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Saturday, April 11, 2009

UTI Equity Fund announces dividend

Record date for dividend is 16 April 2009

UTI Mutual Fund has announced dividend under dividend option of UTI - Equity Fund. The record date for the declaration of dividend is 16 April 2009.

The quantum of dividend is Rs 1.00 i.e. 10% on the record date on face value of Rs 10 per unit. The NAV was at Rs 25.60 per unit as on 8 April 2009.

UTI Equity Fund is an open ended equity scheme aims at securing for the unitholders capital appreciation by investing the funds of the 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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