 1.50 per unit on a face value of Rs 10 under dividend options of UTI Master Equity Plan Unit Scheme, an equity oriented scheme. The record date for declaration of dividend is set on 6 April 2009.

The NAV per unit as on 27 March 2009 was Rs 29.85 per unit under the scheme.

The scheme primarily aims at securing for the members capital appreciation by investing the funds of the scheme in equity scheme in equity shares and convertible and non-convertible bonds/debentures of companies with good growth prospects and money market instruments.

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